NPKI (NPK International) Cyclically Adjusted PB Ratio: 2.24 (As of Jul. 18, 2026) — 113% Above Median

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NPKI NPK International Inc NPKI
63 GF Score
Price $14.34
GF Value $10.94
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NPK International Cyclically Adjusted PB Ratio?

NPK International NPKI +0.42% 63 Cyclically Adjusted PB Ratio is 2.24 as of Jul. 18, 2026, which is 113% above its 10-year median of 1.05. GuruFocus rates NPKI with a GF Score™ of 63/100 and a GF Value™ of $10.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,360 Construction companies, NPK International ranks worse than 70.59% on this metric.

As of today (2026-07-18), NPK International's current share price is $14.34. NPK International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.39. NPK International's Cyclically Adjusted PB Ratio for today is 2.24.

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

NPKI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 1.05   Max: 2.49
Current: 2.25

During the past years, NPK International's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 0.11. And the median was 1.05.

NPKI's Cyclically Adjusted PB Ratio is ranked worse than
70.59% of 1360 companies
in the Construction industry
Industry Median: 1.18 vs NPKI: 2.25

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.

NPK International's adjusted book value per share data for the three months ended in Mar. 2026 was $4.261. 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 $6.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NPK International  (NYSE:NPKI) 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.


NPK International Cyclically Adjusted PB Ratio Related Terms


NPK International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NPK International'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.

NPK International Cyclically Adjusted PB Ratio Chart

NPK International 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 0.42 0.58 0.94 1.14 1.87

NPK International 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 0.87 1.29 1.74 1.87 2.27

NPKI vs ROCK, ARLO, APOG: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, NPK International'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.


NPK International Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, NPK International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NPKI
63GF Score
NPK International Inc NPKI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NPK International 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.

NPK International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.34/6.39
=2.24

* 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.

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

For example, NPK International'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)
=4.261/330.2130*330.2130
=4.261

Current CPI (Mar. 2026) = 330.2130.

NPK International Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.895 241.018 8.077
201609 5.782 241.428 7.908
201612 5.911 241.432 8.085
201703 5.962 243.801 8.075
201706 6.011 244.955 8.103
201709 6.079 246.819 8.133
201712 6.137 246.524 8.220
201803 6.160 249.554 8.151
201806 6.126 251.989 8.028
201809 6.169 252.439 8.070
201812 6.272 251.233 8.244
201903 6.310 254.202 8.197
201906 6.302 256.143 8.124
201909 6.239 256.759 8.024
201912 6.114 256.974 7.857
202003 5.899 258.115 7.547
202006 5.598 257.797 7.170
202009 5.386 260.280 6.833
202012 5.374 260.474 6.813
202103 5.287 264.877 6.591
202106 5.174 271.696 6.288
202109 5.048 274.310 6.077
202112 5.007 278.802 5.930
202203 5.037 287.504 5.785
202206 4.795 296.311 5.344
202209 4.487 296.808 4.992
202212 4.716 296.797 5.247
202303 4.833 301.836 5.287
202306 4.772 305.109 5.165
202309 4.820 307.789 5.171
202312 4.875 306.746 5.248
202403 4.948 312.332 5.231
202406 4.934 314.175 5.186
202409 3.659 315.301 3.832
202412 3.772 315.605 3.947
202503 3.858 319.799 3.984
202506 3.889 322.561 3.981
202509 3.952 324.800 4.018
202512 4.155 324.054 4.234
202603 4.261 330.213 4.261

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 2.24 mean?
NPK International (NPKI) has a Cyclically Adjusted PB Ratio of 2.24 as of Jul. 18, 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 NPK International and its competitors. This is 113% above median its historical median of 1.05. Over the past decade, NPK International's Cyclically Adjusted PB Ratio has ranged from 0.11 to 2.49. According to the industry distribution chart, NPK International ranks #960 out of 1360 companies in the Construction industry, placing it in the top 70.6%.
Is NPK International's Cyclically Adjusted PB Ratio too high?
NPK International's current Cyclically Adjusted PB Ratio of 2.24 is 113% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 2.49. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. NPK International's value of 2.24 is 89.8% above this industry median. Based on the distribution chart, NPK International ranks #960 out of 1360 companies in the Construction industry, which is below the industry midpoint. Overall, NPK International has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NPK International's Cyclically Adjusted PB Ratio compare to ROCK and ARLO?
According to the Construction industry distribution chart, NPK International ranks #960 out of 1360 companies for Cyclically Adjusted PB Ratio. This places NPK International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. NPK International's value of 2.24 is 89.8% above this benchmark. Historically, NPK International's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 2.49 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.18, NPK International 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,360 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. NPK International's current Cyclically Adjusted PB Ratio of 2.24 is 89.8% 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 NPK International and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NPK International's current Cyclically Adjusted PB Ratio is 2.24, which is 113% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NPK International stock overvalued right now?
Based on GuruFocus' analysis, NPK International (NPKI) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.94, compared to a current price of $14.34 — trading 31.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.24, which is 113% above median its 10-year median of 1.05 and 89.8% above the Construction industry median of 1.18. NPK International's overall GF Score™ is 63/100 with 5 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 NPK International (NPKI), the current Cyclically Adjusted PB Ratio is 2.24 as of Jul. 18, 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 NPK International (NPKI) Overvalued in 2026?

Based on GuruFocus' analysis, NPK International stock appears to be overvalued. The current stock price of $14.34 is trading 31.1% above its estimated GF Value™ of $10.94. GuruFocus considers NPK International to be Significantly Overvalued.

Key valuation signals for NPKI:

  • Cyclically Adjusted PB Ratio: 2.24 (113% above median its 10-year median of 1.05)
  • GF Value™: $10.94 vs. price of $14.34 (31.1% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 89.8% above the Construction median (#960 of 1360)

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


NPK International Business Description

Other Exchanges NWP:Germany
Address 99320 Lakeside Boulevard, Suite 100, The Woodlands, TX, USA, 77381
NPK International Inc is a temporary worksite access solutions company that manufactures, sells, and rents recyclable composite matting products, along with a full suite of services, including planning, logistics, and site restoration. The company generates majority of revenue from the rental of recyclable composite matting systems, along with related site construction and services to customers in various markets including power transmission, oil and natural gas exploration and production, pipeline, renewable energy, petrochemical, construction and other industries within the United States and United Kingdom. It generates maximum revenue from United States.
63GF Score

Get the complete analysis for NPKI

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

$14.34
Price
$10.94
GF Value