National Co for Glass Industries (SAU:2150) Cyclically Adjusted Book per Share: ﷼23.96 (As of Mar. 2026)

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:2150 National Co for Glass Industries SAU:2150
71 GF Score
Price ﷼36.00
GF Value ﷼39.20
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is National Co for Glass Industries Cyclically Adjusted Book per Share?

National Co for Glass Industries SAU:2150 -0.33% 71 Cyclically Adjusted Book per Share is ﷼23.96 as of Mar. 2026. GuruFocus rates SAU:2150 with a GF Score™ of 71/100 and a GF Value™ of ﷼39.20 (Fairly Valued). The stock has 3 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 Co for Glass Industries's adjusted book value per share for the three months ended in Mar. 2026 was ﷼25.215. 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 ﷼23.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Co for Glass Industries's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Co for Glass Industries was 2.90% per year. The lowest was 1.70% per year. And the median was 2.30% per year.

As of today (2026-07-30), National Co for Glass Industries's current stock price is ﷼36.00. National Co for Glass Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼23.96. National Co for Glass Industries's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Co for Glass Industries was 2.45. The lowest was 1.29. And the median was 1.75.


National Co for Glass Industries  (SAU:2150) 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 Co for Glass Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/23.96
=1.50

* 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 Co for Glass Industries was 2.45. The lowest was 1.29. And the median was 1.75.


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 Co for Glass Industries Cyclically Adjusted Book per Share Related Terms


National Co for Glass Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for National Co for Glass Industries'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 Co for Glass Industries Cyclically Adjusted Book per Share Chart

National Co for Glass Industries 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 21.34 22.44 22.96 23.23 23.57

National Co for Glass Industries 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 23.41 23.54 23.65 23.57 23.96

SAU:2150 vs SW, PKG, IP: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, National Co for Glass Industries'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 Co for Glass Industries Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, National Co for Glass Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SAU:2150
71GF Score
National Co for Glass Industries SAU:2150
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Co for Glass Industries 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 Co for Glass Industries'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)
=25.215/330.2130*330.2130
=25.215

Current CPI (Mar. 2026) = 330.2130.

National Co for Glass Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.546 241.018 26.780
201609 18.926 241.428 25.886
201612 18.496 241.432 25.297
201703 19.055 243.801 25.809
201706 21.222 244.955 28.608
201709 19.300 246.819 25.821
201712 19.457 246.524 26.062
201803 19.526 249.554 25.837
201806 19.329 251.989 25.329
201809 19.771 252.439 25.862
201812 19.833 251.233 26.068
201903 19.911 254.202 25.865
201906 19.080 256.143 24.597
201909 18.880 256.759 24.281
201912 18.253 256.974 23.455
202003 18.100 258.115 23.156
202006 17.745 257.797 22.730
202009 17.825 260.280 22.614
202012 17.943 260.474 22.747
202103 18.365 264.877 22.895
202106 5.630 271.696 6.843
202109 19.241 274.310 23.162
202112 19.459 278.802 23.047
202203 20.031 287.504 23.007
202206 20.659 296.311 23.023
202209 21.275 296.808 23.669
202212 21.024 296.797 23.391
202303 21.285 301.836 23.286
202306 21.297 305.109 23.049
202309 21.183 307.789 22.726
202312 21.933 306.746 23.611
202403 22.131 312.332 23.398
202406 22.943 314.175 24.114
202409 23.108 315.301 24.201
202412 22.927 315.605 23.988
202503 23.477 319.799 24.242
202506 24.085 322.561 24.656
202509 24.244 324.800 24.648
202512 24.971 324.054 25.446
202603 25.215 330.213 25.215

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 ﷼23.96 mean?
National Co for Glass Industries (SAU:2150) has a Cyclically Adjusted Book per Share of ﷼23.96 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 Co for Glass Industries and its competitors.
Is National Co for Glass Industries' Cyclically Adjusted Book per Share too high?
National Co for Glass Industries' current Cyclically Adjusted Book per Share is ﷼23.96. Overall, National Co for Glass Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Co for Glass Industries' Cyclically Adjusted Book per Share compare to SW and PKG?
National Co for Glass Industries' Cyclically Adjusted Book per Share of ﷼23.96 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers 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 Co for Glass Industries and its competitors. National Co for Glass Industries's current Cyclically Adjusted Book per Share is ﷼23.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Co for Glass Industries stock overvalued right now?
Based on GuruFocus' analysis, National Co for Glass Industries (SAU:2150) is currently considered Fairly Valued. The stock's GF Value™ is ﷼39.20, compared to a current price of ﷼36.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ﷼23.96. National Co for Glass Industries' overall GF Score™ is 71/100 with 3 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 Co for Glass Industries (SAU:2150), the current Cyclically Adjusted Book per Share is ﷼23.96 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 Co for Glass Industries (SAU:2150) Overvalued in 2026?

Based on GuruFocus' analysis, National Co for Glass Industries stock appears to be undervalued. The current stock price of ﷼36.00 is trading 8.2% below its estimated GF Value™ of ﷼39.20. GuruFocus considers National Co for Glass Industries to be Fairly Valued.

Key valuation signals for SAU:2150:

  • Cyclically Adjusted Book per Share: ﷼23.96
  • GF Value™: ﷼39.20 vs. price of ﷼36.00 (8.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the SAU:2150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Co for Glass Industries Business Description

Address Building number 8317, unit number 5, PO Box 88646, Saudi Second Industrial City, Riyadh, SAU, 11672
National Co for Glass Industries is a company whose principal activity is the manufacture and sale of returnable and non-returnable glass bottles and float glass. It owns two factories in Riyadh and Dammam. The company also invests in the flat glass industry through its associate company.
71GF Score

Get the complete analysis for SAU:2150

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

﷼36.00
Price
﷼39.20
GF Value