Auto Nejma (CAS:NEJ) Cyclically Adjusted PB Ratio: 4.13 (As of Jul. 10, 2026) — 80% Above Median


CAS:NEJ Auto Nejma CAS:NEJ
39 GF Score
Price MAD4,834.00
GF Value MAD3,975.06
! 3 Warning Signs
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What is Auto Nejma Cyclically Adjusted PB Ratio?

Auto Nejma CAS:NEJ 39 Cyclically Adjusted PB Ratio is 4.13 as of Jul. 10, 2026, which is 80% above its 10-year median of 2.29. GuruFocus rates CAS:NEJ with a GF Score™ of 39/100 and a GF Value™ of MAD3,975.06. The stock has 3 warning signs investors should review.

As of today (2026-07-10), Auto Nejma's current share price is MAD4834.00. Auto Nejma's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was MAD1,169.84. Auto Nejma's Cyclically Adjusted PB Ratio for today is 4.13.

The historical rank and industry rank for Auto Nejma's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAS:NEJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.72   Med: 2.29   Max: 4.4
Current: 4.13

During the past 13 years, Auto Nejma's highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 1.72. And the median was 2.29.

CAS:NEJ's Cyclically Adjusted PB Ratio is not ranked
in the Vehicles & Parts industry.
Industry Median: 1.32 vs CAS:NEJ: 4.13

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.

Auto Nejma's adjusted book value per share data of for the fiscal year that ended in Dec25 was MAD1,426.205. 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 MAD1,169.84 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Auto Nejma  (CAS:NEJ) 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.


Auto Nejma Cyclically Adjusted PB Ratio Related Terms


Auto Nejma Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Auto Nejma'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.

Auto Nejma Cyclically Adjusted PB Ratio Chart

Auto Nejma 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 2.11 1.79 2.33 1.87 3.70

Auto Nejma Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 2.33 0.00 1.87 0.00 3.70

CAS:NEJ vs CVNA, PAG, ALTB: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Auto Nejma'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.


Auto Nejma Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Nejma's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CAS:NEJ
39GF Score
Auto Nejma CAS:NEJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Auto Nejma 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.

Auto Nejma's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4834.00/1169.84
=4.13

* 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.

Auto Nejma's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Auto Nejma's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1426.205/324.0540*324.0540
=1,426.205

Current CPI (Dec25) = 324.0540.

Auto Nejma Annual Data

Book Value per Share CPI Adj_Book
201612 727.274 241.432 976.159
201712 0.000 246.524 0.000
201812 815.415 251.233 1,051.767
201912 905.044 256.974 1,141.295
202012 911.374 260.474 1,133.834
202112 993.733 278.802 1,155.025
202212 1,095.409 296.797 1,196.008
202312 1,122.611 306.746 1,185.954
202412 1,229.370 315.605 1,262.281
202512 1,426.205 324.054 1,426.205

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.

What does a Cyclically Adjusted PB Ratio of 4.13 mean?
Auto Nejma (CAS:NEJ) has a Cyclically Adjusted PB Ratio of 4.13 as of Jul. 10, 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 Auto Nejma and its competitors. This is 80% above median its historical median of 2.29. Over the past decade, Auto Nejma's Cyclically Adjusted PB Ratio has ranged from 1.72 to 4.40.
Is Auto Nejma's Cyclically Adjusted PB Ratio too high?
Auto Nejma's current Cyclically Adjusted PB Ratio of 4.13 is 80% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 4.40. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.32. Auto Nejma's value of 4.13 is 212.9% above this industry median. Overall, Auto Nejma has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Auto Nejma's Cyclically Adjusted PB Ratio compare to CVNA and PAG?
Auto Nejma's Cyclically Adjusted PB Ratio of 4.13 can be compared against companies in the Vehicles & Parts industry. The industry median Cyclically Adjusted PB Ratio is 1.32. Auto Nejma's value of 4.13 is 212.9% above this benchmark. Historically, Auto Nejma's own Cyclically Adjusted PB Ratio has ranged from 1.72 to 4.40 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.32, Auto Nejma has consistently been above 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.32, based on 1,037 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. Auto Nejma's current Cyclically Adjusted PB Ratio of 4.13 is 212.9% above 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 Auto Nejma and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Nejma's current Cyclically Adjusted PB Ratio is 4.13, which is 80% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Nejma stock overvalued right now?
Auto Nejma (CAS:NEJ) has a current Cyclically Adjusted PB Ratio of 4.13. The stock's GF Value™ is MAD3,975.06, compared to a current price of MAD4,834.00 — trading 21.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.13, which is 80% above median its 10-year median of 2.29 and 212.9% above the Vehicles & Parts industry median of 1.32. Auto Nejma's overall GF Score™ is 39/100 with 3 warning signs to review. 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 Auto Nejma (CAS:NEJ), the current Cyclically Adjusted PB Ratio is 4.13 as of Jul. 10, 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 Auto Nejma (CAS:NEJ) Overvalued in 2026?

Based on GuruFocus' analysis, Auto Nejma stock appears to be overvalued. The current stock price of MAD4,834.00 is trading 21.6% above its estimated GF Value™ of MAD3,975.06.

Key valuation signals for CAS:NEJ:

  • Cyclically Adjusted PB Ratio: 4.13 (80% above median its 10-year median of 2.29)
  • GF Value™: MAD3,975.06 vs. price of MAD4,834.00 (21.6% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 212.9% above the Vehicles & Parts median

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


Auto Nejma Business Description

Address Km 10, El Jadida Road, Casablanca, MAR, 20230
Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts, and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong, and Mahindra in Morocco.
39GF Score

Get the complete analysis for CAS:NEJ

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

MAD4,834.00
Price
MAD3,975.06
GF Value