Nemetschek SE (XSWX:NEMA) Cyclically Adjusted Book per Share: CHF4.33 (As of Mar. 2026)


XSWX:NEMA Nemetschek SE XSWX:NEMA
86 GF Score
Price CHF49.32
GF Value CHF117.51
! 1 Warning Sign
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What is Nemetschek SE Cyclically Adjusted Book per Share?

Nemetschek SE XSWX:NEMA 86 Cyclically Adjusted Book per Share is CHF4.33 as of Mar. 2026. GuruFocus rates XSWX:NEMA with a GF Score™ of 86/100 and a GF Value™ of CHF117.51. 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.

Nemetschek SE's adjusted book value per share for the three months ended in Mar. 2026 was CHF7.991. 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 CHF4.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nemetschek SE's average Cyclically Adjusted Book Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.60% 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 Nemetschek SE was 24.70% per year. The lowest was 14.80% per year. And the median was 21.00% per year.

As of today (2026-06-30), Nemetschek SE's current stock price is CHF49.32. Nemetschek SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF4.33. Nemetschek SE's Cyclically Adjusted PB Ratio of today is 11.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nemetschek SE was 57.49. The lowest was 10.87. And the median was 27.76.


Nemetschek SE  (XSWX:NEMA) 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.

Nemetschek SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.32/4.33
=11.39

* 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 Nemetschek SE was 57.49. The lowest was 10.87. And the median was 27.76.


Be Aware

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


Nemetschek SE Cyclically Adjusted Book per Share Related Terms


Nemetschek SE Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nemetschek SE'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.

Nemetschek SE Cyclically Adjusted Book per Share Chart

Nemetschek SE 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 1.22 3.73 0.00 0.00 0.00

Nemetschek SE 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 0.00 0.00 0.00 0.00 4.33

XSWX:NEMA vs UBER, SHOP, CRM: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Nemetschek SE'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.


Nemetschek SE Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Nemetschek SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:NEMA
86GF Score
Nemetschek SE XSWX:NEMA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Nemetschek SE 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, Nemetschek SE'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)
=7.991/131.2583*131.2583
=7.991

Current CPI (Mar. 2026) = 131.2583.

Nemetschek SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.581 100.717 2.060
201609 1.705 101.017 2.215
201612 1.856 101.217 2.407
201703 1.957 101.417 2.533
201706 1.768 102.117 2.273
201709 1.963 102.717 2.508
201712 2.280 102.617 2.916
201803 2.415 102.917 3.080
201806 2.343 104.017 2.957
201809 2.218 104.718 2.780
201812 2.438 104.217 3.071
201903 2.670 104.217 3.363
201906 2.521 105.718 3.130
201909 3.034 106.018 3.756
201912 3.294 105.818 4.086
202003 3.244 105.718 4.028
202006 3.133 106.618 3.857
202009 3.265 105.818 4.050
202012 3.780 105.518 4.702
202103 4.285 107.518 5.231
202106 4.196 108.486 5.077
202109 4.536 109.435 5.441
202112 4.738 110.384 5.634
202203 5.102 113.968 5.876
202206 5.246 115.760 5.948
202209 5.394 118.818 5.959
202212 5.582 119.345 6.139
202303 5.857 122.402 6.281
202306 5.603 123.140 5.972
202309 5.977 124.195 6.317
202312 6.096 123.773 6.465
202403 6.646 125.038 6.977
202406 6.563 125.882 6.843
202409 6.357 126.198 6.612
202412 7.327 127.041 7.570
202503 7.427 127.779 7.629
202506 6.589 128.412 6.735
202509 6.992 129.255 7.100
202512 7.506 129.361 7.616
202603 7.991 131.258 7.991

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 CHF4.33 mean?
Nemetschek SE (XSWX:NEMA) has a Cyclically Adjusted Book per Share of CHF4.33 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 Nemetschek SE and its competitors.
Is Nemetschek SE's Cyclically Adjusted Book per Share too high?
Nemetschek SE's current Cyclically Adjusted Book per Share is CHF4.33. Overall, Nemetschek SE has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Nemetschek SE's Cyclically Adjusted Book per Share compare to UBER and SHOP?
Nemetschek SE's Cyclically Adjusted Book per Share of CHF4.33 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Nemetschek SE and its competitors. Nemetschek SE's current Cyclically Adjusted Book per Share is CHF4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nemetschek SE stock overvalued right now?
Nemetschek SE (XSWX:NEMA) has a current Cyclically Adjusted Book per Share of CHF4.33. The stock's GF Value™ is CHF117.51, compared to a current price of CHF49.32 — trading 58% below its estimated fair value. The current Cyclically Adjusted Book per Share is CHF4.33. Nemetschek SE's overall GF Score™ is 86/100 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 Nemetschek SE (XSWX:NEMA), the current Cyclically Adjusted Book per Share is CHF4.33 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 Nemetschek SE (XSWX:NEMA) Overvalued in 2026?

Based on GuruFocus' analysis, Nemetschek SE stock appears to be undervalued. The current stock price of CHF49.32 is trading 58% below its estimated GF Value™ of CHF117.51.

Key valuation signals for XSWX:NEMA:

  • Cyclically Adjusted Book per Share: CHF4.33
  • GF Value™: CHF117.51 vs. price of CHF49.32 (58% below fair value)
  • GF Score™: 86/100 with 1 warning sign

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


Nemetschek SE Business Description

Address Konrad-Zuse-Platz 1, Munich, BY, DEU, 81829
Nemetschek is a German company that makes software products for the architecture, engineering, and construction industry, mainly, but also for the media and entertainment industry. Its software solutions cover the entire life cycle of building and infrastructure projects (design, build, and manage). In media and entertainment, it is one of the world's leading providers of software for the creation of 3D animation and visual effects in movies, TV shows, and gaming.
86GF Score

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

CHF49.32
Price
CHF117.51
GF Value