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Nexstim OyjFRA:5NX +6.07%69 Cyclically Adjusted PB Ratio is 5.07 as of Sep. 07, 2026, which is 1590% above its 10-year median of 0.30. GuruFocus rates FRA:5NX with a GF Score™ of 69/100 and a GF Value™ of €9.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 513 Medical Devices & Instruments companies, Nexstim Oyj ranks worse than 82.46% on this metric.
The historical rank and industry rank for Nexstim Oyj's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:5NX'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.3 Max: 6.97
Current: 5.38
During the past 13 years, Nexstim Oyj's highest Cyclically Adjusted PB Ratio was 6.97. The lowest was 0.10. And the median was 0.30.
FRA:5NX's Cyclically Adjusted PB Ratio is ranked worse than 82.46% of 513
companies
in the Medical Devices & Instruments industry
Industry Median: 1.81
vs FRA:5NX: 5.38
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.
Nexstim Oyj's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.580. 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 €1.93 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nexstim Oyj (FRA:5NX) 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.
Nexstim Oyj Cyclically Adjusted PB Ratio Related Terms
Nexstim Oyj Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Nexstim Oyj'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.
FRA:5NX vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison
For the Medical Devices subindustry, Nexstim Oyj'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.
Nexstim Oyj Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nexstim Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Nexstim Oyj's Cyclically Adjusted PB Ratio falls into.
Nexstim Oyj 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.
Nexstim Oyj's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 5.07 mean?
Nexstim Oyj (FRA:5NX) has a Cyclically Adjusted PB Ratio of 5.07 as of Sep. 07, 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 Nexstim Oyj and its competitors. This is 1590% above median its historical median of 0.30. Over the past decade, Nexstim Oyj's Cyclically Adjusted PB Ratio has ranged from 0.10 to 6.97. According to the industry distribution chart, Nexstim Oyj ranks #423 out of 513 companies in the Medical Devices & Instruments industry, placing it in the top 82.5%.
Is Nexstim Oyj's Cyclically Adjusted PB Ratio too high?
Nexstim Oyj's current Cyclically Adjusted PB Ratio of 5.07 is 1590% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 6.97. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.81. Nexstim Oyj's value of 5.07 is 180.1% above this industry median. Based on the distribution chart, Nexstim Oyj ranks #423 out of 513 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Nexstim Oyj has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nexstim Oyj's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Nexstim Oyj ranks #423 out of 513 companies for Cyclically Adjusted PB Ratio. This places Nexstim Oyj in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Nexstim Oyj's value of 5.07 is 180.1% above this benchmark. Historically, Nexstim Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 6.97 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.81, Nexstim Oyj 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.81, based on 513 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. Nexstim Oyj's current Cyclically Adjusted PB Ratio of 5.07 is 180.1% 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 Nexstim Oyj and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstim Oyj's current Cyclically Adjusted PB Ratio is 5.07, which is 1590% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstim Oyj stock overvalued right now?
Based on GuruFocus' analysis, Nexstim Oyj (FRA:5NX) is currently considered Fairly Valued. The stock's GF Value™ is €9.65, compared to a current price of €9.78 — trading 1.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.07, which is 1590% above median its 10-year median of 0.30 and 180.1% above the Medical Devices & Instruments industry median of 1.81. Nexstim Oyj's overall GF Score™ is 69/100 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 Nexstim Oyj (FRA:5NX), the current Cyclically Adjusted PB Ratio is 5.07 as of Sep. 07, 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 Nexstim Oyj (FRA:5NX) Overvalued in 2026?
Based on GuruFocus' analysis, Nexstim Oyj stock appears to be overvalued.
The current stock price of €9.78 is trading 1.3% above its estimated GF Value™ of €9.65.
GuruFocus considers Nexstim Oyj to be Fairly Valued.
Key valuation signals for FRA:5NX:
Cyclically Adjusted PB Ratio: 5.07 (1590% above median its 10-year median of 0.30)
GF Value™: €9.65 vs. price of €9.78 (1.3% above fair value)
Industry Position: 180.1% above the Medical Devices & Instruments median (#423 of 513)
No single metric tells the full story. See the FRA:5NX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexstim Oyj is a Finnish medical technology company. It has developed a non-invasive brain-stimulation technology for navigated transcranial magnetic stimulation (nTMS), with sophisticated 3D navigation that provides accurate, personalized targeting of TMS to specific brain areas. The company's diagnostic business focuses on commercializing the NBS System 6, an FDA-cleared, CE-marked navigated TMS system for pre-surgical mapping of the brain's speech and motor cortices. Its therapy business sells the NBS System 6 for the treatment of depressive disorder in the United States, and for the treatment of depression, chronic neuropathic pain, and post-operative rehabilitation of motor deficits of the upper limb, in Europe. Geographically, the firm generates maximum revenue from North America.
69GF Score
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