Nordson (MIL:1NDSN) Cyclically Adjusted Book per Share: €35.46 (As of Jul. 2026)

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MIL:1NDSN Nordson Corp MIL:1NDSN
66 GF Score
Price €251.80
GF Value €221.06
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nordson Cyclically Adjusted Book per Share?

Nordson MIL:1NDSN 66 Cyclically Adjusted Book per Share is €35.46 as of Jul. 2026. GuruFocus rates MIL:1NDSN with a GF Score™ of 66/100 and a GF Value™ of €221.06 (Modestly Overvalued). The stock has 7 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.

Nordson's adjusted book value per share for the three months ended in Jul. 2026 was €51.355. 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 €35.46 for the trailing ten years ended in Jul. 2026.

During the past 12 months, Nordson's average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.10% 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 Nordson was 18.50% per year. The lowest was 5.60% per year. And the median was 8.60% per year.

As of today (2026-09-04), Nordson's current stock price is €251.80. Nordson's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was €35.46. Nordson's Cyclically Adjusted PB Ratio of today is 7.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nordson was 12.65. The lowest was 5.13. And the median was 9.36.


Nordson  (MIL:1NDSN) 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.

Nordson's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=251.80/35.46
=7.10

* 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 Nordson was 12.65. The lowest was 5.13. And the median was 9.36.


Be Aware

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


Nordson Cyclically Adjusted Book per Share Related Terms


Nordson Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nordson'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.

Nordson Cyclically Adjusted Book per Share Chart

Nordson Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
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 30.69

Nordson Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 32.24 30.69 28.25 32.36 35.46

MIL:1NDSN vs ITT, IEX, INIO: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Nordson'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.


Nordson Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1NDSN
66GF Score
Nordson Corp MIL:1NDSN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordson 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, Nordson's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book= Book Value per Share /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=51.355/333.9180*333.9180
=51.355

Current CPI (Jul. 2026) = 333.9180.

Nordson Quarterly Data

Book Value per Share CPI Adj_Book
201610 13.493 241.729 18.639
201701 14.601 242.839 20.077
201704 15.577 244.524 21.272
201707 16.297 244.786 22.231
201710 17.038 246.663 23.065
201801 18.319 247.867 24.679
201804 19.121 250.546 25.484
201807 20.946 252.006 27.754
201810 21.747 252.885 28.715
201901 21.417 251.712 28.412
201904 22.794 255.548 29.784
201907 24.002 256.571 31.238
201910 24.814 257.346 32.197
202001 25.455 257.971 32.949
202004 26.409 256.389 34.395
202007 26.533 259.101 34.195
202010 25.742 260.388 33.011
202101 26.250 261.582 33.509
202104 28.050 267.054 35.073
202107 30.034 273.003 36.735
202110 32.004 276.589 38.638
202201 33.344 281.148 39.602
202204 35.271 289.109 40.738
202207 37.784 296.276 42.584
202210 40.777 298.012 45.690
202301 39.652 299.170 44.258
202304 39.958 303.363 43.983
202307 40.905 305.691 44.682
202310 43.159 307.671 46.841
202401 43.723 308.417 47.338
202404 45.377 313.548 48.325
202407 46.014 314.540 48.849
202410 47.061 315.664 49.782
202501 48.826 317.671 51.323
202504 46.624 320.795 48.531
202507 45.481 323.048 47.011
202510 45.709 0.000
202601 47.476 325.252 48.741
202604 49.139 333.020 49.272
202607 51.355 333.918 51.355

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 €35.46 mean?
Nordson (MIL:1NDSN) has a Cyclically Adjusted Book per Share of €35.46 as of Jul. 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 Nordson and its competitors.
Is Nordson's Cyclically Adjusted Book per Share too high?
Nordson's current Cyclically Adjusted Book per Share is €35.46. Overall, Nordson has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordson's Cyclically Adjusted Book per Share compare to ITT and IEX?
Nordson's Cyclically Adjusted Book per Share of €35.46 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Nordson and its competitors. Nordson's current Cyclically Adjusted Book per Share is €35.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordson stock overvalued right now?
Based on GuruFocus' analysis, Nordson (MIL:1NDSN) is currently considered Modestly Overvalued. The stock's GF Value™ is €221.06, compared to a current price of €251.80 — trading 13.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is €35.46. Nordson's overall GF Score™ is 66/100 with 7 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 Nordson (MIL:1NDSN), the current Cyclically Adjusted Book per Share is €35.46 as of Jul. 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 Nordson (MIL:1NDSN) Overvalued in 2026?

Based on GuruFocus' analysis, Nordson stock appears to be overvalued. The current stock price of €251.80 is trading 13.9% above its estimated GF Value™ of €221.06. GuruFocus considers Nordson to be Modestly Overvalued.

Key valuation signals for MIL:1NDSN:

  • Cyclically Adjusted Book per Share: €35.46
  • GF Value™: €221.06 vs. price of €251.80 (13.9% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the MIL:1NDSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordson Business Description

Other Exchanges NDSN:USAND1:Germany
Address 28601 Clemens Road, Westlake, OH, USA, 44145
Nordson manufactures equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets, including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.8 billion in revenue in its fiscal 2025.
66GF Score

Get the complete analysis for MIL:1NDSN

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

€251.80
Price
€221.06
GF Value