Naeem Holding (DFM:NAHO) Cyclically Adjusted PS Ratio: 2.40 (As of Jul. 12, 2026) — 15% Above Median


DFM:NAHO Naeem Holding DFM:NAHO
59 GF Score
Price د.إ1.85
GF Value د.إ2.17
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Naeem Holding Cyclically Adjusted PS Ratio?

Naeem Holding DFM:NAHO 59 Cyclically Adjusted PS Ratio is 2.40 as of Jul. 12, 2026, which is 15% above its 10-year median of 2.08. GuruFocus rates DFM:NAHO with a GF Score™ of 59/100 and a GF Value™ of د.إ2.17 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 603 Capital Markets companies, Naeem Holding ranks better than 64.18% on this metric.

As of today (2026-07-12), Naeem Holding's current share price is د.إ1.85. Naeem Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was د.إ0.77. Naeem Holding's Cyclically Adjusted PS Ratio for today is 2.40.

The historical rank and industry rank for Naeem Holding's Cyclically Adjusted PS Ratio or its related term are showing as below:

DFM:NAHO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.08   Max: 2.46
Current: 1.97

During the past years, Naeem Holding's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 1.45. And the median was 2.08.

DFM:NAHO's Cyclically Adjusted PS Ratio is ranked better than
64.18% of 603 companies
in the Capital Markets industry
Industry Median: 3.25 vs DFM:NAHO: 1.97

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Naeem Holding's adjusted revenue per share data for the three months ended in Mar. 2026 was د.إ0.021. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is د.إ0.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Naeem Holding  (DFM:NAHO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Naeem Holding Cyclically Adjusted PS Ratio Related Terms


Naeem Holding Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Naeem Holding's Cyclically Adjusted PS 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.

Naeem Holding Cyclically Adjusted PS Ratio Chart

Naeem Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.83 1.65 2.35 2.04

Naeem Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 2.28 2.25 2.19 2.04 2.01

DFM:NAHO vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Naeem Holding's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Naeem Holding Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Naeem Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Naeem Holding's Cyclically Adjusted PS Ratio falls into.


DFM:NAHO
59GF Score
Naeem Holding DFM:NAHO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Naeem Holding Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Naeem Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.85/0.77
=2.40

* 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.

Naeem Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Naeem Holding's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.021/330.2130*330.2130
=0.021

Current CPI (Mar. 2026) = 330.2130.

Naeem Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.075 241.018 0.103
201609 0.145 241.428 0.198
201612 0.237 241.432 0.324
201703 0.036 243.801 0.049
201706 0.093 244.955 0.125
201709 0.027 246.819 0.036
201712 0.031 246.524 0.042
201803 0.013 249.554 0.017
201806 0.051 251.989 0.067
201809 0.016 252.439 0.021
201812 0.027 251.233 0.035
201903 0.036 254.202 0.047
201906 0.011 256.143 0.014
201909 0.006 256.759 0.008
201912 -0.008 256.974 -0.010
202003 0.011 258.115 0.014
202006 0.008 257.797 0.010
202009 0.122 260.280 0.155
202012 0.005 260.474 0.006
202103 0.008 264.877 0.010
202106 0.074 271.696 0.090
202109 0.066 274.310 0.079
202112 0.049 278.802 0.058
202203 0.008 287.504 0.009
202206 0.062 296.311 0.069
202209 0.009 296.808 0.010
202212 0.095 296.797 0.106
202303 0.008 301.836 0.009
202306 0.014 305.109 0.015
202309 0.005 307.789 0.005
202312 0.031 306.746 0.033
202403 0.022 312.332 0.023
202406 0.010 314.175 0.011
202409 0.019 315.301 0.020
202412 0.026 315.605 0.027
202503 0.009 319.799 0.009
202506 0.017 322.561 0.017
202509 0.030 324.800 0.030
202512 0.019 324.054 0.019
202603 0.021 330.213 0.021

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 2.40 mean?
Naeem Holding (DFM:NAHO) has a Cyclically Adjusted PS Ratio of 2.40 as of Jul. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Naeem Holding and its competitors. This is 15% above median its historical median of 2.08. Over the past decade, Naeem Holding's Cyclically Adjusted PS Ratio has ranged from 1.45 to 2.46. According to the industry distribution chart, Naeem Holding ranks #216 out of 603 companies in the Capital Markets industry, placing it in the top 35.8%.
Is Naeem Holding's Cyclically Adjusted PS Ratio too high?
Naeem Holding's current Cyclically Adjusted PS Ratio of 2.40 is 15% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.46. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.25. Naeem Holding's value of 2.40 is 26.2% below this industry median. Based on the distribution chart, Naeem Holding ranks #216 out of 603 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Naeem Holding has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Naeem Holding's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Naeem Holding ranks #216 out of 603 companies for Cyclically Adjusted PS Ratio. This puts Naeem Holding in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.25. Naeem Holding's value of 2.40 is 26.2% below this benchmark. Historically, Naeem Holding's own Cyclically Adjusted PS Ratio has ranged from 1.45 to 2.46 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 3.25, Naeem Holding 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 PS Ratio for a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.25, based on 603 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Naeem Holding's current Cyclically Adjusted PS Ratio of 2.40 is 26.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Naeem Holding and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naeem Holding's current Cyclically Adjusted PS Ratio is 2.40, which is 15% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naeem Holding stock overvalued right now?
Based on GuruFocus' analysis, Naeem Holding (DFM:NAHO) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ2.17, compared to a current price of د.إ1.85 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.40, which is 15% above median its 10-year median of 2.08 and 26.2% below the Capital Markets industry median of 3.25. Naeem Holding's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Naeem Holding (DFM:NAHO), the current Cyclically Adjusted PS Ratio is 2.40 as of Jul. 12, 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 Naeem Holding (DFM:NAHO) Overvalued in 2026?

Based on GuruFocus' analysis, Naeem Holding stock appears to be undervalued. The current stock price of د.إ1.85 is trading 14.7% below its estimated GF Value™ of د.إ2.17. GuruFocus considers Naeem Holding to be Modestly Undervalued.

Key valuation signals for DFM:NAHO:

  • Cyclically Adjusted PS Ratio: 2.40 (15% above median its 10-year median of 2.08)
  • GF Value™: د.إ2.17 vs. price of د.إ1.85 (14.7% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 26.2% below the Capital Markets median (#216 of 603)

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


Naeem Holding Business Description

Other Exchanges NAHO:Egypt
Address Km 28 Cairo Alexandria Road, Building B16, Phase 1, P.O. Box 61, Smart Village, 6th of October City, Giza, EGY, 12577
Naeem Holding is Egypt based company that operates in the financial industry. The services provided by the company are investment banking services, security brokerage, asset management, and securities research. Its business lines are Securities Brokerage, Asset Management, Investment Banking, Gold Trading, and Research.
59GF Score

Get the complete analysis for DFM:NAHO

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

د.إ1.85
Price
د.إ2.17
GF Value