Nortec Quimica (BSP:NRTQ3) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Nortec Quimica Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nortec Quimica  (BSP:NRTQ3) 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.


Nortec Quimica Cyclically Adjusted PB Ratio Related Terms


Nortec Quimica Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nortec Quimica'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.

Nortec Quimica Cyclically Adjusted PB Ratio Chart

Nortec Quimica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nortec Quimica Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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

Nortec Quimica Cyclically Adjusted PB Ratio Competitor Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Nortec Quimica'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.


Nortec Quimica Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nortec Quimica's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nortec Quimica 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.

Nortec Quimica's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Nortec Quimica's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=17.92/171.7653*171.7653
=17.920

Current CPI (Dec. 2025) = 171.7653.

Nortec Quimica Quarterly Data

Book Value per Share CPI Adj_Book
201512 6.936 104.247 11.428
201603 7.546 106.979 12.116
201606 8.082 108.851 12.753
201609 8.294 109.986 12.953
201612 7.934 110.802 12.299
201703 8.186 111.869 12.569
201706 8.334 112.115 12.768
201709 8.600 112.777 13.098
201712 8.816 114.068 13.275
201803 9.346 114.868 13.975
201806 9.719 117.038 14.264
201809 10.498 117.881 15.297
201812 10.289 118.340 14.934
201903 10.435 120.124 14.921
201906 10.760 120.977 15.277
201909 11.054 121.292 15.654
201912 11.303 123.436 15.728
202003 11.522 124.092 15.949
202006 12.060 123.557 16.765
202009 12.629 125.095 17.341
202012 13.194 129.012 17.566
202103 13.795 131.660 17.997
202106 14.445 133.871 18.534
202109 15.147 137.913 18.865
202112 15.659 141.992 18.942
202203 16.164 146.537 18.947
202206 17.143 149.784 19.659
202209 17.247 147.800 20.044
202212 17.563 150.207 20.084
202303 19.147 153.352 21.446
202306 19.826 154.519 22.039
202309 20.153 155.464 22.266
202312 19.765 157.148 21.603
202403 19.666 159.372 21.195
202406 19.739 161.052 21.052
202409 20.274 162.342 21.451
202412 20.180 164.740 21.041
202503 20.025 168.102 20.461
202506 19.984 169.670 20.231
202512 17.920 171.765 17.920

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.


Nortec Quimica Business Description

Address Rua 177, 200 A, B, C and D, Industrial District, Mantiquira, Xerem, Duque de Caixas, RJ, BRA, 25250-612
Nortec Quimica SA is engaged in the research and development of product technologies, provision of technical assistance services in third-party commercial, technological and production areas.