National Gas & Industrialization Co (SAU:2080) Cyclically Adjusted PB Ratio: 2.35 (As of Aug. 23, 2026) — 27% Below Median

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SAU:2080 National Gas & Industrialization Co SAU:2080
80 GF Score
Price ﷼60.10
GF Value ﷼102.15
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is National Gas & Industrialization Co Cyclically Adjusted PB Ratio?

National Gas & Industrialization Co SAU:2080 +0.08% 80 Cyclically Adjusted PB Ratio is 2.35 as of Aug. 23, 2026, which is 27% below its 10-year median of 3.24. GuruFocus rates SAU:2080 with a GF Score™ of 80/100 and a GF Value™ of ﷼102.15 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 757 Oil & Gas companies, National Gas & Industrialization Co ranks worse than 74.77% on this metric.

As of today (2026-08-23), National Gas & Industrialization Co's current share price is ﷼60.10. National Gas & Industrialization Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼25.60. National Gas & Industrialization Co's Cyclically Adjusted PB Ratio for today is 2.35.

The historical rank and industry rank for National Gas & Industrialization Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:2080' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.35   Med: 3.24   Max: 5.02
Current: 2.35

During the past years, National Gas & Industrialization Co's highest Cyclically Adjusted PB Ratio was 5.02. The lowest was 2.35. And the median was 3.24.

SAU:2080's Cyclically Adjusted PB Ratio is ranked worse than
74.77% of 757 companies
in the Oil & Gas industry
Industry Median: 1.23 vs SAU:2080: 2.35

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 Gas & Industrialization Co's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼28.694. 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 ﷼25.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Gas & Industrialization Co  (SAU:2080) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


National Gas & Industrialization Co Cyclically Adjusted PB Ratio Related Terms


National Gas & Industrialization Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for National Gas & Industrialization Co's Cyclically Adjusted 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.

National Gas & Industrialization Co Cyclically Adjusted PB Ratio Chart

National Gas & Industrialization Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.55 3.16 4.38 3.89

National Gas & Industrialization Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 3.28 3.40 3.89 3.34 2.74

SAU:2080 vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, National Gas & 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 Gas & Industrialization Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Gas & Industrialization Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SAU:2080
80GF Score
National Gas & Industrialization Co SAU:2080
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Gas & Industrialization Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

National Gas & Industrialization Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.10/25.60
=2.35

* 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 Gas & Industrialization Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=28.694/333.9520*333.9520
=28.694

Current CPI (Jun. 2026) = 333.9520.

National Gas & Industrialization Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.547 241.428 20.122
201612 14.926 241.432 20.646
201703 15.459 243.801 21.175
201706 15.527 244.955 21.168
201709 15.753 246.819 21.314
201712 21.453 246.524 29.061
201803 15.590 249.554 20.862
201806 15.233 251.989 20.188
201809 15.189 252.439 20.094
201812 21.977 251.233 29.213
201903 24.502 254.202 32.189
201906 24.696 256.143 32.198
201909 24.365 256.759 31.690
201912 20.862 256.974 27.111
202003 20.618 258.115 26.676
202006 -0.135 257.797 -0.175
202009 20.831 260.280 26.727
202012 21.403 260.474 27.441
202103 22.257 264.877 28.061
202106 22.358 271.696 27.481
202109 21.812 274.310 26.554
202112 23.149 278.802 27.728
202203 22.401 287.504 26.020
202206 23.004 296.311 25.926
202209 21.654 296.808 24.364
202212 23.133 296.797 26.029
202303 24.959 301.836 27.615
202306 24.214 305.109 26.503
202309 24.436 307.789 26.513
202312 24.609 306.746 26.792
202403 25.836 312.332 27.624
202406 25.953 314.175 27.587
202409 26.008 315.301 27.546
202412 25.417 315.605 26.895
202503 25.907 319.799 27.054
202506 25.709 322.561 26.617
202509 27.018 324.800 27.779
202512 26.244 324.054 27.046
202603 29.450 330.213 29.783
202606 28.694 333.952 28.694

