Nordon Industrias Metalurgicas (BSP:NORD3) Cyclically Adjusted PB Ratio: (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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BSP:NORD3 Nordon Industrias Metalurgicas SA BSP:NORD3
31 GF Score
Price R$1.49
GF Value R$7.00
Valuation Possible Value Trap
! 2 Warning Signs
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What is Nordon Industrias Metalurgicas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordon Industrias Metalurgicas  (BSP:NORD3) 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.


Nordon Industrias Metalurgicas Cyclically Adjusted PB Ratio Related Terms


Nordon Industrias Metalurgicas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nordon Industrias Metalurgicas's Cyclically Adjusted PB Ratio 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.

Nordon Industrias Metalurgicas Cyclically Adjusted PB Ratio Chart

Nordon Industrias Metalurgicas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Nordon Industrias Metalurgicas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.00

BSP:NORD3 vs XXI, CCXI, DMII: Cyclically Adjusted PB Ratio Comparison

For the Shell Companies subindustry, Nordon Industrias Metalurgicas'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.


Nordon Industrias Metalurgicas Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Nordon Industrias Metalurgicas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:NORD3
31GF Score
Nordon Industrias Metalurgicas SA BSP:NORD3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordon Industrias Metalurgicas 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.

Nordon Industrias Metalurgicas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nordon Industrias Metalurgicas'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)
=-27.807/175.0655*175.0655
=-27.807

Current CPI (Mar. 2026) = 175.0655.

Nordon Industrias Metalurgicas Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 108.851 0.000
201609 0.000 109.986 0.000
201612 -19.641 110.802 -31.032
201703 -19.644 111.869 -30.741
201706 -19.753 112.115 -30.844
201709 -20.023 112.777 -31.082
201712 -20.220 114.068 -31.033
201803 -20.252 114.868 -30.865
201806 -20.419 117.038 -30.543
201809 -20.505 117.881 -30.452
201812 -20.989 118.340 -31.050
201903 -21.045 120.124 -30.671
201906 -21.113 120.977 -30.552
201909 -21.179 121.292 -30.568
201912 -21.039 123.436 -29.839
202003 -21.045 124.092 -29.690
202006 -21.095 123.557 -29.889
202009 -21.129 125.095 -29.569
202012 -21.141 129.012 -28.688
202103 -21.179 131.660 -28.161
202106 -21.271 133.871 -27.817
202109 -21.279 137.913 -27.011
202112 -22.301 141.992 -27.495
202203 -22.369 146.537 -26.724
202206 -22.444 149.784 -26.232
202209 -22.492 147.800 -26.641
202212 -23.489 150.207 -27.376
202303 -23.546 153.352 -26.880
202306 -23.597 154.519 -26.735
202309 -23.626 155.464 -26.605
202312 -24.550 157.148 -27.349
202403 -24.947 159.372 -27.403
202406 -24.873 161.052 -27.037
202409 -24.928 162.342 -26.882
202412 -25.951 164.740 -27.578
202503 -18.695 168.102 -19.469
202506 -19.142 169.670 -19.751
202509 -19.155 170.739 -19.640
202512 -27.798 171.765 -28.332
202603 -27.807 175.066 -27.807

Add all the adjusted book value per share together and divide the count will get our 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.

Is Nordon Industrias Metalurgicas (BSP:NORD3) Overvalued in 2026?

Based on GuruFocus' analysis, Nordon Industrias Metalurgicas stock appears to be undervalued. The current stock price of R$1.49 is trading 78.7% below its estimated GF Value™ of R$7.00. GuruFocus considers Nordon Industrias Metalurgicas to be Possible Value Trap.

Key valuation signals for BSP:NORD3:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$7.00 vs. price of R$1.49 (78.7% below fair value)
  • GF Score™: 31/100 with 2 warning signs

No single metric tells the full story. See the BSP:NORD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordon Industrias Metalurgicas Business Description

Address Alameda Roger Adam 169, Santo Andre, Sao Paulo, SP, BRA, 9080620
Nordon Industrias Metalurgicas SA is a shell company.
31GF Score

Get the complete analysis for BSP:NORD3

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

R$1.49
Price
R$7.00
GF Value