Inma Holding Co QPSC (DSMD:IHGS) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 30, 2026) — 45% Below Median

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DSMD:IHGS Inma Holding Co QPSC DSMD:IHGS
78 GF Score
Price ر.ق2.65
GF Value ر.ق3.78
Valuation Possible Value Trap
! 6 Warning Signs
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What is Inma Holding Co QPSC Cyclically Adjusted PB Ratio?

Inma Holding Co QPSC DSMD:IHGS -0.04% 78 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 30, 2026, which is 45% below its 10-year median of 1.54. GuruFocus rates DSMD:IHGS with a GF Score™ of 78/100 and a GF Value™ of ر.ق3.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 432 Capital Markets companies, Inma Holding Co QPSC ranks better than 68.06% on this metric.

As of today (2026-08-30), Inma Holding Co QPSC's current share price is ر.ق2.649. Inma Holding Co QPSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ق3.12. Inma Holding Co QPSC's Cyclically Adjusted PB Ratio for today is 0.85.

The historical rank and industry rank for Inma Holding Co QPSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

DSMD:IHGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.54   Max: 2.69
Current: 0.85

During the past years, Inma Holding Co QPSC's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 0.84. And the median was 1.54.

DSMD:IHGS's Cyclically Adjusted PB Ratio is ranked better than
68.06% of 432 companies
in the Capital Markets industry
Industry Median: 1.48 vs DSMD:IHGS: 0.85

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.

Inma Holding Co QPSC's adjusted book value per share data for the three months ended in Jun. 2026 was ر.ق2.949. 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 ر.ق3.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inma Holding Co QPSC  (DSMD:IHGS) 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.


Inma Holding Co QPSC Cyclically Adjusted PB Ratio Related Terms


Inma Holding Co QPSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Inma Holding Co QPSC'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.

Inma Holding Co QPSC Cyclically Adjusted PB Ratio Chart

Inma Holding Co QPSC 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 1.71 1.65 1.55 1.32 1.04

Inma Holding Co QPSC 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 1.13 1.09 1.04 0.83 0.94

DSMD:IHGS vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Inma Holding Co QPSC'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.


Inma Holding Co QPSC Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Inma Holding Co QPSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Inma Holding Co QPSC's Cyclically Adjusted PB Ratio falls into.


DSMD:IHGS
78GF Score
Inma Holding Co QPSC DSMD:IHGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inma Holding Co QPSC 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.

Inma Holding Co QPSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.649/3.12
=0.85

* 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.

Inma Holding Co QPSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Inma Holding Co QPSC'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)
=2.949/333.9520*333.9520
=2.949

Current CPI (Jun. 2026) = 333.9520.

Inma Holding Co QPSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.471 241.428 3.418
201612 2.521 241.432 3.487
201703 2.443 243.801 3.346
201706 2.426 244.955 3.307
201709 2.410 246.819 3.261
201712 2.402 246.524 3.254
201803 2.400 249.554 3.212
201806 2.398 251.989 3.178
201809 2.397 252.439 3.171
201812 2.416 251.233 3.211
201903 2.414 254.202 3.171
201906 2.413 256.143 3.146
201909 2.409 256.759 3.133
201912 2.418 256.974 3.142
202003 2.423 258.115 3.135
202006 2.462 257.797 3.189
202009 2.501 260.280 3.209
202012 2.520 260.474 3.231
202103 2.492 264.877 3.142
202106 2.529 271.696 3.108
202109 2.546 274.310 3.100
202112 2.570 278.802 3.078
202203 2.633 287.504 3.058
202206 2.648 296.311 2.984
202209 2.686 296.808 3.022
202212 2.673 296.797 3.008
202303 2.618 301.836 2.897
202306 2.659 305.109 2.910
202309 2.692 307.789 2.921
202312 2.788 306.746 3.035
202403 2.805 312.332 2.999
202406 2.879 314.175 3.060
202409 2.978 315.301 3.154
202412 2.964 315.605 3.136
202503 2.894 319.799 3.022
202506 2.952 322.561 3.056
202509 2.982 324.800 3.066
202512 2.968 324.054 3.059
202603 2.967 330.213 3.001
202606 2.949 333.952 2.949

