Qatar Industrial Manufacturing Co (QSC) (DSMD:QIMD) Cyclically Adjusted PB Ratio: 0.48 (As of Sep. 04, 2026) — 38% Below Median

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DSMD:QIMD Qatar Industrial Manufacturing Co (QSC) DSMD:QIMD
71 GF Score
Price ر.ق2.05
GF Value ر.ق2.49
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Qatar Industrial Manufacturing Co (QSC) Cyclically Adjusted PB Ratio?

Qatar Industrial Manufacturing Co (QSC) DSMD:QIMD +1.42% 71 Cyclically Adjusted PB Ratio is 0.48 as of Sep. 04, 2026, which is 38% below its 10-year median of 0.77. GuruFocus rates DSMD:QIMD with a GF Score™ of 71/100 and a GF Value™ of ر.ق2.49 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 423 Conglomerates companies, Qatar Industrial Manufacturing Co (QSC) ranks better than 73.76% on this metric.

As of today (2026-09-04), Qatar Industrial Manufacturing Co (QSC)'s current share price is ر.ق2.054. Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ق4.27. Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio for today is 0.48.

The historical rank and industry rank for Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

DSMD:QIMD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.77   Max: 1.13
Current: 0.49

During the past years, Qatar Industrial Manufacturing Co (QSC)'s highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.47. And the median was 0.77.

DSMD:QIMD's Cyclically Adjusted PB Ratio is ranked better than
73.76% of 423 companies
in the Conglomerates industry
Industry Median: 1.03 vs DSMD:QIMD: 0.49

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.

Qatar Industrial Manufacturing Co (QSC)'s adjusted book value per share data for the three months ended in Jun. 2026 was ر.ق4.178. 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.ق4.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qatar Industrial Manufacturing Co (QSC)  (DSMD:QIMD) 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.


Qatar Industrial Manufacturing Co (QSC) Cyclically Adjusted PB Ratio Related Terms


Qatar Industrial Manufacturing Co (QSC) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qatar Industrial Manufacturing 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.

Qatar Industrial Manufacturing Co (QSC) Cyclically Adjusted PB Ratio Chart

Qatar Industrial Manufacturing 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 0.87 0.85 0.76 0.62 0.57

Qatar Industrial Manufacturing 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 0.61 0.60 0.57 0.50 0.48

DSMD:QIMD vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Qatar Industrial Manufacturing 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.


Qatar Industrial Manufacturing Co (QSC) Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio falls into.


DSMD:QIMD
71GF Score
Qatar Industrial Manufacturing Co (QSC) DSMD:QIMD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qatar Industrial Manufacturing 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.

Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.054/4.27
=0.48

* 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.

Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Qatar Industrial Manufacturing 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)
=4.178/333.9520*333.9520
=4.178

Current CPI (Jun. 2026) = 333.9520.

Qatar Industrial Manufacturing Co (QSC) Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.191 241.428 4.414
201612 3.271 241.432 4.524
201703 3.085 243.801 4.226
201706 3.155 244.955 4.301
201709 3.236 246.819 4.378
201712 3.315 246.524 4.491
201803 3.095 249.554 4.142
201806 3.217 251.989 4.263
201809 3.344 252.439 4.424
201812 3.427 251.233 4.555
201903 3.243 254.202 4.260
201906 3.322 256.143 4.331
201909 3.379 256.759 4.395
201912 3.373 256.974 4.383
202003 3.227 258.115 4.175
202006 3.284 257.797 4.254
202009 3.343 260.280 4.289
202012 3.368 260.474 4.318
202103 3.328 264.877 4.196
202106 3.402 271.696 4.182
202109 3.471 274.310 4.226
202112 3.574 278.802 4.281
202203 3.660 287.504 4.251
202206 3.645 296.311 4.108
202209 3.734 296.808 4.201
202212 3.715 296.797 4.180
202303 3.670 301.836 4.060
202306 3.798 305.109 4.157
202309 3.903 307.789 4.235
202312 3.912 306.746 4.259
202403 3.854 312.332 4.121
202406 3.943 314.175 4.191
202409 4.023 315.301 4.261
202412 4.101 315.605 4.339
202503 4.037 319.799 4.216
202506 4.109 322.561 4.254
202509 4.174 324.800 4.292
202512 4.249 324.054 4.379
202603 4.169 330.213 4.216
202606 4.178 333.952 4.178

