Novita (WAR:NVT) Cyclically Adjusted Book per Share: zł66.87 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:NVT Novita SA WAR:NVT
78 GF Score
Price zł96.60
GF Value zł97.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Novita Cyclically Adjusted Book per Share?

Novita WAR:NVT -1.83% 78 Cyclically Adjusted Book per Share is zł66.87 as of Mar. 2026. GuruFocus rates WAR:NVT with a GF Score™ of 78/100 and a GF Value™ of zł97.17 (Fairly Valued). The stock has 3 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.

Novita's adjusted book value per share for the three months ended in Mar. 2026 was zł50.916. 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 zł66.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Novita's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Novita was 14.20% per year. The lowest was 5.70% per year. And the median was 12.25% per year.

As of today (2026-08-08), Novita's current stock price is zł96.60. Novita's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł66.87. Novita's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Novita was 5.63. The lowest was 0.93. And the median was 1.91.


Novita  (WAR:NVT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.60/66.87
=1.44

* 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 Novita was 5.63. The lowest was 0.93. And the median was 1.91.


Be Aware

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


Novita Cyclically Adjusted Book per Share Related Terms


Novita Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Novita'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.

Novita Cyclically Adjusted Book per Share Chart

Novita 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 46.08 55.08 59.92 63.20 64.97

Novita Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 64.11 64.38 64.81 64.97 66.87

WAR:NVT vs AIN: Cyclically Adjusted Book per Share Comparison

For the Textile Manufacturing subindustry, Novita'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.


Novita Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Novita's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:NVT
78GF Score
Novita SA WAR:NVT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=50.916/163.0700*163.0700
=50.916

Current CPI (Mar. 2026) = 163.0700.

Novita Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 99.552 0.000
201609 35.600 99.064 58.601
201612 37.056 100.366 60.207
201703 38.283 101.018 61.799
201706 39.214 101.180 63.200
201709 40.807 101.343 65.662
201712 41.822 102.564 66.494
201803 42.603 102.564 67.736
201806 43.881 103.378 69.218
201809 45.025 103.378 71.023
201812 46.090 103.785 72.418
201903 46.642 104.274 72.942
201906 47.638 105.983 73.298
201909 49.332 105.983 75.904
201912 51.380 107.123 78.215
202003 53.248 109.076 79.606
202006 51.902 109.402 77.363
202009 56.666 109.320 84.527
202012 51.651 109.565 76.875
202103 58.602 112.658 84.825
202106 52.633 113.960 75.315
202109 55.972 115.588 78.964
202112 50.350 119.088 68.945
202203 52.578 125.031 68.574
202206 54.807 131.705 67.859
202209 56.053 135.531 67.443
202212 58.902 139.113 69.046
202303 62.698 145.950 70.052
202306 63.715 147.009 70.676
202309 53.382 146.113 59.577
202312 52.208 147.741 57.625
202403 54.173 149.044 59.271
202406 57.138 150.997 61.706
202409 50.859 153.439 54.051
202412 49.234 154.660 51.911
202503 51.164 157.021 53.135
202506 53.309 157.509 55.191
202509 55.373 158.000 57.150
202512 49.231 158.320 50.708
202603 50.916 163.070 50.916

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 zł66.87 mean?
Novita (WAR:NVT) has a Cyclically Adjusted Book per Share of zł66.87 as of Mar. 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 Novita and its competitors.
Is Novita's Cyclically Adjusted Book per Share too high?
Novita's current Cyclically Adjusted Book per Share is zł66.87. Overall, Novita has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novita's Cyclically Adjusted Book per Share compare to AIN?
Novita's Cyclically Adjusted Book per Share of zł66.87 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Novita and its competitors. Novita's current Cyclically Adjusted Book per Share is zł66.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novita stock overvalued right now?
Based on GuruFocus' analysis, Novita (WAR:NVT) is currently considered Fairly Valued. The stock's GF Value™ is zł97.17, compared to a current price of zł96.60 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is zł66.87. Novita's overall GF Score™ is 78/100 with 3 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 Novita (WAR:NVT), the current Cyclically Adjusted Book per Share is zł66.87 as of Mar. 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 Novita (WAR:NVT) Overvalued in 2026?

Based on GuruFocus' analysis, Novita stock appears to be undervalued. The current stock price of zł96.60 is trading 0.6% below its estimated GF Value™ of zł97.17. GuruFocus considers Novita to be Fairly Valued.

Key valuation signals for WAR:NVT:

  • Cyclically Adjusted Book per Share: zł66.87
  • GF Value™: zł97.17 vs. price of zł96.60 (0.6% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Novita Business Description

Address ul. Dekoracyjna 3, Zielona Gora, POL, 65-722
Novita SA is engaged in the manufacturing and sale of technical nonwovens in Poland. It offers needlepunched and spunlace nonwovens; medical and hygiene onwovens; and footwear and clothing nonwovens.
78GF Score

Get the complete analysis for WAR:NVT

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

zł96.60
Price
zł97.17
GF Value