Najran Cement Co (SAU:3002) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 18, 2026) — 46% Below Median

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SAU:3002 Najran Cement Co SAU:3002
65 GF Score
Price ﷼5.37
GF Value ﷼9.21
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Najran Cement Co Cyclically Adjusted PB Ratio?

Najran Cement Co SAU:3002 +0.37% 65 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 18, 2026, which is 46% below its 10-year median of 0.70. GuruFocus rates SAU:3002 with a GF Score™ of 65/100 and a GF Value™ of ﷼9.21 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 305 Building Materials companies, Najran Cement Co ranks better than 80.66% on this metric.

As of today (2026-08-18), Najran Cement Co's current share price is ﷼5.37. Najran Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼14.08. Najran Cement Co's Cyclically Adjusted PB Ratio for today is 0.38.

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

SAU:3002' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.7   Max: 1.49
Current: 0.38

During the past years, Najran Cement Co's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.38. And the median was 0.70.

SAU:3002's Cyclically Adjusted PB Ratio is ranked better than
80.66% of 305 companies
in the Building Materials industry
Industry Median: 0.97 vs SAU:3002: 0.38

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.

Najran Cement Co's adjusted book value per share data for the three months ended in Mar. 2026 was ﷼12.388. 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 ﷼14.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Najran Cement Co  (SAU:3002) 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.


Najran Cement Co Cyclically Adjusted PB Ratio Related Terms


Najran Cement Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Najran Cement 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.

Najran Cement Co Cyclically Adjusted PB Ratio Chart

Najran Cement 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 1.42 0.88 0.82 0.65 0.46

Najran Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.63 0.58 0.57 0.46 0.45

SAU:3002 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Najran Cement 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.


Najran Cement Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Najran Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SAU:3002
65GF Score
Najran Cement Co SAU:3002
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Najran Cement 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.

Najran Cement Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.37/14.08
=0.38

* 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.

Najran Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Najran Cement Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.388/330.2130*330.2130
=12.388

Current CPI (Mar. 2026) = 330.2130.

Najran Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.977 241.018 16.409
201609 12.067 241.428 16.505
201612 12.099 241.432 16.548
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 12.062 246.819 16.137
201712 11.935 246.524 15.987
201803 11.812 249.554 15.630
201806 11.625 251.989 15.234
201809 11.486 252.439 15.025
201812 11.374 251.233 14.950
201903 11.410 254.202 14.822
201906 11.394 256.143 14.689
201909 11.477 256.759 14.760
201912 11.668 256.974 14.993
202003 11.904 258.115 15.229
202006 12.098 257.797 15.496
202009 12.377 260.280 15.702
202012 12.094 260.474 15.332
202103 11.699 264.877 14.585
202106 11.893 271.696 14.454
202109 11.356 274.310 13.670
202112 11.466 278.802 13.580
202203 11.451 287.504 13.152
202206 11.529 296.311 12.848
202209 11.693 296.808 13.009
202212 11.543 296.797 12.843
202303 11.896 301.836 13.014
202306 11.689 305.109 12.651
202309 11.755 307.789 12.611
202312 11.612 306.746 12.500
202403 11.902 312.332 12.583
202406 11.946 314.175 12.556
202409 12.051 315.301 12.621
202412 12.014 315.605 12.570
202503 12.129 319.799 12.524
202506 12.236 322.561 12.526
202509 12.280 324.800 12.485
202512 12.351 324.054 12.586
202603 12.388 330.213 12.388

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 0.38 mean?
Najran Cement Co (SAU:3002) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 18, 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 Najran Cement Co and its competitors. This is 46% below median its historical median of 0.70. Over the past decade, Najran Cement Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.49. According to the industry distribution chart, Najran Cement Co ranks #59 out of 305 companies in the Building Materials industry, placing it in the top 19.3%.
Is Najran Cement Co's Cyclically Adjusted PB Ratio too high?
Najran Cement Co's current Cyclically Adjusted PB Ratio of 0.38 is 46% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.49. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Najran Cement Co's value of 0.38 is 60.8% below this industry median. Based on the distribution chart, Najran Cement Co ranks #59 out of 305 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Najran Cement Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Najran Cement Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Najran Cement Co ranks #59 out of 305 companies for Cyclically Adjusted PB Ratio. This places Najran Cement Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.97. Najran Cement Co's value of 0.38 is 60.8% below this benchmark. Historically, Najran Cement Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.49 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.97, Najran Cement Co has consistently been below 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 305 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. Najran Cement Co's current Cyclically Adjusted PB Ratio of 0.38 is 60.8% below 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 Najran Cement Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Najran Cement Co's current Cyclically Adjusted PB Ratio is 0.38, which is 46% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Najran Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Najran Cement Co (SAU:3002) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼9.21, compared to a current price of ﷼5.37 — trading 41.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 46% below median its 10-year median of 0.70 and 60.8% below the Building Materials industry median of 0.97. Najran Cement Co's overall GF Score™ is 65/100 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 Najran Cement Co (SAU:3002), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 18, 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 Najran Cement Co (SAU:3002) Overvalued in 2026?

Based on GuruFocus' analysis, Najran Cement Co stock appears to be undervalued. The current stock price of ﷼5.37 is trading 41.7% below its estimated GF Value™ of ﷼9.21. GuruFocus considers Najran Cement Co to be Possible Value Trap.

Key valuation signals for SAU:3002:

  • Cyclically Adjusted PB Ratio: 0.38 (46% below median its 10-year median of 0.70)
  • GF Value™: ﷼9.21 vs. price of ﷼5.37 (41.7% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 60.8% below the Building Materials median (#59 of 305)

No single metric tells the full story. See the SAU:3002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Najran Cement Co Business Description

Address 9204 King Saud Road, PO Box 1006, Najran, SAU, 66256
Najran Cement Co is a Saudi Arabia-based company engaged in the business of manufacturing ordinary portland cement and cement resistant to salts. Its product portfolio comprises ordinary portland cement, portland sulphate resistant cement, portland pozzolanic cement, Lyasah, and Lyasah plus cement. Additionally, the company offers an integrated electronic service for selling and delivering cement to its business customers (companies and institutions) through the Wasel App. It is engaged in one operating segment, i.e., manufacturing cement. Geographically, Najran Cement generates the majority of its revenue from the local market, and to a lesser extent, also exports its products to other countries.
65GF Score

Get the complete analysis for SAU:3002

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

﷼5.37
Price
﷼9.21
GF Value