Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 22, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:ARABREC Al-Arabiya Real Estate Co KSC KUW:ARABREC
4 GF Score
Price KWD0.16
GF Value KWD0.07
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Al-Arabiya Real Estate Co KSC Cyclically Adjusted PB Ratio?

Al-Arabiya Real Estate Co KSC KUW:ARABREC -3.03% 4 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 22, 2026, which is 7% below its 10-year median of 1.15. GuruFocus rates KUW:ARABREC with a GF Score™ of 4/100 and a GF Value™ of KWD0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,371 Real Estate companies, Al-Arabiya Real Estate Co KSC ranks worse than 68.27% on this metric.

As of today (2026-08-22), Al-Arabiya Real Estate Co KSC's current share price is KWD0.16. Al-Arabiya Real Estate Co KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.15. Al-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio for today is 1.07.

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

KUW:ARABREC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 1.15   Max: 1.86
Current: 1.07

During the past years, Al-Arabiya Real Estate Co KSC's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.11. And the median was 1.15.

KUW:ARABREC's Cyclically Adjusted PB Ratio is ranked worse than
68.27% of 1371 companies
in the Real Estate industry
Industry Median: 0.68 vs KUW:ARABREC: 1.07

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-Arabiya Real Estate Co KSC's adjusted book value per share data for the three months ended in Jun. 2026 was KWD0.113. 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 KWD0.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Arabiya Real Estate Co KSC  (KUW:ARABREC) 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-Arabiya Real Estate Co KSC Cyclically Adjusted PB Ratio Related Terms


Al-Arabiya Real Estate Co KSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al-Arabiya Real Estate Co KSC'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-Arabiya Real Estate Co KSC Cyclically Adjusted PB Ratio Chart

Al-Arabiya Real Estate Co KSC 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 0.00 0.00 0.00 0.11 1.43

Al-Arabiya Real Estate Co KSC 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 0.38 1.68 1.43 1.38 1.34

KUW:ARABREC vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Al-Arabiya Real Estate Co KSC'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-Arabiya Real Estate Co KSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio falls into.


KUW:ARABREC
4GF Score
Al-Arabiya Real Estate Co KSC KUW:ARABREC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Arabiya Real Estate Co KSC 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-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.16/0.15
=1.07

* 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-Arabiya Real Estate Co KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Al-Arabiya Real Estate Co KSC'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)
=0.113/333.9520*333.9520
=0.113

Current CPI (Jun. 2026) = 333.9520.

Al-Arabiya Real Estate Co KSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 0.162 241.432 0.224
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.154 246.819 0.208
201712 0.151 246.524 0.205
201803 0.150 249.554 0.201
201806 0.147 251.989 0.195
201809 0.148 252.439 0.196
201812 0.147 251.233 0.195
201903 0.151 254.202 0.198
201906 0.147 256.143 0.192
201909 0.144 256.759 0.187
201912 0.152 256.974 0.198
202003 0.144 258.115 0.186
202006 0.131 257.797 0.170
202009 0.129 260.280 0.166
202012 0.116 260.474 0.149
202103 0.136 264.877 0.171
202106 0.136 271.696 0.167
202109 0.135 274.310 0.164
202112 0.091 278.802 0.109
202203 0.112 287.504 0.130
202206 0.110 296.311 0.124
202209 0.109 296.808 0.123
202212 0.097 296.797 0.109
202303 0.097 301.836 0.107
202306 0.099 305.109 0.108
202309 0.097 307.789 0.105
202312 0.098 306.746 0.107
202403 0.097 312.332 0.104
202406 0.101 314.175 0.107
202409 0.103 315.301 0.109
202412 0.104 315.605 0.110
202503 0.107 319.799 0.112
202506 0.110 322.561 0.114
202509 0.111 324.800 0.114
202512 0.114 324.054 0.117
202603 0.114 330.213 0.115
202606 0.113 333.952 0.113

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 1.07 mean?
Al-Arabiya Real Estate Co KSC (KUW:ARABREC) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 22, 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-Arabiya Real Estate Co KSC and its competitors. This is near median its historical median of 1.15. Over the past decade, Al-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.86. According to the industry distribution chart, Al-Arabiya Real Estate Co KSC ranks #936 out of 1371 companies in the Real Estate industry, placing it in the top 68.3%.
Is Al-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio too high?
Al-Arabiya Real Estate Co KSC's current Cyclically Adjusted PB Ratio of 1.07 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.86. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Al-Arabiya Real Estate Co KSC's value of 1.07 is 57.4% above this industry median. Based on the distribution chart, Al-Arabiya Real Estate Co KSC ranks #936 out of 1371 companies in the Real Estate industry, which is below the industry midpoint. Overall, Al-Arabiya Real Estate Co KSC has a GF Score™ of 4/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al-Arabiya Real Estate Co KSC's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Al-Arabiya Real Estate Co KSC ranks #936 out of 1371 companies for Cyclically Adjusted PB Ratio. This places Al-Arabiya Real Estate Co KSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Al-Arabiya Real Estate Co KSC's value of 1.07 is 57.4% above this benchmark. Historically, Al-Arabiya Real Estate Co KSC's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.86 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.68, Al-Arabiya Real Estate Co KSC has consistently been above 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 0.68, based on 1,371 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-Arabiya Real Estate Co KSC's current Cyclically Adjusted PB Ratio of 1.07 is 57.4% above 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-Arabiya Real Estate Co KSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Arabiya Real Estate Co KSC's current Cyclically Adjusted PB Ratio is 1.07, which is near median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Arabiya Real Estate Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Al-Arabiya Real Estate Co KSC (KUW:ARABREC) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.07, compared to a current price of KWD0.16 — trading 128.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is near median its 10-year median of 1.15 and 57.4% above the Real Estate industry median of 0.68. Al-Arabiya Real Estate Co KSC's overall GF Score™ is 4/100 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-Arabiya Real Estate Co KSC (KUW:ARABREC), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 22, 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 Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Overvalued in 2026?

Based on GuruFocus' analysis, Al-Arabiya Real Estate Co KSC stock appears to be overvalued. The current stock price of KWD0.16 is trading 128.6% above its estimated GF Value™ of KWD0.07. GuruFocus considers Al-Arabiya Real Estate Co KSC to be Significantly Overvalued.

Key valuation signals for KUW:ARABREC:

  • Cyclically Adjusted PB Ratio: 1.07 (near median its 10-year median of 1.15)
  • GF Value™: KWD0.07 vs. price of KWD0.16 (128.6% above fair value)
  • GF Score™: 4/100 with 6 warning signs
  • Industry Position: 57.4% above the Real Estate median (#936 of 1371)

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


Al-Arabiya Real Estate Co KSC Business Description

Address Ahmad Al-Jaber Street, 7th Floor, Emad Commercial Center, PO Box 26980, Sharq, Safat, Kuwait City, KWT, 13130
Al-Arabiya Real Estate Co KSC is a Kuwait based company involved in the construction, contracting, developing and managing the activities of residential buildings, hotels, and commercial centres within the private and public sector. It operates in three segments. Real estate segment involves activities related to real estate investment properties. Hotels segment, which is the key revenue generator, involves establishment, acquiring and managing hotels. Investment segment involves investing in shares and share capital of the companies. Geographically, it generates revenue from Kuwait being the highest revenue driver, United Arab Emirates, and Egypt.
4GF Score

Get the complete analysis for KUW:ARABREC

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

KWD0.16
Price
KWD0.07
GF Value