Makkah Construction & Development Co (SAU:4100) Cyclically Adjusted PB Ratio: 2.59 (As of Jul. 25, 2026) — 46% Above Median

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SAU:4100 Makkah Construction & Development Co SAU:4100
93 GF Score
Price ﷼85.45
GF Value ﷼111.35
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Makkah Construction & Development Co Cyclically Adjusted PB Ratio?

Makkah Construction & Development Co SAU:4100 +0.47% 93 Cyclically Adjusted PB Ratio is 2.59 as of Jul. 25, 2026, which is 46% above its 10-year median of 1.78. GuruFocus rates SAU:4100 with a GF Score™ of 93/100 and a GF Value™ of ﷼111.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 646 Travel & Leisure companies, Makkah Construction & Development Co ranks worse than 73.07% on this metric.

As of today (2026-07-25), Makkah Construction & Development Co's current share price is ﷼85.45. Makkah Construction & Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼32.93. Makkah Construction & Development Co's Cyclically Adjusted PB Ratio for today is 2.59.

The historical rank and industry rank for Makkah Construction & Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:4100' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.78   Max: 3.14
Current: 2.59

During the past years, Makkah Construction & Development Co's highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 1.41. And the median was 1.78.

SAU:4100's Cyclically Adjusted PB Ratio is ranked worse than
73.07% of 646 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs SAU:4100: 2.59

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.

Makkah Construction & Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was ﷼20.430. 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 ﷼32.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makkah Construction & Development Co  (SAU:4100) 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.


Makkah Construction & Development Co Cyclically Adjusted PB Ratio Related Terms


Makkah Construction & Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Makkah Construction & Development 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.

Makkah Construction & Development Co Cyclically Adjusted PB Ratio Chart

Makkah Construction & Development Co Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.87 1.71 2.73 2.38

Makkah Construction & Development Co Quarterly Data
Jan21 Jun21 Sep21 Jan22 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 3.10 2.63 2.58 2.38 2.56

SAU:4100 vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Makkah Construction & Development 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.


Makkah Construction & Development Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Makkah Construction & Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Makkah Construction & Development Co's Cyclically Adjusted PB Ratio falls into.


SAU:4100
93GF Score
Makkah Construction & Development Co SAU:4100
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makkah Construction & Development 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.

Makkah Construction & Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.45/32.93
=2.59

* 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.

Makkah Construction & Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Makkah Construction & Development 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)
=20.43/330.2130*330.2130
=20.430

Current CPI (Mar. 2026) = 330.2130.

Makkah Construction & Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201510 44.392 237.838 61.634
201601 32.616 236.916 45.460
201604 40.844 239.261 56.370
201607 39.925 240.628 54.789
201610 39.071 241.729 53.373
201701 43.400 242.839 59.015
201704 42.517 244.524 57.416
201707 41.921 244.786 56.551
201710 39.449 246.663 52.811
201801 38.141 247.867 50.812
201804 32.746 250.546 43.158
201807 29.254 252.006 38.333
201810 27.362 252.885 35.729
201901 25.105 251.712 32.934
201904 24.838 255.548 32.095
201907 22.080 256.571 28.417
201910 21.246 257.346 27.262
202001 22.320 257.971 28.570
202004 19.571 256.389 25.206
202007 18.854 259.101 24.029
202101 21.486 261.582 27.123
202106 24.252 271.696 29.475
202109 23.277 274.310 28.021
202201 16.800 281.148 19.732
202206 21.525 296.311 23.988
202209 18.479 296.808 20.559
202212 16.800 296.797 18.691
202303 18.737 301.836 20.499
202306 21.361 305.109 23.119
202309 20.574 307.789 22.073
202312 20.458 306.746 22.023
202403 23.338 312.332 24.674
202406 21.176 314.175 22.257
202409 22.063 315.301 23.106
202412 20.272 315.605 21.210
202503 24.064 319.799 24.848
202506 20.350 322.561 20.833
202509 20.494 324.800 20.836
202512 19.202 324.054 19.567
202603 20.430 330.213 20.430

