Northern Region Cement Co (SAU:3004) Cyclically Adjusted PB Ratio: 0.46 (As of Sep. 08, 2026) — 36% Below Median

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SAU:3004 Northern Region Cement Co SAU:3004
67 GF Score
Price ﷼6.65
GF Value ﷼10.70
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Northern Region Cement Co Cyclically Adjusted PB Ratio?

Northern Region Cement Co SAU:3004 67 Cyclically Adjusted PB Ratio is 0.46 as of Sep. 08, 2026, which is 36% below its 10-year median of 0.72. GuruFocus rates SAU:3004 with a GF Score™ of 67/100 and a GF Value™ of ﷼10.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 285 Building Materials companies, Northern Region Cement Co ranks better than 77.89% on this metric.

As of today (2026-09-08), Northern Region Cement Co's current share price is ﷼6.65. Northern Region Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼14.40. Northern Region Cement Co's Cyclically Adjusted PB Ratio for today is 0.46.

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

SAU:3004' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.72   Max: 1.36
Current: 0.46

During the past years, Northern Region Cement Co's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.44. And the median was 0.72.

SAU:3004's Cyclically Adjusted PB Ratio is ranked better than
77.89% of 285 companies
in the Building Materials industry
Industry Median: 0.99 vs SAU:3004: 0.46

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.

Northern Region Cement Co's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼12.740. 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 ﷼14.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northern Region Cement Co  (SAU:3004) 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.


Northern Region Cement Co Cyclically Adjusted PB Ratio Related Terms


Northern Region Cement Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Northern Region 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.

Northern Region Cement Co Cyclically Adjusted PB Ratio Chart

Northern Region 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 1.09 0.79 0.76 0.66 0.51

Northern Region Cement 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 0.55 0.58 0.51 0.49 0.47

SAU:3004 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Northern Region 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.


Northern Region Cement Co Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


SAU:3004
67GF Score
Northern Region Cement Co SAU:3004
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Region 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.65/14.40
=0.46

* 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.

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

For example, Northern Region Cement 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)
=12.74/333.9520*333.9520
=12.740

Current CPI (Jun. 2026) = 333.9520.

Northern Region Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.767 241.428 14.893
201612 11.039 241.432 15.269
201703 11.153 243.801 15.277
201706 11.175 244.955 15.235
201709 11.245 246.819 15.215
201712 11.330 246.524 15.348
201803 11.338 249.554 15.172
201806 11.301 251.989 14.977
201809 11.331 252.439 14.990
201812 11.412 251.233 15.169
201903 11.494 254.202 15.100
201906 11.576 256.143 15.092
201909 11.725 256.759 15.250
201912 11.923 256.974 15.495
202003 12.062 258.115 15.606
202006 12.132 257.797 15.716
202009 11.997 260.280 15.393
202012 12.253 260.474 15.709
202103 12.143 264.877 15.310
202106 12.267 271.696 15.078
202109 12.117 274.310 14.752
202112 12.274 278.802 14.702
202203 12.410 287.504 14.415
202206 12.285 296.311 13.846
202209 12.439 296.808 13.996
202212 12.380 296.797 13.930
202303 12.491 301.836 13.820
202306 12.350 305.109 13.517
202309 12.490 307.789 13.552
202312 12.445 306.746 13.549
202403 12.478 312.332 13.342
202406 12.543 314.175 13.333
202409 12.647 315.301 13.395
202412 12.512 315.605 13.239
202503 12.582 319.799 13.139
202506 12.640 322.561 13.086
202509 12.468 324.800 12.819
202512 12.567 324.054 12.951
202603 12.632 330.213 12.775
202606 12.740 333.952 12.740

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 0.46 mean?
Northern Region Cement Co (SAU:3004) has a Cyclically Adjusted PB Ratio of 0.46 as of Sep. 08, 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 Northern Region Cement Co and its competitors. This is 36% below median its historical median of 0.72. Over the past decade, Northern Region Cement Co's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.36. According to the industry distribution chart, Northern Region Cement Co ranks #63 out of 285 companies in the Building Materials industry, placing it in the top 22.1%.
Is Northern Region Cement Co's Cyclically Adjusted PB Ratio too high?
Northern Region Cement Co's current Cyclically Adjusted PB Ratio of 0.46 is 36% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.36. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.99. Northern Region Cement Co's value of 0.46 is 53.5% below this industry median. Based on the distribution chart, Northern Region Cement Co ranks #63 out of 285 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Region Cement Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Region Cement Co's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Northern Region Cement Co ranks #63 out of 285 companies for Cyclically Adjusted PB Ratio. This places Northern Region Cement Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.99. Northern Region Cement Co's value of 0.46 is 53.5% below this benchmark. Historically, Northern Region Cement Co's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.36 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.99, Northern Region 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 0.99, based on 285 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. Northern Region Cement Co's current Cyclically Adjusted PB Ratio of 0.46 is 53.5% 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 Northern Region Cement Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Region Cement Co's current Cyclically Adjusted PB Ratio is 0.46, which is 36% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Region Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Northern Region Cement Co (SAU:3004) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼10.70, compared to a current price of ﷼6.65 — trading 37.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 36% below median its 10-year median of 0.72 and 53.5% below the Building Materials industry median of 0.99. Northern Region Cement Co's overall GF Score™ is 67/100 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 Northern Region Cement Co (SAU:3004), the current Cyclically Adjusted PB Ratio is 0.46 as of Sep. 08, 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 Northern Region Cement Co (SAU:3004) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Region Cement Co stock appears to be undervalued. The current stock price of ﷼6.65 is trading 37.9% below its estimated GF Value™ of ﷼10.70. GuruFocus considers Northern Region Cement Co to be Possible Value Trap.

Key valuation signals for SAU:3004:

  • Cyclically Adjusted PB Ratio: 0.46 (36% below median its 10-year median of 0.72)
  • GF Value™: ﷼10.70 vs. price of ﷼6.65 (37.9% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 53.5% below the Building Materials median (#63 of 285)

No single metric tells the full story. See the SAU:3004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Region Cement Co Business Description

Address Airport Road, Riyadh Front, Ground Floor, Building S2, PO. Box 61011, Riyadh, SAU, 11565
Northern Region Cement Co. manufactures Ordinary Portland cement, manufacturing of white cement, manufacturing of Clinker, rock cutting using explosive materials, and retail sale of building materials, including cement, concrete blocks, gypsum, cement tiles, and other related materials. The company and its subsidiaries are managed as a single operational segment in the manufacture and production of cement of all kinds, and the company and its subsidiaries operate in Saudi Arabia, the Hashemite Kingdom of Jordan, and the Iraqi Republic.
67GF Score

Get the complete analysis for SAU:3004

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

﷼6.65
Price
﷼10.70
GF Value