Saudi Ceramic Co (SAU:2040) Cyclically Adjusted PB Ratio: 1.34 (As of Aug. 22, 2026) — 12% Below Median

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SAU:2040 Saudi Ceramic Co SAU:2040
69 GF Score
Price ﷼25.32
GF Value ﷼33.01
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Saudi Ceramic Co Cyclically Adjusted PB Ratio?

Saudi Ceramic Co SAU:2040 +1.85% 69 Cyclically Adjusted PB Ratio is 1.34 as of Aug. 22, 2026, which is 12% below its 10-year median of 1.52. GuruFocus rates SAU:2040 with a GF Score™ of 69/100 and a GF Value™ of ﷼33.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,284 Construction companies, Saudi Ceramic Co ranks worse than 54.91% on this metric.

As of today (2026-08-22), Saudi Ceramic Co's current share price is ﷼25.32. Saudi Ceramic Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼18.84. Saudi Ceramic Co's Cyclically Adjusted PB Ratio for today is 1.34.

The historical rank and industry rank for Saudi Ceramic Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:2040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.52   Max: 3.12
Current: 1.34

During the past years, Saudi Ceramic Co's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.96. And the median was 1.52.

SAU:2040's Cyclically Adjusted PB Ratio is ranked worse than
54.91% of 1284 companies
in the Construction industry
Industry Median: 1.13 vs SAU:2040: 1.34

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.

Saudi Ceramic Co's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼15.507. 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 ﷼18.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi Ceramic Co  (SAU:2040) 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 Ceramic Co Cyclically Adjusted PB Ratio Related Terms


Saudi Ceramic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saudi Ceramic 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 Ceramic Co Cyclically Adjusted PB Ratio Chart

Saudi Ceramic 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 2.47 1.19 1.13 1.77 1.45

Saudi Ceramic 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 1.56 1.68 1.45 1.55 1.42

SAU:2040 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Saudi Ceramic 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 Ceramic Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


SAU:2040
69GF Score
Saudi Ceramic Co SAU:2040
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Ceramic 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 Ceramic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.32/18.84
=1.34

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

For example, Saudi Ceramic 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)
=15.507/333.9520*333.9520
=15.507

Current CPI (Jun. 2026) = 333.9520.

Saudi Ceramic Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.281 241.428 25.287
201612 17.751 241.432 24.553
201703 18.330 243.801 25.108
201706 0.000 244.955 0.000
201709 17.395 246.819 23.536
201712 16.309 246.524 22.093
201803 15.796 249.554 21.138
201806 15.332 251.989 20.319
201809 15.417 252.439 20.395
201812 14.159 251.233 18.821
201903 13.916 254.202 18.282
201906 13.727 256.143 17.897
201909 13.982 256.759 18.186
201912 14.094 256.974 18.316
202003 14.201 258.115 18.373
202006 14.266 257.797 18.480
202009 14.591 260.280 18.721
202012 14.857 260.474 19.048
202103 15.635 264.877 19.712
202106 16.348 271.696 20.094
202109 16.257 274.310 19.792
202112 16.717 278.802 20.024
202203 16.644 287.504 19.333
202206 17.024 296.311 19.187
202209 17.053 296.808 19.187
202212 17.497 296.797 19.687
202303 17.266 301.836 19.103
202306 17.602 305.109 19.266
202309 15.918 307.789 17.271
202312 15.045 306.746 16.379
202403 15.201 312.332 16.253
202406 15.092 314.175 16.042
202409 15.077 315.301 15.969
202412 14.241 315.605 15.069
202503 14.494 319.799 15.135
202506 15.630 322.561 16.182
202509 15.195 324.800 15.623
202512 15.588 324.054 16.064
202603 15.304 330.213 15.477
202606 15.507 333.952 15.507

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 1.34 mean?
Saudi Ceramic Co (SAU:2040) has a Cyclically Adjusted PB Ratio of 1.34 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 Saudi Ceramic Co and its competitors. This is 12% below median its historical median of 1.52. Over the past decade, Saudi Ceramic Co's Cyclically Adjusted PB Ratio has ranged from 0.96 to 3.12. According to the industry distribution chart, Saudi Ceramic Co ranks #705 out of 1284 companies in the Construction industry, placing it in the top 54.9%.
Is Saudi Ceramic Co's Cyclically Adjusted PB Ratio too high?
Saudi Ceramic Co's current Cyclically Adjusted PB Ratio of 1.34 is 12% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3.12. The Construction industry median Cyclically Adjusted PB Ratio is 1.13. Saudi Ceramic Co's value of 1.34 is 18.6% above this industry median. Based on the distribution chart, Saudi Ceramic Co ranks #705 out of 1284 companies in the Construction industry, which is below the industry midpoint. Overall, Saudi Ceramic Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saudi Ceramic Co's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Saudi Ceramic Co ranks #705 out of 1284 companies for Cyclically Adjusted PB Ratio. This places Saudi Ceramic Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Saudi Ceramic Co's value of 1.34 is 18.6% above this benchmark. Historically, Saudi Ceramic Co's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 3.12 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.13, Saudi Ceramic Co 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.13, based on 1,284 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. Saudi Ceramic Co's current Cyclically Adjusted PB Ratio of 1.34 is 18.6% 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 Saudi Ceramic Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Ceramic Co's current Cyclically Adjusted PB Ratio is 1.34, which is 12% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Ceramic Co (SAU:2040) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼33.01, compared to a current price of ﷼25.32 — trading 23.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.34, which is 12% below median its 10-year median of 1.52 and 18.6% above the Construction industry median of 1.13. Saudi Ceramic Co's overall GF Score™ is 69/100 with 5 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 Saudi Ceramic Co (SAU:2040), the current Cyclically Adjusted PB Ratio is 1.34 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 Saudi Ceramic Co (SAU:2040) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Ceramic Co stock appears to be undervalued. The current stock price of ﷼25.32 is trading 23.3% below its estimated GF Value™ of ﷼33.01. GuruFocus considers Saudi Ceramic Co to be Modestly Undervalued.

Key valuation signals for SAU:2040:

  • Cyclically Adjusted PB Ratio: 1.34 (12% below median its 10-year median of 1.52)
  • GF Value™: ﷼33.01 vs. price of ﷼25.32 (23.3% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 18.6% above the Construction median (#705 of 1284)

No single metric tells the full story. See the SAU:2040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Ceramic Co Business Description

Address King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481
Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also involved in the import of related machinery, equipment, and other accessories. It has three reporting segments: the Ceramic Tiles and Sanitary Ware segment, which generates the maximum revenue and is involved in the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items; the Water Heaters segment, which is engaged in the manufacturing and distribution of electric water heaters; and the Ceramic Pipes segment, which is involved in the manufacturing and distribution of clay pipes for sanitary ware and sewage networks. The company generates the majority of its revenue from the local market.
69GF Score

Get the complete analysis for SAU:2040

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

﷼25.32
Price
﷼33.01
GF Value