Tamdeen Real Estate Co KSCC (KUW:TAM) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:TAM Tamdeen Real Estate Co KSCC KUW:TAM
47 GF Score
Price KWD0.40
GF Value KWD0.41
Valuation Fairly Valued
! 7 Warning Signs
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What is Tamdeen Real Estate Co KSCC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tamdeen Real Estate Co KSCC  (KUW:TAM) 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.


Tamdeen Real Estate Co KSCC Cyclically Adjusted PB Ratio Related Terms


Tamdeen Real Estate Co KSCC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tamdeen Real Estate Co KSCC'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.

Tamdeen Real Estate Co KSCC Cyclically Adjusted PB Ratio Chart

Tamdeen Real Estate Co KSCC 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 0.54 0.51 0.46 0.44 0.50

Tamdeen Real Estate Co KSCC 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 0.42 0.46 0.51 0.47 0.43

KUW:TAM vs JOE: Cyclically Adjusted PB Ratio Comparison

For the Real Estate - Diversified subindustry, Tamdeen Real Estate Co KSCC'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.


Tamdeen Real Estate Co KSCC Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


KUW:TAM
47GF Score
Tamdeen Real Estate Co KSCC KUW:TAM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamdeen Real Estate Co KSCC 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.

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

For example, Tamdeen Real Estate Co KSCC'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)
=1.209/333.9520*333.9520
=1.209

Current CPI (Jun. 2026) = 333.9520.

Tamdeen Real Estate Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.483 241.428 0.668
201612 0.504 241.432 0.697
201703 0.593 243.801 0.812
201706 0.563 244.955 0.768
201709 0.574 246.819 0.777
201712 0.548 246.524 0.742
201803 0.600 249.554 0.803
201806 0.540 251.989 0.716
201809 0.584 252.439 0.773
201812 0.584 251.233 0.776
201903 0.701 254.202 0.921
201906 0.716 256.143 0.934
201909 0.724 256.759 0.942
201912 0.821 256.974 1.067
202003 0.689 258.115 0.891
202006 0.591 257.797 0.766
202009 0.672 260.280 0.862
202012 0.649 260.474 0.832
202103 0.641 264.877 0.808
202106 0.715 271.696 0.879
202109 0.810 274.310 0.986
202112 0.811 278.802 0.971
202203 0.914 287.504 1.062
202206 0.864 296.311 0.974
202209 0.909 296.808 1.023
202212 0.935 296.797 1.052
202303 0.928 301.836 1.027
202306 0.937 305.109 1.026
202309 0.946 307.789 1.026
202312 0.941 306.746 1.024
202403 0.995 312.332 1.064
202406 0.969 314.175 1.030
202409 0.977 315.301 1.035
202412 1.008 315.605 1.067
202503 1.048 319.799 1.094
202506 1.078 322.561 1.116
202509 1.097 324.800 1.128
202512 1.147 324.054 1.182
202603 1.194 330.213 1.208
202606 1.209 333.952 1.209

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.

Is Tamdeen Real Estate Co KSCC (KUW:TAM) Overvalued in 2026?

Based on GuruFocus' analysis, Tamdeen Real Estate Co KSCC stock appears to be undervalued. The current stock price of KWD0.40 is trading 2.2% below its estimated GF Value™ of KWD0.41. GuruFocus considers Tamdeen Real Estate Co KSCC to be Fairly Valued.

Key valuation signals for KUW:TAM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: KWD0.41 vs. price of KWD0.40 (2.2% below fair value)
  • GF Score™: 47/100 with 7 warning signs

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


Tamdeen Real Estate Co KSCC Business Description

Address Mall 201 - Sixth Ring Road, P.O. Box 21816, 4th Floor, Block 7, South Surra, Zahraa Area, Kuwait, KWT, 13079
Tamdeen Real Estate Co KSCC operates as a real estate investment and development company. The business activity of the company includes the development of real estate projects and construction contracts of buildings, managing the properties of others. In addition, the group is also involved in providing consultation services on asset utilization for individual clients, as well as consultation and advisory services on mergers and acquisitions, and business succession for corporate clients; investment and portfolio management services; and research and analysis services. The company operates in two reportable segments: real estate and investment. It generates maximum revenue from the Investment segment.
47GF Score

Get the complete analysis for KUW:TAM

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

KWD0.40
Price
KWD0.41
GF Value