Yamama Cement Co JSC (SAU:3020) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 25, 2026) — 32% Below Median

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:3020 Yamama Cement Co JSC SAU:3020
88 GF Score
Price ﷼23.42
GF Value ﷼42.91
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Yamama Cement Co JSC Cyclically Adjusted PB Ratio?

Yamama Cement Co JSC SAU:3020 -0.13% 88 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 25, 2026, which is 32% below its 10-year median of 1.41. GuruFocus rates SAU:3020 with a GF Score™ of 88/100 and a GF Value™ of ﷼42.91 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 296 Building Materials companies, Yamama Cement Co JSC ranks better than 50.34% on this metric.

As of today (2026-08-25), Yamama Cement Co JSC's current share price is ﷼23.42. Yamama Cement Co JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼24.30. Yamama Cement Co JSC's Cyclically Adjusted PB Ratio for today is 0.96.

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

SAU:3020' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.41   Max: 1.81
Current: 0.96

During the past years, Yamama Cement Co JSC's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.93. And the median was 1.41.

SAU:3020's Cyclically Adjusted PB Ratio is ranked better than
50.34% of 296 companies
in the Building Materials industry
Industry Median: 0.98 vs SAU:3020: 0.96

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.

Yamama Cement Co JSC's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼24.859. 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 ﷼24.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamama Cement Co JSC  (SAU:3020) 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.


Yamama Cement Co JSC Cyclically Adjusted PB Ratio Related Terms


Yamama Cement Co JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yamama Cement Co JSC'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.

Yamama Cement Co JSC Cyclically Adjusted PB Ratio Chart

Yamama Cement Co JSC 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 1.27 1.24 1.52 1.53 0.99

Yamama Cement Co JSC 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 1.45 1.34 0.99 1.07 1.04

SAU:3020 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Yamama Cement Co JSC'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.


Yamama Cement Co JSC Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


SAU:3020
88GF Score
Yamama Cement Co JSC SAU:3020
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamama Cement Co JSC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.42/24.30
=0.96

* 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.

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

For example, Yamama Cement Co JSC'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)
=24.859/333.9520*333.9520
=24.859

Current CPI (Jun. 2026) = 333.9520.

Yamama Cement Co JSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.158 241.428 25.117
201612 16.790 241.432 23.224
201703 16.822 243.801 23.042
201706 16.795 244.955 22.897
201709 16.919 246.819 22.892
201712 16.964 246.524 22.980
201803 17.065 249.554 22.836
201806 16.864 251.989 22.349
201809 16.575 252.439 21.927
201812 16.638 251.233 22.116
201903 17.006 254.202 22.341
201906 17.292 256.143 22.545
201909 17.583 256.759 22.869
201912 17.978 256.974 23.363
202003 18.486 258.115 23.917
202006 18.299 257.797 23.705
202009 18.828 260.280 24.157
202012 19.394 260.474 24.865
202103 20.384 264.877 25.700
202106 21.019 271.696 25.835
202109 21.231 274.310 25.847
202112 21.136 278.802 25.317
202203 21.318 287.504 24.762
202206 21.724 296.311 24.484
202209 22.246 296.808 25.030
202212 22.969 296.797 25.844
202303 22.522 301.836 24.918
202306 23.009 305.109 25.184
202309 23.208 307.789 25.181
202312 23.374 306.746 25.447
202403 22.939 312.332 24.527
202406 23.345 314.175 24.815
202409 23.841 315.301 25.251
202412 23.918 315.605 25.308
202503 24.618 319.799 25.707
202506 24.216 322.561 25.071
202509 24.393 324.800 25.080
202512 24.542 324.054 25.292
202603 25.257 330.213 25.543
202606 24.859 333.952 24.859

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 0.96 mean?
Yamama Cement Co JSC (SAU:3020) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 25, 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 Yamama Cement Co JSC and its competitors. This is 32% below median its historical median of 1.41. Over the past decade, Yamama Cement Co JSC's Cyclically Adjusted PB Ratio has ranged from 0.93 to 1.81. According to the industry distribution chart, Yamama Cement Co JSC ranks #147 out of 296 companies in the Building Materials industry, placing it in the top 49.7%.
Is Yamama Cement Co JSC's Cyclically Adjusted PB Ratio too high?
Yamama Cement Co JSC's current Cyclically Adjusted PB Ratio of 0.96 is 32% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.81. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Yamama Cement Co JSC's value of 0.96 is 2% below this industry median. Based on the distribution chart, Yamama Cement Co JSC ranks #147 out of 296 companies in the Building Materials industry, which is above the industry midpoint. Overall, Yamama Cement Co JSC has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yamama Cement Co JSC's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Yamama Cement Co JSC ranks #147 out of 296 companies for Cyclically Adjusted PB Ratio. This puts Yamama Cement Co JSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Yamama Cement Co JSC's value of 0.96 is 2% below this benchmark. Historically, Yamama Cement Co JSC's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 1.81 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.98, Yamama Cement Co JSC 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 0.98, based on 296 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. Yamama Cement Co JSC's current Cyclically Adjusted PB Ratio of 0.96 is 2% 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 Yamama Cement Co JSC and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamama Cement Co JSC's current Cyclically Adjusted PB Ratio is 0.96, which is 32% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamama Cement Co JSC stock overvalued right now?
Based on GuruFocus' analysis, Yamama Cement Co JSC (SAU:3020) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼42.91, compared to a current price of ﷼23.42 — trading 45.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 32% below median its 10-year median of 1.41 and 2% below the Building Materials industry median of 0.98. Yamama Cement Co JSC's overall GF Score™ is 88/100 with 5 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 Yamama Cement Co JSC (SAU:3020), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 25, 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 Yamama Cement Co JSC (SAU:3020) Overvalued in 2026?

Based on GuruFocus' analysis, Yamama Cement Co JSC stock appears to be undervalued. The current stock price of ﷼23.42 is trading 45.4% below its estimated GF Value™ of ﷼42.91. GuruFocus considers Yamama Cement Co JSC to be Significantly Undervalued.

Key valuation signals for SAU:3020:

  • Cyclically Adjusted PB Ratio: 0.96 (32% below median its 10-year median of 1.41)
  • GF Value™: ﷼42.91 vs. price of ﷼23.42 (45.4% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 2% below the Building Materials median (#147 of 296)

No single metric tells the full story. See the SAU:3020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamama Cement Co JSC Business Description

Address Airport Raod, Eastern Ring, Al Falah, P.O. Box 293, Riyadh, SAU, 11411
Yamama Cement Co JSC is one of the supreme and oldest cement manufacturers in the Kingdom of Saudi Arabia. It provides a range of cement and clinker products mostly to the construction industry in the country. The company's product portfolio includes Normal Cement, Cement Resistant, Finalise Cement and Salt Resistant Cement.
88GF Score

Get the complete analysis for SAU:3020

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

﷼23.42
Price
﷼42.91
GF Value