NRCIF (NorCom Information Technology GmbH KGaA) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 09, 2026) — 82% Below Median


NRCIF NorCom Information Technology GmbH & Co KGaA NRCIF
44 GF Score
Price $3.00
GF Value $7.12
! 4 Warning Signs
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What is NorCom Information Technology GmbH KGaA Cyclically Adjusted PB Ratio?

NorCom Information Technology GmbH KGaA NRCIF 44 Cyclically Adjusted PB Ratio is 0.60 as of Jul. 09, 2026, which is 82% below its 10-year median of 3.30. GuruFocus rates NRCIF with a GF Score™ of 44/100 and a GF Value™ of $7.12. The stock has 4 warning signs investors should review. Among 730 Business Services companies, NorCom Information Technology GmbH KGaA ranks better than 84.66% on this metric.

As of today (2026-07-09), NorCom Information Technology GmbH KGaA's current share price is $3.00. NorCom Information Technology GmbH KGaA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $5.03. NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio or its related term are showing as below:

NRCIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 3.3   Max: 14.23
Current: 0.5

During the past 13 years, NorCom Information Technology GmbH KGaA's highest Cyclically Adjusted PB Ratio was 14.23. The lowest was 0.46. And the median was 3.30.

NRCIF's Cyclically Adjusted PB Ratio is ranked better than
84.66% of 730 companies
in the Business Services industry
Industry Median: 1.565 vs NRCIF: 0.50

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.

NorCom Information Technology GmbH KGaA's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.826. 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 $5.03 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


NorCom Information Technology GmbH KGaA  (GREY:NRCIF) 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.


NorCom Information Technology GmbH KGaA Cyclically Adjusted PB Ratio Related Terms


NorCom Information Technology GmbH KGaA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NorCom Information Technology GmbH KGaA'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.

NorCom Information Technology GmbH KGaA Cyclically Adjusted PB Ratio Chart

NorCom Information Technology GmbH KGaA 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 4.53 2.74 2.28 1.29 0.60

NorCom Information Technology GmbH KGaA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.28 0.00 1.29 0.00 0.60

NRCIF vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, NorCom Information Technology GmbH KGaA'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.


NorCom Information Technology GmbH KGaA Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio falls into.


NRCIF
44GF Score
NorCom Information Technology GmbH & Co KGaA NRCIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NorCom Information Technology GmbH KGaA 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.

NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.00/5.03
=0.60

* 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.

NorCom Information Technology GmbH KGaA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, NorCom Information Technology GmbH KGaA's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.826/129.3606*129.3606
=0.826

Current CPI (Dec25) = 129.3606.

NorCom Information Technology GmbH KGaA Annual Data

Book Value per Share CPI Adj_Book
201612 1.761 101.217 2.251
201712 3.158 102.617 3.981
201812 3.442 104.217 4.272
201912 3.159 105.818 3.862
202012 3.563 105.518 4.368
202112 2.843 110.384 3.332
202212 1.945 119.345 2.108
202312 1.956 123.773 2.044
202412 1.729 127.041 1.761
202512 0.826 129.361 0.826

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 0.60 mean?
NorCom Information Technology GmbH KGaA (NRCIF) has a Cyclically Adjusted PB Ratio of 0.60 as of Jul. 09, 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 NorCom Information Technology GmbH KGaA and its competitors. This is 82% below median its historical median of 3.30. Over the past decade, NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio has ranged from 0.46 to 14.23. According to the industry distribution chart, NorCom Information Technology GmbH KGaA ranks #112 out of 730 companies in the Business Services industry, placing it in the top 15.3%.
Is NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio too high?
NorCom Information Technology GmbH KGaA's current Cyclically Adjusted PB Ratio of 0.60 is 82% below median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 14.23. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. NorCom Information Technology GmbH KGaA's value of 0.60 is 61.7% below this industry median. Based on the distribution chart, NorCom Information Technology GmbH KGaA ranks #112 out of 730 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, NorCom Information Technology GmbH KGaA has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does NorCom Information Technology GmbH KGaA's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, NorCom Information Technology GmbH KGaA ranks #112 out of 730 companies for Cyclically Adjusted PB Ratio. This places NorCom Information Technology GmbH KGaA in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.57. NorCom Information Technology GmbH KGaA's value of 0.60 is 61.7% below this benchmark. Historically, NorCom Information Technology GmbH KGaA's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 14.23 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 1.57, NorCom Information Technology GmbH KGaA has consistently been below 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. NorCom Information Technology GmbH KGaA's current Cyclically Adjusted PB Ratio of 0.60 is 61.7% below 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 NorCom Information Technology GmbH KGaA and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorCom Information Technology GmbH KGaA's current Cyclically Adjusted PB Ratio is 0.60, which is 82% below median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorCom Information Technology GmbH KGaA stock overvalued right now?
NorCom Information Technology GmbH KGaA (NRCIF) has a current Cyclically Adjusted PB Ratio of 0.60. The stock's GF Value™ is $7.12, compared to a current price of $3.00 — trading 57.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 82% below median its 10-year median of 3.30 and 61.7% below the Business Services industry median of 1.57. NorCom Information Technology GmbH KGaA's overall GF Score™ is 44/100 with 4 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 NorCom Information Technology GmbH KGaA (NRCIF), the current Cyclically Adjusted PB Ratio is 0.60 as of Jul. 09, 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 NorCom Information Technology GmbH KGaA (NRCIF) Overvalued in 2026?

Based on GuruFocus' analysis, NorCom Information Technology GmbH KGaA stock appears to be undervalued. The current stock price of $3.00 is trading 57.9% below its estimated GF Value™ of $7.12.

Key valuation signals for NRCIF:

  • Cyclically Adjusted PB Ratio: 0.60 (82% below median its 10-year median of 3.30)
  • GF Value™: $7.12 vs. price of $3.00 (57.9% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 61.7% below the Business Services median (#112 of 730)

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


NorCom Information Technology GmbH KGaA Business Description

Other Exchanges 0QY2:UKNC5A:Germany
Address Gabelsbergerstrasse 4, Munich, BY, DEU, 80333
NorCom Information Technology GmbH & Co KGaA develops and implements AI solutions for international companies. NorCom offers technological solutions for issues that pose challenges to almost all large corporations and large public administrations: Fast, secure work with and exchange of large amounts of data, information governance, legally compliant data lifecycle management, and the use of artificial intelligence and data analytics in the mentioned areas. NorCom offers a complete range consisting of large data and AI solutions. The services include data science consulting, software development, infrastructure services, and the software solution DaSense.
44GF Score

Get the complete analysis for NRCIF

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

$3.00
Price
$7.12
GF Value