Saudi Arabian Refineries Co (SAU:2030) Cyclically Adjusted PB Ratio: (As of Aug. 26, 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.

SAU:2030 Saudi Arabian Refineries Co SAU:2030
56 GF Score
Price ﷼50.25
GF Value ﷼9.55
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Saudi Arabian Refineries Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi Arabian Refineries Co  (SAU:2030) 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.


Saudi Arabian Refineries Co Cyclically Adjusted PB Ratio Related Terms


Saudi Arabian Refineries Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saudi Arabian Refineries Co'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.

Saudi Arabian Refineries Co Cyclically Adjusted PB Ratio Chart

Saudi Arabian Refineries Co 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 2.16 2.69 2.10 1.49

Saudi Arabian Refineries Co 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 1.87 1.79 1.49 1.38 0.00

SAU:2030 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Saudi Arabian Refineries Co'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.


Saudi Arabian Refineries Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Saudi Arabian Refineries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Refineries Co's Cyclically Adjusted PB Ratio falls into.


SAU:2030
56GF Score
Saudi Arabian Refineries Co SAU:2030
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Arabian Refineries Co 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.

Saudi Arabian Refineries Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Saudi Arabian Refineries Co'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)
=18.464/333.9520*333.9520
=18.464

Current CPI (Jun. 2026) = 333.9520.

Saudi Arabian Refineries Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.028 241.428 24.937
201612 24.102 241.432 33.338
201703 26.064 243.801 35.702
201706 25.094 244.955 34.211
201709 26.070 246.819 35.273
201712 24.485 246.524 33.168
201803 27.844 249.554 37.261
201806 34.497 251.989 45.718
201809 33.027 252.439 43.691
201812 28.702 251.233 38.152
201903 30.368 254.202 39.895
201906 30.665 256.143 39.980
201909 28.731 256.759 37.369
201912 30.264 256.974 39.330
202003 21.844 258.115 28.262
202006 25.815 257.797 33.441
202009 29.080 260.280 37.311
202012 33.888 260.474 43.448
202103 39.125 264.877 49.328
202106 41.414 271.696 50.904
202109 47.225 274.310 57.493
202112 37.302 278.802 44.681
202203 41.179 287.504 47.832
202206 35.889 296.311 40.448
202209 29.435 296.808 33.119
202212 29.255 296.797 32.917
202303 32.261 301.836 35.694
202306 32.747 305.109 35.843
202309 30.197 307.789 32.764
202312 28.934 306.746 31.500
202403 29.855 312.332 31.922
202406 27.732 314.175 29.478
202409 25.330 315.301 26.828
202412 22.898 315.605 24.229
202503 23.037 319.799 24.057
202506 21.317 322.561 22.070
202509 21.426 324.800 22.030
202512 18.887 324.054 19.464
202603 19.269 330.213 19.487
202606 18.464 333.952 18.464

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 Saudi Arabian Refineries Co (SAU:2030) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Arabian Refineries Co stock appears to be overvalued. The current stock price of ﷼50.25 is trading 426.2% above its estimated GF Value™ of ﷼9.55. GuruFocus considers Saudi Arabian Refineries Co to be Significantly Overvalued.

Key valuation signals for SAU:2030:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ﷼9.55 vs. price of ﷼50.25 (426.2% above fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the SAU:2030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Arabian Refineries Co Business Description

Address Madinah Road, Adham Commercial Cente, P.O. Box 1113, Jeddah, SAU, 21431
Saudi Arabian Refineries Co is engaged in a diversified line of business. The company's activities include the Extraction of crude oil and construction of refineries, petrochemical plants, and refineries; Dealing in securities in an authentic manner; Buying and selling lands and real estate, dividing them and selling activities on the map and Management and leasing of real estate owned or leased.
56GF Score

Get the complete analysis for SAU:2030

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

﷼50.25
Price
﷼9.55
GF Value