nVent Electric (MIL:1NVT) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

MIL:1NVT nVent Electric PLC MIL:1NVT
69 GF Score
Price €129.00
GF Value €120.11
Valuation Fairly Valued
! 4 Warning Signs
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What is nVent Electric Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


nVent Electric  (MIL:1NVT) 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.


nVent Electric Cyclically Adjusted PB Ratio Related Terms


nVent Electric Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for nVent Electric'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.

nVent Electric Cyclically Adjusted PB Ratio Chart

nVent Electric 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 - - - - 4.64

nVent Electric Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - 4.64 5.24 7.56

MIL:1NVT vs HUBB, AEIS, AYI: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, nVent Electric'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.


nVent Electric Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MIL:1NVT
69GF Score
nVent Electric PLC MIL:1NVT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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nVent Electric 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.

nVent Electric's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, nVent Electric's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=19.639/139.9000*139.9000
=19.639

Current CPI (Dec25) = 139.9000.

nVent Electric Annual Data

Book Value per Share CPI Adj_Book
201612 18.458 102.200 25.267
201712 17.635 105.000 23.497
201812 13.263 107.100 17.325
201912 13.626 108.500 17.569
202012 11.711 109.400 14.976
202112 13.216 114.700 16.120
202212 15.480 125.300 17.284
202312 17.232 130.500 18.473
202412 18.947 135.100 19.620
202512 19.639 139.900 19.639

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 nVent Electric (MIL:1NVT) Overvalued in 2026?

Based on GuruFocus' analysis, nVent Electric stock appears to be overvalued. The current stock price of €129.00 is trading 7.4% above its estimated GF Value™ of €120.11. GuruFocus considers nVent Electric to be Fairly Valued.

Key valuation signals for MIL:1NVT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €120.11 vs. price of €129.00 (7.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the MIL:1NVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


nVent Electric Business Description

Other Exchanges NVT:USA
Address 1000 Great West Road, 8th Floor (East), The Mille, London, GBR, TW8 9DW
NVent is a leading global provider of electrical connection and protection solutions that touch a broad range of end markets, including infrastructure, industrial, commercial, and residential. NVent designs, manufactures, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. North America accounts for the majority of sales.
69GF Score

Get the complete analysis for MIL:1NVT

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

€129.00
Price
€120.11
GF Value