Nova (XTAE:NVMI) Cyclically Adjusted Book per Share: ₪ (As of Jun. 2026)

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XTAE:NVMI Nova Ltd XTAE:NVMI
100 GF Score
Price ₪1,057.40
GF Value ₪954.72
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nova Cyclically Adjusted Book per Share?

Nova XTAE:NVMI 100 Cyclically Adjusted Book per Share is ₪ as of Jun. 2026. GuruFocus rates XTAE:NVMI with a GF Score™ of 100/100 and a GF Value™ of ₪954.72 (Modestly Overvalued). The stock has 4 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.

Nova's adjusted book value per share for the three months ended in Jun. 2026 was ₪137.355. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nova's average Cyclically Adjusted Book Growth Rate was 23.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 19.70% 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 Nova was 21.30% per year. The lowest was -0.80% per year. And the median was 18.20% per year.

As of today (2026-09-21), Nova's current stock price is ₪1057.40. Nova's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Nova's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nova was 28.62. The lowest was 3.25. And the median was 9.11.


Nova  (XTAE:NVMI) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nova was 28.62. The lowest was 3.25. And the median was 9.11.


Be Aware

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


Nova Cyclically Adjusted Book per Share Related Terms


Nova Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nova'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.

Nova Cyclically Adjusted Book per Share Chart

Nova Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Nova Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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XTAE:NVMI vs AMKR, ONTO, FORM: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Nova'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.


Nova Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


XTAE:NVMI
100GF Score
Nova Ltd XTAE:NVMI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nova 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, Nova'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)
=137.355/333.9520*333.9520
=137.355

Current CPI (Jun. 2026) = 333.9520.

Nova Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.785 241.428 31.517
201612 24.585 241.432 34.006
201703 25.360 243.801 34.737
201706 25.922 244.955 35.340
201709 27.799 246.819 37.613
201712 28.215 246.524 38.221
201803 31.637 249.554 42.336
201806 34.748 251.989 46.050
201809 36.508 252.439 48.296
201812 37.577 251.233 49.949
201903 37.702 254.202 49.530
201906 37.063 256.143 48.322
201909 37.366 256.759 48.600
201912 38.793 256.974 50.414
202003 41.349 258.115 53.498
202006 41.451 257.797 53.696
202009 42.821 260.280 54.941
202012 42.337 260.474 54.280
202103 46.244 264.877 58.304
202106 47.948 271.696 58.935
202109 51.032 274.310 62.128
202112 51.594 278.802 61.800
202203 55.335 287.504 64.275
202206 63.811 296.311 71.917
202209 68.579 296.808 77.161
202212 72.218 296.797 81.259
202303 79.009 301.836 87.416
202306 85.566 305.109 93.655
202309 92.618 307.789 100.491
202312 93.176 306.746 101.440
202403 99.982 312.332 106.903
202406 109.290 314.175 116.170
202409 116.015 315.301 122.878
202412 115.463 315.605 122.175
202503 125.017 319.799 130.550
202506 125.583 322.561 130.018
202509 131.320 324.800 135.020
202512 132.202 324.054 136.240
202603 137.851 330.213 139.412
202606 137.355 333.952 137.355

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 ₪ mean?
Nova (XTAE:NVMI) has a Cyclically Adjusted Book per Share of ₪ 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 Nova and its competitors.
Is Nova's Cyclically Adjusted Book per Share too high?
Nova's current Cyclically Adjusted Book per Share is ₪. Overall, Nova has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova's Cyclically Adjusted Book per Share compare to AMKR and ONTO?
Nova's Cyclically Adjusted Book per Share of ₪ can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 Nova and its competitors. Nova's current Cyclically Adjusted Book per Share is ₪. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova stock overvalued right now?
Based on GuruFocus' analysis, Nova (XTAE:NVMI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪954.72, compared to a current price of ₪1,057.40 — trading 10.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪. Nova's overall GF Score™ is 100/100 with 4 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 Nova (XTAE:NVMI), the current Cyclically Adjusted Book per Share is ₪ 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 Nova (XTAE:NVMI) Overvalued in 2026?

Based on GuruFocus' analysis, Nova stock appears to be overvalued. The current stock price of ₪1,057.40 is trading 10.8% above its estimated GF Value™ of ₪954.72. GuruFocus considers Nova to be Modestly Overvalued.

Key valuation signals for XTAE:NVMI:

  • Cyclically Adjusted Book per Share:
  • GF Value™: ₪954.72 vs. price of ₪1,057.40 (10.8% above fair value)
  • GF Score™: 100/100 with 4 warning signs

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


Nova Business Description

Other Exchanges NVMI:USA0YAA:UKNMR:Germany
Address 5 David Fikes Street, 10th Floor, Rehovot, ISR, 7632805
Nova Ltd is a provider of metrology and process control solutions used in semiconductor manufacturing. The company provides high-performance metrology solutions across the semiconductor fabrication lifecycle and develops differentiated inline metrology solutions deployed by a broad range of customers, including integrated circuit manufacturers. Its portfolio combines high-precision hardware and software, enabling customers to improve device performance, enhance yields, and accelerate time to market. Its products include Dimensional Metrology, Materials Metrology, Chemical Metrology, and Software Solutions. The company operates in China, Taiwan, R.O.C., the United States and other regions, with maximum revenue coming from China.
100GF Score

Get the complete analysis for XTAE:NVMI

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

₪1,057.40
Price
₪954.72
GF Value