Rabigh Refining & Petrochemical Co (SAU:2380) Cyclically Adjusted PB Ratio: 1.95 (As of Aug. 22, 2026) — 65% Above Median

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SAU:2380 Rabigh Refining & Petrochemical Co SAU:2380
55 GF Score
Price ﷼18.00
GF Value ﷼11.80
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Rabigh Refining & Petrochemical Co Cyclically Adjusted PB Ratio?

Rabigh Refining & Petrochemical Co SAU:2380 +0.56% 55 Cyclically Adjusted PB Ratio is 1.95 as of Aug. 22, 2026, which is 65% above its 10-year median of 1.18. GuruFocus rates SAU:2380 with a GF Score™ of 55/100 and a GF Value™ of ﷼11.80 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 757 Oil & Gas companies, Rabigh Refining & Petrochemical Co ranks worse than 68.03% on this metric.

As of today (2026-08-22), Rabigh Refining & Petrochemical Co's current share price is ﷼18.00. Rabigh Refining & Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼9.21. Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio for today is 1.95.

The historical rank and industry rank for Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:2380' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.18   Max: 2.85
Current: 1.92

During the past years, Rabigh Refining & Petrochemical Co's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 0.68. And the median was 1.18.

SAU:2380's Cyclically Adjusted PB Ratio is ranked worse than
68.03% of 757 companies
in the Oil & Gas industry
Industry Median: 1.21 vs SAU:2380: 1.92

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.

Rabigh Refining & Petrochemical Co's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼7.805. 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 ﷼9.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rabigh Refining & Petrochemical Co  (SAU:2380) 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.


Rabigh Refining & Petrochemical Co Cyclically Adjusted PB Ratio Related Terms


Rabigh Refining & Petrochemical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rabigh Refining & Petrochemical 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.

Rabigh Refining & Petrochemical Co Cyclically Adjusted PB Ratio Chart

Rabigh Refining & Petrochemical 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 1.56 1.10 1.06 0.87 0.75

Rabigh Refining & Petrochemical 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 0.77 0.80 0.75 1.15 1.33

SAU:2380 vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Rabigh Refining & Petrochemical 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.


Rabigh Refining & Petrochemical Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio falls into.


SAU:2380
55GF Score
Rabigh Refining & Petrochemical Co SAU:2380
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rabigh Refining & Petrochemical 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.

Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/9.21
=1.95

* 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.

Rabigh Refining & Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Rabigh Refining & Petrochemical 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)
=7.805/333.9520*333.9520
=7.805

Current CPI (Jun. 2026) = 333.9520.

Rabigh Refining & Petrochemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.600 241.428 10.513
201612 7.784 241.432 10.767
201703 7.450 243.801 10.205
201706 7.783 244.955 10.611
201709 8.507 246.819 11.510
201712 9.351 246.524 12.667
201803 9.698 249.554 12.978
201806 9.574 251.989 12.688
201809 9.864 252.439 13.049
201812 9.774 251.233 12.992
201903 10.062 254.202 13.219
201906 9.867 256.143 12.864
201909 10.298 256.759 13.394
201912 9.310 256.974 12.099
202003 7.644 258.115 9.890
202006 6.313 257.797 8.178
202009 5.748 260.280 7.375
202012 5.752 260.474 7.375
202103 6.360 264.877 8.019
202106 7.033 271.696 8.645
202109 7.234 274.310 8.807
202112 6.641 278.802 7.955
202203 7.251 287.504 8.422
202206 6.384 296.311 7.195
202209 10.129 296.808 11.397
202212 9.129 296.797 10.272
202303 8.552 301.836 9.462
202306 7.836 305.109 8.577
202309 7.151 307.789 7.759
202312 6.314 306.746 6.874
202403 5.497 312.332 5.878
202406 4.839 314.175 5.144
202409 6.332 315.301 6.707
202412 5.867 315.605 6.208
202503 6.575 319.799 6.866
202506 5.758 322.561 5.961
202509 5.018 324.800 5.159
202512 5.930 324.054 6.111
202603 6.593 330.213 6.668
202606 7.805 333.952 7.805

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 1.95 mean?
Rabigh Refining & Petrochemical Co (SAU:2380) has a Cyclically Adjusted PB Ratio of 1.95 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 Rabigh Refining & Petrochemical Co and its competitors. This is 65% above median its historical median of 1.18. Over the past decade, Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.85. According to the industry distribution chart, Rabigh Refining & Petrochemical Co ranks #515 out of 757 companies in the Oil & Gas industry, placing it in the top 68%.
Is Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio too high?
Rabigh Refining & Petrochemical Co's current Cyclically Adjusted PB Ratio of 1.95 is 65% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.85. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Rabigh Refining & Petrochemical Co's value of 1.95 is 61.2% above this industry median. Based on the distribution chart, Rabigh Refining & Petrochemical Co ranks #515 out of 757 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Rabigh Refining & Petrochemical Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Rabigh Refining & Petrochemical Co ranks #515 out of 757 companies for Cyclically Adjusted PB Ratio. This places Rabigh Refining & Petrochemical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Rabigh Refining & Petrochemical Co's value of 1.95 is 61.2% above this benchmark. Historically, Rabigh Refining & Petrochemical Co's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.85 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.21, Rabigh Refining & Petrochemical 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 757 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. Rabigh Refining & Petrochemical Co's current Cyclically Adjusted PB Ratio of 1.95 is 61.2% 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 Rabigh Refining & Petrochemical Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rabigh Refining & Petrochemical Co's current Cyclically Adjusted PB Ratio is 1.95, which is 65% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rabigh Refining & Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Rabigh Refining & Petrochemical Co (SAU:2380) is currently considered Significantly Overvalued. The stock's GF Value™ is ﷼11.80, compared to a current price of ﷼18.00 — trading 52.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.95, which is 65% above median its 10-year median of 1.18 and 61.2% above the Oil & Gas industry median of 1.21. Rabigh Refining & Petrochemical Co's overall GF Score™ is 55/100 with 6 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 Rabigh Refining & Petrochemical Co (SAU:2380), the current Cyclically Adjusted PB Ratio is 1.95 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 Rabigh Refining & Petrochemical Co (SAU:2380) Overvalued in 2026?

Based on GuruFocus' analysis, Rabigh Refining & Petrochemical Co stock appears to be overvalued. The current stock price of ﷼18.00 is trading 52.5% above its estimated GF Value™ of ﷼11.80. GuruFocus considers Rabigh Refining & Petrochemical Co to be Significantly Overvalued.

Key valuation signals for SAU:2380:

  • Cyclically Adjusted PB Ratio: 1.95 (65% above median its 10-year median of 1.18)
  • GF Value™: ﷼11.80 vs. price of ﷼18.00 (52.5% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 61.2% above the Oil & Gas median (#515 of 757)

No single metric tells the full story. See the SAU:2380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rabigh Refining & Petrochemical Co Business Description

Industry EnergyOil & Gas
Address P.O. Box 101, Rabigh, SAU, 21911
Rabigh Refining & Petrochemical Co is engaged in the development, construction, and operation of an integrated refining and petrochemical complex (the Complex), including the manufacturing and sales of refined and petrochemical products. The company's operating segments include Refined Products and Petrochemicals. It generates maximum revenue from the Refined products segment. Geographically, the company operates in the Kingdom of Saudi Arabia, the Middle East, Asia-Pacific, and other regions. The majority of its revenue is generated from Saudi Arabia.
55GF Score

Get the complete analysis for SAU:2380

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

﷼18.00
Price
﷼11.80
GF Value