NBIAY (Nobia AB) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 11, 2026) — 91% Below Median

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Director of Data and Quant Analytics at GuruFocus
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NBIAY Nobia AB NBIAY
49 GF Score
Price $8.13
GF Value $6.17
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nobia AB Cyclically Adjusted PB Ratio?

Nobia AB NBIAY 49 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 11, 2026, which is 91% below its 10-year median of 1.89. GuruFocus rates NBIAY with a GF Score™ of 49/100 and a GF Value™ of $6.17 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 332 Furnishings, Fixtures & Appliances companies, Nobia AB ranks better than 93.37% on this metric.

As of today (2026-08-11), Nobia AB's current share price is $8.13. Nobia AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $49.06. Nobia AB's Cyclically Adjusted PB Ratio for today is 0.17.

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

NBIAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.89   Max: 4.59
Current: 0.19

During the past years, Nobia AB's highest Cyclically Adjusted PB Ratio was 4.59. The lowest was 0.16. And the median was 1.89.

NBIAY's Cyclically Adjusted PB Ratio is ranked better than
93.37% of 332 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.21 vs NBIAY: 0.19

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.

Nobia AB's adjusted book value per share data for the three months ended in Jun. 2026 was $7.578. 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 $49.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nobia AB  (OTCPK:NBIAY) 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.


Nobia AB Cyclically Adjusted PB Ratio Related Terms


Nobia AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nobia AB'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.

Nobia AB Cyclically Adjusted PB Ratio Chart

Nobia AB 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 2.27 0.77 0.38 0.29 0.35

Nobia AB 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 0.33 0.37 0.35 0.23 0.16

NBIAY vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nobia AB'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.


Nobia AB Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nobia AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NBIAY
49GF Score
Nobia AB NBIAY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nobia AB 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.

Nobia AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.13/49.06
=0.17

* 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.

Nobia AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.578/134.6100*134.6100
=7.578

Current CPI (Jun. 2026) = 134.6100.

Nobia AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 39.239 101.138 52.226
201612 35.015 102.022 46.200
201703 38.122 102.022 50.299
201706 36.995 102.752 48.465
201709 42.956 103.279 55.987
201712 46.695 103.793 60.559
201803 52.719 103.962 68.261
201806 41.488 104.875 53.251
201809 41.700 105.679 53.116
201812 40.685 105.912 51.709
201903 43.065 105.886 54.747
201906 38.509 106.742 48.563
201909 40.163 107.214 50.426
201912 42.709 107.766 53.348
202003 43.826 106.563 55.361
202006 40.332 107.498 50.504
202009 44.417 107.635 55.549
202012 45.433 108.296 56.473
202103 49.889 108.360 61.975
202106 49.099 108.928 60.675
202109 50.466 110.338 61.567
202112 51.197 112.486 61.267
202203 51.013 114.825 59.803
202206 46.345 118.384 52.697
202209 41.337 122.296 45.499
202212 42.946 126.365 45.748
202303 41.325 127.042 43.787
202306 42.545 129.407 44.256
202309 39.773 130.224 41.113
202312 39.884 131.912 40.700
202403 84.178 132.205 85.709
202406 25.839 132.716 26.208
202409 26.408 132.304 26.868
202412 20.792 132.987 21.046
202503 21.764 132.825 22.057
202506 22.062 133.699 22.212
202509 11.671 133.480 11.770
202512 5.382 133.390 5.431
202603 7.584 133.560 7.644
202606 7.578 134.610 7.578

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 0.17 mean?
Nobia AB (NBIAY) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 11, 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 Nobia AB and its competitors. This is 91% below median its historical median of 1.89. Over the past decade, Nobia AB's Cyclically Adjusted PB Ratio has ranged from 0.16 to 4.59. According to the industry distribution chart, Nobia AB ranks #22 out of 332 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.6%.
Is Nobia AB's Cyclically Adjusted PB Ratio too high?
Nobia AB's current Cyclically Adjusted PB Ratio of 0.17 is 91% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 4.59. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.21. Nobia AB's value of 0.17 is 86% below this industry median. Based on the distribution chart, Nobia AB ranks #22 out of 332 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Nobia AB has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nobia AB's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nobia AB ranks #22 out of 332 companies for Cyclically Adjusted PB Ratio. This places Nobia AB in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Nobia AB's value of 0.17 is 86% below this benchmark. Historically, Nobia AB's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 4.59 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.21, Nobia AB has consistently been below 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.21, based on 332 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. Nobia AB's current Cyclically Adjusted PB Ratio of 0.17 is 86% below 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 Nobia AB and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nobia AB's current Cyclically Adjusted PB Ratio is 0.17, which is 91% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobia AB stock overvalued right now?
Based on GuruFocus' analysis, Nobia AB (NBIAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.17, compared to a current price of $8.13 — trading 31.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is 91% below median its 10-year median of 1.89 and 86% below the Furnishings, Fixtures & Appliances industry median of 1.21. Nobia AB's overall GF Score™ is 49/100 with 5 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 Nobia AB (NBIAY), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 11, 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 Nobia AB (NBIAY) Overvalued in 2026?

Based on GuruFocus' analysis, Nobia AB stock appears to be overvalued. The current stock price of $8.13 is trading 31.8% above its estimated GF Value™ of $6.17. GuruFocus considers Nobia AB to be Significantly Overvalued.

Key valuation signals for NBIAY:

  • Cyclically Adjusted PB Ratio: 0.17 (91% below median its 10-year median of 1.89)
  • GF Value™: $6.17 vs. price of $8.13 (31.8% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 86% below the Furnishings, Fixtures & Appliances median (#22 of 332)

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


Nobia AB Business Description

Other Exchanges NOBI:SwedenNOBIs:UK0GW0:UK
Address Blekholmstorget 30E, Stockholm, SWE, SE-111 64
Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.
49GF Score

Get the complete analysis for NBIAY

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

$8.13
Price
$6.17
GF Value