Nutanix (MEX:NTNX) Cyclically Adjusted PB Ratio: (As of Aug. 08, 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.
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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:NTNX Nutanix Inc MEX:NTNX
46 GF Score
Price MXN1,051.00
GF Value MXN1,210.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nutanix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nutanix  (MEX:NTNX) 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

MEX:NTNX 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.


MEX:NTNX
46GF Score
Nutanix Inc MEX:NTNX
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)
=-47.687/333.0200*333.0200
=-47.687

Current CPI (Apr. 2026) = 333.0200.

Nutanix Quarterly Data

Book Value per Share CPI Adj_Book
201607 -51.759 240.628 -71.632
201610 22.676 241.729 31.240
201701 19.187 242.839 26.312
201704 11.933 244.524 16.252
201707 25.069 244.786 34.105
201710 25.912 246.663 34.984
201801 34.104 247.867 45.820
201804 39.088 250.546 51.955
201807 35.159 252.006 46.462
201810 48.789 252.885 64.249
201901 40.351 251.712 53.385
201904 31.209 255.548 40.670
201907 18.822 256.571 24.430
201910 6.339 257.346 8.203
202001 -6.415 257.971 -8.281
202004 -22.118 256.389 -28.729
202007 -30.263 259.101 -38.897
202010 -58.895 260.388 -75.323
202101 -75.212 261.582 -95.752
202104 -71.203 267.054 -88.791
202107 -93.763 273.003 -114.376
202110 -66.187 276.589 -79.691
202201 -67.900 281.148 -80.428
202204 -65.526 289.109 -75.478
202207 -71.829 296.276 -80.737
202210 -68.232 298.012 -76.247
202301 -62.986 299.170 -70.113
202304 -60.207 303.363 -66.093
202307 -49.359 305.691 -53.772
202310 -47.701 307.671 -51.631
202401 -42.943 308.417 -46.369
202404 -42.808 313.548 -45.466
202407 -51.066 314.540 -54.066
202410 -51.251 315.664 -54.069
202501 -62.488 317.671 -65.507
202504 -51.953 320.795 -53.933
202507 -48.523 323.048 -50.021
202510 -45.805 0.000
202601 -54.296 325.252 -55.593
202604 -47.687 333.020 -47.687

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 (MEX:NTNX) Overvalued in 2026?

Based on GuruFocus' analysis, Nutanix stock appears to be undervalued. The current stock price of MXN1,051.00 is trading 13.2% below its estimated GF Value™ of MXN1,210.29. GuruFocus considers Nutanix to be Modestly Undervalued.

Key valuation signals for MEX:NTNX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN1,210.29 vs. price of MXN1,051.00 (13.2% below fair value)
  • GF Score™: 46/100 with 3 warning signs

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


Nutanix Business Description

Other Exchanges NTNX:USA0K9O:UK0NU:Germany
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.
46GF Score

Get the complete analysis for MEX:NTNX

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

MXN1,051.00
Price
MXN1,210.29
GF Value