Nobia AB (CHIX:NOBIS) Cyclically Adjusted PB Ratio: 0.16 (As of Aug. 04, 2026) — 92% Below Median

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Founder & CEO of GuruFocus
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CHIX:NOBIS Nobia AB CHIX:NOBIS
49 GF Score
Price kr17.46
GF Value kr11.01
! 5 Warning Signs
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What is Nobia AB Cyclically Adjusted PB Ratio?

Nobia AB CHIX:NOBIS 49 Cyclically Adjusted PB Ratio is 0.16 as of Aug. 04, 2026, which is 92% below its 10-year median of 1.91. GuruFocus rates CHIX:NOBIS with a GF Score™ of 49/100 and a GF Value™ of kr11.01. The stock has 5 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, Nobia AB ranks better than 93.11% on this metric.

As of today (2026-08-04), Nobia AB's current share price is kr17.46. Nobia AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr110.12. Nobia AB's Cyclically Adjusted PB Ratio for today is 0.16.

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

CHIX:NOBIs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.91   Max: 4.59
Current: 0.19

During the past years, Nobia AB's highest Cyclically Adjusted PB Ratio was 4.59. The lowest was 0.16. And the median was 1.91.

CHIX:NOBIs's Cyclically Adjusted PB Ratio is ranked better than
93.11% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs CHIX:NOBIs: 0.19

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.

Nobia AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr14.423. 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 kr110.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nobia AB  (CHIX:NOBIs) 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.


Nobia AB Cyclically Adjusted PB Ratio Related Terms


Nobia AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nobia AB'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.

Nobia AB Cyclically Adjusted PB Ratio Chart

Nobia AB 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 2.27 0.77 0.38 0.29 0.35

Nobia AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.33 0.37 0.35 0.23 0.16

CHIX:NOBIS vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nobia AB'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.


Nobia AB Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nobia AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:NOBIS
49GF Score
Nobia AB CHIX:NOBIS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nobia AB 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.

Nobia AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.46/110.12
=0.16

* 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.

Nobia AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nobia AB'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)
=14.423/134.6100*134.6100
=14.423

Current CPI (Jun. 2026) = 134.6100.

Nobia AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 66.949 101.138 89.106
201612 64.474 102.022 85.069
201703 67.968 102.022 89.679
201706 64.206 102.752 84.113
201709 68.810 103.279 89.684
201712 78.376 103.793 101.647
201803 86.885 103.962 112.499
201806 73.029 104.875 93.735
201809 74.556 105.679 94.967
201812 73.481 105.912 93.392
201903 80.043 105.886 101.756
201906 72.463 106.742 91.382
201909 77.988 107.214 97.916
201912 80.567 107.766 100.636
202003 86.284 106.563 108.994
202006 75.103 107.498 94.045
202009 78.665 107.635 98.380
202012 75.990 108.296 94.454
202103 85.239 108.360 105.888
202106 82.451 108.928 101.891
202109 87.247 110.338 106.439
202112 93.068 112.486 111.373
202203 97.586 114.825 114.400
202206 93.011 118.384 105.760
202209 90.194 122.296 99.275
202212 89.135 126.365 94.951
202303 86.583 127.042 91.741
202306 91.631 129.407 95.316
202309 88.171 130.224 91.141
202312 81.819 131.912 83.493
202403 175.280 132.205 178.468
202406 54.195 132.716 54.968
202409 54.026 132.304 54.968
202412 45.680 132.987 46.237
202503 44.106 132.825 44.699
202506 42.131 133.699 42.418
202509 21.879 133.480 22.064
202512 10.004 133.390 10.095
202603 14.132 133.560 14.243
202606 14.423 134.610 14.423

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 0.16 mean?
Nobia AB (CHIX:NOBIS) has a Cyclically Adjusted PB Ratio of 0.16 as of Aug. 04, 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 Nobia AB and its competitors. This is 92% below median its historical median of 1.91. Over the past decade, Nobia AB's Cyclically Adjusted PB Ratio has ranged from 0.16 to 4.59. According to the industry distribution chart, Nobia AB ranks #23 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.9%.
Is Nobia AB's Cyclically Adjusted PB Ratio too high?
Nobia AB's current Cyclically Adjusted PB Ratio of 0.16 is 92% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 4.59. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Nobia AB's value of 0.16 is 86.6% below this industry median. Based on the distribution chart, Nobia AB ranks #23 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Nobia AB has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Nobia AB's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nobia AB ranks #23 out of 334 companies for Cyclically Adjusted PB Ratio. This places Nobia AB in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Nobia AB's value of 0.16 is 86.6% below this benchmark. Historically, Nobia AB's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 4.59 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.20, Nobia AB 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 334 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. Nobia AB's current Cyclically Adjusted PB Ratio of 0.16 is 86.6% 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 Nobia AB and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nobia AB's current Cyclically Adjusted PB Ratio is 0.16, which is 92% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobia AB stock overvalued right now?
Nobia AB (CHIX:NOBIS) has a current Cyclically Adjusted PB Ratio of 0.16. The stock's GF Value™ is kr11.01, compared to a current price of kr17.46 — trading 58.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is 92% below median its 10-year median of 1.91 and 86.6% below the Furnishings, Fixtures & Appliances industry median of 1.20. Nobia AB's overall GF Score™ is 49/100 with 5 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 Nobia AB (CHIX:NOBIS), the current Cyclically Adjusted PB Ratio is 0.16 as of Aug. 04, 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 Nobia AB (CHIX:NOBIS) Overvalued in 2026?

Based on GuruFocus' analysis, Nobia AB stock appears to be overvalued. The current stock price of kr17.46 is trading 58.6% above its estimated GF Value™ of kr11.01.

Key valuation signals for CHIX:NOBIS:

  • Cyclically Adjusted PB Ratio: 0.16 (92% below median its 10-year median of 1.91)
  • GF Value™: kr11.01 vs. price of kr17.46 (58.6% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 86.6% below the Furnishings, Fixtures & Appliances median (#23 of 334)

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


Nobia AB Business Description

Other Exchanges NBIAY:USANOBI:Sweden0GW0:UK
Address Blekholmstorget 30E, Stockholm, SWE, SE-111 64
Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.
49GF Score

Get the complete analysis for CHIX:NOBIS

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

kr17.46
Price
kr11.01
GF Value