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.
Natural Gas Distribution CoSAU:9516 -0.85%67 PB Ratio is 1.80 as of Jul. 20, 2026, which is 55% below its 10-year median of 4.03. GuruFocus rates SAU:9516 with a GF Score™ of 67/100 and a GF Value™ of ﷼79.65 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 502 Utilities - Regulated companies, Natural Gas Distribution Co ranks worse than 63.75% on this metric.
Natural Gas Distribution Co stock PB Ratio (=1.82) is close to 5-year low of 1.82.
The historical rank and industry rank for Natural Gas Distribution Co's PB Ratio or its related term are showing as below:
SAU:9516'
s PB Ratio Range Over the Past 10 Years
Min: 1.8 Med: 4.03 Max: 6.75
Current: 1.8
During the past 6 years, Natural Gas Distribution Co's highest PB Ratio was 6.75. The lowest was 1.80. And the median was 4.03.
SAU:9516's PB Ratio is ranked worse than 63.75% of 502
companies
in the Utilities - Regulated industry
Industry Median: 1.445
vs SAU:9516: 1.80
During the past 12 months, Natural Gas Distribution Co's average Book Value Per Share Growth Rate was 8.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Natural Gas Distribution Co was 4.10% per year. The lowest was 1.10% per year. And the median was 1.80% per year.
Back to Basics: PB Ratio
Natural Gas Distribution Co (SAU:9516) PB Ratio Explanation
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.
Natural Gas Distribution Co PB Ratio Related Terms
Natural Gas Distribution Co PB 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.
For the Utilities - Regulated Gas subindustry, Natural Gas Distribution Co'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.
Natural Gas Distribution Co PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Natural Gas Distribution Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Natural Gas Distribution Co's PB Ratio falls into.
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.
* 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.
Natural Gas Distribution Co (SAU:9516) has a PB Ratio of 1.80 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Natural Gas Distribution Co and its competitors. This is 55% below median its historical median of 4.03. Over the past decade, Natural Gas Distribution Co's PB Ratio has ranged from 1.80 to 6.75. According to the industry distribution chart, Natural Gas Distribution Co ranks #320 out of 502 companies in the Utilities - Regulated industry, placing it in the top 63.7%.
Is Natural Gas Distribution Co's PB Ratio too high?
Natural Gas Distribution Co's current PB Ratio of 1.80 is 55% below median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 6.75. The Utilities - Regulated industry median PB Ratio is 1.45. Natural Gas Distribution Co's value of 1.80 is 24.6% above this industry median. Based on the distribution chart, Natural Gas Distribution Co ranks #320 out of 502 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Natural Gas Distribution Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Natural Gas Distribution Co's PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Natural Gas Distribution Co ranks #320 out of 502 companies for PB Ratio. This places Natural Gas Distribution Co in the lower half of its industry. The industry median PB Ratio is 1.45. Natural Gas Distribution Co's value of 1.80 is 24.6% above this benchmark. Historically, Natural Gas Distribution Co's own PB Ratio has ranged from 1.80 to 6.75 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 1.45, Natural Gas Distribution 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 PB Ratio for an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.45, based on 502 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. Natural Gas Distribution Co's current PB Ratio of 1.80 is 24.6% 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 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 Natural Gas Distribution Co and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Gas Distribution Co's current PB Ratio is 1.80, which is 55% below median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Gas Distribution Co stock overvalued right now?
Based on GuruFocus' analysis, Natural Gas Distribution Co (SAU:9516) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼79.65, compared to a current price of ﷼23.20 — trading 70.9% below its estimated fair value. The current PB Ratio is 1.80, which is 55% below median its 10-year median of 4.03 and 24.6% above the Utilities - Regulated industry median of 1.45. Natural Gas Distribution Co's overall GF Score™ is 67/100 with 3 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 Natural Gas Distribution Co (SAU:9516), the current PB Ratio is 1.80 as of Jul. 20, 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 Natural Gas Distribution Co (SAU:9516) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Gas Distribution Co stock appears to be undervalued.
The current stock price of ﷼23.20 is trading 70.9% below its estimated GF Value™ of ﷼79.65.
GuruFocus considers Natural Gas Distribution Co to be Significantly Undervalued.
Key valuation signals for SAU:9516:
PB Ratio: 1.80 (55% below median its 10-year median of 4.03)
GF Value™: ﷼79.65 vs. price of ﷼23.20 (70.9% below fair value)
Industry Position: 24.6% above the Utilities - Regulated median (#320 of 502)
No single metric tells the full story. See the SAU:9516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Gas Distribution Co is engaged in the operation and maintenance of natural gas networks in the second industrial city and industrial cities in the Kingdom. The company's business is to supply the factories located in the second industrial city in Riyadh. It is supplied with natural gas from Saudi Aramco through a main pipeline.
67GF Score
Get the complete analysis for SAU:9516
PB 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:9516 has been successfully added to your 
