NBIS (Nebius Group NV) Cyclically Adjusted PB Ratio: 15.71 (As of Aug. 02, 2026) — 214% Above Median

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NBIS Nebius Group NV NBIS
47 GF Score
Price $190.41
! 9 Warning Signs
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What is Nebius Group NV Cyclically Adjusted PB Ratio?

Nebius Group NV NBIS +1.05% 47 Cyclically Adjusted PB Ratio is 15.71 as of Aug. 02, 2026, which is 214% above its 10-year median of 5.00. GuruFocus rates NBIS with a GF Score™ of 47/100. The stock has 9 warning signs investors should review. Among 347 Interactive Media companies, Nebius Group NV ranks worse than 97.12% on this metric.

As of today (2026-08-02), Nebius Group NV's current share price is $190.41. Nebius Group NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.12. Nebius Group NV's Cyclically Adjusted PB Ratio for today is 15.71.

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

NBIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 5   Max: 23.65
Current: 15.71

During the past years, Nebius Group NV's highest Cyclically Adjusted PB Ratio was 23.65. The lowest was 1.83. And the median was 5.00.

NBIS's Cyclically Adjusted PB Ratio is ranked worse than
97.12% of 347 companies
in the Interactive Media industry
Industry Median: 1.45 vs NBIS: 15.71

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.

Nebius Group NV's adjusted book value per share data for the three months ended in Mar. 2026 was $28.519. 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 $12.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nebius Group NV  (NAS:NBIS) 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.


Nebius Group NV Cyclically Adjusted PB Ratio Related Terms


Nebius Group NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nebius Group NV'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.

Nebius Group NV Cyclically Adjusted PB Ratio Chart

Nebius Group NV 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 9.01 2.32 2.18 2.81 7.35

Nebius Group NV 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 2.06 5.24 10.13 7.35 8.56

NBIS vs BIDU, RDDT, TME: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Nebius Group NV'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.


Nebius Group NV Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nebius Group NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NBIS
47GF Score
Nebius Group NV NBIS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nebius Group NV 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.

Nebius Group NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=190.41/12.12
=15.71

* 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.

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

For example, Nebius Group NV'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)
=28.519/136.9100*136.9100
=28.519

Current CPI (Mar. 2026) = 136.9100.

Nebius Group NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.620 100.260 4.943
201609 3.774 100.570 5.138
201612 3.902 100.710 5.305
201703 4.325 101.440 5.837
201706 4.171 101.370 5.633
201709 4.361 102.030 5.852
201712 4.401 101.970 5.909
201803 7.546 102.470 10.082
201806 8.695 103.100 11.546
201809 8.378 103.950 11.034
201812 7.926 103.970 10.437
201903 8.612 105.370 11.190
201906 9.079 105.840 11.744
201909 9.166 106.700 11.761
201912 9.532 106.800 12.219
202003 8.028 106.850 10.287
202006 11.297 107.510 14.386
202009 11.545 107.880 14.652
202012 12.326 107.850 15.647
202103 12.198 108.870 15.340
202106 12.650 109.670 15.792
202109 9.880 110.790 12.209
202112 9.652 114.010 11.591
202203 7.817 119.460 8.959
202206 14.006 119.050 16.107
202209 14.552 126.890 15.701
202212 11.745 124.940 12.870
202303 11.460 124.720 12.580
202306 9.398 125.830 10.226
202309 8.640 127.160 9.302
202312 9.112 126.450 9.866
202403 9.223 128.580 9.821
202406 14.747 129.910 15.542
202409 14.416 131.610 14.997
202412 13.801 131.630 14.355
202503 13.277 133.330 13.633
202506 15.817 133.960 16.165
202509 19.105 135.920 19.244
202512 18.157 135.270 18.377
202603 28.519 136.910 28.519

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 15.71 mean?
Nebius Group NV (NBIS) has a Cyclically Adjusted PB Ratio of 15.71 as of Aug. 02, 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 Nebius Group NV and its competitors. This is 214% above median its historical median of 5.00. Over the past decade, Nebius Group NV's Cyclically Adjusted PB Ratio has ranged from 1.83 to 23.65. According to the industry distribution chart, Nebius Group NV ranks #337 out of 347 companies in the Interactive Media industry, placing it in the top 97.1%.
Is Nebius Group NV's Cyclically Adjusted PB Ratio too high?
Nebius Group NV's current Cyclically Adjusted PB Ratio of 15.71 is 214% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 23.65. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.45. Nebius Group NV's value of 15.71 is 983.4% above this industry median. Based on the distribution chart, Nebius Group NV ranks #337 out of 347 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nebius Group NV has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Nebius Group NV's Cyclically Adjusted PB Ratio compare to BIDU and RDDT?
According to the Interactive Media industry distribution chart, Nebius Group NV ranks #337 out of 347 companies for Cyclically Adjusted PB Ratio. This places Nebius Group NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. Nebius Group NV's value of 15.71 is 983.4% above this benchmark. Historically, Nebius Group NV's own Cyclically Adjusted PB Ratio has ranged from 1.83 to 23.65 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 1.45, Nebius Group NV has consistently been above 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.45, based on 347 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. Nebius Group NV's current Cyclically Adjusted PB Ratio of 15.71 is 983.4% above 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 Nebius Group NV and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nebius Group NV's current Cyclically Adjusted PB Ratio is 15.71, which is 214% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nebius Group NV stock overvalued right now?
Nebius Group NV (NBIS) has a current Cyclically Adjusted PB Ratio of 15.71. The current Cyclically Adjusted PB Ratio is 15.71, which is 214% above median its 10-year median of 5.00 and 983.4% above the Interactive Media industry median of 1.45. Nebius Group NV's overall GF Score™ is 47/100 with 9 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 Nebius Group NV (NBIS), the current Cyclically Adjusted PB Ratio is 15.71 as of Aug. 02, 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.

Nebius Group NV Business Description

Other Exchanges NBISN:MexicoYDX:Germany
Address Schiphol Boulevard 165, Schiphol P7, Amsterdam, NLD, 1118 BG
Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing. It is a carve-out of the previous Russian tech firm Yandex, following the Russian sanctions since the Ukraine-Russia war. Nebius designs and operates its own data centers and servers across Europe and the US, with a total capacity of several hundred megawatts. In September 2025, Microsoft became a major Nebius client under a multiyear $17 billion revenue agreement to provide computing capacity.
47GF Score

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

$190.41
Price