Emaar the Economic City JSC (SAU:4220) Cyclically Adjusted PS Ratio: 3.77 (As of Aug. 24, 2026) — 40% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SAU:4220 Emaar the Economic City JSC SAU:4220
63 GF Score
Price ﷼9.72
GF Value ﷼19.43
Valuation Possible Value Trap
! 5 Warning Signs
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What is Emaar the Economic City JSC Cyclically Adjusted PS Ratio?

Emaar the Economic City JSC SAU:4220 -0.92% 63 Cyclically Adjusted PS Ratio is 3.77 as of Aug. 24, 2026, which is 40% below its 10-year median of 6.24. GuruFocus rates SAU:4220 with a GF Score™ of 63/100 and a GF Value™ of ﷼19.43 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,367 Real Estate companies, Emaar the Economic City JSC ranks worse than 69.64% on this metric.

As of today (2026-08-24), Emaar the Economic City JSC's current share price is ﷼9.72. Emaar the Economic City JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ﷼2.58. Emaar the Economic City JSC's Cyclically Adjusted PS Ratio for today is 3.77.

The historical rank and industry rank for Emaar the Economic City JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

SAU:4220' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.1   Med: 6.24   Max: 10.26
Current: 3.8

During the past years, Emaar the Economic City JSC's highest Cyclically Adjusted PS Ratio was 10.26. The lowest was 3.10. And the median was 6.24.

SAU:4220's Cyclically Adjusted PS Ratio is ranked worse than
69.64% of 1367 companies
in the Real Estate industry
Industry Median: 1.78 vs SAU:4220: 3.80

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.

Emaar the Economic City JSC's adjusted revenue per share data for the three months ended in Jun. 2026 was ﷼0.144. 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 ﷼2.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emaar the Economic City JSC  (SAU:4220) 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.


Emaar the Economic City JSC Cyclically Adjusted PS Ratio Related Terms


Emaar the Economic City JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC Cyclically Adjusted PS Ratio Chart

Emaar the Economic City JSC 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 9.13 6.37 5.70 6.70 3.63

Emaar the Economic City 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 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 4.81 4.93 3.63 3.56 3.87

Emaar the Economic City JSC Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.


Emaar the Economic City JSC Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's Cyclically Adjusted PS Ratio falls into.


SAU:4220
63GF Score
Emaar the Economic City JSC SAU:4220
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emaar the Economic City JSC 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.

Emaar the Economic City JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.72/2.58
=3.77

* 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.

Emaar the Economic City JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Emaar the Economic City JSC's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.144/333.9520*333.9520
=0.144

Current CPI (Jun. 2026) = 333.9520.

Emaar the Economic City JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.503 241.428 2.079
201612 2.158 241.432 2.985
201703 0.811 243.801 1.111
201706 0.569 244.955 0.776
201709 0.647 246.819 0.875
201712 1.600 246.524 2.167
201803 0.715 249.554 0.957
201806 0.666 251.989 0.883
201809 0.292 252.439 0.386
201812 0.947 251.233 1.259
201903 0.893 254.202 1.173
201906 0.554 256.143 0.722
201909 0.409 256.759 0.532
201912 0.557 256.974 0.724
202003 0.523 258.115 0.677
202006 0.365 257.797 0.473
202009 0.338 260.280 0.434
202012 0.168 260.474 0.215
202103 0.213 264.877 0.269
202106 0.224 271.696 0.275
202109 0.219 274.310 0.267
202112 0.219 278.802 0.262
202203 0.166 287.504 0.193
202206 0.150 296.311 0.169
202209 0.118 296.808 0.133
202212 0.261 296.797 0.294
202303 0.300 301.836 0.332
202306 0.819 305.109 0.896
202309 0.652 307.789 0.707
202312 0.201 306.746 0.219
202403 0.142 312.332 0.152
202406 0.145 314.175 0.154
202409 0.173 315.301 0.183
202412 0.353 315.605 0.374
202503 0.389 319.799 0.406
202506 0.226 322.561 0.234
202509 0.685 324.800 0.704
202512 0.819 324.054 0.844
202603 0.178 330.213 0.180
202606 0.144 333.952 0.144

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 3.77 mean?
Emaar the Economic City JSC (SAU:4220) has a Cyclically Adjusted PS Ratio of 3.77 as of Aug. 24, 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 Emaar the Economic City JSC and its competitors. This is 40% below median its historical median of 6.24. Over the past decade, Emaar the Economic City JSC's Cyclically Adjusted PS Ratio has ranged from 3.10 to 10.26. According to the industry distribution chart, Emaar the Economic City JSC ranks #952 out of 1367 companies in the Real Estate industry, placing it in the top 69.6%.
Is Emaar the Economic City JSC's Cyclically Adjusted PS Ratio too high?
Emaar the Economic City JSC's current Cyclically Adjusted PS Ratio of 3.77 is 40% below median its 10-year median of 6.24. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 10.26. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Emaar the Economic City JSC's value of 3.77 is 111.8% above this industry median. Based on the distribution chart, Emaar the Economic City JSC ranks #952 out of 1367 companies in the Real Estate industry, which is below the industry midpoint. Overall, Emaar the Economic City JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emaar the Economic City JSC's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Emaar the Economic City JSC ranks #952 out of 1367 companies for Cyclically Adjusted PS Ratio. This places Emaar the Economic City JSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. Emaar the Economic City JSC's value of 3.77 is 111.8% above this benchmark. Historically, Emaar the Economic City JSC's own Cyclically Adjusted PS Ratio has ranged from 3.10 to 10.26 over the past decade. While the company's 10-year median is 6.24 vs. the industry median of 1.78, Emaar the Economic City JSC 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,367 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. Emaar the Economic City JSC's current Cyclically Adjusted PS Ratio of 3.77 is 111.8% 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 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 Emaar the Economic City JSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar the Economic City JSC's current Cyclically Adjusted PS Ratio is 3.77, which is 40% below median its own 10-year median of 6.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar the Economic City JSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar the Economic City JSC (SAU:4220) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼19.43, compared to a current price of ﷼9.72 — trading 50% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.77, which is 40% below median its 10-year median of 6.24 and 111.8% above the Real Estate industry median of 1.78. Emaar the Economic City JSC's overall GF Score™ is 63/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Emaar the Economic City JSC (SAU:4220), the current Cyclically Adjusted PS Ratio is 3.77 as of Aug. 24, 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 Emaar the Economic City JSC (SAU:4220) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar the Economic City JSC stock appears to be undervalued. The current stock price of ﷼9.72 is trading 50% below its estimated GF Value™ of ﷼19.43. GuruFocus considers Emaar the Economic City JSC to be Possible Value Trap.

Key valuation signals for SAU:4220:

  • Cyclically Adjusted PS Ratio: 3.77 (40% below median its 10-year median of 6.24)
  • GF Value™: ﷼19.43 vs. price of ﷼9.72 (50% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 111.8% above the Real Estate median (#952 of 1367)

No single metric tells the full story. See the SAU:4220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emaar the Economic City JSC Business Description

Address BayLaSun - Juman street, king Abdullah Economic City, unit 1, Rabigh, SAU, 23964
Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties. The company's reportable segments includes Residential business, Industrial development, Hospitality and leisure, Education services, and City operations. Key revenue is derived from its Residential business segment which includes revenue from sale/lease rental income of land and units for residential purposes.
63GF Score

Get the complete analysis for SAU:4220

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

﷼9.72
Price
﷼19.43
GF Value