Les Eaux Minerales d'Oulmes (CAS:OUL) Cyclically Adjusted PB Ratio: 2.83 (As of Jul. 06, 2026) — 18% Below Median


CAS:OUL Les Eaux Minerales d'Oulmes SA CAS:OUL
29 GF Score
Price MAD1,153.00
GF Value MAD1,681.83
Valuation Possible Value Trap
! 5 Warning Signs
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What is Les Eaux Minerales d'Oulmes Cyclically Adjusted PB Ratio?

Les Eaux Minerales d'Oulmes CAS:OUL 29 Cyclically Adjusted PB Ratio is 2.83 as of Jul. 06, 2026, which is 18% below its 10-year median of 3.47. GuruFocus rates CAS:OUL with a GF Score™ of 29/100 and a GF Value™ of MAD1,681.83 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 86 Beverages - Non-Alcoholic companies, Les Eaux Minerales d'Oulmes ranks worse than 61.63% on this metric.

As of today (2026-07-06), Les Eaux Minerales d'Oulmes's current share price is MAD1153.00. Les Eaux Minerales d'Oulmes's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was MAD407.62. Les Eaux Minerales d'Oulmes's Cyclically Adjusted PB Ratio for today is 2.83.

The historical rank and industry rank for Les Eaux Minerales d'Oulmes's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAS:OUL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.83   Med: 3.47   Max: 4.93
Current: 2.83

During the past 13 years, Les Eaux Minerales d'Oulmes's highest Cyclically Adjusted PB Ratio was 4.93. The lowest was 2.83. And the median was 3.47.

CAS:OUL's Cyclically Adjusted PB Ratio is ranked worse than
61.63% of 86 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.135 vs CAS:OUL: 2.83

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.

Les Eaux Minerales d'Oulmes's adjusted book value per share data of for the fiscal year that ended in Dec25 was MAD398.031. 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 MAD407.62 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Les Eaux Minerales d'Oulmes  (CAS:OUL) 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.


Les Eaux Minerales d'Oulmes Cyclically Adjusted PB Ratio Related Terms


Les Eaux Minerales d'Oulmes Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Les Eaux Minerales d'Oulmes'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.

Les Eaux Minerales d'Oulmes Cyclically Adjusted PB Ratio Chart

Les Eaux Minerales d'Oulmes Annual Data
Trend Dec16 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 2.86 4.06 3.45 3.10 2.90

Les Eaux Minerales d'Oulmes Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.45 0.00 3.10 0.00 2.90

CAS:OUL vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Les Eaux Minerales d'Oulmes'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.


Les Eaux Minerales d'Oulmes Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Les Eaux Minerales d'Oulmes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Les Eaux Minerales d'Oulmes's Cyclically Adjusted PB Ratio falls into.


CAS:OUL
29GF Score
Les Eaux Minerales d'Oulmes SA CAS:OUL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Les Eaux Minerales d'Oulmes 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.

Les Eaux Minerales d'Oulmes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1153.00/407.62
=2.83

* 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.

Les Eaux Minerales d'Oulmes's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Les Eaux Minerales d'Oulmes's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=398.031/324.0540*324.0540
=398.031

Current CPI (Dec25) = 324.0540.

Les Eaux Minerales d'Oulmes Annual Data

Book Value per Share CPI Adj_Book
201612 367.643 241.432 493.456
201712 390.769 246.524 513.663
201812 313.380 251.233 404.215
201912 319.419 256.974 402.800
202012 298.530 260.474 371.399
202112 318.777 278.802 370.517
202212 340.068 296.797 371.299
202312 357.062 306.746 377.209
202412 363.877 315.605 373.618
202512 398.031 324.054 398.031

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 2.83 mean?
Les Eaux Minerales d'Oulmes (CAS:OUL) has a Cyclically Adjusted PB Ratio of 2.83 as of Jul. 06, 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 Les Eaux Minerales d'Oulmes and its competitors. This is 18% below median its historical median of 3.47. Over the past decade, Les Eaux Minerales d'Oulmes' Cyclically Adjusted PB Ratio has ranged from 2.83 to 4.93. According to the industry distribution chart, Les Eaux Minerales d'Oulmes ranks #53 out of 86 companies in the Beverages - Non-Alcoholic industry, placing it in the top 61.6%.
Is Les Eaux Minerales d'Oulmes' Cyclically Adjusted PB Ratio too high?
Les Eaux Minerales d'Oulmes' current Cyclically Adjusted PB Ratio of 2.83 is 18% below median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 4.93. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.14. Les Eaux Minerales d'Oulmes' value of 2.83 is 32.6% above this industry median. Based on the distribution chart, Les Eaux Minerales d'Oulmes ranks #53 out of 86 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Les Eaux Minerales d'Oulmes has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Les Eaux Minerales d'Oulmes' Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Les Eaux Minerales d'Oulmes ranks #53 out of 86 companies for Cyclically Adjusted PB Ratio. This places Les Eaux Minerales d'Oulmes in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Les Eaux Minerales d'Oulmes' value of 2.83 is 32.6% above this benchmark. Historically, Les Eaux Minerales d'Oulmes' own Cyclically Adjusted PB Ratio has ranged from 2.83 to 4.93 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 2.14, Les Eaux Minerales d'Oulmes 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.14, based on 86 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. Les Eaux Minerales d'Oulmes's current Cyclically Adjusted PB Ratio of 2.83 is 32.6% 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 Les Eaux Minerales d'Oulmes and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Les Eaux Minerales d'Oulmes's current Cyclically Adjusted PB Ratio is 2.83, which is 18% below median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Les Eaux Minerales d'Oulmes stock overvalued right now?
Based on GuruFocus' analysis, Les Eaux Minerales d'Oulmes (CAS:OUL) is currently considered Possible Value Trap. The stock's GF Value™ is MAD1,681.83, compared to a current price of MAD1,153.00 — trading 31.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 18% below median its 10-year median of 3.47 and 32.6% above the Beverages - Non-Alcoholic industry median of 2.14. Les Eaux Minerales d'Oulmes' overall GF Score™ is 29/100 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 Les Eaux Minerales d'Oulmes (CAS:OUL), the current Cyclically Adjusted PB Ratio is 2.83 as of Jul. 06, 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 Les Eaux Minerales d'Oulmes (CAS:OUL) Overvalued in 2026?

Based on GuruFocus' analysis, Les Eaux Minerales d'Oulmes stock appears to be undervalued. The current stock price of MAD1,153.00 is trading 31.4% below its estimated GF Value™ of MAD1,681.83. GuruFocus considers Les Eaux Minerales d'Oulmes to be Possible Value Trap.

Key valuation signals for CAS:OUL:

  • Cyclically Adjusted PB Ratio: 2.83 (18% below median its 10-year median of 3.47)
  • GF Value™: MAD1,681.83 vs. price of MAD1,153.00 (31.4% below fair value)
  • GF Score™: 29/100 with 5 warning signs
  • Industry Position: 32.6% above the Beverages - Non-Alcoholic median (#53 of 86)

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


Les Eaux Minerales d'Oulmes Business Description

Address Industrial zone of Bouskoura, Casablanca, MAR, 20180
Les Eaux Minerales d'Oulmes SA is engaged in production and distribution of mineral water. Its products include natural mineral water under the brands Sidi Ali and Ain Atlas; natural sparkling mineral water under the brands Oulmes and Oulmes fruity bubbles; and table water under the brand Bahia.
29GF Score

Get the complete analysis for CAS:OUL

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

MAD1,153.00
Price
MAD1,681.83
GF Value