National Agriculture Development Co (SAU:6010) Cyclically Adjusted PB Ratio: 1.41 (As of Aug. 18, 2026) — 38% Below 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:6010 National Agriculture Development Co SAU:6010
82 GF Score
Price ﷼14.30
GF Value ﷼20.58
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is National Agriculture Development Co Cyclically Adjusted PB Ratio?

National Agriculture Development Co SAU:6010 +0.70% 82 Cyclically Adjusted PB Ratio is 1.41 as of Aug. 18, 2026, which is 38% below its 10-year median of 2.26. GuruFocus rates SAU:6010 with a GF Score™ of 82/100 and a GF Value™ of ﷼20.58 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,386 Consumer Packaged Goods companies, National Agriculture Development Co ranks worse than 53.97% on this metric.

As of today (2026-08-18), National Agriculture Development Co's current share price is ﷼14.30. National Agriculture Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ﷼10.16. National Agriculture Development Co's Cyclically Adjusted PB Ratio for today is 1.41.

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

SAU:6010' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.26   Max: 4.34
Current: 1.4

During the past years, National Agriculture Development Co's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 1.28. And the median was 2.26.

SAU:6010's Cyclically Adjusted PB Ratio is ranked worse than
53.97% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs SAU:6010: 1.40

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 Agriculture Development Co's adjusted book value per share data for the three months ended in Jun. 2026 was ﷼15.967. 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 ﷼10.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Agriculture Development Co  (SAU:6010) 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 Agriculture Development Co Cyclically Adjusted PB Ratio Related Terms


National Agriculture Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for National Agriculture Development 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 Agriculture Development Co Cyclically Adjusted PB Ratio Chart

National Agriculture Development 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 1.99 1.29 3.54 2.85 1.93

National Agriculture Development 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 2.31 2.32 1.93 1.80 1.56

SAU:6010 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, National Agriculture Development 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 Agriculture Development Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, National Agriculture Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SAU:6010
82GF Score
National Agriculture Development Co SAU:6010
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Agriculture Development 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 Agriculture Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.30/10.16
=1.41

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

For example, National Agriculture Development 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)
=15.967/333.9520*333.9520
=15.967

Current CPI (Jun. 2026) = 333.9520.

National Agriculture Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.668 241.428 9.223
201612 6.671 241.432 9.227
201703 6.692 243.801 9.167
201706 6.705 244.955 9.141
201709 6.671 246.819 9.026
201712 6.705 246.524 9.083
201803 6.681 249.554 8.940
201806 6.773 251.989 8.976
201809 6.938 252.439 9.178
201812 6.803 251.233 9.043
201903 6.786 254.202 8.915
201906 6.819 256.143 8.890
201909 7.051 256.759 9.171
201912 6.776 256.974 8.806
202003 6.862 258.115 8.878
202006 7.482 257.797 9.692
202009 7.270 260.280 9.328
202012 6.954 260.474 8.916
202103 6.984 264.877 8.805
202106 6.902 271.696 8.484
202109 6.917 274.310 8.421
202112 5.625 278.802 6.738
202203 5.698 287.504 6.619
202206 5.831 296.311 6.572
202209 5.962 296.808 6.708
202212 6.093 296.797 6.856
202303 6.269 301.836 6.936
202306 6.576 305.109 7.198
202309 6.929 307.789 7.518
202312 11.911 306.746 12.967
202403 12.246 312.332 13.094
202406 12.619 314.175 13.413
202409 12.995 315.301 13.764
202412 14.245 315.605 15.073
202503 14.587 319.799 15.233
202506 14.774 322.561 15.296
202509 15.127 324.800 15.553
202512 15.277 324.054 15.744
202603 15.614 330.213 15.791
202606 15.967 333.952 15.967

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 1.41 mean?
National Agriculture Development Co (SAU:6010) has a Cyclically Adjusted PB Ratio of 1.41 as of Aug. 18, 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 Agriculture Development Co and its competitors. This is 38% below median its historical median of 2.26. Over the past decade, National Agriculture Development Co's Cyclically Adjusted PB Ratio has ranged from 1.28 to 4.34. According to the industry distribution chart, National Agriculture Development Co ranks #748 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 54%.
Is National Agriculture Development Co's Cyclically Adjusted PB Ratio too high?
National Agriculture Development Co's current Cyclically Adjusted PB Ratio of 1.41 is 38% below median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 4.34. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.28. National Agriculture Development Co's value of 1.41 is 10.2% above this industry median. Based on the distribution chart, National Agriculture Development Co ranks #748 out of 1386 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, National Agriculture Development Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Agriculture Development Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, National Agriculture Development Co ranks #748 out of 1386 companies for Cyclically Adjusted PB Ratio. This places National Agriculture Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. National Agriculture Development Co's value of 1.41 is 10.2% above this benchmark. Historically, National Agriculture Development Co's own Cyclically Adjusted PB Ratio has ranged from 1.28 to 4.34 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.28, National Agriculture Development 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 a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.28, based on 1,386 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 Agriculture Development Co's current Cyclically Adjusted PB Ratio of 1.41 is 10.2% 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 Agriculture Development Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Agriculture Development Co's current Cyclically Adjusted PB Ratio is 1.41, which is 38% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Agriculture Development Co stock overvalued right now?
Based on GuruFocus' analysis, National Agriculture Development Co (SAU:6010) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼20.58, compared to a current price of ﷼14.30 — trading 30.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is 38% below median its 10-year median of 2.26 and 10.2% above the Consumer Packaged Goods industry median of 1.28. National Agriculture Development Co's overall GF Score™ is 82/100 with 1 warning sign 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 Agriculture Development Co (SAU:6010), the current Cyclically Adjusted PB Ratio is 1.41 as of Aug. 18, 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 Agriculture Development Co (SAU:6010) Overvalued in 2026?

Based on GuruFocus' analysis, National Agriculture Development Co stock appears to be undervalued. The current stock price of ﷼14.30 is trading 30.5% below its estimated GF Value™ of ﷼20.58. GuruFocus considers National Agriculture Development Co to be Significantly Undervalued.

Key valuation signals for SAU:6010:

  • Cyclically Adjusted PB Ratio: 1.41 (38% below median its 10-year median of 2.26)
  • GF Value™: ﷼20.58 vs. price of ﷼14.30 (30.5% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 10.2% above the Consumer Packaged Goods median (#748 of 1386)

No single metric tells the full story. See the SAU:6010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Agriculture Development Co Business Description

Address Prince Abdulrahman Bin Abdulaziz Road, Sub No. 2467, Building No. 7049, Al Murabba District, Riyadh, SAU, 11461
National Agriculture Development Co is engaged in agricultural and livestock production, reclamation of agricultural land, food processing, marketing, and distribution of its products. The company operates in three main business segments: Dairy and Foods, Agriculture, and Protein. It generates maximum revenue from the Dairy and Food segment. Its products include dairy, milk, cheese, juices, desserts and other related food. Geographically, it derives the vast majority of its revenue from Saudi Arabia.
82GF Score

Get the complete analysis for SAU:6010

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

﷼14.30
Price
﷼20.58
GF Value