Al-Mazaya Holding Co K.S.C.P (DFM:MAZAYA) Cyclically Adjusted PB Ratio: 0.56 (As of Aug. 15, 2026) — 37% Above Median

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DFM:MAZAYA Al-Mazaya Holding Co K.S.C.P DFM:MAZAYA
28 GF Score
Price د.إ0.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Al-Mazaya Holding Co K.S.C.P Cyclically Adjusted PB Ratio?

Al-Mazaya Holding Co K.S.C.P DFM:MAZAYA 28 Cyclically Adjusted PB Ratio is 0.56 as of Aug. 15, 2026, which is 37% above its 10-year median of 0.41. GuruFocus rates DFM:MAZAYA with a GF Score™ of 28/100 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,401 Real Estate companies, Al-Mazaya Holding Co K.S.C.P ranks better than 59.1% on this metric.

As of today (2026-08-15), Al-Mazaya Holding Co K.S.C.P's current share price is د.إ0.85. Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was د.إ1.51. Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio or its related term are showing as below:

DFM:MAZAYA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.41   Max: 0.57
Current: 0.54

During the past years, Al-Mazaya Holding Co K.S.C.P's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.18. And the median was 0.41.

DFM:MAZAYA's Cyclically Adjusted PB Ratio is ranked better than
59.1% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs DFM:MAZAYA: 0.54

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.

Al-Mazaya Holding Co K.S.C.P's adjusted book value per share data for the three months ended in Jun. 2026 was د.إ1.037. 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 د.إ1.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Mazaya Holding Co K.S.C.P  (DFM:MAZAYA) 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.


Al-Mazaya Holding Co K.S.C.P Cyclically Adjusted PB Ratio Related Terms


Al-Mazaya Holding Co K.S.C.P Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al-Mazaya Holding Co K.S.C.P'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.

Al-Mazaya Holding Co K.S.C.P Cyclically Adjusted PB Ratio Chart

Al-Mazaya Holding Co K.S.C.P 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 0.22 0.27 0.44 0.46 0.49

Al-Mazaya Holding Co K.S.C.P Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.46 0.49 0.49 0.47 0.55

DFM:MAZAYA vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Al-Mazaya Holding Co K.S.C.P'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.


Al-Mazaya Holding Co K.S.C.P Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio falls into.


DFM:MAZAYA
28GF Score
Al-Mazaya Holding Co K.S.C.P DFM:MAZAYA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Mazaya Holding Co K.S.C.P 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.

Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.85/1.51
=0.56

* 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.

Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Al-Mazaya Holding Co K.S.C.P's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.037/333.9520*333.9520
=1.037

Current CPI (Jun. 2026) = 333.9520.

Al-Mazaya Holding Co K.S.C.P Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.138 241.428 2.957
201612 2.115 241.432 2.925
201703 2.064 243.801 2.827
201706 2.085 244.955 2.843
201709 2.109 246.819 2.854
201712 2.082 246.524 2.820
201803 1.910 249.554 2.556
201806 1.901 251.989 2.519
201809 1.868 252.439 2.471
201812 1.772 251.233 2.355
201903 1.792 254.202 2.354
201906 1.763 256.143 2.299
201909 1.665 256.759 2.166
201912 1.545 256.974 2.008
202003 1.466 258.115 1.897
202006 1.424 257.797 1.845
202009 1.389 260.280 1.782
202012 1.294 260.474 1.659
202103 1.272 264.877 1.604
202106 1.151 271.696 1.415
202109 1.145 274.310 1.394
202112 1.093 278.802 1.309
202203 0.985 287.504 1.144
202206 0.998 296.311 1.125
202209 1.105 296.808 1.243
202212 0.921 296.797 1.036
202303 0.871 301.836 0.964
202306 0.835 305.109 0.914
202309 0.863 307.789 0.936
202312 0.979 306.746 1.066
202403 1.127 312.332 1.205
202406 1.086 314.175 1.154
202409 1.086 315.301 1.150
202412 1.061 315.605 1.123
202503 1.075 319.799 1.123
202506 1.053 322.561 1.090
202509 1.060 324.800 1.090
202512 1.062 324.054 1.094
202603 1.079 330.213 1.091
202606 1.037 333.952 1.037

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 0.56 mean?
Al-Mazaya Holding Co K.S.C.P (DFM:MAZAYA) has a Cyclically Adjusted PB Ratio of 0.56 as of Aug. 15, 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 Al-Mazaya Holding Co K.S.C.P and its competitors. This is 37% above median its historical median of 0.41. Over the past decade, Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.57. According to the industry distribution chart, Al-Mazaya Holding Co K.S.C.P ranks #573 out of 1401 companies in the Real Estate industry, placing it in the top 40.9%.
Is Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio too high?
Al-Mazaya Holding Co K.S.C.P's current Cyclically Adjusted PB Ratio of 0.56 is 37% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.57. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Al-Mazaya Holding Co K.S.C.P's value of 0.56 is 18.8% below this industry median. Based on the distribution chart, Al-Mazaya Holding Co K.S.C.P ranks #573 out of 1401 companies in the Real Estate industry, which is above the industry midpoint. Overall, Al-Mazaya Holding Co K.S.C.P has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al-Mazaya Holding Co K.S.C.P's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Al-Mazaya Holding Co K.S.C.P ranks #573 out of 1401 companies for Cyclically Adjusted PB Ratio. This puts Al-Mazaya Holding Co K.S.C.P in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Al-Mazaya Holding Co K.S.C.P's value of 0.56 is 18.8% below this benchmark. Historically, Al-Mazaya Holding Co K.S.C.P's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.57 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.69, Al-Mazaya Holding Co K.S.C.P has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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. Al-Mazaya Holding Co K.S.C.P's current Cyclically Adjusted PB Ratio of 0.56 is 18.8% below 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 Al-Mazaya Holding Co K.S.C.P and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Mazaya Holding Co K.S.C.P's current Cyclically Adjusted PB Ratio is 0.56, which is 37% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Mazaya Holding Co K.S.C.P stock overvalued right now?
Based on GuruFocus' analysis, Al-Mazaya Holding Co K.S.C.P (DFM:MAZAYA) is currently considered Modestly Overvalued. The current Cyclically Adjusted PB Ratio is 0.56, which is 37% above median its 10-year median of 0.41 and 18.8% below the Real Estate industry median of 0.69. Al-Mazaya Holding Co K.S.C.P's overall GF Score™ is 28/100 with 6 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 Al-Mazaya Holding Co K.S.C.P (DFM:MAZAYA), the current Cyclically Adjusted PB Ratio is 0.56 as of Aug. 15, 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.

Al-Mazaya Holding Co K.S.C.P Business Description

Other Exchanges MAZAYA:Kuwait
Address Al-Mazaya Tower 01, P.O. Box 3546, 1 - 23th Floor, Al Murqab, Safat, Kuwait, KWT, 13036
Al-Mazaya Holding Co K.S.C.P is engaged in real estate development and investment activities. It provides real estate products and services in several fields, including housing projects, such as deluxe villas and high-class residential buildings, and commercial projects, such as office and retail buildings. The company is also engaged in other real estate fields to include purchasing, ownership, and selling of lands and their development for the account of the company inside and outside of Kuwait. Its geographical segments include Kuwait; United Arab Emirates (UAE); Kingdom of Saudi Arabia (KSA), Turkey and other countries. The company derives a majority of revenue from the United Arab Emirates.
28GF Score

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

د.إ0.85
Price