Nebius Group NV (MEX:NBISN) Cyclically Adjusted PB Ratio: 14.98 (As of Aug. 09, 2026) — 197% Above Median

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MEX:NBISN Nebius Group NV MEX:NBISN
38 GF Score
Price MXN3,218.91
GF Value MXN418.11
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Nebius Group NV Cyclically Adjusted PB Ratio?

Nebius Group NV MEX:NBISN -2.06% 38 Cyclically Adjusted PB Ratio is 14.98 as of Aug. 09, 2026, which is 197% above its 10-year median of 5.04. GuruFocus rates MEX:NBISN with a GF Score™ of 38/100 and a GF Value™ of MXN418.11 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 346 Interactive Media companies, Nebius Group NV ranks worse than 96.53% on this metric.

As of today (2026-08-09), Nebius Group NV's current share price is MXN3218.91. Nebius Group NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN214.93. Nebius Group NV's Cyclically Adjusted PB Ratio for today is 14.98.

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

MEX:NBISN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 5.04   Max: 23.65
Current: 15.51

During the past years, Nebius Group NV's highest Cyclically Adjusted PB Ratio was 23.65. The lowest was 1.83. And the median was 5.04.

MEX:NBISN's Cyclically Adjusted PB Ratio is ranked worse than
96.53% of 346 companies
in the Interactive Media industry
Industry Median: 1.505 vs MEX:NBISN: 15.51

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.

Nebius Group NV's adjusted book value per share data for the three months ended in Mar. 2026 was MXN514.273. 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 MXN214.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nebius Group NV  (MEX:NBISN) 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.


Nebius Group NV Cyclically Adjusted PB Ratio Related Terms


Nebius Group NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nebius Group NV'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.

Nebius Group NV Cyclically Adjusted PB Ratio Chart

Nebius Group NV 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 9.01 2.32 2.18 2.81 7.35

Nebius Group NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.06 5.24 10.13 7.35 8.56

MEX:NBISN vs BIDU, RDDT, TME: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Nebius Group NV'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.


Nebius Group NV Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nebius Group NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:NBISN
38GF Score
Nebius Group NV MEX:NBISN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nebius Group NV 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.

Nebius Group NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3218.91/214.93
=14.98

* 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.

Nebius Group NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nebius Group NV's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=514.273/136.9100*136.9100
=514.273

Current CPI (Mar. 2026) = 136.9100.

Nebius Group NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 66.952 100.260 91.426
201609 72.978 100.570 99.348
201612 80.453 100.710 109.372
201703 81.441 101.440 109.918
201706 75.393 101.370 101.826
201709 79.144 102.030 106.200
201712 86.442 101.970 116.061
201803 137.084 102.470 183.158
201806 170.852 103.100 226.880
201809 156.707 103.950 206.395
201812 155.636 103.970 204.945
201903 167.062 105.370 217.068
201906 174.400 105.840 225.596
201909 180.958 106.700 232.193
201912 179.773 106.800 230.456
202003 188.252 106.850 241.213
202006 260.752 107.510 332.058
202009 255.036 107.880 323.665
202012 245.181 107.850 311.245
202103 249.338 108.870 313.556
202106 251.802 109.670 314.345
202109 203.160 110.790 251.057
202112 197.998 114.010 237.768
202203 155.645 119.460 178.381
202206 281.782 119.050 324.055
202209 292.719 126.890 315.834
202212 228.988 124.940 250.926
202303 206.571 124.720 226.761
202306 161.117 125.830 175.304
202309 150.502 127.160 162.042
202312 154.664 126.450 167.458
202403 153.065 128.580 162.981
202406 270.166 129.910 284.723
202409 283.857 131.610 295.288
202412 287.835 131.630 299.381
202503 271.617 133.330 278.910
202506 297.814 133.960 304.372
202509 350.468 135.920 353.021
202512 326.927 135.270 330.891
202603 514.273 136.910 514.273

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 14.98 mean?
Nebius Group NV (MEX:NBISN) has a Cyclically Adjusted PB Ratio of 14.98 as of Aug. 09, 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 Nebius Group NV and its competitors. This is 197% above median its historical median of 5.04. Over the past decade, Nebius Group NV's Cyclically Adjusted PB Ratio has ranged from 1.83 to 23.65. According to the industry distribution chart, Nebius Group NV ranks #334 out of 346 companies in the Interactive Media industry, placing it in the top 96.5%.
Is Nebius Group NV's Cyclically Adjusted PB Ratio too high?
Nebius Group NV's current Cyclically Adjusted PB Ratio of 14.98 is 197% above median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 23.65. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. Nebius Group NV's value of 14.98 is 895.3% above this industry median. Based on the distribution chart, Nebius Group NV ranks #334 out of 346 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nebius Group NV has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nebius Group NV's Cyclically Adjusted PB Ratio compare to BIDU and RDDT?
According to the Interactive Media industry distribution chart, Nebius Group NV ranks #334 out of 346 companies for Cyclically Adjusted PB Ratio. This places Nebius Group NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Nebius Group NV's value of 14.98 is 895.3% above this benchmark. Historically, Nebius Group NV's own Cyclically Adjusted PB Ratio has ranged from 1.83 to 23.65 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 1.51, Nebius Group NV 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.51, based on 346 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. Nebius Group NV's current Cyclically Adjusted PB Ratio of 14.98 is 895.3% 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 Nebius Group NV and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nebius Group NV's current Cyclically Adjusted PB Ratio is 14.98, which is 197% above median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nebius Group NV stock overvalued right now?
Based on GuruFocus' analysis, Nebius Group NV (MEX:NBISN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN418.11, compared to a current price of MXN3,218.91 — trading 669.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.98, which is 197% above median its 10-year median of 5.04 and 895.3% above the Interactive Media industry median of 1.51. Nebius Group NV's overall GF Score™ is 38/100 with 9 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 Nebius Group NV (MEX:NBISN), the current Cyclically Adjusted PB Ratio is 14.98 as of Aug. 09, 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 Nebius Group NV (MEX:NBISN) Overvalued in 2026?

Based on GuruFocus' analysis, Nebius Group NV stock appears to be overvalued. The current stock price of MXN3,218.91 is trading 669.9% above its estimated GF Value™ of MXN418.11. GuruFocus considers Nebius Group NV to be Significantly Overvalued.

Key valuation signals for MEX:NBISN:

  • Cyclically Adjusted PB Ratio: 14.98 (197% above median its 10-year median of 5.04)
  • GF Value™: MXN418.11 vs. price of MXN3,218.91 (669.9% above fair value)
  • GF Score™: 38/100 with 9 warning signs
  • Industry Position: 895.3% above the Interactive Media median (#334 of 346)

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


Nebius Group NV Business Description

Other Exchanges NBIS:USAYDX:Germany
Address Schiphol Boulevard 165, Schiphol P7, Amsterdam, NLD, 1118 BG
Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing. It is a carve-out of the previous Russian tech firm Yandex, following the Russian sanctions since the Ukraine-Russia war. Nebius designs and operates its own data centers and servers across Europe and the US, with a total capacity of several hundred megawatts. In September 2025, Microsoft became a major Nebius client under a multiyear $17 billion revenue agreement to provide computing capacity.
38GF Score

Get the complete analysis for MEX:NBISN

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

MXN3,218.91
Price
MXN418.11
GF Value