NRIS (Norris Industries) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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NRIS Norris Industries Inc NRIS
17 GF Score
Price $0.13
GF Value $0.04
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Norris Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Norris Industries  (OTCPK:NRIS) 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.


Norris Industries Cyclically Adjusted PB Ratio Related Terms


Norris Industries Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Norris Industries'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.

Norris Industries Cyclically Adjusted PB Ratio Chart

Norris Industries Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
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Norris Industries Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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

NRIS vs TPET, BRN, GULTU: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Norris Industries'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.


Norris Industries Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norris Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NRIS
17GF Score
Norris Industries Inc NRIS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Norris Industries 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.

Norris Industries's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Norris Industries's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-0.047/335.1230*335.1230
=-0.047

Current CPI (May. 2026) = 335.1230.

Norris Industries Quarterly Data

Book Value per Share CPI Adj_Book
201608 0.018 240.849 0.025
201611 0.023 241.353 0.032
201702 0.013 243.603 0.018
201705 0.010 244.733 0.014
201708 0.011 245.519 0.015
201711 0.009 246.669 0.012
201802 0.015 248.991 0.020
201805 0.013 251.588 0.017
201808 0.011 252.146 0.015
201811 0.010 252.038 0.013
201902 0.007 252.776 0.009
201905 0.004 256.092 0.005
201908 0.001 256.558 0.001
201911 -0.002 257.208 -0.003
202002 -0.024 258.678 -0.031
202005 -0.027 256.394 -0.035
202008 -0.029 259.918 -0.037
202011 -0.031 260.229 -0.040
202102 -0.036 263.014 -0.046
202105 -0.039 269.195 -0.049
202108 -0.040 273.567 -0.049
202111 -0.041 277.948 -0.049
202202 -0.042 283.716 -0.050
202205 -0.043 292.296 -0.049
202208 -0.043 296.171 -0.049
202211 -0.045 297.711 -0.051
202302 -0.047 300.840 -0.052
202305 -0.049 304.127 -0.054
202308 -0.051 307.026 -0.056
202311 -0.052 307.051 -0.057
202402 -0.054 310.326 -0.058
202405 -0.056 314.069 -0.060
202408 -0.057 314.796 -0.061
202411 -0.037 315.493 -0.039
202502 -0.046 319.082 -0.048
202505 -0.039 321.465 -0.041
202508 -0.041 323.976 -0.042
202511 -0.049 324.122 -0.051
202602 -0.045 326.785 -0.046
202605 -0.047 335.123 -0.047

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.

Is Norris Industries (NRIS) Overvalued in 2026?

Based on GuruFocus' analysis, Norris Industries stock appears to be overvalued. The current stock price of $0.13 is trading 227.8% above its estimated GF Value™ of $0.04. GuruFocus considers Norris Industries to be Significantly Overvalued.

Key valuation signals for NRIS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.04 vs. price of $0.13 (227.8% above fair value)
  • GF Score™: 17/100 with 6 warning signs

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


Norris Industries Business Description

Industry EnergyOil & Gas
Address 102 Palo Pinto Street, Suite B, Weatherford, TX, USA, 76086
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
17GF Score

Get the complete analysis for NRIS

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

$0.13
Price
$0.04
GF Value