Mazaya Real Estate Development Co (DSMD:MRDS) Cyclically Adjusted PB Ratio: 0.38 (As of Sep. 07, 2026) — 30% Below Median

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DSMD:MRDS Mazaya Real Estate Development Co DSMD:MRDS
78 GF Score
Price ر.ق0.55
GF Value ر.ق1.25
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mazaya Real Estate Development Co Cyclically Adjusted PB Ratio?

Mazaya Real Estate Development Co DSMD:MRDS 78 Cyclically Adjusted PB Ratio is 0.38 as of Sep. 07, 2026, which is 30% below its 10-year median of 0.54. GuruFocus rates DSMD:MRDS with a GF Score™ of 78/100 and a GF Value™ of ر.ق1.25 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,305 Real Estate companies, Mazaya Real Estate Development Co ranks better than 68.05% on this metric.

As of today (2026-09-07), Mazaya Real Estate Development Co's current share price is ر.ق0.551. Mazaya Real Estate Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ق1.45. Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio for today is 0.38.

The historical rank and industry rank for Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

DSMD:MRDS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.54   Max: 1.1
Current: 0.38

During the past years, Mazaya Real Estate Development Co's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.37. And the median was 0.54.

DSMD:MRDS's Cyclically Adjusted PB Ratio is ranked better than
68.05% of 1305 companies
in the Real Estate industry
Industry Median: 0.67 vs DSMD:MRDS: 0.38

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.

Mazaya Real Estate Development Co's adjusted book value per share data for the three months ended in Jun. 2026 was ر.ق1.044. 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.ق1.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mazaya Real Estate Development Co  (DSMD:MRDS) 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.


Mazaya Real Estate Development Co Cyclically Adjusted PB Ratio Related Terms


Mazaya Real Estate Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mazaya Real Estate Development Co'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.

Mazaya Real Estate Development Co Cyclically Adjusted PB Ratio Chart

Mazaya Real Estate Development Co 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 0.73 0.53 0.47 0.39 0.39

Mazaya Real Estate Development Co 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 0.40 0.43 0.39 0.37 0.39

DSMD:MRDS vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Mazaya Real Estate Development Co'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.


Mazaya Real Estate Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio falls into.


DSMD:MRDS
78GF Score
Mazaya Real Estate Development Co DSMD:MRDS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mazaya Real Estate Development Co 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.

Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.551/1.45
=0.38

* 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.

Mazaya Real Estate Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mazaya Real Estate Development Co'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)
=1.044/333.9520*333.9520
=1.044

Current CPI (Jun. 2026) = 333.9520.

Mazaya Real Estate Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.455 241.428 2.013
201612 1.454 241.432 2.011
201703 1.459 243.801 1.998
201706 1.468 244.955 2.001
201709 1.472 246.819 1.992
201712 1.482 246.524 2.008
201803 1.475 249.554 1.974
201806 1.497 251.989 1.984
201809 1.503 252.439 1.988
201812 1.252 251.233 1.664
201903 1.485 254.202 1.951
201906 1.264 256.143 1.648
201909 1.269 256.759 1.651
201912 1.226 256.974 1.593
202003 1.232 258.115 1.594
202006 1.223 257.797 1.584
202009 1.247 260.280 1.600
202012 1.266 260.474 1.623
202103 1.273 264.877 1.605
202106 1.237 271.696 1.520
202109 1.247 274.310 1.518
202112 0.983 278.802 1.177
202203 0.995 287.504 1.156
202206 1.004 296.311 1.132
202209 1.016 296.808 1.143
202212 1.023 296.797 1.151
202303 1.034 301.836 1.144
202306 1.038 305.109 1.136
202309 1.045 307.789 1.134
202312 1.051 306.746 1.144
202403 1.034 312.332 1.106
202406 0.951 314.175 1.011
202409 0.955 315.301 1.011
202412 0.956 315.605 1.012
202503 0.983 319.799 1.027
202506 0.994 322.561 1.029
202509 1.005 324.800 1.033
202512 1.009 324.054 1.040
202603 1.017 330.213 1.029
202606 1.044 333.952 1.044

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 0.38 mean?
Mazaya Real Estate Development Co (DSMD:MRDS) has a Cyclically Adjusted PB Ratio of 0.38 as of Sep. 07, 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 Mazaya Real Estate Development Co and its competitors. This is 30% below median its historical median of 0.54. Over the past decade, Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.10. According to the industry distribution chart, Mazaya Real Estate Development Co ranks #417 out of 1305 companies in the Real Estate industry, placing it in the top 32%.
Is Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio too high?
Mazaya Real Estate Development Co's current Cyclically Adjusted PB Ratio of 0.38 is 30% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.10. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Mazaya Real Estate Development Co's value of 0.38 is 43.3% below this industry median. Based on the distribution chart, Mazaya Real Estate Development Co ranks #417 out of 1305 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mazaya Real Estate Development Co 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 Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mazaya Real Estate Development Co ranks #417 out of 1305 companies for Cyclically Adjusted PB Ratio. This puts Mazaya Real Estate Development Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Mazaya Real Estate Development Co's value of 0.38 is 43.3% below this benchmark. Historically, Mazaya Real Estate Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.10 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.67, Mazaya Real Estate Development Co 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 0.67, based on 1,305 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. Mazaya Real Estate Development Co's current Cyclically Adjusted PB Ratio of 0.38 is 43.3% 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 Mazaya Real Estate Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazaya Real Estate Development Co's current Cyclically Adjusted PB Ratio is 0.38, which is 30% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazaya Real Estate Development Co stock overvalued right now?
Based on GuruFocus' analysis, Mazaya Real Estate Development Co (DSMD:MRDS) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ق1.25, compared to a current price of ر.ق0.55 — trading 55.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 30% below median its 10-year median of 0.54 and 43.3% below the Real Estate industry median of 0.67. Mazaya Real Estate Development Co'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 Mazaya Real Estate Development Co (DSMD:MRDS), the current Cyclically Adjusted PB Ratio is 0.38 as of Sep. 07, 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 Mazaya Real Estate Development Co (DSMD:MRDS) Overvalued in 2026?

Based on GuruFocus' analysis, Mazaya Real Estate Development Co stock appears to be undervalued. The current stock price of ر.ق0.55 is trading 55.9% below its estimated GF Value™ of ر.ق1.25. GuruFocus considers Mazaya Real Estate Development Co to be Possible Value Trap.

Key valuation signals for DSMD:MRDS:

  • Cyclically Adjusted PB Ratio: 0.38 (30% below median its 10-year median of 0.54)
  • GF Value™: ر.ق1.25 vs. price of ر.ق0.55 (55.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 43.3% below the Real Estate median (#417 of 1305)

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


Mazaya Real Estate Development Co Business Description

Address Zone 60 - Street 810, Building 17, P.O. Box 18132, Tornado Tower, West Bay, Dafna, Doha, QAT
Mazaya Real Estate Development Co operates is engaged in developing and managing residential compounds, real estate investment, land development for resale, construction, project management, real estate marketing, property management, maintenance, and brokerage services. In addition, The company is also involved in the management of residential compounds.
78GF Score

Get the complete analysis for DSMD:MRDS

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

ر.ق0.55
Price
ر.ق1.25
GF Value