National Industries Group HoldingK (KUW:NIND) Cyclically Adjusted PS Ratio: 3.30 (As of Aug. 12, 2026) — 14% Above 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.

KUW:NIND National Industries Group Holding SAK KUW:NIND
27 GF Score
Price KWD0.23
GF Value KWD0.18
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is National Industries Group HoldingK Cyclically Adjusted PS Ratio?

National Industries Group HoldingK KUW:NIND -1.70% 27 Cyclically Adjusted PS Ratio is 3.30 as of Aug. 12, 2026, which is 14% above its 10-year median of 2.90. GuruFocus rates KUW:NIND with a GF Score™ of 27/100 and a GF Value™ of KWD0.18 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 460 Conglomerates companies, National Industries Group HoldingK ranks worse than 84.13% on this metric.

As of today (2026-08-12), National Industries Group HoldingK's current share price is KWD0.231. National Industries Group HoldingK's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was KWD0.07. National Industries Group HoldingK's Cyclically Adjusted PS Ratio for today is 3.30.

The historical rank and industry rank for National Industries Group HoldingK's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:NIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.9   Max: 4.18
Current: 3.42

During the past years, National Industries Group HoldingK's highest Cyclically Adjusted PS Ratio was 4.18. The lowest was 1.47. And the median was 2.90.

KUW:NIND's Cyclically Adjusted PS Ratio is ranked worse than
84.13% of 460 companies
in the Conglomerates industry
Industry Median: 0.765 vs KUW:NIND: 3.42

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

National Industries Group HoldingK's adjusted revenue per share data for the three months ended in Jun. 2026 was KWD0.010. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is KWD0.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Industries Group HoldingK  (KUW:NIND) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


National Industries Group HoldingK Cyclically Adjusted PS Ratio Related Terms


National Industries Group HoldingK Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Industries Group HoldingK's Cyclically Adjusted PS 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 Industries Group HoldingK Cyclically Adjusted PS Ratio Chart

National Industries Group HoldingK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 2.71 2.63 3.30 4.26

National Industries Group HoldingK Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 3.59 3.95 4.26 3.25 3.51

KUW:NIND vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, National Industries Group HoldingK's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Industries Group HoldingK Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Industries Group HoldingK's Cyclically Adjusted PS Ratio falls into.


KUW:NIND
27GF Score
National Industries Group Holding SAK KUW:NIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industries Group HoldingK Cyclically Adjusted PS Ratio Calculation

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

National Industries Group HoldingK's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.231/0.07
=3.30

* 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 Industries Group HoldingK's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, National Industries Group HoldingK's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.01/333.9520*333.9520
=0.010

Current CPI (Jun. 2026) = 333.9520.

National Industries Group HoldingK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.012 241.428 0.017
201612 0.013 241.432 0.018
201703 0.013 243.801 0.018
201706 0.012 244.955 0.016
201709 0.011 246.819 0.015
201712 0.015 246.524 0.020
201803 0.014 249.554 0.019
201806 0.014 251.989 0.019
201809 0.014 252.439 0.019
201812 0.015 251.233 0.020
201903 0.015 254.202 0.020
201906 0.016 256.143 0.021
201909 0.015 256.759 0.020
201912 0.015 256.974 0.019
202003 0.013 258.115 0.017
202006 0.009 257.797 0.012
202009 0.013 260.280 0.017
202012 0.016 260.474 0.021
202103 0.014 264.877 0.018
202106 0.014 271.696 0.017
202109 0.014 274.310 0.017
202112 0.011 278.802 0.013
202203 0.016 287.504 0.019
202206 0.013 296.311 0.015
202209 0.011 296.808 0.012
202212 0.019 296.797 0.021
202303 0.016 301.836 0.018
202306 0.014 305.109 0.015
202309 0.016 307.789 0.017
202312 0.014 306.746 0.015
202403 0.017 312.332 0.018
202406 0.017 314.175 0.018
202409 0.018 315.301 0.019
202412 0.019 315.605 0.020
202503 0.011 319.799 0.011
202506 0.013 322.561 0.013
202509 0.016 324.800 0.016
202512 0.017 324.054 0.018
202603 0.009 330.213 0.009
202606 0.010 333.952 0.010

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.30 mean?
National Industries Group HoldingK (KUW:NIND) has a Cyclically Adjusted PS Ratio of 3.30 as of Aug. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Industries Group HoldingK and its competitors. This is 14% above median its historical median of 2.90. Over the past decade, National Industries Group HoldingK's Cyclically Adjusted PS Ratio has ranged from 1.47 to 4.18. According to the industry distribution chart, National Industries Group HoldingK ranks #387 out of 460 companies in the Conglomerates industry, placing it in the top 84.1%.
Is National Industries Group HoldingK's Cyclically Adjusted PS Ratio too high?
National Industries Group HoldingK's current Cyclically Adjusted PS Ratio of 3.30 is 14% above median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 4.18. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.77. National Industries Group HoldingK's value of 3.30 is 331.4% above this industry median. Based on the distribution chart, National Industries Group HoldingK ranks #387 out of 460 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, National Industries Group HoldingK has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Group HoldingK's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, National Industries Group HoldingK ranks #387 out of 460 companies for Cyclically Adjusted PS Ratio. This places National Industries Group HoldingK in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. National Industries Group HoldingK's value of 3.30 is 331.4% above this benchmark. Historically, National Industries Group HoldingK's own Cyclically Adjusted PS Ratio has ranged from 1.47 to 4.18 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 0.77, National Industries Group HoldingK 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 PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.77, based on 460 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Industries Group HoldingK's current Cyclically Adjusted PS Ratio of 3.30 is 331.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Industries Group HoldingK and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Group HoldingK's current Cyclically Adjusted PS Ratio is 3.30, which is 14% above median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Group HoldingK stock overvalued right now?
Based on GuruFocus' analysis, National Industries Group HoldingK (KUW:NIND) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.18, compared to a current price of KWD0.23 — trading 28.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.30, which is 14% above median its 10-year median of 2.90 and 331.4% above the Conglomerates industry median of 0.77. National Industries Group HoldingK's overall GF Score™ is 27/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For National Industries Group HoldingK (KUW:NIND), the current Cyclically Adjusted PS Ratio is 3.30 as of Aug. 12, 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 Industries Group HoldingK (KUW:NIND) Overvalued in 2026?

Based on GuruFocus' analysis, National Industries Group HoldingK stock appears to be overvalued. The current stock price of KWD0.23 is trading 28.3% above its estimated GF Value™ of KWD0.18. GuruFocus considers National Industries Group HoldingK to be Modestly Overvalued.

Key valuation signals for KUW:NIND:

  • Cyclically Adjusted PS Ratio: 3.30 (14% above median its 10-year median of 2.90)
  • GF Value™: KWD0.18 vs. price of KWD0.23 (28.3% above fair value)
  • GF Score™: 27/100 with 8 warning signs
  • Industry Position: 331.4% above the Conglomerates median (#387 of 460)

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


National Industries Group HoldingK Business Description

Other Exchanges NIND:United Arab Emirates
Address Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005
National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and movable property. The company has four segments Investments, Building Materials and Contracting services, Specialist Engineering and Hotel and IT operations. Geographically, it generates the majority of revenue from the Kuwait region.
27GF Score

Get the complete analysis for KUW:NIND

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

KWD0.23
Price
KWD0.18
GF Value