Saudi Vitrified Clay Pipes Co (SAU:2360) Cyclically Adjusted PB Ratio: (As of Aug. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:2360 Saudi Vitrified Clay Pipes Co SAU:2360
57 GF Score
Price ﷼21.44
GF Value ﷼32.25
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Saudi Vitrified Clay Pipes Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi Vitrified Clay Pipes Co  (SAU:2360) 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 Vitrified Clay Pipes Co Cyclically Adjusted PB Ratio Related Terms


Saudi Vitrified Clay Pipes Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saudi Vitrified Clay Pipes 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 Vitrified Clay Pipes Co Cyclically Adjusted PB Ratio Chart

Saudi Vitrified Clay Pipes 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 3.65 1.76 2.13 1.74 1.01

Saudi Vitrified Clay Pipes 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 1.47 1.34 1.01 0.95 0.00

SAU:2360 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

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

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

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


SAU:2360
57GF Score
Saudi Vitrified Clay Pipes Co SAU:2360
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Saudi Vitrified Clay Pipes 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)
=3.029/333.9520*333.9520
=3.029

Current CPI (Jun. 2026) = 333.9520.

Saudi Vitrified Clay Pipes Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.474 241.428 22.787
201612 19.290 241.432 26.682
201703 19.084 243.801 26.141
201706 20.007 244.955 27.276
201709 18.790 246.819 25.423
201712 17.524 246.524 23.739
201803 17.062 249.554 22.832
201806 17.063 251.989 22.613
201809 17.154 252.439 22.693
201812 16.856 251.233 22.406
201903 16.948 254.202 22.265
201906 16.983 256.143 22.142
201909 17.068 256.759 22.199
201912 16.392 256.974 21.302
202003 16.704 258.115 21.612
202006 16.868 257.797 21.851
202009 16.920 260.280 21.709
202012 16.041 260.474 20.566
202103 16.054 264.877 20.241
202106 15.971 271.696 19.631
202109 15.870 274.310 19.321
202112 15.923 278.802 19.073
202203 15.996 287.504 18.580
202206 15.394 296.311 17.350
202209 15.336 296.808 17.255
202212 15.440 296.797 17.373
202303 15.285 301.836 16.911
202306 15.257 305.109 16.699
202309 15.048 307.789 16.327
202312 12.067 306.746 13.137
202403 11.713 312.332 12.524
202406 10.910 314.175 11.597
202409 7.616 315.301 8.067
202412 5.867 315.605 6.208
202503 5.371 319.799 5.609
202506 4.705 322.561 4.871
202509 5.318 324.800 5.468
202512 3.971 324.054 4.092
202603 3.721 330.213 3.763
202606 3.029 333.952 3.029

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 Vitrified Clay Pipes Co (SAU:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Vitrified Clay Pipes Co stock appears to be undervalued. The current stock price of ﷼21.44 is trading 33.5% below its estimated GF Value™ of ﷼32.25. GuruFocus considers Saudi Vitrified Clay Pipes Co to be Possible Value Trap.

Key valuation signals for SAU:2360:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ﷼32.25 vs. price of ﷼21.44 (33.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the SAU:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Vitrified Clay Pipes Co Business Description

Address Road No. 182, P.O. Box 6415, Second Industrial City, Al Aqaria Siteen - Al Malaz, Riyadh, SAU, 11442
Saudi Vitrified Clay Pipes Co is mainly engaged in manufacturing and selling clay and plastic pipes, including their accessories and attachments, in various diameters, and providing all supporting works for this purpose. Its product portfolio comprises perforated clay drain pipes, flexible joints, pipes and bends with different joining systems, clay junctions, and related accessories. The company's operating segments are: Vitrified Clay Pipes, which generate maximum revenue, Cement Pipes, and Plastic Pipes. Geographically, it derives maximum revenue from the Kingdom of Saudi Arabia, and also sells its products to other markets.
57GF Score

Get the complete analysis for SAU:2360

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

﷼21.44
Price
﷼32.25
GF Value