NRSDY (Nordic Semiconductor ASA) Cyclically Adjusted PB Ratio: 7.22 (As of Jul. 16, 2026) — 31% Below Median

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NRSDY Nordic Semiconductor ASA NRSDY
87 GF Score
Price $16.75
GF Value $15.42
Valuation Fairly Valued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Cyclically Adjusted PB Ratio?

Nordic Semiconductor ASA NRSDY 87 Cyclically Adjusted PB Ratio is 7.22 as of Jul. 16, 2026, which is 31% below its 10-year median of 10.53. GuruFocus rates NRSDY with a GF Score™ of 87/100 and a GF Value™ of $15.42 (Fairly Valued). The stock has 5 warning signs investors should review. Among 736 Semiconductors companies, Nordic Semiconductor ASA ranks worse than 71.33% on this metric.

As of today (2026-07-16), Nordic Semiconductor ASA's current share price is $16.75. Nordic Semiconductor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.32. Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio for today is 7.22.

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

NRSDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.75   Med: 10.53   Max: 40.44
Current: 7.41

During the past years, Nordic Semiconductor ASA's highest Cyclically Adjusted PB Ratio was 40.44. The lowest was 4.75. And the median was 10.53.

NRSDY's Cyclically Adjusted PB Ratio is ranked worse than
71.33% of 736 companies
in the Semiconductors industry
Industry Median: 3.445 vs NRSDY: 7.41

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.

Nordic Semiconductor ASA's adjusted book value per share data for the three months ended in Mar. 2026 was $3.446. 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 $2.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Semiconductor ASA  (OTCPK:NRSDY) 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.


Nordic Semiconductor ASA Cyclically Adjusted PB Ratio Related Terms


Nordic Semiconductor ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Cyclically Adjusted PB Ratio Chart

Nordic Semiconductor ASA 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 33.40 13.77 8.11 5.39 6.12

Nordic Semiconductor ASA 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 6.50 6.69 7.27 6.12 6.74

NRSDY vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio falls into.


NRSDY
87GF Score
Nordic Semiconductor ASA NRSDY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Semiconductor ASA 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.

Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.75/2.32
=7.22

* 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.

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

For example, Nordic Semiconductor ASA'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)
=3.446/141.0300*141.0300
=3.446

Current CPI (Mar. 2026) = 141.0300.

Nordic Semiconductor ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.713 103.800 0.969
201609 0.731 104.200 0.989
201612 0.725 104.400 0.979
201703 0.718 105.000 0.964
201706 0.743 105.800 0.990
201709 0.768 105.900 1.023
201712 0.772 106.100 1.026
201803 0.775 107.300 1.019
201806 1.282 108.500 1.666
201809 1.327 109.500 1.709
201812 1.264 109.800 1.624
201903 1.227 110.400 1.567
201906 1.250 110.600 1.594
201909 1.282 111.100 1.627
201912 1.322 111.300 1.675
202003 1.330 111.200 1.687
202006 1.362 112.100 1.713
202009 2.004 112.900 2.503
202012 2.108 112.900 2.633
202103 2.128 114.600 2.619
202106 2.173 115.300 2.658
202109 2.252 117.500 2.703
202112 2.399 118.900 2.846
202203 2.583 119.800 3.041
202206 2.742 122.600 3.154
202209 2.872 125.600 3.225
202212 3.046 125.900 3.412
202303 3.085 127.600 3.410
202306 3.175 130.400 3.434
202309 3.181 129.800 3.456
202312 3.129 131.900 3.346
202403 2.990 132.600 3.180
202406 2.923 133.800 3.081
202409 2.984 133.700 3.148
202412 2.963 134.800 3.100
202503 2.928 136.100 3.034
202506 3.024 137.800 3.095
202509 3.413 138.500 3.475
202512 3.430 139.100 3.478
202603 3.446 141.030 3.446

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 7.22 mean?
Nordic Semiconductor ASA (NRSDY) has a Cyclically Adjusted PB Ratio of 7.22 as of Jul. 16, 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 Nordic Semiconductor ASA and its competitors. This is 31% below median its historical median of 10.53. Over the past decade, Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio has ranged from 4.75 to 40.44. According to the industry distribution chart, Nordic Semiconductor ASA ranks #525 out of 736 companies in the Semiconductors industry, placing it in the top 71.3%.
Is Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio too high?
Nordic Semiconductor ASA's current Cyclically Adjusted PB Ratio of 7.22 is 31% below median its 10-year median of 10.53. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 40.44. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.45. Nordic Semiconductor ASA's value of 7.22 is 109.6% above this industry median. Based on the distribution chart, Nordic Semiconductor ASA ranks #525 out of 736 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Nordic Semiconductor ASA has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Nordic Semiconductor ASA ranks #525 out of 736 companies for Cyclically Adjusted PB Ratio. This places Nordic Semiconductor ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.45. Nordic Semiconductor ASA's value of 7.22 is 109.6% above this benchmark. Historically, Nordic Semiconductor ASA's own Cyclically Adjusted PB Ratio has ranged from 4.75 to 40.44 over the past decade. While the company's 10-year median is 10.53 vs. the industry median of 3.45, Nordic Semiconductor ASA 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.45, based on 736 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. Nordic Semiconductor ASA's current Cyclically Adjusted PB Ratio of 7.22 is 109.6% 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 Nordic Semiconductor ASA and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Semiconductor ASA's current Cyclically Adjusted PB Ratio is 7.22, which is 31% below median its own 10-year median of 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (NRSDY) is currently considered Fairly Valued. The stock's GF Value™ is $15.42, compared to a current price of $16.75 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.22, which is 31% below median its 10-year median of 10.53 and 109.6% above the Semiconductors industry median of 3.45. Nordic Semiconductor ASA's overall GF Score™ is 87/100 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 Nordic Semiconductor ASA (NRSDY), the current Cyclically Adjusted PB Ratio is 7.22 as of Jul. 16, 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 Nordic Semiconductor ASA (NRSDY) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of $16.75 is trading 8.6% above its estimated GF Value™ of $15.42. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for NRSDY:

  • Cyclically Adjusted PB Ratio: 7.22 (31% below median its 10-year median of 10.53)
  • GF Value™: $15.42 vs. price of $16.75 (8.6% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 109.6% above the Semiconductors median (#525 of 736)

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


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
87GF Score

Get the complete analysis for NRSDY

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

$16.75
Price
$15.42
GF Value