NATH (Nathan's Famous) Cyclically Adjusted PB Ratio: (As of Jul. 16, 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.

NATH Nathan's Famous Inc NATH
76 GF Score
Price $100.34
GF Value $97.23
Valuation Fairly Valued
! 4 Warning Signs
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What is Nathan's Famous Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nathan's Famous  (NAS:NATH) 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.


Nathan's Famous Cyclically Adjusted PB Ratio Related Terms


Nathan's Famous Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Nathan's Famous'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.

Nathan's Famous Cyclically Adjusted PB Ratio Chart

Nathan's Famous Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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

Nathan's Famous 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 0.00 0.00 0.00 0.00 0.00

NATH vs DIN, PTLO, LOCO: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Nathan's Famous'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.


Nathan's Famous Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nathan's Famous's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NATH
76GF Score
Nathan's Famous Inc NATH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nathan's Famous 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.

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

For example, Nathan's Famous'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)
=-3.474/330.2130*330.2130
=-3.474

Current CPI (Mar. 2026) = 330.2130.

Nathan's Famous Quarterly Data

Book Value per Share CPI Adj_Book
201606 -16.909 241.018 -23.167
201609 -16.267 241.428 -22.249
201612 -16.121 241.432 -22.049
201703 -15.922 243.801 -21.565
201706 -15.225 244.955 -20.524
201709 -14.434 246.819 -19.311
201712 -20.319 246.524 -27.217
201803 -20.207 249.554 -26.738
201806 -19.799 251.989 -25.945
201809 -18.922 252.439 -24.752
201812 -17.146 251.233 -22.536
201903 -16.721 254.202 -21.721
201906 -15.412 256.143 -19.869
201909 -14.892 256.759 -19.152
201912 -15.231 256.974 -19.572
202003 -16.035 258.115 -20.514
202006 -15.872 257.797 -20.330
202009 -15.328 260.280 -19.446
202012 -15.341 260.474 -19.448
202103 -15.183 264.877 -18.928
202106 -14.125 271.696 -17.167
202109 -13.609 274.310 -16.382
202112 -13.439 278.802 -15.917
202203 -13.363 287.504 -15.348
202206 -12.397 296.311 -13.815
202209 -11.632 296.808 -12.941
202212 -11.266 296.797 -12.534
202303 -10.922 301.836 -11.949
202306 -9.614 305.109 -10.405
202309 -8.669 307.789 -9.301
202312 -8.563 306.746 -9.218
202403 -8.059 312.332 -8.520
202406 -6.243 314.175 -6.562
202409 -5.210 315.301 -5.456
202412 -4.643 315.605 -4.858
202503 -4.037 319.799 -4.168
202506 -2.284 322.561 -2.338
202509 -1.443 324.800 -1.467
202512 -3.729 324.054 -3.800
202603 -3.474 330.213 -3.474

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 Nathan's Famous (NATH) Overvalued in 2026?

Based on GuruFocus' analysis, Nathan's Famous stock appears to be overvalued. The current stock price of $100.34 is trading 3.2% above its estimated GF Value™ of $97.23. GuruFocus considers Nathan's Famous to be Fairly Valued.

Key valuation signals for NATH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $97.23 vs. price of $100.34 (3.2% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Nathan's Famous Business Description

Address One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753
Nathan's Famous Inc is a branded licensor, wholesaler and retailer of products marketed under its brand. Its products are currently marketed for sale in thousands of locations, including supermarkets, mass merchandisers and club stores, selected foodservice locations and its company-owned and franchised restaurants throughout the United States and in twenty foreign countries. It considers itself to be in the foodservice industry. It has three segments Branded Product Program, Product Licensing, Restaurant Operations, of which majority of revenue is from Branded Product Program which derives from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors. It generates majority of revenue from United States.
76GF Score

Get the complete analysis for NATH

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

$100.34
Price
$97.23
GF Value