NIBE Industrier AB (XSWX:NIBEB) Cyclically Adjusted Book per Share: CHF0.99 (As of Mar. 2026)


XSWX:NIBEB NIBE Industrier AB XSWX:NIBEB
89 GF Score
Price CHF3.06
GF Value CHF3.73
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is NIBE Industrier AB Cyclically Adjusted Book per Share?

NIBE Industrier AB XSWX:NIBEB +1.16% 89 Cyclically Adjusted Book per Share is CHF0.99 as of Mar. 2026. GuruFocus rates XSWX:NIBEB with a GF Score™ of 89/100 and a GF Value™ of CHF3.73 (Modestly Undervalued). The stock has 6 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.

NIBE Industrier AB's adjusted book value per share for the three months ended in Mar. 2026 was CHF1.323. 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 CHF0.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NIBE Industrier AB's average Cyclically Adjusted Book Growth Rate was 9.50% 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 18.10% 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 NIBE Industrier AB was 22.00% per year. The lowest was 13.50% per year. And the median was 18.90% per year.

As of today (2026-06-26), NIBE Industrier AB's current stock price is CHF3.055. NIBE Industrier AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF0.99. NIBE Industrier AB's Cyclically Adjusted PB Ratio of today is 3.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NIBE Industrier AB was 23.27. The lowest was 2.81. And the median was 7.56.


NIBE Industrier AB  (XSWX:NIBEB) 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.

NIBE Industrier AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.055/0.99
=3.09

* 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 NIBE Industrier AB was 23.27. The lowest was 2.81. And the median was 7.56.


Be Aware

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


NIBE Industrier AB Cyclically Adjusted Book per Share Related Terms


NIBE Industrier AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for NIBE Industrier AB'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.

NIBE Industrier AB Cyclically Adjusted Book per Share Chart

NIBE Industrier AB 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 0.61 0.74 0.80 0.86 0.98

NIBE Industrier AB 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 0.97 0.96 0.96 0.98 0.99

XSWX:NIBEB vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, NIBE Industrier AB'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.


NIBE Industrier AB Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:NIBEB
89GF Score
NIBE Industrier AB XSWX:NIBEB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIBE Industrier AB 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, NIBE Industrier AB'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)
=1.323/133.3862*133.3862
=1.323

Current CPI (Mar. 2026) = 133.3862.

NIBE Industrier AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.492 101.019 0.650
201609 0.455 101.138 0.600
201612 0.666 102.022 0.871
201703 0.689 102.022 0.901
201706 0.663 102.752 0.861
201709 0.711 103.279 0.918
201712 0.747 103.793 0.960
201803 0.780 103.962 1.001
201806 0.790 104.875 1.005
201809 0.789 105.679 0.996
201812 0.839 105.912 1.057
201903 0.875 105.886 1.102
201906 0.847 106.742 1.058
201909 0.897 107.214 1.116
201912 0.905 107.766 1.120
202003 0.929 106.563 1.163
202006 0.926 107.498 1.149
202009 0.944 107.635 1.170
202012 0.927 108.296 1.142
202103 1.026 108.360 1.263
202106 1.013 108.928 1.240
202109 1.071 110.338 1.295
202112 1.077 112.486 1.277
202203 1.097 114.825 1.274
202206 1.158 118.384 1.305
202209 1.177 122.296 1.284
202212 1.244 126.365 1.313
202303 1.284 127.042 1.348
202306 1.277 129.407 1.316
202309 1.274 130.224 1.305
202312 1.261 131.912 1.275
202403 1.303 132.205 1.315
202406 1.243 132.716 1.249
202409 1.203 132.304 1.213
202412 1.292 132.987 1.296
202503 1.293 132.825 1.298
202506 1.260 133.699 1.257
202509 1.269 133.482 1.268
202512 1.287 133.386 1.287
202603 1.323 133.386 1.323

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 CHF0.99 mean?
NIBE Industrier AB (XSWX:NIBEB) has a Cyclically Adjusted Book per Share of CHF0.99 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 NIBE Industrier AB and its competitors.
Is NIBE Industrier AB's Cyclically Adjusted Book per Share too high?
NIBE Industrier AB's current Cyclically Adjusted Book per Share is CHF0.99. Overall, NIBE Industrier AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's Cyclically Adjusted Book per Share compare to TT and JCI?
NIBE Industrier AB's Cyclically Adjusted Book per Share of CHF0.99 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 NIBE Industrier AB and its competitors. NIBE Industrier AB's current Cyclically Adjusted Book per Share is CHF0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIBE Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, NIBE Industrier AB (XSWX:NIBEB) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF3.73, compared to a current price of CHF3.06 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is CHF0.99. NIBE Industrier AB's overall GF Score™ is 89/100 with 6 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 NIBE Industrier AB (XSWX:NIBEB), the current Cyclically Adjusted Book per Share is CHF0.99 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 NIBE Industrier AB (XSWX:NIBEB) Overvalued in 2026?

Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued. The current stock price of CHF3.06 is trading 18.1% below its estimated GF Value™ of CHF3.73. GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.

Key valuation signals for XSWX:NIBEB:

  • Cyclically Adjusted Book per Share: CHF0.99
  • GF Value™: CHF3.73 vs. price of CHF3.06 (18.1% below fair value)
  • GF Score™: 89/100 with 6 warning signs

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


NIBE Industrier AB Business Description

Address Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.
89GF Score

Get the complete analysis for XSWX:NIBEB

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

CHF3.06
Price
CHF3.73
GF Value