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 0.85 mean?
Inma Holding Co QPSC (DSMD:IHGS) has a Cyclically Adjusted PB Ratio of 0.85 as of Aug. 30, 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 Inma Holding Co QPSC and its competitors. This is 45% below median its historical median of 1.54. Over the past decade, Inma Holding Co QPSC's Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.69. According to the industry distribution chart, Inma Holding Co QPSC ranks #138 out of 432 companies in the Capital Markets industry, placing it in the top 31.9%.
Is Inma Holding Co QPSC's Cyclically Adjusted PB Ratio too high?
Inma Holding Co QPSC's current Cyclically Adjusted PB Ratio of 0.85 is 45% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.69. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.48. Inma Holding Co QPSC's value of 0.85 is 42.6% below this industry median. Based on the distribution chart, Inma Holding Co QPSC ranks #138 out of 432 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Inma Holding Co QPSC has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inma Holding Co QPSC's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Inma Holding Co QPSC ranks #138 out of 432 companies for Cyclically Adjusted PB Ratio. This puts Inma Holding Co QPSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.48. Inma Holding Co QPSC's value of 0.85 is 42.6% below this benchmark. Historically, Inma Holding Co QPSC's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.69 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.48, Inma Holding Co QPSC 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.48, based on 432 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. Inma Holding Co QPSC's current Cyclically Adjusted PB Ratio of 0.85 is 42.6% 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 Inma Holding Co QPSC and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inma Holding Co QPSC's current Cyclically Adjusted PB Ratio is 0.85, which is 45% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inma Holding Co QPSC stock overvalued right now?
Based on GuruFocus' analysis, Inma Holding Co QPSC (DSMD:IHGS) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ق3.78, compared to a current price of ر.ق2.65 — trading 29.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is 45% below median its 10-year median of 1.54 and 42.6% below the Capital Markets industry median of 1.48. Inma Holding Co QPSC's overall GF Score™ is 78/100 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 Inma Holding Co QPSC (DSMD:IHGS), the current Cyclically Adjusted PB Ratio is 0.85 as of Aug. 30, 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 Inma Holding Co QPSC (DSMD:IHGS) Overvalued in 2026?

Based on GuruFocus' analysis, Inma Holding Co QPSC stock appears to be undervalued. The current stock price of ر.ق2.65 is trading 29.9% below its estimated GF Value™ of ر.ق3.78. GuruFocus considers Inma Holding Co QPSC to be Possible Value Trap.

Key valuation signals for DSMD:IHGS:

  • Cyclically Adjusted PB Ratio: 0.85 (45% below median its 10-year median of 1.54)
  • GF Value™: ر.ق3.78 vs. price of ر.ق2.65 (29.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 42.6% below the Capital Markets median (#138 of 432)

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


Inma Holding Co QPSC Business Description

Address Al Kharaba South-Street, Building No 48, Q03 Building, First Floor, Office No: 10, P.O. Box 12402, Msheireb Downtown-Area No:03, Doha, QAT
Inma Holding Co QPSC is an investment holding company. The company operates through its wholly-owned subsidiary in the financial services and real estate sectors in accordance with the provisions of the Islamic Shariah. It is engaged in investing in shares, bonds, and brokerage services. The group operates in the segment of Brokerage: includes financial Brokerage services provided to customers, Real Estate: includes providing property management, marketing, and sales services for real estate, and Others: represents the Holding Group, which provides corporate services to the subsidiaries in the Group. It generates the majority of its revenue from the Brokerage segment.
78GF Score

Get the complete analysis for DSMD:IHGS

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

ر.ق2.65
Price
ر.ق3.78
GF Value