I rarely bother with any Resist Normal Weapon enchanted item. Because at later levels enchanted or silver or Daedric weapons are so common it's not worth it.
But Resist Normal Weapons does not increase your armor rating, and is calculated separately.
So if you have 85 armor rating and 15 resist normal weapons and are hit with a normal weapon with 30 points damage then
The armor rating will reduce the damage to 4.5 point. The resist normal weapons will reduce it further to 3.825 points of damage.