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 2.59 mean?
Makkah Construction & Development Co (SAU:4100) has a Cyclically Adjusted PB Ratio of 2.59 as of Jul. 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 Makkah Construction & Development Co and its competitors. This is 46% above median its historical median of 1.78. Over the past decade, Makkah Construction & Development Co's Cyclically Adjusted PB Ratio has ranged from 1.41 to 3.14. According to the industry distribution chart, Makkah Construction & Development Co ranks #472 out of 646 companies in the Travel & Leisure industry, placing it in the top 73.1%.
Is Makkah Construction & Development Co's Cyclically Adjusted PB Ratio too high?
Makkah Construction & Development Co's current Cyclically Adjusted PB Ratio of 2.59 is 46% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 3.14. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Makkah Construction & Development Co's value of 2.59 is 115.8% above this industry median. Based on the distribution chart, Makkah Construction & Development Co ranks #472 out of 646 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Makkah Construction & Development Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makkah Construction & Development Co's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Makkah Construction & Development Co ranks #472 out of 646 companies for Cyclically Adjusted PB Ratio. This places Makkah Construction & Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Makkah Construction & Development Co's value of 2.59 is 115.8% above this benchmark. Historically, Makkah Construction & Development Co's own Cyclically Adjusted PB Ratio has ranged from 1.41 to 3.14 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.20, Makkah Construction & Development 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 646 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. Makkah Construction & Development Co's current Cyclically Adjusted PB Ratio of 2.59 is 115.8% 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 Makkah Construction & Development Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makkah Construction & Development Co's current Cyclically Adjusted PB Ratio is 2.59, which is 46% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makkah Construction & Development Co stock overvalued right now?
Based on GuruFocus' analysis, Makkah Construction & Development Co (SAU:4100) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼111.35, compared to a current price of ﷼85.45 — trading 23.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.59, which is 46% above median its 10-year median of 1.78 and 115.8% above the Travel & Leisure industry median of 1.20. Makkah Construction & Development Co's overall GF Score™ is 93/100 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 Makkah Construction & Development Co (SAU:4100), the current Cyclically Adjusted PB Ratio is 2.59 as of Jul. 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 Makkah Construction & Development Co (SAU:4100) Overvalued in 2026?

Based on GuruFocus' analysis, Makkah Construction & Development Co stock appears to be undervalued. The current stock price of ﷼85.45 is trading 23.3% below its estimated GF Value™ of ﷼111.35. GuruFocus considers Makkah Construction & Development Co to be Modestly Undervalued.

Key valuation signals for SAU:4100:

  • Cyclically Adjusted PB Ratio: 2.59 (46% above median its 10-year median of 1.78)
  • GF Value™: ﷼111.35 vs. price of ﷼85.45 (23.3% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 115.8% above the Travel & Leisure median (#472 of 646)

No single metric tells the full story. See the SAU:4100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makkah Construction & Development Co Business Description

Address Third Al-Dairi Road, Building 2779, Holy Makkah Al Mukarramah, Al-Shuqayyah District, Mecca, SAU, 24351
Makkah Construction & Development Co is engaged in developing construction projects such as developing facilities near the Holy Mosque of Makkah. The company's objectives are to Build up the areas around Makkah Holy mosque, own, develop, operate, and invest in the real estate around Makkah Holy mosque, and carry out all engineering works, survey, demolishing & construction works for the company projects. The segments of the company include: The Commercial Center; Hotels and towers; Hajj and Umrah; Investment sector; and Other (not specified). It derives maximum revenue from Hotels and Towers segment. The projects of the company include: Jabal Omar Development Company; Masar Project; and Jarahm Project.
93GF Score

Get the complete analysis for SAU:4100

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

﷼85.45
Price
﷼111.35
GF Value