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.
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.
National Industrialization Co (SAU:2060) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
National Industrialization Co Forward PE Ratio Related Terms
National Industrialization Co Forward PE Ratio Historical Data
* 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 Forward PE Ratio Chart
National Industrialization Co Annual Data
Trend
2020-12
2024-12
2025-12
Forward PE Ratio
21.10
16.18
28.95
National Industrialization Co Quarterly Data
2020-12
2024-12
2025-03
2025-06
2025-09
2025-12
Forward PE Ratio
21.10
16.18
16.00
17.42
25.61
28.95
SAU:2060 vs DOW: Forward PE Ratio Comparison
For the Chemicals subindustry, National Industrialization Co's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, National Industrialization Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where National Industrialization Co's Forward PE Ratio falls into.
National Industrialization Co Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
National Industrialization Co (SAU:2060) has a Forward PE Ratio of 36.59 as of Sep. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on National Industrialization Co and its competitors. According to the industry distribution chart, National Industrialization Co ranks #552 out of 663 companies in the Chemicals industry, placing it in the top 83.3%.
Is National Industrialization Co's Forward PE Ratio too high?
National Industrialization Co's current Forward PE Ratio is 36.59. The Chemicals industry median Forward PE Ratio is 15.79. National Industrialization Co's value of 36.59 is 131.7% above this industry median. Based on the distribution chart, National Industrialization Co ranks #552 out of 663 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, National Industrialization Co has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industrialization Co's Forward PE Ratio compare to DOW?
According to the Chemicals industry distribution chart, National Industrialization Co ranks #552 out of 663 companies for Forward PE Ratio. This places National Industrialization Co in the lower half of its industry. The industry median Forward PE Ratio is 15.79. National Industrialization Co's value of 36.59 is 131.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Chemicals company?
The median Forward PE Ratio among Chemicals companies is 15.79, based on 663 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Industrialization Co's current Forward PE Ratio of 36.59 is 131.7% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on National Industrialization Co and its competitors. For the Chemicals industry, the median Forward PE Ratio is 15.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industrialization Co's current Forward PE Ratio is 36.59. 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 Modestly Overvalued. The stock's GF Value™ is ﷼7.35, compared to a current price of ﷼9.22 — trading 25.4% above its estimated fair value. The current Forward PE Ratio is 36.59 and 131.7% above the Chemicals industry median of 15.79. National Industrialization Co's overall GF Score™ is 49/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For National Industrialization Co (SAU:2060), the current Forward PE Ratio is 36.59 as of Sep. 06, 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 ﷼9.22 is trading 25.4% above its estimated GF Value™ of ﷼7.35.
GuruFocus considers National Industrialization Co to be Modestly Overvalued.
Key valuation signals for SAU:2060:
Forward PE Ratio: 36.59
GF Value™: ﷼7.35 vs. price of ﷼9.22 (25.4% above fair value)
Industry Position: 131.7% above the Chemicals median (#552 of 663)
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 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
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SAU:2060 has been successfully added to your 
