Alijarah Holding Co QSC (DSMD:NLCS) Cyclically Adjusted PB Ratio: 0.41 (As of Aug. 30, 2026) — Near Median

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DSMD:NLCS Alijarah Holding Co QSC DSMD:NLCS
30 GF Score
Price ر.ق0.74
GF Value ر.ق0.78
Valuation Fairly Valued
! 7 Warning Signs
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What is Alijarah Holding Co QSC Cyclically Adjusted PB Ratio?

Alijarah Holding Co QSC DSMD:NLCS +2.36% 30 Cyclically Adjusted PB Ratio is 0.41 as of Aug. 30, 2026, which is 5% above its 10-year median of 0.39. GuruFocus rates DSMD:NLCS with a GF Score™ of 30/100 and a GF Value™ of ر.ق0.78 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,301 Real Estate companies, Alijarah Holding Co QSC ranks better than 66.18% on this metric.

As of today (2026-08-30), Alijarah Holding Co QSC's current share price is ر.ق0.737. Alijarah Holding Co QSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ق1.78. Alijarah Holding Co QSC's Cyclically Adjusted PB Ratio for today is 0.41.

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

DSMD:NLCS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.39   Max: 0.6
Current: 0.41

During the past years, Alijarah Holding Co QSC's highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.29. And the median was 0.39.

DSMD:NLCS's Cyclically Adjusted PB Ratio is ranked better than
66.18% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs DSMD:NLCS: 0.41

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.

Alijarah Holding Co QSC's adjusted book value per share data for the three months ended in Jun. 2026 was ر.ق1.274. 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.ق1.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alijarah Holding Co QSC  (DSMD:NLCS) 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.


Alijarah Holding Co QSC Cyclically Adjusted PB Ratio Related Terms


Alijarah Holding Co QSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alijarah Holding Co QSC'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.

Alijarah Holding Co QSC Cyclically Adjusted PB Ratio Chart

Alijarah Holding Co QSC 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 0.42 0.32 0.35 0.40 0.38

Alijarah Holding Co QSC 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 0.39 0.39 0.38 0.35 0.37

Alijarah Holding Co QSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Alijarah Holding Co QSC'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.


Alijarah Holding Co QSC Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


DSMD:NLCS
30GF Score
Alijarah Holding Co QSC DSMD:NLCS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alijarah Holding Co QSC 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.

Alijarah Holding Co QSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.737/1.78
=0.41

* 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.

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

For example, Alijarah Holding Co QSC'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)
=1.274/333.9520*333.9520
=1.274

Current CPI (Jun. 2026) = 333.9520.

Alijarah Holding Co QSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.054 241.428 2.841
201612 1.518 241.432 2.100
201703 2.008 243.801 2.751
201706 1.985 244.955 2.706
201709 1.954 246.819 2.644
201712 1.488 246.524 2.016
201803 1.950 249.554 2.609
201806 1.961 251.989 2.599
201809 1.962 252.439 2.596
201812 1.444 251.233 1.919
201903 1.404 254.202 1.844
201906 1.402 256.143 1.828
201909 1.419 256.759 1.846
201912 1.442 256.974 1.874
202003 1.380 258.115 1.785
202006 1.404 257.797 1.819
202009 1.406 260.280 1.804
202012 1.413 260.474 1.812
202103 1.374 264.877 1.732
202106 1.370 271.696 1.684
202109 1.370 274.310 1.668
202112 1.354 278.802 1.622
202203 1.354 287.504 1.573
202206 1.326 296.311 1.494
202209 1.355 296.808 1.525
202212 1.318 296.797 1.483
202303 1.281 301.836 1.417
202306 1.280 305.109 1.401
202309 1.282 307.789 1.391
202312 1.287 306.746 1.401
202403 1.264 312.332 1.351
202406 1.288 314.175 1.369
202409 1.308 315.301 1.385
202412 1.306 315.605 1.382
202503 1.292 319.799 1.349
202506 1.296 322.561 1.342
202509 1.308 324.800 1.345
202512 1.314 324.054 1.354
202603 1.248 330.213 1.262
202606 1.274 333.952 1.274

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 0.41 mean?
Alijarah Holding Co QSC (DSMD:NLCS) has a Cyclically Adjusted PB Ratio of 0.41 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 Alijarah Holding Co QSC and its competitors. This is near median its historical median of 0.39. Over the past decade, Alijarah Holding Co QSC's Cyclically Adjusted PB Ratio has ranged from 0.29 to 0.60. According to the industry distribution chart, Alijarah Holding Co QSC ranks #440 out of 1301 companies in the Real Estate industry, placing it in the top 33.8%.
Is Alijarah Holding Co QSC's Cyclically Adjusted PB Ratio too high?
Alijarah Holding Co QSC's current Cyclically Adjusted PB Ratio of 0.41 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.60. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Alijarah Holding Co QSC's value of 0.41 is 38.8% below this industry median. Based on the distribution chart, Alijarah Holding Co QSC ranks #440 out of 1301 companies in the Real Estate industry, which is above the industry midpoint. Overall, Alijarah Holding Co QSC has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alijarah Holding Co QSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Alijarah Holding Co QSC ranks #440 out of 1301 companies for Cyclically Adjusted PB Ratio. This puts Alijarah Holding Co QSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Alijarah Holding Co QSC's value of 0.41 is 38.8% below this benchmark. Historically, Alijarah Holding Co QSC's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 0.60 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.67, Alijarah Holding Co QSC 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 1,301 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. Alijarah Holding Co QSC's current Cyclically Adjusted PB Ratio of 0.41 is 38.8% 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 Alijarah Holding Co QSC 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. Alijarah Holding Co QSC's current Cyclically Adjusted PB Ratio is 0.41, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alijarah Holding Co QSC stock overvalued right now?
Based on GuruFocus' analysis, Alijarah Holding Co QSC (DSMD:NLCS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ق0.78, compared to a current price of ر.ق0.74 — trading 5.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is near median its 10-year median of 0.39 and 38.8% below the Real Estate industry median of 0.67. Alijarah Holding Co QSC's overall GF Score™ is 30/100 with 7 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 Alijarah Holding Co QSC (DSMD:NLCS), the current Cyclically Adjusted PB Ratio is 0.41 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 Alijarah Holding Co QSC (DSMD:NLCS) Overvalued in 2026?

Based on GuruFocus' analysis, Alijarah Holding Co QSC stock appears to be undervalued. The current stock price of ر.ق0.74 is trading 5.5% below its estimated GF Value™ of ر.ق0.78. GuruFocus considers Alijarah Holding Co QSC to be Fairly Valued.

Key valuation signals for DSMD:NLCS:

  • Cyclically Adjusted PB Ratio: 0.41 (near median its 10-year median of 0.39)
  • GF Value™: ر.ق0.78 vs. price of ر.ق0.74 (5.5% below fair value)
  • GF Score™: 30/100 with 7 warning signs
  • Industry Position: 38.8% below the Real Estate median (#440 of 1301)

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


Alijarah Holding Co QSC Business Description

Address Al Hilal, D-ring Road, Street :250, Zone : 42, Building No. 86, Doha, QAT
Alijarah Holding Co QSC is an Investment holding company. The company's segments include Financial Leasing, Transportation; Property Development, and Driving School. It generates maximum revenue from the Driving School segment. The company operates in Qatar.
30GF Score

Get the complete analysis for DSMD:NLCS

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

ر.ق0.74
Price
ر.ق0.78
GF Value