Nordson (MEX:NDSN) Cyclically Adjusted PB Ratio: (As of Aug. 22, 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.

MEX:NDSN Nordson Corp MEX:NDSN
94 GF Score
Price MXN4,925.00
GF Value MXN4,103.47
! 6 Warning Signs
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What is Nordson Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordson  (MEX:NDSN) 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.


Nordson Cyclically Adjusted PB Ratio Related Terms


Nordson Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nordson'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.

Nordson Cyclically Adjusted PB Ratio Chart

Nordson Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.83 8.69 7.18 7.42 6.12

Nordson Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 5.83 6.12 7.05 7.06 7.10

MEX:NDSN vs IEX, ITT, RRX: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nordson'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.


Nordson Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:NDSN
94GF Score
Nordson Corp MEX:NDSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordson 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.

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

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

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=1016.396/333.9180*333.9180
=1,016.396

Current CPI (Jul. 2026) = 333.9180.

Nordson Quarterly Data

Book Value per Share CPI Adj_Book
201610 279.226 241.729 385.715
201701 323.637 242.839 445.020
201704 316.115 244.524 431.682
201707 335.694 244.786 457.928
201710 382.975 246.663 518.449
201801 416.006 247.867 560.429
201804 440.403 250.546 586.952
201807 455.096 252.006 603.020
201810 506.311 252.885 668.550
201901 465.815 251.712 617.944
201904 486.473 255.548 635.662
201907 511.064 256.571 665.132
201910 526.301 257.346 682.899
202001 533.674 257.971 690.788
202004 688.331 256.389 896.474
202007 677.833 259.101 873.561
202010 644.347 260.388 826.302
202101 647.613 261.582 826.699
202104 676.715 267.054 846.148
202107 704.566 273.003 861.775
202110 763.013 276.589 921.164
202201 778.419 281.148 924.524
202204 775.469 289.109 895.659
202207 782.702 296.276 882.145
202210 797.373 298.012 893.445
202301 803.213 299.170 896.505
202304 788.104 303.363 867.483
202307 756.480 305.691 826.332
202310 822.755 307.671 892.943
202401 818.076 308.417 885.717
202404 830.809 313.548 884.783
202407 928.137 314.540 985.317
202410 1,026.905 315.664 1,086.288
202501 1,042.691 317.671 1,096.019
202504 1,026.323 320.795 1,068.308
202507 997.555 323.048 1,031.121
202510 986.898 0.000
202601 967.892 325.252 993.680
202604 1,006.688 333.020 1,009.403
202607 1,016.396 333.918 1,016.396

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 Nordson (MEX:NDSN) Overvalued in 2026?

Based on GuruFocus' analysis, Nordson stock appears to be overvalued. The current stock price of MXN4,925.00 is trading 20% above its estimated GF Value™ of MXN4,103.47.

Key valuation signals for MEX:NDSN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN4,103.47 vs. price of MXN4,925.00 (20% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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


Nordson Business Description

Other Exchanges NDSN:USAND1:Germany
Address 28601 Clemens Road, Westlake, OH, USA, 44145
Nordson manufactures equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets, including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.8 billion in revenue in its fiscal 2025.
94GF Score

Get the complete analysis for MEX:NDSN

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

MXN4,925.00
Price
MXN4,103.47
GF Value