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SAU:2370'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.56 Max: 3.93
Current: 2.25
During the past 13 years, Middle East Specialized Cables Co's highest PB Ratio was 3.93. The lowest was 0.75. And the median was 1.56.
SAU:2370's PB Ratio is ranked worse than 54.38% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs SAU:2370: 2.25
During the past 12 months, Middle East Specialized Cables Co's average Book Value Per Share Growth Rate was 13.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Middle East Specialized Cables Co was 18.00% per year. The lowest was -23.80% per year. And the median was -1.10% per year.
Back to Basics: PB Ratio
Middle East Specialized Cables Co (SAU:2370) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Middle East Specialized Cables Co PB Ratio Related Terms
Middle East Specialized Cables Co PB Ratio Historical Data
* 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.
For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co's PB Ratio, along with its competitors' market caps and 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.
Middle East Specialized Cables Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Middle East Specialized Cables Co's PB Ratio falls into.
Middle East Specialized Cables Co PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Middle East Specialized Cables Co (SAU:2370) has a PB Ratio of 2.24 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Middle East Specialized Cables Co and its competitors. This is 44% above median its historical median of 1.56. Over the past decade, Middle East Specialized Cables Co's PB Ratio has ranged from 0.75 to 3.93. According to the industry distribution chart, Middle East Specialized Cables Co ranks #1620 out of 2979 companies in the Industrial Products industry, placing it in the top 54.4%.
Is Middle East Specialized Cables Co's PB Ratio too high?
Middle East Specialized Cables Co's current PB Ratio of 2.24 is 44% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.93. The Industrial Products industry median PB Ratio is 2.10. Middle East Specialized Cables Co's value of 2.24 is 6.7% above this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #1620 out of 2979 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Middle East Specialized Cables Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middle East Specialized Cables Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #1620 out of 2979 companies for PB Ratio. This places Middle East Specialized Cables Co in the lower half of its industry. The industry median PB Ratio is 2.10. Middle East Specialized Cables Co's value of 2.24 is 6.7% above this benchmark. Historically, Middle East Specialized Cables Co's own PB Ratio has ranged from 0.75 to 3.93 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.10, Middle East Specialized Cables 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 PB Ratio for an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middle East Specialized Cables Co's current PB Ratio of 2.24 is 6.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Middle East Specialized Cables Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middle East Specialized Cables Co's current PB Ratio is 2.24, which is 44% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middle East Specialized Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Middle East Specialized Cables Co (SAU:2370) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼42.20, compared to a current price of ﷼31.22 — trading 26% below its estimated fair value. The current PB Ratio is 2.24, which is 44% above median its 10-year median of 1.56 and 6.7% above the Industrial Products industry median of 2.10. Middle East Specialized Cables Co's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Middle East Specialized Cables Co (SAU:2370), the current PB Ratio is 2.24 as of Jul. 22, 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 Middle East Specialized Cables Co (SAU:2370) Overvalued in 2026?
Based on GuruFocus' analysis, Middle East Specialized Cables Co stock appears to be undervalued.
The current stock price of ﷼31.22 is trading 26% below its estimated GF Value™ of ﷼42.20.
GuruFocus considers Middle East Specialized Cables Co to be Modestly Undervalued.
Key valuation signals for SAU:2370:
PB Ratio: 2.24 (44% above median its 10-year median of 1.56)
GF Value™: ﷼42.20 vs. price of ﷼31.22 (26% below fair value)
Industry Position: 6.7% above the Industrial Products median (#1620 of 2979)
No single metric tells the full story. See the SAU:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Middle East Specialized Cables Co Business Description
Middle East Specialized Cables Co is engaged in the manufacture of fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables. It manufactures Industrial cables that consist of instrumentation data & control cables, which are used in industrial projects, refineries, and petrochemical plants to remotely control the data and measurements. Its control cables consist of telephone, computer cables specialized to transfer data and radio signals, and telecommunications widely used in hotels, hospitals, and commercial buildings. Geographically, it generates the majority of its revenue from Saudi Arabia.
77GF Score
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