Nutanix (FRA:0NU) Cyclically Adjusted PB Ratio: (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:0NU Nutanix Inc FRA:0NU
72 GF Score
Price €57.39
GF Value €59.85
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nutanix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nutanix  (FRA:0NU) 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.


Nutanix Cyclically Adjusted PB Ratio Related Terms


Nutanix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nutanix'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.

Nutanix Cyclically Adjusted PB Ratio Chart

Nutanix Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
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

Nutanix Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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

FRA:0NU vs RBRK, DOCN, GEN: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Nutanix'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.


Nutanix Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Nutanix's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:0NU
72GF Score
Nutanix Inc FRA:0NU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nutanix 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.

Nutanix's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Nutanix's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-2.328/333.0200*333.0200
=-2.328

Current CPI (Apr. 2026) = 333.0200.

Nutanix Quarterly Data

Book Value per Share CPI Adj_Book
201607 -2.497 240.628 -3.456
201610 1.096 241.729 1.510
201701 0.866 242.839 1.188
201704 0.588 244.524 0.801
201707 1.217 244.786 1.656
201710 1.153 246.663 1.557
201801 1.502 247.867 2.018
201804 1.697 250.546 2.256
201807 1.618 252.006 2.138
201810 2.096 252.885 2.760
201901 1.855 251.712 2.454
201904 1.462 255.548 1.905
201907 0.884 256.571 1.147
201910 0.299 257.346 0.387
202001 -0.306 257.971 -0.395
202004 -0.849 256.389 -1.103
202007 -1.185 259.101 -1.523
202010 -2.353 260.388 -3.009
202101 -3.049 261.582 -3.882
202104 -2.951 267.054 -3.680
202107 -3.997 273.003 -4.876
202110 -2.776 276.589 -3.342
202201 -2.909 281.148 -3.446
202204 -2.980 289.109 -3.433
202207 -3.467 296.276 -3.897
202210 -3.489 298.012 -3.899
202301 -3.109 299.170 -3.461
202304 -3.053 303.363 -3.351
202307 -2.669 305.691 -2.908
202310 -2.502 307.671 -2.708
202401 -2.295 308.417 -2.478
202404 -2.338 313.548 -2.483
202407 -2.532 314.540 -2.681
202410 -2.349 315.664 -2.478
202501 -2.926 317.671 -3.067
202504 -2.360 320.795 -2.450
202507 -2.212 323.048 -2.280
202510 -2.121 0.000
202601 -2.663 325.252 -2.727
202604 -2.328 333.020 -2.328

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 Nutanix (FRA:0NU) Overvalued in 2026?

Based on GuruFocus' analysis, Nutanix stock appears to be undervalued. The current stock price of €57.39 is trading 4.1% below its estimated GF Value™ of €59.85. GuruFocus considers Nutanix to be Fairly Valued.

Key valuation signals for FRA:0NU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €59.85 vs. price of €57.39 (4.1% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the FRA:0NU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nutanix Business Description

Other Exchanges NTNX:USANTNX:Mexico0K9O:UK
Address 1740 Technology Drive, Suite 150, San Jose, CA, USA, 95110
Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data anywhere. Its Nutanix Cloud Platform is designed to enable organizations to build a hybrid multicloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data in core data centers, at the edge, and in public clouds, all while supporting a variety of hypervisors and container platforms. The company operates a single operating and reportable segment based on a subscription business model. It conducts business in the United States, Europe, the Middle East and Africa, Asia Pacific, and other Americas, with key revenue generated from the United States.
72GF Score

Get the complete analysis for FRA:0NU

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

€57.39
Price
€59.85
GF Value