NAOS Small Cap Opportunities CoASX:NSC -1.45%35 Cyclically Adjusted PB Ratio is 0.33 as of Jul. 08, 2026, which is 46% below its 10-year median of 0.61. GuruFocus rates ASX:NSC with a GF Score™ of 35/100. Among 1,004 Asset Management companies, NAOS Small Cap Opportunities Co ranks better than 85.16% on this metric.
The historical rank and industry rank for NAOS Small Cap Opportunities Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
ASX:NSC'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.61 Max: 0.93
Current: 0.34
During the past 13 years, NAOS Small Cap Opportunities Co's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.22. And the median was 0.61.
ASX:NSC's Cyclically Adjusted PB Ratio is ranked better than 85.16% of 1004
companies
in the Asset Management industry
Industry Median: 0.86
vs ASX:NSC: 0.34
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.
NAOS Small Cap Opportunities Co's adjusted book value per share data of for the fiscal year that ended in Jun25 was A$0.472. 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 A$1.03 for the trailing ten years ended in Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
NAOS Small Cap Opportunities Co (ASX:NSC) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
NAOS Small Cap Opportunities Co Cyclically Adjusted PB Ratio Related Terms
NAOS Small Cap Opportunities Co Cyclically Adjusted PB Ratio Historical Data
* 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.
NAOS Small Cap Opportunities Co Cyclically Adjusted PB Ratio Chart
ASX:NSC vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, NAOS Small Cap Opportunities Co'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.
NAOS Small Cap Opportunities Co Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NAOS Small Cap Opportunities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where NAOS Small Cap Opportunities Co's Cyclically Adjusted PB Ratio falls into.
NAOS Small Cap Opportunities Co Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.33 mean?
NAOS Small Cap Opportunities Co (ASX:NSC) has a Cyclically Adjusted PB Ratio of 0.33 as of Jul. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NAOS Small Cap Opportunities Co and its competitors. This is 46% below median its historical median of 0.61. Over the past decade, NAOS Small Cap Opportunities Co's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.93. According to the industry distribution chart, NAOS Small Cap Opportunities Co ranks #149 out of 1004 companies in the Asset Management industry, placing it in the top 14.8%.
Is NAOS Small Cap Opportunities Co's Cyclically Adjusted PB Ratio too high?
NAOS Small Cap Opportunities Co's current Cyclically Adjusted PB Ratio of 0.33 is 46% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.93. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. NAOS Small Cap Opportunities Co's value of 0.33 is 61.6% below this industry median. Based on the distribution chart, NAOS Small Cap Opportunities Co ranks #149 out of 1004 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, NAOS Small Cap Opportunities Co has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NAOS Small Cap Opportunities Co's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, NAOS Small Cap Opportunities Co ranks #149 out of 1004 companies for Cyclically Adjusted PB Ratio. This places NAOS Small Cap Opportunities Co in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.86. NAOS Small Cap Opportunities Co's value of 0.33 is 61.6% below this benchmark. Historically, NAOS Small Cap Opportunities Co's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.93 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.86, NAOS Small Cap Opportunities Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NAOS Small Cap Opportunities Co's current Cyclically Adjusted PB Ratio of 0.33 is 61.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NAOS Small Cap Opportunities Co and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAOS Small Cap Opportunities Co's current Cyclically Adjusted PB Ratio is 0.33, which is 46% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAOS Small Cap Opportunities Co stock overvalued right now?
NAOS Small Cap Opportunities Co (ASX:NSC) has a current Cyclically Adjusted PB Ratio of 0.33. The current Cyclically Adjusted PB Ratio is 0.33, which is 46% below median its 10-year median of 0.61 and 61.6% below the Asset Management industry median of 0.86. NAOS Small Cap Opportunities Co's overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For NAOS Small Cap Opportunities Co (ASX:NSC), the current Cyclically Adjusted PB Ratio is 0.33 as of Jul. 08, 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.
NAOS Small Cap Opportunities Co Business Description
NAOS Small Cap Opportunities Co Ltd is an investment company. The company invests in a concentrated portfolio of small-cap Australian listed equities that are outside the S&P/ASX100 Accumulation Index. The Company invests mainly in a concentrated portfolio of listed equities with the objective of providing investors with a long-term, concentrated exposure to Australian emerging companies It operates predominantly in Australia and one industry being the securities industry. The company derives revenue from dividend income, interest income and income from the investment portfolio.
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