Emaar the Economic City JSC (SAU:4220) PB Ratio: 0.94 (As of Jul. 27, 2026) — 32% Below Median

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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.
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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:4220 Emaar the Economic City JSC SAU:4220
59 GF Score
Price ﷼9.73
GF Value ﷼22.65
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Emaar the Economic City JSC PB Ratio?

Emaar the Economic City JSC SAU:4220 -0.21% 59 PB Ratio is 0.94 as of Jul. 27, 2026, which is 32% below its 10-year median of 1.39. GuruFocus rates SAU:4220 with a GF Score™ of 59/100 and a GF Value™ of ﷼22.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, Emaar the Economic City JSC ranks worse than 57.38% 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 (2026-07-27), Emaar the Economic City JSC's share price is ﷼9.73. Emaar the Economic City JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ﷼10.38. Hence, Emaar the Economic City JSC's PB Ratio of today is 0.94.

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

SAU:4220' s PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.39   Max: 2.81
Current: 0.94

During the past 13 years, Emaar the Economic City JSC's highest PB Ratio was 2.81. The lowest was 0.80. And the median was 1.39.

SAU:4220's PB Ratio is ranked worse than
57.38% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs SAU:4220: 0.94

During the past 12 months, Emaar the Economic City JSC's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emaar the Economic City JSC was 3.70% per year. The lowest was -12.20% per year. And the median was -3.30% per year.

Back to Basics: PB Ratio


Emaar the Economic City JSC  (SAU:4220) 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.


Emaar the Economic City JSC PB Ratio Related Terms


Emaar the Economic City JSC PB Ratio Historical Data

* Premium members only.

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

Emaar the Economic City JSC PB Ratio Chart

Emaar the Economic City JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.42 1.41 1.88 0.95

Emaar the Economic City JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 1.38 1.47 0.95 0.94

Emaar the Economic City JSC PB Ratio Competitor Comparison

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


Emaar the Economic City JSC PB Ratio vs Real Estate Industry

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

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


SAU:4220
59GF Score
Emaar the Economic City JSC SAU:4220
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emaar the Economic City JSC 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.

Emaar the Economic City JSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.73/10.382
=0.94

* 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 0.94 mean?
Emaar the Economic City JSC (SAU:4220) has a PB Ratio of 0.94 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Emaar the Economic City JSC and its competitors. This is 32% below median its historical median of 1.39. Over the past decade, Emaar the Economic City JSC's PB Ratio has ranged from 0.80 to 2.81. According to the industry distribution chart, Emaar the Economic City JSC ranks #983 out of 1713 companies in the Real Estate industry, placing it in the top 57.4%.
Is Emaar the Economic City JSC's PB Ratio too high?
Emaar the Economic City JSC's current PB Ratio of 0.94 is 32% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.81. The Real Estate industry median PB Ratio is 0.81. Emaar the Economic City JSC's value of 0.94 is 16% above this industry median. Based on the distribution chart, Emaar the Economic City JSC ranks #983 out of 1713 companies in the Real Estate industry, which is below the industry midpoint. Overall, Emaar the Economic City JSC has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emaar the Economic City JSC's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Emaar the Economic City JSC ranks #983 out of 1713 companies for PB Ratio. This places Emaar the Economic City JSC in the lower half of its industry. The industry median PB Ratio is 0.81. Emaar the Economic City JSC's value of 0.94 is 16% above this benchmark. Historically, Emaar the Economic City JSC's own PB Ratio has ranged from 0.80 to 2.81 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.81, 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 PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Emaar the Economic City JSC's current PB Ratio of 0.94 is 16% 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 Emaar the Economic City JSC and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar the Economic City JSC's current PB Ratio is 0.94, which is 32% below median its own 10-year median of 1.39. 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 ﷼22.65, compared to a current price of ﷼9.73 — trading 57% below its estimated fair value. The current PB Ratio is 0.94, which is 32% below median its 10-year median of 1.39 and 16% above the Real Estate industry median of 0.81. Emaar the Economic City JSC's overall GF Score™ is 59/100 with 6 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 Emaar the Economic City JSC (SAU:4220), the current PB Ratio is 0.94 as of Jul. 27, 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 ﷼9.73 is trading 57% below its estimated GF Value™ of ﷼22.65. GuruFocus considers Emaar the Economic City JSC to be Possible Value Trap.

Key valuation signals for SAU:4220:

  • PB Ratio: 0.94 (32% below median its 10-year median of 1.39)
  • GF Value™: ﷼22.65 vs. price of ﷼9.73 (57% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 16% above the Real Estate median (#983 of 1713)

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.
59GF Score

Get the complete analysis for SAU:4220

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

﷼9.73
Price
﷼22.65
GF Value