NDDLF (Nedap NV) Cyclically Adjusted PB Ratio: 6.68 (As of Jul. 22, 2026) — 30% Above Median

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.

NDDLF Nedap NV NDDLF
90 GF Score
Price $71.21
GF Value $54.82
! 2 Warning Signs
View Full Analysis

What is Nedap NV Cyclically Adjusted PB Ratio?

Nedap NV NDDLF 90 Cyclically Adjusted PB Ratio is 6.68 as of Jul. 22, 2026, which is 30% above its 10-year median of 5.12. GuruFocus rates NDDLF with a GF Score™ of 90/100 and a GF Value™ of $54.82. The stock has 2 warning signs investors should review. Among 1,595 Software companies, Nedap NV ranks worse than 83.64% on this metric.

As of today (2026-07-22), Nedap NV's current share price is $71.21. Nedap NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $10.66. Nedap NV's Cyclically Adjusted PB Ratio for today is 6.68.

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

NDDLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.3   Med: 5.12   Max: 8.14
Current: 6.98

During the past 13 years, Nedap NV's highest Cyclically Adjusted PB Ratio was 8.14. The lowest was 3.30. And the median was 5.12.

NDDLF's Cyclically Adjusted PB Ratio is ranked worse than
83.64% of 1595 companies
in the Software industry
Industry Median: 2.26 vs NDDLF: 6.98

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.

Nedap NV's adjusted book value per share data of for the fiscal year that ended in Dec25 was $15.855. 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 $10.66 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nedap NV  (OTCPK:NDDLF) 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.


Nedap NV Cyclically Adjusted PB Ratio Related Terms


Nedap NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nedap 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.

Nedap NV Cyclically Adjusted PB Ratio Chart

Nedap 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 5.88 4.67 5.25 4.29 6.68

Nedap NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.25 0.00 4.29 0.00 6.68

NDDLF vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Nedap 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.


Nedap NV Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Nedap NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NDDLF
90GF Score
Nedap NV NDDLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nedap 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.21/10.66
=6.68

* 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.

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

For example, Nedap NV'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)
=15.855/135.2700*135.2700
=15.855

Current CPI (Dec25) = 135.2700.

Nedap NV Annual Data

Book Value per Share CPI Adj_Book
201612 8.810 100.710 11.833
201712 11.486 101.970 15.237
201812 11.517 103.970 14.984
201912 12.668 106.800 16.045
202012 13.778 107.850 17.281
202112 13.988 114.010 16.596
202212 13.192 124.940 14.283
202312 14.198 126.450 15.188
202412 13.302 131.630 13.670
202512 15.855 135.270 15.855

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 6.68 mean?
Nedap NV (NDDLF) has a Cyclically Adjusted PB Ratio of 6.68 as of Jul. 22, 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 Nedap NV and its competitors. This is 30% above median its historical median of 5.12. Over the past decade, Nedap NV's Cyclically Adjusted PB Ratio has ranged from 3.30 to 8.14. According to the industry distribution chart, Nedap NV ranks #1334 out of 1595 companies in the Software industry, placing it in the top 83.6%.
Is Nedap NV's Cyclically Adjusted PB Ratio too high?
Nedap NV's current Cyclically Adjusted PB Ratio of 6.68 is 30% above median its 10-year median of 5.12. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 8.14. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Nedap NV's value of 6.68 is 195.6% above this industry median. Based on the distribution chart, Nedap NV ranks #1334 out of 1595 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nedap NV has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Nedap NV's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Nedap NV ranks #1334 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Nedap NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Nedap NV's value of 6.68 is 195.6% above this benchmark. Historically, Nedap NV's own Cyclically Adjusted PB Ratio has ranged from 3.30 to 8.14 over the past decade. While the company's 10-year median is 5.12 vs. the industry median of 2.26, Nedap 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,595 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. Nedap NV's current Cyclically Adjusted PB Ratio of 6.68 is 195.6% 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 Nedap NV and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nedap NV's current Cyclically Adjusted PB Ratio is 6.68, which is 30% above median its own 10-year median of 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nedap NV stock overvalued right now?
Nedap NV (NDDLF) has a current Cyclically Adjusted PB Ratio of 6.68. The stock's GF Value™ is $54.82, compared to a current price of $71.21 — trading 29.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.68, which is 30% above median its 10-year median of 5.12 and 195.6% above the Software industry median of 2.26. Nedap NV's overall GF Score™ is 90/100 with 2 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 Nedap NV (NDDLF), the current Cyclically Adjusted PB Ratio is 6.68 as of Jul. 22, 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 Nedap NV (NDDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Nedap NV stock appears to be overvalued. The current stock price of $71.21 is trading 29.9% above its estimated GF Value™ of $54.82.

Key valuation signals for NDDLF:

  • Cyclically Adjusted PB Ratio: 6.68 (30% above median its 10-year median of 5.12)
  • GF Value™: $54.82 vs. price of $71.21 (29.9% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 195.6% above the Software median (#1334 of 1595)

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


Nedap NV Business Description

Address Parallelweg 2, Groenlo, GE, NLD, 7141 DC
Nedap NV develops and markets SaaS solutions and care technology products that support healthcare institutions in the Netherlands in planning, registering, and administering care processes. It also provides driver technology for UV lamps used in industrial curing and disinfection. Within UV disinfection, these include systems for drinking and wastewater treatment, as well as ultrapure water systems for the microelectronics and semiconductor industries.
90GF Score

Get the complete analysis for NDDLF

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

$71.21
Price
$54.82
GF Value