Al Fajar AL Alamia CoOG (MUS:AFAI) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
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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.

What is Al Fajar AL Alamia CoOG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Fajar AL Alamia CoOG  (MUS:AFAI) 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 Fajar AL Alamia CoOG Cyclically Adjusted PB Ratio Related Terms


Al Fajar AL Alamia CoOG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al Fajar AL Alamia CoOG'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 Fajar AL Alamia CoOG Cyclically Adjusted PB Ratio Chart

Al Fajar AL Alamia CoOG Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
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Al Fajar AL Alamia CoOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.00 0.00 0.00 0.00 0.00

MUS:AFAI vs SND: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Al Fajar AL Alamia CoOG'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 Fajar AL Alamia CoOG Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Al Fajar AL Alamia CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Fajar AL Alamia CoOG's Cyclically Adjusted PB Ratio falls into.



Al Fajar AL Alamia CoOG 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 Fajar AL Alamia CoOG's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun18 is calculated as:

For example, Al Fajar AL Alamia CoOG's adjusted Book Value per Share data for the fiscal year that ended in Jun18 was:

Adj_Book=Book Value per Share/CPI of Jun18 (Change)*Current CPI (Jun18)
=0.517/251.9890*251.9890
=0.517

Current CPI (Jun18) = 251.9890.

Al Fajar AL Alamia CoOG Annual Data

Book Value per Share CPI Adj_Book
200906 0.206 215.693 0.241
201006 0.269 217.965 0.311
201106 0.456 225.722 0.509
201206 0.434 229.478 0.477
201306 0.450 233.504 0.486
201406 0.475 238.343 0.502
201506 0.498 238.638 0.526
201606 0.519 241.018 0.543
201706 0.488 244.955 0.502
201806 0.517 251.989 0.517

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.


Al Fajar AL Alamia CoOG Business Description

Address Ghala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.