Ades Holding Co (SAU:2382) PB Ratio: 2.94 (As of Jul. 25, 2026) — Near 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.

SAU:2382 Ades Holding Co SAU:2382
11 GF Score
Price ﷼18.00
! 9 Warning Signs
View Full Analysis

What is Ades Holding Co PB Ratio?

Ades Holding Co SAU:2382 +0.73% 11 PB Ratio is 2.94 as of Jul. 25, 2026, which is 4% below its 10-year median of 3.06. GuruFocus rates SAU:2382 with a GF Score™ of 11/100. The stock has 9 warning signs investors should review. Among 925 Oil & Gas companies, Ades Holding Co ranks worse than 78.92% on this metric.

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. As of today (2026-07-25), Ades Holding Co's share price is ﷼18.00. Ades Holding Co's Book Value per Share for the quarter that ended in Mar. 2026 was ﷼6.13. Hence, Ades Holding Co's PB Ratio of today is 2.94.

Warning Sign:

Ades Holding Co stock PB Ratio (=3.02) is close to 1-year high of 3.21.

The historical rank and industry rank for Ades Holding Co's PB Ratio or its related term are showing as below:

SAU:2382' s PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 3.06   Max: 4.79
Current: 2.93

During the past 3 years, Ades Holding Co's highest PB Ratio was 4.79. The lowest was 2.11. And the median was 3.06.

SAU:2382's PB Ratio is ranked worse than
78.92% of 925 companies
in the Oil & Gas industry
Industry Median: 1.46 vs SAU:2382: 2.93

During the past 12 months, Ades Holding Co's average Book Value Per Share Growth Rate was 5.10% per year.

Back to Basics: PB Ratio


Ades Holding Co  (SAU:2382) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Ades Holding Co PB Ratio Related Terms


Ades Holding Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Ades Holding Co's 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.

Ades Holding Co PB Ratio Chart

Ades Holding Co Annual Data
Trend Dec23 Dec24 Dec25
PB Ratio
4.57 2.94 2.84

Ades Holding Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.80 2.29 2.72 2.84 2.95

SAU:2382 vs NE, RIG, VAL: PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Ades Holding 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.


Ades Holding Co PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ades Holding Co's PB Ratio falls into.


SAU:2382
11GF Score
Ades Holding Co SAU:2382
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ades Holding 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.

Ades Holding Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=18.00/6.13
=2.94

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.94 mean?
Ades Holding Co (SAU:2382) has a PB Ratio of 2.94 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ades Holding Co and its competitors. This is near median its historical median of 3.06. Over the past decade, Ades Holding Co's PB Ratio has ranged from 2.11 to 4.79. According to the industry distribution chart, Ades Holding Co ranks #730 out of 925 companies in the Oil & Gas industry, placing it in the top 78.9%.
Is Ades Holding Co's PB Ratio too high?
Ades Holding Co's current PB Ratio of 2.94 is near median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 4.79. The Oil & Gas industry median PB Ratio is 1.46. Ades Holding Co's value of 2.94 is 101.4% above this industry median. Based on the distribution chart, Ades Holding Co ranks #730 out of 925 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Ades Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ades Holding Co's PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ades Holding Co ranks #730 out of 925 companies for PB Ratio. This places Ades Holding Co in the lower half of its industry. The industry median PB Ratio is 1.46. Ades Holding Co's value of 2.94 is 101.4% above this benchmark. Historically, Ades Holding Co's own PB Ratio has ranged from 2.11 to 4.79 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.46, Ades Holding 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.46, based on 925 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. Ades Holding Co's current PB Ratio of 2.94 is 101.4% 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 Ades Holding Co and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ades Holding Co's current PB Ratio is 2.94, which is near median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ades Holding Co stock overvalued right now?
Ades Holding Co (SAU:2382) has a current PB Ratio of 2.94. The current PB Ratio is 2.94, which is near median its 10-year median of 3.06 and 101.4% above the Oil & Gas industry median of 1.46. Ades Holding Co's overall GF Score™ is 11/100 with 9 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 Ades Holding Co (SAU:2382), the current PB Ratio is 2.94 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.

Ades Holding Co Business Description

Industry EnergyOil & Gas
Address 429 Prince Turki Street, Al Zamil House, Al Corniche District, Al Khobar, SAU, 2203
Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
11GF Score

Get the complete analysis for SAU:2382

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

﷼18.00
Price