NRBT (Novus Robotics) Cyclically Adjusted PB Ratio: (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

NRBT Novus Robotics Inc NRBT
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What is Novus Robotics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Novus Robotics  (OTCPK:NRBT) 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.


Novus Robotics Cyclically Adjusted PB Ratio Related Terms


Novus Robotics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Novus Robotics'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.

Novus Robotics Cyclically Adjusted PB Ratio Chart

Novus Robotics Annual Data
Trend May09 May10 May11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Novus Robotics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.00 0.00 0.00 0.00 0.00

NRBT vs SEII: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Novus Robotics'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.


Novus Robotics Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Novus Robotics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NRBT
12GF Score
Novus Robotics Inc NRBT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Robotics 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.

Novus Robotics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Novus Robotics's adjusted Book Value per Share data for the three months ended in Mar. 2019 was:

Adj_Book=Book Value per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=0.026/106.9792*106.9792
=0.026

Current CPI (Mar. 2019) = 106.9792.

Novus Robotics Quarterly Data

Book Value per Share CPI Adj_Book
200905 -2.208 90.624 -2.606
200908 -2.510 90.624 -2.963
200911 -2.839 91.019 -3.337
201002 -3.141 91.335 -3.679
201005 -1.691 91.888 -1.969
201008 -1.810 92.204 -2.100
201011 -1.980 92.836 -2.282
201102 -1.963 93.311 -2.251
201105 -2.017 95.286 -2.265
201108 -2.054 95.049 -2.312
201111 -2.146 95.523 -2.403
201203 3.522 96.155 3.918
201206 3.268 96.076 3.639
201209 2.898 96.392 3.216
201212 3.017 95.760 3.370
201303 2.980 97.103 3.283
201306 3.800 97.182 4.183
201309 3.590 97.419 3.942
201312 2.980 96.945 3.288
201403 2.634 98.604 2.858
201406 2.037 99.473 2.191
201409 2.719 99.394 2.926
201412 3.332 98.367 3.624
201503 2.833 99.789 3.037
201506 2.690 100.500 2.863
201509 2.162 100.421 2.303
201512 1.577 99.947 1.688
201603 0.008 101.054 0.008
201606 0.011 102.002 0.012
201609 0.009 101.765 0.009
201612 0.004 101.449 0.004
201703 0.014 102.634 0.015
201706 0.017 103.029 0.018
201709 0.020 103.345 0.021
201712 0.025 103.345 0.026
201803 0.027 105.004 0.028
201806 0.029 105.557 0.029
201809 0.025 105.636 0.025
201812 0.025 105.399 0.025
201903 0.026 106.979 0.026

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.


Novus Robotics Business Description

Address 7669 Kimbel Street, Mississauga, ON, CAN, L5S 1A7
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
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