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NNI (Nelnet) Cyclically Adjusted PB Ratio : 1.47 (As of May. 25, 2025)


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What is Nelnet Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Nelnet's current share price is $114.43. Nelnet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $77.83. Nelnet's Cyclically Adjusted PB Ratio for today is 1.47.

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

NNI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.54   Max: 2.13
Current: 1.47

During the past years, Nelnet's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.95. And the median was 1.54.

NNI's Cyclically Adjusted PB Ratio is ranked worse than
64.36% of 303 companies
in the Credit Services industry
Industry Median: 1 vs NNI: 1.47

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.

Nelnet's adjusted book value per share data for the three months ended in Mar. 2025 was $94.057. 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 $77.83 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nelnet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nelnet'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.

* Premium members only.

Nelnet Cyclically Adjusted PB Ratio Chart

Nelnet Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.83 1.46 1.27 1.41

Nelnet Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.32 1.38 1.52 1.41 1.43

Competitive Comparison of Nelnet's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Nelnet'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.


Nelnet's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nelnet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nelnet 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.

Nelnet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.43/77.83
=1.47

* 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.

Nelnet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nelnet's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=94.057/134.9266*134.9266
=94.057

Current CPI (Mar. 2025) = 134.9266.

Nelnet Quarterly Data

Book Value per Share CPI Adj_Book
201506 39.928 100.684 53.508
201509 40.904 100.392 54.975
201512 42.874 99.792 57.969
201603 44.210 100.470 59.372
201606 44.641 101.688 59.233
201609 46.604 101.861 61.732
201612 48.965 101.863 64.859
201703 49.937 102.862 65.503
201706 50.541 103.349 65.983
201709 51.618 104.136 66.881
201712 52.672 104.011 68.328
201803 54.854 105.290 70.294
201806 55.806 106.317 70.823
201809 56.772 106.507 71.921
201812 57.242 105.998 72.864
201903 58.022 107.251 72.995
201906 58.528 108.070 73.073
201909 59.211 108.329 73.749
201912 60.073 108.420 74.760
202003 58.230 108.902 72.146
202006 60.848 108.767 75.482
202009 62.593 109.815 76.906
202012 68.634 109.897 84.266
202103 71.445 111.754 86.259
202106 73.512 114.631 86.527
202109 74.775 115.734 87.175
202112 77.835 117.630 89.280
202203 81.645 121.301 90.816
202206 83.064 125.017 89.648
202209 85.599 125.227 92.230
202212 86.156 125.222 92.833
202303 86.605 127.348 91.759
202306 87.345 128.729 91.550
202309 88.280 129.860 91.725
202312 87.787 129.419 91.523
202403 90.034 131.776 92.186
202406 90.873 132.554 92.500
202409 90.674 133.029 91.967
202412 92.298 133.157 93.525
202503 94.057 134.927 94.057

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.


Nelnet  (NYSE:NNI) 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.


Nelnet Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nelnet's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nelnet Business Description

Traded in Other Exchanges
Address
121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508
Nelnet Inc is a United States based company engaged in these four reportable segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology Services and Payments segment provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management segment includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Maximum revenue for the company is generated from its Education Technology Services and Payments segment.
Executives
Van Deun Jona M director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
William J Munn officer: Secy, Chief Legal Off, Gen Cou 121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen 10 percent owner 6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap director, officer: Chief Business Develop. Off. 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson director, other: See below 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield 10 percent owner 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen 10 percent owner 3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535