NFYEF (NFI Group) Cyclically Adjusted PB Ratio: 1.74 (As of Jul. 24, 2026) — 28% Above Median

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NFYEF NFI Group Inc NFYEF
64 GF Score
Price $18.24
GF Value $12.06
Valuation Significantly Overvalued
! 9 Warning Signs
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What is NFI Group Cyclically Adjusted PB Ratio?

NFI Group NFYEF 64 Cyclically Adjusted PB Ratio is 1.74 as of Jul. 24, 2026, which is 28% above its 10-year median of 1.36. GuruFocus rates NFYEF with a GF Score™ of 64/100 and a GF Value™ of $12.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,028 Vehicles & Parts companies, NFI Group ranks worse than 59.14% on this metric.

As of today (2026-07-24), NFI Group's current share price is $18.238. NFI Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.48. NFI Group's Cyclically Adjusted PB Ratio for today is 1.74.

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

NFYEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.36   Max: 3
Current: 1.75

During the past years, NFI Group's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.48. And the median was 1.36.

NFYEF's Cyclically Adjusted PB Ratio is ranked worse than
59.14% of 1028 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs NFYEF: 1.75

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.

NFI Group's adjusted book value per share data for the three months ended in Mar. 2026 was $5.018. 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 $10.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NFI Group  (OTCPK:NFYEF) 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.


NFI Group Cyclically Adjusted PB Ratio Related Terms


NFI Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NFI Group'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.

NFI Group Cyclically Adjusted PB Ratio Chart

NFI Group 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 1.47 0.64 0.90 0.93 1.06

NFI Group 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 0.78 1.20 0.99 1.06 1.31

NFYEF vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, NFI Group'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.


NFI Group Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NFI Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NFYEF
64GF Score
NFI Group Inc NFYEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NFI Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.238/10.48
=1.74

* 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.

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

For example, NFI Group'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)
=5.018/132.2623*132.2623
=5.018

Current CPI (Mar. 2026) = 132.2623.

NFI Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.268 102.002 12.018
201609 9.566 101.765 12.433
201612 10.197 101.449 13.294
201703 10.634 102.634 13.704
201706 11.017 103.029 14.143
201709 11.328 103.345 14.498
201712 12.197 103.345 15.610
201803 12.465 105.004 15.701
201806 12.913 105.557 16.180
201809 13.045 105.636 16.333
201812 13.074 105.399 16.406
201903 12.935 106.979 15.992
201906 12.898 107.690 15.841
201909 12.363 107.611 15.195
201912 13.076 107.769 16.048
202003 11.544 107.927 14.147
202006 10.045 108.401 12.256
202009 9.631 108.164 11.777
202012 9.918 108.559 12.083
202103 11.618 110.298 13.932
202106 11.474 111.720 13.584
202109 11.087 112.905 12.988
202112 11.302 113.774 13.139
202203 11.024 117.646 12.394
202206 10.162 120.806 11.126
202209 9.216 120.648 10.103
202212 7.483 120.964 8.182
202303 6.917 122.702 7.456
202306 6.416 124.203 6.832
202309 5.937 125.230 6.270
202312 5.909 125.072 6.249
202403 5.863 126.258 6.142
202406 5.915 127.522 6.135
202409 5.878 127.285 6.108
202412 5.946 127.364 6.175
202503 5.909 129.181 6.050
202506 4.684 129.892 4.769
202509 3.509 130.287 3.562
202512 4.924 130.366 4.996
202603 5.018 132.262 5.018

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 1.74 mean?
NFI Group (NFYEF) has a Cyclically Adjusted PB Ratio of 1.74 as of Jul. 24, 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 NFI Group and its competitors. This is 28% above median its historical median of 1.36. Over the past decade, NFI Group's Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.00. According to the industry distribution chart, NFI Group ranks #608 out of 1028 companies in the Vehicles & Parts industry, placing it in the top 59.1%.
Is NFI Group's Cyclically Adjusted PB Ratio too high?
NFI Group's current Cyclically Adjusted PB Ratio of 1.74 is 28% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.00. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. NFI Group's value of 1.74 is 37% above this industry median. Based on the distribution chart, NFI Group ranks #608 out of 1028 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, NFI Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NFI Group's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, NFI Group ranks #608 out of 1028 companies for Cyclically Adjusted PB Ratio. This places NFI Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. NFI Group's value of 1.74 is 37% above this benchmark. Historically, NFI Group's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.00 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.27, NFI Group 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,028 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. NFI Group's current Cyclically Adjusted PB Ratio of 1.74 is 37% 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 NFI Group and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NFI Group's current Cyclically Adjusted PB Ratio is 1.74, which is 28% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFI Group stock overvalued right now?
Based on GuruFocus' analysis, NFI Group (NFYEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.06, compared to a current price of $18.24 — trading 51.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is 28% above median its 10-year median of 1.36 and 37% above the Vehicles & Parts industry median of 1.27. NFI Group's overall GF Score™ is 64/100 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 NFI Group (NFYEF), the current Cyclically Adjusted PB Ratio is 1.74 as of Jul. 24, 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 NFI Group (NFYEF) Overvalued in 2026?

Based on GuruFocus' analysis, NFI Group stock appears to be overvalued. The current stock price of $18.24 is trading 51.2% above its estimated GF Value™ of $12.06. GuruFocus considers NFI Group to be Significantly Overvalued.

Key valuation signals for NFYEF:

  • Cyclically Adjusted PB Ratio: 1.74 (28% above median its 10-year median of 1.36)
  • GF Value™: $12.06 vs. price of $18.24 (51.2% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 37% above the Vehicles & Parts median (#608 of 1028)

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


NFI Group Business Description

Other Exchanges 9NF:GermanyNFI:Canada
Address 711 Kernaghan Avenue, Winnipeg, MB, CAN, R2C 3T4
NFI Group Inc is a bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer(heavy-duty transit buses), Alexander Dennis Limited (ADL) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC Specialty Vehicles, LLC (ARBOC) (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). The company has two reportable segments which are the company's strategic business units: Manufacturing Operations and Aftermarket Operations. It generates majority revenue from Manufacturing Operations. Geographically, the company generates majority of its revenue from North America and rest from United Kingdom, Europe and Asia Pacific region.
64GF Score

Get the complete analysis for NFYEF

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

$18.24
Price
$12.06
GF Value