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Napatech AS (FRA:NAT) Cyclically Adjusted PB Ratio : 4.79 (As of Jun. 01, 2025)


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What is Napatech AS Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Napatech AS's current share price is €1.868. Napatech AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.39. Napatech AS's Cyclically Adjusted PB Ratio for today is 4.79.

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

FRA:NAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.59   Max: 7.93
Current: 5.11

During the past years, Napatech AS's highest Cyclically Adjusted PB Ratio was 7.93. The lowest was 1.74. And the median was 2.59.

FRA:NAT's Cyclically Adjusted PB Ratio is ranked worse than
84.94% of 1925 companies
in the Hardware industry
Industry Median: 1.66 vs FRA:NAT: 5.11

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.

Napatech AS's adjusted book value per share data for the three months ended in Mar. 2025 was €0.160. 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 €0.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Napatech AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Napatech AS'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.

* Premium members only.

Napatech AS Cyclically Adjusted PB Ratio Chart

Napatech AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.50 2.58 5.63

Napatech AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.00 7.11 7.11 5.63 4.55

Competitive Comparison of Napatech AS's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Napatech AS'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.


Napatech AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Napatech AS 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.

Napatech AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.868/0.39
=4.79

* 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.

Napatech AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Napatech AS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.16/120.2000*120.2000
=0.160

Current CPI (Mar. 2025) = 120.2000.

Napatech AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.867 100.300 1.039
201509 0.887 100.200 1.064
201512 0.913 99.800 1.100
201603 0.912 100.200 1.094
201606 0.891 100.600 1.065
201609 0.876 100.200 1.051
201612 0.936 100.300 1.122
201703 0.929 101.200 1.103
201706 0.938 101.200 1.114
201709 0.889 101.800 1.050
201712 0.831 101.300 0.986
201803 0.731 101.700 0.864
201806 0.620 102.300 0.728
201809 0.274 102.400 0.322
201812 0.118 102.100 0.139
201903 0.105 102.900 0.123
201906 0.122 102.900 0.143
201909 0.122 102.900 0.143
201912 0.126 102.900 0.147
202003 0.124 103.300 0.144
202006 0.132 103.200 0.154
202009 0.135 103.500 0.157
202012 0.145 103.400 0.169
202103 0.155 104.300 0.179
202106 0.165 105.000 0.189
202109 0.180 105.800 0.204
202112 0.216 106.600 0.244
202203 0.207 109.900 0.226
202206 0.190 113.600 0.201
202209 0.172 116.400 0.178
202212 0.143 115.900 0.148
202303 0.101 117.300 0.103
202306 0.161 116.400 0.166
202309 0.161 117.400 0.165
202312 0.167 116.700 0.172
202403 0.124 118.400 0.126
202406 0.257 118.500 0.261
202409 0.226 118.900 0.228
202412 0.206 118.900 0.208
202503 0.160 120.200 0.160

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.


Napatech AS  (FRA:NAT) 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.


Napatech AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Napatech AS's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Napatech AS Business Description

Industry
Traded in Other Exchanges
Address
Tobaksvejen 23A, Soeborg, Copenhagen, DNK, DK-2860
Napatech AS is a tech company. It enhances open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. The Group manufactures and sells network adapters to end-users and through third-party channel partners. It derives maximum of its revenue from the Americas.