Middle East Specialized Cables Co (SAU:2370) Cyclically Adjusted PB Ratio: 2.51 (As of Aug. 27, 2026) — 26% Above Median

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SAU:2370 Middle East Specialized Cables Co SAU:2370
77 GF Score
Price ﷼30.90
GF Value ﷼44.18
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Middle East Specialized Cables Co Cyclically Adjusted PB Ratio?

Middle East Specialized Cables Co SAU:2370 -0.32% 77 Cyclically Adjusted PB Ratio is 2.51 as of Aug. 27, 2026, which is 26% above its 10-year median of 1.99. GuruFocus rates SAU:2370 with a GF Score™ of 77/100 and a GF Value™ of ﷼44.18 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,105 Industrial Products companies, Middle East Specialized Cables Co ranks worse than 56.82% on this metric.

As of today (2026-08-27), Middle East Specialized Cables Co's current share price is ﷼30.90. Middle East Specialized Cables Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼12.32. Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio for today is 2.51.

The historical rank and industry rank for Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:2370' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.99   Max: 3.93
Current: 2.51

During the past years, Middle East Specialized Cables Co's highest Cyclically Adjusted PB Ratio was 3.93. The lowest was 0.75. And the median was 1.99.

SAU:2370's Cyclically Adjusted PB Ratio is ranked worse than
56.82% of 2105 companies
in the Industrial Products industry
Industry Median: 2.1 vs SAU:2370: 2.51

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.

Middle East Specialized Cables Co's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼14.146. 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 ﷼12.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Middle East Specialized Cables Co  (SAU:2370) 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.


Middle East Specialized Cables Co Cyclically Adjusted PB Ratio Related Terms


Middle East Specialized Cables Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Middle East Specialized Cables 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.

Middle East Specialized Cables Co Cyclically Adjusted PB Ratio Chart

Middle East Specialized Cables 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 0.83 1.93 3.75 1.78

Middle East Specialized Cables 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 2.81 2.57 1.78 1.89 2.47

SAU:2370 vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables 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.


Middle East Specialized Cables Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio falls into.


SAU:2370
77GF Score
Middle East Specialized Cables Co SAU:2370
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Middle East Specialized Cables 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.

Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.90/12.32
=2.51

* 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.

Middle East Specialized Cables Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Middle East Specialized Cables 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)
=14.146/333.9520*333.9520
=14.146

Current CPI (Jun. 2026) = 333.9520.

Middle East Specialized Cables Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.372 241.428 15.730
201612 11.457 241.432 15.847
201703 11.533 243.801 15.798
201706 11.534 244.955 15.725
201709 11.549 246.819 15.626
201712 11.644 246.524 15.773
201803 11.361 249.554 15.203
201806 10.726 251.989 14.215
201809 10.517 252.439 13.913
201812 9.622 251.233 12.790
201903 9.357 254.202 12.293
201906 9.207 256.143 12.004
201909 9.203 256.759 11.970
201912 8.989 256.974 11.682
202003 8.996 258.115 11.639
202006 8.959 257.797 11.606
202009 9.066 260.280 11.632
202012 9.027 260.474 11.573
202103 9.048 264.877 11.408
202106 9.115 271.696 11.204
202109 8.889 274.310 10.822
202112 8.459 278.802 10.132
202203 8.461 287.504 9.828
202206 8.165 296.311 9.202
202209 8.171 296.808 9.194
202212 8.207 296.797 9.234
202303 8.518 301.836 9.424
202306 8.829 305.109 9.664
202309 9.168 307.789 9.947
202312 9.441 306.746 10.278
202403 10.090 312.332 10.788
202406 10.634 314.175 11.303
202409 11.158 315.301 11.818
202412 11.606 315.605 12.281
202503 12.266 319.799 12.809
202506 12.470 322.561 12.910
202509 12.966 324.800 13.331
202512 13.470 324.054 13.881
202603 13.951 330.213 14.109
202606 14.146 333.952 14.146

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 2.51 mean?
Middle East Specialized Cables Co (SAU:2370) has a Cyclically Adjusted PB Ratio of 2.51 as of Aug. 27, 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 Middle East Specialized Cables Co and its competitors. This is 26% above median its historical median of 1.99. Over the past decade, Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio has ranged from 0.75 to 3.93. According to the industry distribution chart, Middle East Specialized Cables Co ranks #1196 out of 2105 companies in the Industrial Products industry, placing it in the top 56.8%.
Is Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio too high?
Middle East Specialized Cables Co's current Cyclically Adjusted PB Ratio of 2.51 is 26% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.93. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Middle East Specialized Cables Co's value of 2.51 is 19.5% above this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #1196 out of 2105 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Middle East Specialized Cables Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middle East Specialized Cables Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #1196 out of 2105 companies for Cyclically Adjusted PB Ratio. This places Middle East Specialized Cables Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Middle East Specialized Cables Co's value of 2.51 is 19.5% above this benchmark. Historically, Middle East Specialized Cables Co's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 3.93 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 2.10, Middle East Specialized Cables 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,105 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. Middle East Specialized Cables Co's current Cyclically Adjusted PB Ratio of 2.51 is 19.5% 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 Middle East Specialized Cables Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middle East Specialized Cables Co's current Cyclically Adjusted PB Ratio is 2.51, which is 26% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middle East Specialized Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Middle East Specialized Cables Co (SAU:2370) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼44.18, compared to a current price of ﷼30.90 — trading 30.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 26% above median its 10-year median of 1.99 and 19.5% above the Industrial Products industry median of 2.10. Middle East Specialized Cables Co's overall GF Score™ is 77/100 with 3 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 Middle East Specialized Cables Co (SAU:2370), the current Cyclically Adjusted PB Ratio is 2.51 as of Aug. 27, 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 Middle East Specialized Cables Co (SAU:2370) Overvalued in 2026?

Based on GuruFocus' analysis, Middle East Specialized Cables Co stock appears to be undervalued. The current stock price of ﷼30.90 is trading 30.1% below its estimated GF Value™ of ﷼44.18. GuruFocus considers Middle East Specialized Cables Co to be Significantly Undervalued.

Key valuation signals for SAU:2370:

  • Cyclically Adjusted PB Ratio: 2.51 (26% above median its 10-year median of 1.99)
  • GF Value™: ﷼44.18 vs. price of ﷼30.90 (30.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 19.5% above the Industrial Products median (#1196 of 2105)

No single metric tells the full story. See the SAU:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Middle East Specialized Cables Co Business Description

Address Salahuddin Al Ayoubi Street, King Abdulaziz Sector, PO.Box 60536, Riyadh, SAU, 11555
Middle East Specialized Cables Co is engaged in the manufacture of fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables. It manufactures Industrial cables that consist of instrumentation data & control cables, which are used in industrial projects, refineries, and petrochemical plants to remotely control the data and measurements. Its control cables consist of telephone, computer cables specialized to transfer data and radio signals, and telecommunications widely used in hotels, hospitals, and commercial buildings. Geographically, it generates the majority of its revenue from Saudi Arabia.
77GF Score

Get the complete analysis for SAU:2370

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

﷼30.90
Price
﷼44.18
GF Value