Nexa Resources (FRA:NE0) Cyclically Adjusted Book per Share: €12.13 (As of Jun. 2026)

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FRA:NE0 Nexa Resources SA FRA:NE0
64 GF Score
Price €11.50
GF Value €7.48
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nexa Resources Cyclically Adjusted Book per Share?

Nexa Resources FRA:NE0 -0.86% 64 Cyclically Adjusted Book per Share is €12.13 as of Jun. 2026. GuruFocus rates FRA:NE0 with a GF Score™ of 64/100 and a GF Value™ of €7.48 (Significantly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Nexa Resources's adjusted book value per share for the three months ended in Jun. 2026 was €7.889. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €12.13 for the trailing ten years ended in Jun. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-09-09), Nexa Resources's current stock price is €11.50. Nexa Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €12.13. Nexa Resources's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Nexa Resources was 1.13. The lowest was 0.61. And the median was 0.92.


Nexa Resources  (FRA:NE0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Nexa Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.50/12.13
=0.95

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Nexa Resources was 1.13. The lowest was 0.61. And the median was 0.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Nexa Resources Cyclically Adjusted Book per Share Related Terms


Nexa Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nexa Resources's Cyclically Adjusted Book per Share 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.

Nexa Resources Cyclically Adjusted Book per Share Chart

Nexa Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 12.07

Nexa Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 0.00 0.00 12.07 11.27 12.13

FRA:NE0 vs EMAT, TMC, IMC: Cyclically Adjusted Book per Share Comparison

For the Other Industrial Metals & Mining subindustry, Nexa Resources's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Nexa Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nexa Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nexa Resources's Cyclically Adjusted PB Ratio falls into.


FRA:NE0
64GF Score
Nexa Resources SA FRA:NE0
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexa Resources Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Nexa Resources's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.889/128.6000*128.6000
=7.889

Current CPI (Jun. 2026) = 128.6000.

Nexa Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 100.750 0.000
201612 20.251 101.040 25.775
201703 0.000 101.780 0.000
201706 14.080 102.170 17.722
201709 14.513 102.520 18.205
201712 15.762 102.410 19.793
201803 14.966 102.900 18.704
201806 15.395 103.650 19.101
201809 15.544 104.580 19.114
201812 16.342 104.320 20.146
201903 15.816 105.140 19.345
201906 15.933 105.550 19.412
201909 15.072 105.900 18.303
201912 14.336 106.080 17.379
202003 10.006 106.040 12.135
202006 9.230 106.340 11.162
202009 8.542 106.620 10.303
202012 8.549 106.670 10.307
202103 8.353 108.140 9.933
202106 9.332 108.680 11.042
202109 9.025 109.470 10.602
202112 9.264 111.090 10.724
202203 10.678 114.780 11.964
202206 11.129 116.750 12.259
202209 11.330 117.000 12.453
202212 10.280 117.060 11.293
202303 10.065 118.910 10.885
202306 9.609 120.460 10.258
202309 8.968 121.740 9.473
202312 8.290 121.170 8.798
202403 7.998 122.590 8.390
202406 6.978 123.120 7.289
202409 6.796 123.300 7.088
202412 5.869 122.430 6.165
202503 6.071 124.210 6.286
202506 5.825 125.820 5.954
202509 6.287 126.570 6.388
202512 6.467 126.180 6.591
202603 7.452 127.160 7.536
202606 7.889 128.600 7.889

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €12.13 mean?
Nexa Resources (FRA:NE0) has a Cyclically Adjusted Book per Share of €12.13 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Nexa Resources and its competitors.
Is Nexa Resources' Cyclically Adjusted Book per Share too high?
Nexa Resources' current Cyclically Adjusted Book per Share is €12.13. Overall, Nexa Resources has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexa Resources' Cyclically Adjusted Book per Share compare to EMAT and TMC?
Nexa Resources' Cyclically Adjusted Book per Share of €12.13 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Nexa Resources and its competitors. Nexa Resources's current Cyclically Adjusted Book per Share is €12.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexa Resources stock overvalued right now?
Based on GuruFocus' analysis, Nexa Resources (FRA:NE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.48, compared to a current price of €11.50 — trading 53.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €12.13. Nexa Resources' overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Nexa Resources (FRA:NE0), the current Cyclically Adjusted Book per Share is €12.13 as of Jun. 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 Nexa Resources (FRA:NE0) Overvalued in 2026?

Based on GuruFocus' analysis, Nexa Resources stock appears to be overvalued. The current stock price of €11.50 is trading 53.7% above its estimated GF Value™ of €7.48. GuruFocus considers Nexa Resources to be Significantly Overvalued.

Key valuation signals for FRA:NE0:

  • Cyclically Adjusted Book per Share: €12.13
  • GF Value™: €7.48 vs. price of €11.50 (53.7% above fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the FRA:NE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nexa Resources Business Description

Other Exchanges NEXA:USANE0:Germany
Address 37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Nexa Resources SA operate large-scale, mechanized underground and open pit mines, as well as smelters. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
64GF Score

Get the complete analysis for FRA:NE0

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

€11.50
Price
€7.48
GF Value