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NNUP (Nocopi Technologies) Cyclically Adjusted PB Ratio : 3.06 (As of May. 30, 2025)


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What is Nocopi Technologies Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Nocopi Technologies's current share price is $1.592. Nocopi Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.52. Nocopi Technologies's Cyclically Adjusted PB Ratio for today is 3.06.

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

NNUP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.88   Med: 11.68   Max: 88.8
Current: 3.08

During the past years, Nocopi Technologies's highest Cyclically Adjusted PB Ratio was 88.80. The lowest was 2.88. And the median was 11.68.

NNUP's Cyclically Adjusted PB Ratio is ranked worse than
74.08% of 1142 companies
in the Chemicals industry
Industry Median: 1.58 vs NNUP: 3.08

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.

Nocopi Technologies's adjusted book value per share data for the three months ended in Mar. 2025 was $1.266. 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 $0.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nocopi Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nocopi Technologies'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.

Nocopi Technologies Cyclically Adjusted PB Ratio Chart

Nocopi Technologies 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 17.36 9.98 11.17 9.08 3.51

Nocopi Technologies 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 7.22 6.64 4.70 3.51 2.93

Competitive Comparison of Nocopi Technologies's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Nocopi Technologies'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.


Nocopi Technologies's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nocopi Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nocopi Technologies 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.

Nocopi Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.592/0.52
=3.06

* 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.

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

For example, Nocopi Technologies'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)
=1.266/134.9266*134.9266
=1.266

Current CPI (Mar. 2025) = 134.9266.

Nocopi Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201506 -0.077 100.684 -0.103
201509 -0.082 100.392 -0.110
201512 -0.075 99.792 -0.101
201603 -0.073 100.470 -0.098
201606 -0.075 101.688 -0.100
201609 -0.046 101.861 -0.061
201612 -0.031 101.863 -0.041
201703 -0.021 102.862 -0.028
201706 -0.009 103.349 -0.012
201709 0.010 104.136 0.013
201712 0.037 104.011 0.048
201803 0.069 105.290 0.088
201806 0.316 106.317 0.401
201809 0.317 106.507 0.402
201812 0.336 105.998 0.428
201903 0.350 107.251 0.440
201906 0.375 108.070 0.468
201909 0.406 108.329 0.506
201912 0.457 108.420 0.569
202003 0.466 108.902 0.577
202006 0.477 108.767 0.592
202009 0.480 109.815 0.590
202012 0.513 109.897 0.630
202103 0.530 111.754 0.640
202106 0.535 114.631 0.630
202109 0.535 115.734 0.624
202112 0.519 117.630 0.595
202203 0.489 121.301 0.544
202206 0.445 125.017 0.480
202209 0.725 125.227 0.781
202212 0.953 125.222 1.027
202303 0.957 127.348 1.014
202306 0.965 128.729 1.011
202309 1.283 129.860 1.333
202312 1.179 129.419 1.229
202403 1.081 131.776 1.107
202406 0.986 132.554 1.004
202409 0.968 133.029 0.982
202412 1.264 133.157 1.281
202503 1.266 134.927 1.266

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.


Nocopi Technologies  (OTCPK:NNUP) 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.


Nocopi Technologies Cyclically Adjusted PB Ratio Related Terms

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


Nocopi Technologies Business Description

Traded in Other Exchanges
N/A
Address
480 Shoemaker Road, Suite 104, King of Prussia, PA, USA, 19406
Nocopi Technologies Inc develops and markets specialty reactive inks. The main business activities of the company are the development and distribution of document security products and the licensing of its patented reactive ink technologies for the entertainment toy and document and product authentication markets in the United States and foreign countries. The primary geographic markets of the company are North America, South America, Europe, Asia, and Australia. Geographically, the company receives maximum revenue from Asia.
Executives
Michael Liebowitz 10 percent owner 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Matthew C. Winger director, officer: EVP - Corporate Development 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Jacqueline Joy Goldman director 6000 SAN JOSE BLVD., UNIT 705, JACKSONVILLE FL 32217
Debra Elyse Glickman officer: Chief Financial Officer 21 BARSTOW ROAD, APT. 6L, GREAT NECK NY 11021
Joseph S Steinberg 10 percent owner C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Howard Timothy Eriksen 10 percent owner 567 WILDROSE CIRCLE, LYNDEN WA 98264
Joseph Kevin Raymond director 480 SHOEMAKER RD., KING OF PRUSSIA PA 19406
Michael Feinstein director, officer: Chairman and CEO
Philip White director 13519 MADISON AVENUE, OCEAN CITY MD 21842
Marc Rash director C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
Terry Stovold officer: Chief Operating Officer C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
William Ward Carey director 12 FIELDVIEW LANE, EAST HAMPTON NY 11937
Curtis William Patrick Jr director 225 STATE ROAD, MEDIA PA 19063

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