National Industrialization Co (SAU:2060) Cyclically Adjusted Book per Share: ﷼15.71 (As of Mar. 2026)

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SAU:2060 National Industrialization Co SAU:2060
49 GF Score
Price ﷼9.07
GF Value ﷼8.39
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is National Industrialization Co Cyclically Adjusted Book per Share?

National Industrialization Co SAU:2060 -0.33% 49 Cyclically Adjusted Book per Share is ﷼15.71 as of Mar. 2026. GuruFocus rates SAU:2060 with a GF Score™ of 49/100 and a GF Value™ of ﷼8.39 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

National Industrialization Co's adjusted book value per share for the three months ended in Mar. 2026 was ﷼11.190. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ﷼15.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Industrialization Co's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of National Industrialization Co was 1.50% per year. The lowest was -1.60% per year. And the median was -0.40% per year.

As of today (2026-07-23), National Industrialization Co's current stock price is ﷼9.07. National Industrialization Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼15.71. National Industrialization Co's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Industrialization Co was 1.60. The lowest was 0.54. And the median was 0.77.


National Industrialization Co  (SAU:2060) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

National Industrialization Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.07/15.71
=0.58

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Industrialization Co was 1.60. The lowest was 0.54. And the median was 0.77.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


National Industrialization Co Cyclically Adjusted Book per Share Related Terms


National Industrialization Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for National Industrialization Co's Cyclically Adjusted Book per Share 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.

National Industrialization Co Cyclically Adjusted Book per Share Chart

National Industrialization Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.68 16.30 15.98 15.49 15.54

National Industrialization Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 15.58 15.63 15.66 15.54 15.71

SAU:2060 vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, National Industrialization Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


National Industrialization Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, National Industrialization Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National Industrialization Co's Cyclically Adjusted PB Ratio falls into.


SAU:2060
49GF Score
National Industrialization Co SAU:2060
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industrialization Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, National Industrialization Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.19/330.2130*330.2130
=11.190

Current CPI (Mar. 2026) = 330.2130.

National Industrialization Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.975 241.018 16.407
201609 12.044 241.428 16.473
201612 10.960 241.432 14.990
201703 11.342 243.801 15.362
201706 11.436 244.955 15.416
201709 11.931 246.819 15.962
201712 12.485 246.524 16.723
201803 13.186 249.554 17.448
201806 13.532 251.989 17.733
201809 13.810 252.439 18.065
201812 13.974 251.233 18.367
201903 14.286 254.202 18.558
201906 14.897 256.143 19.205
201909 14.909 256.759 19.174
201912 11.700 256.974 15.035
202003 11.300 258.115 14.456
202006 11.202 257.797 14.349
202009 11.207 260.280 14.218
202012 10.868 260.474 13.778
202103 11.379 264.877 14.186
202106 12.039 271.696 14.632
202109 12.452 274.310 14.990
202112 13.009 278.802 15.408
202203 14.087 287.504 16.180
202206 14.248 296.311 15.878
202209 14.242 296.808 15.845
202212 14.374 296.797 15.992
202303 14.507 301.836 15.871
202306 14.463 305.109 15.653
202309 14.428 307.789 15.479
202312 14.466 306.746 15.573
202403 14.248 312.332 15.064
202406 14.255 314.175 14.983
202409 14.508 315.301 15.194
202412 14.433 315.605 15.101
202503 15.674 319.799 16.184
202506 15.667 322.561 16.039
202509 14.910 324.800 15.158
202512 11.701 324.054 11.923
202603 11.190 330.213 11.190

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ﷼15.71 mean?
National Industrialization Co (SAU:2060) has a Cyclically Adjusted Book per Share of ﷼15.71 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on National Industrialization Co and its competitors.
Is National Industrialization Co's Cyclically Adjusted Book per Share too high?
National Industrialization Co's current Cyclically Adjusted Book per Share is ﷼15.71. Overall, National Industrialization Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Industrialization Co's Cyclically Adjusted Book per Share compare to DOW?
National Industrialization Co's Cyclically Adjusted Book per Share of ﷼15.71 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on National Industrialization Co and its competitors. National Industrialization Co's current Cyclically Adjusted Book per Share is ﷼15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industrialization Co stock overvalued right now?
Based on GuruFocus' analysis, National Industrialization Co (SAU:2060) is currently considered Fairly Valued. The stock's GF Value™ is ﷼8.39, compared to a current price of ﷼9.07 — trading 8.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ﷼15.71. National Industrialization Co's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For National Industrialization Co (SAU:2060), the current Cyclically Adjusted Book per Share is ﷼15.71 as of Mar. 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 National Industrialization Co (SAU:2060) Overvalued in 2026?

Based on GuruFocus' analysis, National Industrialization Co stock appears to be overvalued. The current stock price of ﷼9.07 is trading 8.1% above its estimated GF Value™ of ﷼8.39. GuruFocus considers National Industrialization Co to be Fairly Valued.

Key valuation signals for SAU:2060:

  • Cyclically Adjusted Book per Share: ﷼15.71
  • GF Value™: ﷼8.39 vs. price of ﷼9.07 (8.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the SAU:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Industrialization Co Business Description

Address Eastern Ring Road, P.O. Box 26707, The Business Gate, Building No. C3, Qurtuba Area, Riyadh, SAU, 11496
National Industrialization Co is engaged in industrial investment and transfer of advanced industrial technology to the Kingdom of Saudi Arabia. The Group operates in the manufacturing and marketing of products in various segments including petrochemicals, chemicals, metals, wires, plastics and industrial and automotive batteries. Additionally, the Group also provides the technical industrial services to engineering and mechanical sectors. It provides technical testing to equipment, and industrial, chemical, petrochemical, and metallurgical plants and water desalination and power generation plants. Its segment consists of Metallurgy, Petrochemicals, Downstream, and Others. The company generates maximum revenue from the Petrochemicals segment. It derives maximum revenue from Saudi Arabia.
49GF Score

Get the complete analysis for SAU:2060

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

﷼9.07
Price
﷼8.39
GF Value