National Industries Co KSC (KUW:NICBM) PB Ratio: 1.08 (As of Sep. 03, 2026) — 42% Above Median

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KUW:NICBM National Industries Co KSC KUW:NICBM
47 GF Score
Price KWD0.27
GF Value KWD0.23
Valuation Modestly Overvalued
! 8 Warning Signs
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What is National Industries Co KSC PB Ratio?

National Industries Co KSC KUW:NICBM -3.23% 47 PB Ratio is 1.08 as of Sep. 03, 2026, which is 42% above its 10-year median of 0.76. GuruFocus rates KUW:NICBM with a GF Score™ of 47/100 and a GF Value™ of KWD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,726 Construction companies, National Industries Co KSC ranks better than 57.07% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-09-03), National Industries Co KSC's share price is KWD0.267. National Industries Co KSC's Book Value per Share for the quarter that ended in Jun. 2026 was KWD0.25. Hence, National Industries Co KSC's PB Ratio of today is 1.08.

Warning Sign:

National Industries Co KSC stock PB Ratio (=1.09) is close to 10-year high of 1.15.

The historical rank and industry rank for National Industries Co KSC's PB Ratio or its related term are showing as below:

KUW:NICBM' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.76   Max: 1.15
Current: 1.09

During the past 13 years, National Industries Co KSC's highest PB Ratio was 1.15. The lowest was 0.60. And the median was 0.76.

KUW:NICBM's PB Ratio is ranked better than
57.07% of 1726 companies
in the Construction industry
Industry Median: 1.33 vs KUW:NICBM: 1.09

During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Industries Co KSC was 4.40% per year. The lowest was -6.50% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


National Industries Co KSC  (KUW:NICBM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


National Industries Co KSC PB Ratio Related Terms


National Industries Co KSC PB Ratio Historical Data

* Premium members only.

The historical data trend for National Industries Co KSC's 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 Industries Co KSC PB Ratio Chart

National Industries Co KSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.81 0.64 0.68 0.83

National Industries Co KSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.88 0.82 0.83 0.99 1.13

KUW:NICBM vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, National Industries Co KSC's PB Ratio, along with its competitors' market caps and 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 Industries Co KSC PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, National Industries Co KSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Industries Co KSC's PB Ratio falls into.


KUW:NICBM
47GF Score
National Industries Co KSC KUW:NICBM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industries Co KSC PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

National Industries Co KSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.267/0.247
=1.08

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.08 mean?
National Industries Co KSC (KUW:NICBM) has a PB Ratio of 1.08 as of Sep. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Industries Co KSC and its competitors. This is 42% above median its historical median of 0.76. Over the past decade, National Industries Co KSC's PB Ratio has ranged from 0.60 to 1.15. According to the industry distribution chart, National Industries Co KSC ranks #741 out of 1726 companies in the Construction industry, placing it in the top 42.9%.
Is National Industries Co KSC's PB Ratio too high?
National Industries Co KSC's current PB Ratio of 1.08 is 42% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.15. The Construction industry median PB Ratio is 1.33. National Industries Co KSC's value of 1.08 is 18.8% below this industry median. Based on the distribution chart, National Industries Co KSC ranks #741 out of 1726 companies in the Construction industry, which is above the industry midpoint. Overall, National Industries Co KSC has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Co KSC's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, National Industries Co KSC ranks #741 out of 1726 companies for PB Ratio. This puts National Industries Co KSC in the upper half of its industry. The industry median PB Ratio is 1.33. National Industries Co KSC's value of 1.08 is 18.8% below this benchmark. Historically, National Industries Co KSC's own PB Ratio has ranged from 0.60 to 1.15 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.33, National Industries Co KSC has consistently been below 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 PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.33, based on 1,726 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Industries Co KSC's current PB Ratio of 1.08 is 18.8% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Industries Co KSC and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Co KSC's current PB Ratio is 1.08, which is 42% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Industries Co KSC (KUW:NICBM) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.23, compared to a current price of KWD0.27 — trading 16.1% above its estimated fair value. The current PB Ratio is 1.08, which is 42% above median its 10-year median of 0.76 and 18.8% below the Construction industry median of 1.33. National Industries Co KSC's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For National Industries Co KSC (KUW:NICBM), the current PB Ratio is 1.08 as of Sep. 03, 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 Co KSC (KUW:NICBM) Overvalued in 2026?

Based on GuruFocus' analysis, National Industries Co KSC stock appears to be overvalued. The current stock price of KWD0.27 is trading 16.1% above its estimated GF Value™ of KWD0.23. GuruFocus considers National Industries Co KSC to be Modestly Overvalued.

Key valuation signals for KUW:NICBM:

  • PB Ratio: 1.08 (42% above median its 10-year median of 0.76)
  • GF Value™: KWD0.23 vs. price of KWD0.27 (16.1% above fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 18.8% below the Construction median (#741 of 1726)

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


National Industries Co KSC Business Description

Address Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.
47GF Score

Get the complete analysis for KUW:NICBM

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

KWD0.27
Price
KWD0.23
GF Value