Nebius Group NV (FRA:YDX) Cyclically Adjusted Book per Share: €11.68 (As of Jun. 2026)

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FRA:YDX Nebius Group NV FRA:YDX
58 GF Score
Price €232.30
GF Value €15.66
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nebius Group NV Cyclically Adjusted Book per Share?

Nebius Group NV FRA:YDX +5.59% 58 Cyclically Adjusted Book per Share is €11.68 as of Jun. 2026. GuruFocus rates FRA:YDX with a GF Score™ of 58/100 and a GF Value™ of €15.66 (Significantly Overvalued). The stock has 5 warning signs 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.

Nebius Group NV's adjusted book value per share for the three months ended in Jun. 2026 was €33.013. 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 €11.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nebius Group NV's average Cyclically Adjusted Book Growth Rate was 23.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.80% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nebius Group NV was 19.40% per year. The lowest was 11.80% per year. And the median was 15.00% per year.

As of today (2026-08-17), Nebius Group NV's current stock price is €232.30. Nebius Group NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.68. Nebius Group NV's Cyclically Adjusted PB Ratio of today is 19.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nebius Group NV was 23.65. The lowest was 1.83. And the median was 5.07.


Nebius Group NV  (FRA:YDX) 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.

Nebius Group NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=232.30/11.68
=19.89

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Nebius Group NV was 23.65. The lowest was 1.83. And the median was 5.07.


Be Aware

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


Nebius Group NV Cyclically Adjusted Book per Share Related Terms


Nebius Group NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nebius Group NV'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.

Nebius Group NV Cyclically Adjusted Book per Share Chart

Nebius Group NV 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 5.79 5.85 6.25 6.16 10.20

Nebius Group NV 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 9.05 9.42 10.20 10.45 11.68

FRA:YDX vs BIDU, RDDT, TME: Cyclically Adjusted Book per Share Comparison

For the Internet Content & Information subindustry, Nebius Group NV'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.


Nebius Group NV Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nebius Group NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nebius Group NV's Cyclically Adjusted PB Ratio falls into.


FRA:YDX
58GF Score
Nebius Group NV FRA:YDX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nebius Group NV 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, Nebius Group NV'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)
=33.013/137.7700*137.7700
=33.013

Current CPI (Jun. 2026) = 137.7700.

Nebius Group NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.363 100.570 4.607
201612 3.699 100.710 5.060
201703 4.044 101.440 5.492
201706 3.712 101.370 5.045
201709 3.659 102.030 4.941
201712 3.719 101.970 5.025
201803 6.119 102.470 8.227
201806 7.443 103.100 9.946
201809 7.180 103.950 9.516
201812 6.967 103.970 9.232
201903 7.622 105.370 9.966
201906 8.035 105.840 10.459
201909 8.323 106.700 10.747
201912 8.579 106.800 11.067
202003 7.266 106.850 9.369
202006 10.031 107.510 12.854
202009 9.802 107.880 12.518
202012 10.132 107.850 12.943
202103 10.246 108.870 12.966
202106 10.499 109.670 13.189
202109 8.398 110.790 10.443
202112 8.542 114.010 10.322
202203 7.098 119.460 8.186
202206 13.250 119.050 15.333
202209 14.698 126.890 15.958
202212 11.088 124.940 12.227
202303 10.704 124.720 11.824
202306 8.674 125.830 9.497
202309 8.096 127.160 8.772
202312 8.355 126.450 9.103
202403 8.485 128.580 9.091
202406 13.700 129.910 14.529
202409 12.989 131.610 13.597
202412 13.180 131.630 13.795
202503 12.281 133.330 12.690
202506 13.713 133.960 14.103
202509 16.278 135.920 16.500
202512 15.506 135.270 15.793
202603 24.669 136.910 24.824
202606 33.013 137.770 33.013

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 €11.68 mean?
Nebius Group NV (FRA:YDX) has a Cyclically Adjusted Book per Share of €11.68 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 Nebius Group NV and its competitors.
Is Nebius Group NV's Cyclically Adjusted Book per Share too high?
Nebius Group NV's current Cyclically Adjusted Book per Share is €11.68. Overall, Nebius Group NV has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nebius Group NV's Cyclically Adjusted Book per Share compare to BIDU and RDDT?
Nebius Group NV's Cyclically Adjusted Book per Share of €11.68 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Nebius Group NV and its competitors. Nebius Group NV's current Cyclically Adjusted Book per Share is €11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nebius Group NV stock overvalued right now?
Based on GuruFocus' analysis, Nebius Group NV (FRA:YDX) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.66, compared to a current price of €232.30 — trading 1383.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is €11.68. Nebius Group NV's overall GF Score™ is 58/100 with 5 warning signs 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 Nebius Group NV (FRA:YDX), the current Cyclically Adjusted Book per Share is €11.68 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 Nebius Group NV (FRA:YDX) Overvalued in 2026?

Based on GuruFocus' analysis, Nebius Group NV stock appears to be overvalued. The current stock price of €232.30 is trading 1383.4% above its estimated GF Value™ of €15.66. GuruFocus considers Nebius Group NV to be Significantly Overvalued.

Key valuation signals for FRA:YDX:

  • Cyclically Adjusted Book per Share: €11.68
  • GF Value™: €15.66 vs. price of €232.30 (1383.4% above fair value)
  • GF Score™: 58/100 with 5 warning signs

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


Nebius Group NV Business Description

Other Exchanges NBIS:USANBISN:Mexico
Address Schiphol Boulevard 165, Schiphol P7, Amsterdam, NLD, 1118 BG
Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing. It is a carve-out of the previous Russian tech firm Yandex, following the Russian sanctions since the Ukraine-Russia war. Nebius designs and operates its own data centers and servers across Europe and the US, with a total capacity of several hundred megawatts. In September 2025, Microsoft became a major Nebius client under a multiyear $17 billion revenue agreement to provide computing capacity.
58GF Score

Get the complete analysis for FRA:YDX

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

€232.30
Price
€15.66
GF Value