Misr Cement (Qena) (CAI:MCQE) Cyclically Adjusted PB Ratio: 12.49 (As of Aug. 31, 2026) — 750% Above Median

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CAI:MCQE Misr Cement (Qena) CAI:MCQE
69 GF Score
Price E£234.10
GF Value E£45.47
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Misr Cement (Qena) Cyclically Adjusted PB Ratio?

Misr Cement (Qena) CAI:MCQE +0.91% 69 Cyclically Adjusted PB Ratio is 12.49 as of Aug. 31, 2026, which is 750% above its 10-year median of 1.47. GuruFocus rates CAI:MCQE with a GF Score™ of 69/100 and a GF Value™ of E£45.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 285 Building Materials companies, Misr Cement (Qena) ranks worse than 97.89% on this metric.

As of today (2026-08-31), Misr Cement (Qena)'s current share price is E£234.10. Misr Cement (Qena)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was E£18.75. Misr Cement (Qena)'s Cyclically Adjusted PB Ratio for today is 12.49.

The historical rank and industry rank for Misr Cement (Qena)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

CAI:MCQE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.47   Max: 13.23
Current: 12.43

During the past years, Misr Cement (Qena)'s highest Cyclically Adjusted PB Ratio was 13.23. The lowest was 0.66. And the median was 1.47.

CAI:MCQE's Cyclically Adjusted PB Ratio is ranked worse than
97.89% of 285 companies
in the Building Materials industry
Industry Median: 0.97 vs CAI:MCQE: 12.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Misr Cement (Qena)'s adjusted book value per share data for the three months ended in Mar. 2026 was E£31.606. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is E£18.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Misr Cement (Qena)  (CAI:MCQE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Misr Cement (Qena) Cyclically Adjusted PB Ratio Related Terms


Misr Cement (Qena) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Misr Cement (Qena)'s Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Misr Cement (Qena) Cyclically Adjusted PB Ratio Chart

Misr Cement (Qena) Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.20 1.45 1.44 9.57

Misr Cement (Qena) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 3.19 4.23 9.57 8.92

CAI:MCQE vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Misr Cement (Qena)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Misr Cement (Qena) Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Misr Cement (Qena)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Misr Cement (Qena)'s Cyclically Adjusted PB Ratio falls into.


CAI:MCQE
69GF Score
Misr Cement (Qena) CAI:MCQE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Misr Cement (Qena) Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Misr Cement (Qena)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=234.10/18.75
=12.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Misr Cement (Qena)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Misr Cement (Qena)'s adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=31.606/330.2130*330.2130
=31.606

Current CPI (Mar. 2026) = 330.2130.

Misr Cement (Qena) Quarterly Data

Book Value per Share CPI Adj_Book
201509 10.104 237.945 14.022
201512 10.539 236.525 14.714
201603 9.427 238.132 13.072
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 13.464 246.524 18.035
201803 13.660 249.554 18.075
201806 14.011 251.989 18.360
201809 14.031 252.439 18.354
201812 14.202 251.233 18.667
201903 13.822 254.202 17.955
201906 13.819 256.143 17.815
201909 14.004 256.759 18.010
201912 14.027 256.974 18.025
202003 14.159 258.115 18.114
202006 14.305 257.797 18.323
202009 14.178 260.280 17.987
202012 14.100 260.474 17.875
202103 0.000 264.877 0.000
202106 0.000 271.696 0.000
202109 0.000 274.310 0.000
202112 15.107 278.802 17.893
202203 15.141 287.504 17.390
202206 15.078 296.311 16.803
202209 15.035 296.808 16.727
202212 15.389 296.797 17.122
202303 15.337 301.836 16.779
202306 15.109 305.109 16.352
202309 14.800 307.789 15.878
202312 15.567 306.746 16.758
202403 15.261 312.332 16.135
202406 15.250 314.175 16.028
202409 15.477 315.301 16.209
202412 17.454 315.605 18.262
202503 18.521 319.799 19.124
202506 22.286 322.561 22.815
202509 29.875 324.800 30.373
202512 37.216 324.054 37.923
202603 31.606 330.213 31.606

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 12.49 mean?
Misr Cement (Qena) (CAI:MCQE) has a Cyclically Adjusted PB Ratio of 12.49 as of Aug. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Misr Cement (Qena) and its competitors. This is 750% above median its historical median of 1.47. Over the past decade, Misr Cement (Qena)'s Cyclically Adjusted PB Ratio has ranged from 0.66 to 13.23. According to the industry distribution chart, Misr Cement (Qena) ranks #279 out of 285 companies in the Building Materials industry, placing it in the top 97.9%.
Is Misr Cement (Qena)'s Cyclically Adjusted PB Ratio too high?
Misr Cement (Qena)'s current Cyclically Adjusted PB Ratio of 12.49 is 750% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 13.23. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Misr Cement (Qena)'s value of 12.49 is 1187.6% above this industry median. Based on the distribution chart, Misr Cement (Qena) ranks #279 out of 285 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Misr Cement (Qena) has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Misr Cement (Qena)'s Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Misr Cement (Qena) ranks #279 out of 285 companies for Cyclically Adjusted PB Ratio. This places Misr Cement (Qena) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Misr Cement (Qena)'s value of 12.49 is 1187.6% above this benchmark. Historically, Misr Cement (Qena)'s own Cyclically Adjusted PB Ratio has ranged from 0.66 to 13.23 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.97, Misr Cement (Qena) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Misr Cement (Qena)'s current Cyclically Adjusted PB Ratio of 12.49 is 1187.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Misr Cement (Qena) and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Misr Cement (Qena)'s current Cyclically Adjusted PB Ratio is 12.49, which is 750% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Misr Cement (Qena) stock overvalued right now?
Based on GuruFocus' analysis, Misr Cement (Qena) (CAI:MCQE) is currently considered Significantly Overvalued. The stock's GF Value™ is E£45.47, compared to a current price of E£234.10 — trading 414.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.49, which is 750% above median its 10-year median of 1.47 and 1187.6% above the Building Materials industry median of 0.97. Misr Cement (Qena)'s overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Misr Cement (Qena) (CAI:MCQE), the current Cyclically Adjusted PB Ratio is 12.49 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Misr Cement (Qena) (CAI:MCQE) Overvalued in 2026?

Based on GuruFocus' analysis, Misr Cement (Qena) stock appears to be overvalued. The current stock price of E£234.10 is trading 414.8% above its estimated GF Value™ of E£45.47. GuruFocus considers Misr Cement (Qena) to be Significantly Overvalued.

Key valuation signals for CAI:MCQE:

  • Cyclically Adjusted PB Ratio: 12.49 (750% above median its 10-year median of 1.47)
  • GF Value™: E£45.47 vs. price of E£234.10 (414.8% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 1187.6% above the Building Materials median (#279 of 285)

No single metric tells the full story. See the CAI:MCQE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Misr Cement (Qena) Business Description

Address 22 Anwar El Mofty Street, 3rd Floor, Tiba Project 2000, Nasr, Cairo, EGY
Misr Cement (Qena) manufactures building materials. The company manufactures and sells cement and cement-related products in Egypt.
69GF Score

Get the complete analysis for CAI:MCQE

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

E£234.10
Price
E£45.47
GF Value