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 0.48 mean?
Qatar Industrial Manufacturing Co (QSC) (DSMD:QIMD) has a Cyclically Adjusted PB Ratio of 0.48 as of Sep. 04, 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 Qatar Industrial Manufacturing Co (QSC) and its competitors. This is 38% below median its historical median of 0.77. Over the past decade, Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.13. According to the industry distribution chart, Qatar Industrial Manufacturing Co (QSC) ranks #111 out of 423 companies in the Conglomerates industry, placing it in the top 26.2%.
Is Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio too high?
Qatar Industrial Manufacturing Co (QSC)'s current Cyclically Adjusted PB Ratio of 0.48 is 38% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.13. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.03. Qatar Industrial Manufacturing Co (QSC)'s value of 0.48 is 53.4% below this industry median. Based on the distribution chart, Qatar Industrial Manufacturing Co (QSC) ranks #111 out of 423 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Qatar Industrial Manufacturing Co (QSC) has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qatar Industrial Manufacturing Co (QSC)'s Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Qatar Industrial Manufacturing Co (QSC) ranks #111 out of 423 companies for Cyclically Adjusted PB Ratio. This puts Qatar Industrial Manufacturing Co (QSC) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.03. Qatar Industrial Manufacturing Co (QSC)'s value of 0.48 is 53.4% below this benchmark. Historically, Qatar Industrial Manufacturing Co (QSC)'s own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.13 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.03, Qatar Industrial Manufacturing 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.03, based on 423 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. Qatar Industrial Manufacturing Co (QSC)'s current Cyclically Adjusted PB Ratio of 0.48 is 53.4% 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 Qatar Industrial Manufacturing Co (QSC) and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qatar Industrial Manufacturing Co (QSC)'s current Cyclically Adjusted PB Ratio is 0.48, which is 38% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qatar Industrial Manufacturing Co (QSC) stock overvalued right now?
Based on GuruFocus' analysis, Qatar Industrial Manufacturing Co (QSC) (DSMD:QIMD) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق2.49, compared to a current price of ر.ق2.05 — trading 17.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 38% below median its 10-year median of 0.77 and 53.4% below the Conglomerates industry median of 1.03. Qatar Industrial Manufacturing Co (QSC)'s overall GF Score™ is 71/100 with 9 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 Qatar Industrial Manufacturing Co (QSC) (DSMD:QIMD), the current Cyclically Adjusted PB Ratio is 0.48 as of Sep. 04, 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 Qatar Industrial Manufacturing Co (QSC) (DSMD:QIMD) Overvalued in 2026?

Based on GuruFocus' analysis, Qatar Industrial Manufacturing Co (QSC) stock appears to be undervalued. The current stock price of ر.ق2.05 is trading 17.5% below its estimated GF Value™ of ر.ق2.49. GuruFocus considers Qatar Industrial Manufacturing Co (QSC) to be Modestly Undervalued.

Key valuation signals for DSMD:QIMD:

  • Cyclically Adjusted PB Ratio: 0.48 (38% below median its 10-year median of 0.77)
  • GF Value™: ر.ق2.49 vs. price of ر.ق2.05 (17.5% below fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 53.4% below the Conglomerates median (#111 of 423)

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


Qatar Industrial Manufacturing Co (QSC) Business Description

Address P.O. Box 16875, Doha, QAT
Qatar Industrial Manufacturing Co (QSC) is a Qatar-based company engaged in industrial manufacturing and various types of industrial investments inside and outside the state of Qatar. The company has an equity interest in 20 operational projects in diverse industrial sectors including chemicals, petrochemicals, construction materials and food processing, while one more project is under commissioning.
71GF Score

Get the complete analysis for DSMD:QIMD

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

ر.ق2.05
Price
ر.ق2.49
GF Value