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

What does a Cyclically Adjusted PB Ratio of 2.35 mean?
National Gas & Industrialization Co (SAU:2080) has a Cyclically Adjusted PB Ratio of 2.35 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on National Gas & Industrialization Co and its competitors. This is 27% below median its historical median of 3.24. Over the past decade, National Gas & Industrialization Co's Cyclically Adjusted PB Ratio has ranged from 2.35 to 5.02. According to the industry distribution chart, National Gas & Industrialization Co ranks #566 out of 757 companies in the Oil & Gas industry, placing it in the top 74.8%.
Is National Gas & Industrialization Co's Cyclically Adjusted PB Ratio too high?
National Gas & Industrialization Co's current Cyclically Adjusted PB Ratio of 2.35 is 27% below median its 10-year median of 3.24. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 5.02. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.23. National Gas & Industrialization Co's value of 2.35 is 91.1% above this industry median. Based on the distribution chart, National Gas & Industrialization Co ranks #566 out of 757 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, National Gas & Industrialization Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Gas & Industrialization Co's Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, National Gas & Industrialization Co ranks #566 out of 757 companies for Cyclically Adjusted PB Ratio. This places National Gas & Industrialization Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. National Gas & Industrialization Co's value of 2.35 is 91.1% above this benchmark. Historically, National Gas & Industrialization Co's own Cyclically Adjusted PB Ratio has ranged from 2.35 to 5.02 over the past decade. While the company's 10-year median is 3.24 vs. the industry median of 1.23, National Gas & Industrialization 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 Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.23, based on 757 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Gas & Industrialization Co's current Cyclically Adjusted PB Ratio of 2.35 is 91.1% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on National Gas & Industrialization Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas & Industrialization Co's current Cyclically Adjusted PB Ratio is 2.35, which is 27% below median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas & Industrialization Co stock overvalued right now?
Based on GuruFocus' analysis, National Gas & Industrialization Co (SAU:2080) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼102.15, compared to a current price of ﷼60.10 — trading 41.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 27% below median its 10-year median of 3.24 and 91.1% above the Oil & Gas industry median of 1.23. National Gas & Industrialization Co's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For National Gas & Industrialization Co (SAU:2080), the current Cyclically Adjusted PB Ratio is 2.35 as of Aug. 23, 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 Gas & Industrialization Co (SAU:2080) Overvalued in 2026?

Based on GuruFocus' analysis, National Gas & Industrialization Co stock appears to be undervalued. The current stock price of ﷼60.10 is trading 41.2% below its estimated GF Value™ of ﷼102.15. GuruFocus considers National Gas & Industrialization Co to be Significantly Undervalued.

Key valuation signals for SAU:2080:

  • Cyclically Adjusted PB Ratio: 2.35 (27% below median its 10-year median of 3.24)
  • GF Value™: ﷼102.15 vs. price of ﷼60.10 (41.2% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 91.1% above the Oil & Gas median (#566 of 757)

No single metric tells the full story. See the SAU:2080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Gas & Industrialization Co Business Description

Industry EnergyOil & Gas
Address Prince Abdul Aziz bin Musaid Ben Galloway, No 331, P.O. Box 564, Olaya Area, North of King Fahd Medical City Building, Riyadh, SAU, 11421
National Gas & Industrialization Co is engaged in carrying out all work related to the exploitation, manufacturing, and marketing of all kinds of gas and its derivatives and industrial gases inside and outside the Kingdom of Saudi Arabia. Along with its subsidiaries, it is also involved in other business activities such as; selling, manufacturing, and maintaining cages, cylinders, tanks, and accessories; maintenance of gas networks and accessories; providing water treatment and environmental services; participating in energy production; and acquiring real estate and purchasing land for the construction of buildings, etc. The company's business segments are; Central region SR, which derives maximum revenue, Western region SR, Eastern region SR, and Southern region SR.
80GF Score

Get the complete analysis for SAU:2080

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

﷼60.10
Price
﷼102.15
GF Value