Tabreed PJSC (DFM:TABREED) Cyclically Adjusted PS Ratio: 3.54 (As of Jul. 26, 2026) — 34% 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.

DFM:TABREED Tabreed PJSC DFM:TABREED
86 GF Score
Price د.إ2.62
GF Value د.إ3.13
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Tabreed PJSC Cyclically Adjusted PS Ratio?

Tabreed PJSC DFM:TABREED +4.38% 86 Cyclically Adjusted PS Ratio is 3.54 as of Jul. 26, 2026, which is 34% below its 10-year median of 5.33. GuruFocus rates DFM:TABREED with a GF Score™ of 86/100 and a GF Value™ of د.إ3.13 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 442 Utilities - Regulated companies, Tabreed PJSC ranks worse than 83.94% on this metric.

As of today (2026-07-26), Tabreed PJSC's current share price is د.إ2.62. Tabreed PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was د.إ0.74. Tabreed PJSC's Cyclically Adjusted PS Ratio for today is 3.54.

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

DFM:TABREED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.43   Med: 5.33   Max: 7.2
Current: 3.56

During the past years, Tabreed PJSC's highest Cyclically Adjusted PS Ratio was 7.20. The lowest was 3.43. And the median was 5.33.

DFM:TABREED's Cyclically Adjusted PS Ratio is ranked worse than
83.94% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.46 vs DFM:TABREED: 3.56

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.

Tabreed PJSC's adjusted revenue per share data for the three months ended in Mar. 2026 was د.إ0.171. 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.إ0.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tabreed PJSC  (DFM:TABREED) 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.


Tabreed PJSC Cyclically Adjusted PS Ratio Related Terms


Tabreed PJSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tabreed PJSC'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.

Tabreed PJSC Cyclically Adjusted PS Ratio Chart

Tabreed PJSC 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 5.62 5.81 6.12 4.56 4.38

Tabreed PJSC 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 4.02 4.13 4.08 4.38 3.60

DFM:TABREED vs AWK, WTRG, AWR: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, Tabreed PJSC'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.


Tabreed PJSC Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DFM:TABREED
86GF Score
Tabreed PJSC DFM:TABREED
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tabreed PJSC 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.

Tabreed PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.62/0.74
=3.54

* 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.

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

For example, Tabreed PJSC'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)
=0.171/330.2130*330.2130
=0.171

Current CPI (Mar. 2026) = 330.2130.

Tabreed PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.114 241.018 0.156
201609 0.134 241.428 0.183
201612 0.047 241.432 0.064
201703 0.095 243.801 0.129
201706 0.130 244.955 0.175
201709 0.144 246.819 0.193
201712 0.020 246.524 0.027
201803 0.097 249.554 0.128
201806 0.132 251.989 0.173
201809 0.155 252.439 0.203
201812 0.032 251.233 0.042
201903 0.102 254.202 0.132
201906 0.132 256.143 0.170
201909 0.160 256.759 0.206
201912 0.021 256.974 0.027
202003 0.103 258.115 0.132
202006 0.146 257.797 0.187
202009 0.193 260.280 0.245
202012 0.170 260.474 0.216
202103 0.126 264.877 0.157
202106 0.180 271.696 0.219
202109 0.210 274.310 0.253
202112 0.173 278.802 0.205
202203 0.148 287.504 0.170
202206 0.196 296.311 0.218
202209 0.241 296.808 0.268
202212 0.196 296.797 0.218
202303 0.163 301.836 0.178
202306 0.212 305.109 0.229
202309 0.266 307.789 0.285
202312 0.209 306.746 0.225
202403 0.165 312.332 0.174
202406 0.215 314.175 0.226
202409 0.269 315.301 0.282
202412 0.207 315.605 0.217
202503 0.164 319.799 0.169
202506 0.226 322.561 0.231
202509 0.267 324.800 0.271
202512 0.208 324.054 0.212
202603 0.171 330.213 0.171

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 3.54 mean?
Tabreed PJSC (DFM:TABREED) has a Cyclically Adjusted PS Ratio of 3.54 as of Jul. 26, 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 Tabreed PJSC and its competitors. This is 34% below median its historical median of 5.33. Over the past decade, Tabreed PJSC's Cyclically Adjusted PS Ratio has ranged from 3.43 to 7.20. According to the industry distribution chart, Tabreed PJSC ranks #371 out of 442 companies in the Utilities - Regulated industry, placing it in the top 83.9%.
Is Tabreed PJSC's Cyclically Adjusted PS Ratio too high?
Tabreed PJSC's current Cyclically Adjusted PS Ratio of 3.54 is 34% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 7.20. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.46. Tabreed PJSC's value of 3.54 is 142.5% above this industry median. Based on the distribution chart, Tabreed PJSC ranks #371 out of 442 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Tabreed PJSC has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tabreed PJSC's Cyclically Adjusted PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Tabreed PJSC ranks #371 out of 442 companies for Cyclically Adjusted PS Ratio. This places Tabreed PJSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.46. Tabreed PJSC's value of 3.54 is 142.5% above this benchmark. Historically, Tabreed PJSC's own Cyclically Adjusted PS Ratio has ranged from 3.43 to 7.20 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 1.46, Tabreed PJSC 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 PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.46, based on 442 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. Tabreed PJSC's current Cyclically Adjusted PS Ratio of 3.54 is 142.5% 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 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 Tabreed PJSC and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabreed PJSC's current Cyclically Adjusted PS Ratio is 3.54, which is 34% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabreed PJSC stock overvalued right now?
Based on GuruFocus' analysis, Tabreed PJSC (DFM:TABREED) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.13, compared to a current price of د.إ2.62 — trading 16.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.54, which is 34% below median its 10-year median of 5.33 and 142.5% above the Utilities - Regulated industry median of 1.46. Tabreed PJSC's overall GF Score™ is 86/100 with 9 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 Tabreed PJSC (DFM:TABREED), the current Cyclically Adjusted PS Ratio is 3.54 as of Jul. 26, 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 Tabreed PJSC (DFM:TABREED) Overvalued in 2026?

Based on GuruFocus' analysis, Tabreed PJSC stock appears to be undervalued. The current stock price of د.إ2.62 is trading 16.3% below its estimated GF Value™ of د.إ3.13. GuruFocus considers Tabreed PJSC to be Modestly Undervalued.

Key valuation signals for DFM:TABREED:

  • Cyclically Adjusted PS Ratio: 3.54 (34% below median its 10-year median of 5.33)
  • GF Value™: د.إ3.13 vs. price of د.إ2.62 (16.3% below fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 142.5% above the Utilities - Regulated median (#371 of 442)

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


Tabreed PJSC Business Description

Address P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.
86GF Score

Get the complete analysis for DFM:TABREED

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

د.إ2.62
Price
د.إ3.13
GF Value