Al Suwadi Power CoOG (MUS:SUWP) Cyclically Adjusted PB Ratio: 1.16 (As of Sep. 04, 2026) — 127% Above Median

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MUS:SUWP Al Suwadi Power Co SAOG MUS:SUWP
57 GF Score
Price ر.ع0.20
GF Value ر.ع0.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Al Suwadi Power CoOG Cyclically Adjusted PB Ratio?

Al Suwadi Power CoOG MUS:SUWP 57 Cyclically Adjusted PB Ratio is 1.16 as of Sep. 04, 2026, which is 127% above its 10-year median of 0.51. GuruFocus rates MUS:SUWP with a GF Score™ of 57/100 and a GF Value™ of ر.ع0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 261 Utilities - Independent Power Producers companies, Al Suwadi Power CoOG ranks better than 52.87% on this metric.

As of today (2026-09-04), Al Suwadi Power CoOG's current share price is ر.ع0.197. Al Suwadi Power CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ع0.17. Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio for today is 1.16.

The historical rank and industry rank for Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio or its related term are showing as below:

MUS:SUWP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.51   Max: 1.29
Current: 1.05

During the past years, Al Suwadi Power CoOG's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.13. And the median was 0.51.

MUS:SUWP's Cyclically Adjusted PB Ratio is ranked better than
52.87% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19 vs MUS:SUWP: 1.05

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 Suwadi Power CoOG's adjusted book value per share data for the three months ended in Jun. 2026 was ر.ع0.179. 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.ع0.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Suwadi Power CoOG  (MUS:SUWP) 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 Suwadi Power CoOG Cyclically Adjusted PB Ratio Related Terms


Al Suwadi Power CoOG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al Suwadi Power 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 Suwadi Power CoOG Cyclically Adjusted PB Ratio Chart

Al Suwadi Power CoOG 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 0.14 0.41 0.97

Al Suwadi Power CoOG 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 0.44 0.84 0.97 1.09 1.09

MUS:SUWP vs CEG, VST, NRG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Al Suwadi Power 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 Suwadi Power CoOG Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio falls into.


MUS:SUWP
57GF Score
Al Suwadi Power Co SAOG MUS:SUWP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Suwadi Power 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 Suwadi Power CoOG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.197/0.17
=1.16

* 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 Suwadi Power CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Al Suwadi Power CoOG'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)
=0.179/333.9520*333.9520
=0.179

Current CPI (Jun. 2026) = 333.9520.

Al Suwadi Power CoOG Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.109 241.428 0.151
201612 0.110 241.432 0.152
201703 0.102 243.801 0.140
201706 0.110 244.955 0.150
201709 0.122 246.819 0.165
201712 0.115 246.524 0.156
201803 0.116 249.554 0.155
201806 0.123 251.989 0.163
201809 0.134 252.439 0.177
201812 0.122 251.233 0.162
201903 0.116 254.202 0.152
201906 0.120 256.143 0.156
201909 0.129 256.759 0.168
201912 0.123 256.974 0.160
202003 0.113 258.115 0.146
202006 0.121 257.797 0.157
202009 0.134 260.280 0.172
202012 0.128 260.474 0.164
202103 0.127 264.877 0.160
202106 0.137 271.696 0.168
202109 0.148 274.310 0.180
202112 0.143 278.802 0.171
202203 0.145 287.504 0.168
202206 0.155 296.311 0.175
202209 0.169 296.808 0.190
202212 0.163 296.797 0.183
202303 0.000 301.836 0.000
202306 0.173 305.109 0.189
202309 0.185 307.789 0.201
202312 0.183 306.746 0.199
202403 0.181 312.332 0.194
202406 0.189 314.175 0.201
202409 0.201 315.301 0.213
202412 0.189 315.605 0.200
202503 0.188 319.799 0.196
202506 0.199 322.561 0.206
202509 0.212 324.800 0.218
202512 0.205 324.054 0.211
202603 0.168 330.213 0.170
202606 0.179 333.952 0.179

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 1.16 mean?
Al Suwadi Power CoOG (MUS:SUWP) has a Cyclically Adjusted PB Ratio of 1.16 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 Al Suwadi Power CoOG and its competitors. This is 127% above median its historical median of 0.51. Over the past decade, Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.29. According to the industry distribution chart, Al Suwadi Power CoOG ranks #123 out of 261 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.1%.
Is Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio too high?
Al Suwadi Power CoOG's current Cyclically Adjusted PB Ratio of 1.16 is 127% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.29. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.19. Al Suwadi Power CoOG's value of 1.16 is 2.5% below this industry median. Based on the distribution chart, Al Suwadi Power CoOG ranks #123 out of 261 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Al Suwadi Power CoOG has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Suwadi Power CoOG's Cyclically Adjusted PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Al Suwadi Power CoOG ranks #123 out of 261 companies for Cyclically Adjusted PB Ratio. This puts Al Suwadi Power CoOG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Al Suwadi Power CoOG's value of 1.16 is 2.5% below this benchmark. Historically, Al Suwadi Power CoOG's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.29 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.19, Al Suwadi Power CoOG 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.19, based on 261 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 Suwadi Power CoOG's current Cyclically Adjusted PB Ratio of 1.16 is 2.5% 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 Al Suwadi Power CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Suwadi Power CoOG's current Cyclically Adjusted PB Ratio is 1.16, which is 127% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Suwadi Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Suwadi Power CoOG (MUS:SUWP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.08, compared to a current price of ر.ع0.20 — trading 146.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is 127% above median its 10-year median of 0.51 and 2.5% below the Utilities - Independent Power Producers industry median of 1.19. Al Suwadi Power CoOG's overall GF Score™ is 57/100 with 4 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 Suwadi Power CoOG (MUS:SUWP), the current Cyclically Adjusted PB Ratio is 1.16 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 Al Suwadi Power CoOG (MUS:SUWP) Overvalued in 2026?

Based on GuruFocus' analysis, Al Suwadi Power CoOG stock appears to be overvalued. The current stock price of ر.ع0.20 is trading 146.3% above its estimated GF Value™ of ر.ع0.08. GuruFocus considers Al Suwadi Power CoOG to be Significantly Overvalued.

Key valuation signals for MUS:SUWP:

  • Cyclically Adjusted PB Ratio: 1.16 (127% above median its 10-year median of 0.51)
  • GF Value™: ر.ع0.08 vs. price of ر.ع0.20 (146.3% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 2.5% below the Utilities - Independent Power Producers median (#123 of 261)

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


Al Suwadi Power CoOG Business Description

Address Muscat Grand Mall Building No. 5, Street No. 35, P.O. Box 39, Bareeq Al Shatti, Level 1 (South East), Al Khuwair, Muscat, OMN, 103
Al Suwadi Power Co SAOG is an Oman-based company. The company owns the Barka 3 Power Plant in the Al Batinah region of the Sultanate of Oman. The Company's objectives are to develop, finance, design, construct, operate, maintain, insure and own a power generating facility (the Barka 3 Power Plant with a capacity of about 750MW, 'the Plant'), and associated gas interconnection facilities and other relevant infrastructure; to make available the demonstrated power capacity; and to sell the electrical energy generated to Nama Power and Water Procurement Company SAOC (PWP).
57GF Score

Get the complete analysis for MUS:SUWP

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

ر.ع0.20
Price
ر.ع0.08
GF Value