Nucleus Software Exports (NSE:NUCLEUS) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

NSE:NUCLEUS Nucleus Software Exports Ltd NSE:NUCLEUS
82 GF Score
Price ₹740.65
GF Value ₹1,218.86
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nucleus Software Exports Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucleus Software Exports  (NSE:NUCLEUS) 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.


Nucleus Software Exports Cyclically Adjusted PB Ratio Related Terms


Nucleus Software Exports Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nucleus Software Exports'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.

Nucleus Software Exports Cyclically Adjusted PB Ratio Chart

Nucleus Software Exports Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.99 5.13 3.29 2.74

Nucleus Software Exports Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.90 0.00 2.74 0.00

NSE:NUCLEUS vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Nucleus Software Exports'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.


Nucleus Software Exports Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Nucleus Software Exports's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nucleus Software Exports's Cyclically Adjusted PB Ratio falls into.


NSE:NUCLEUS
82GF Score
Nucleus Software Exports Ltd NSE:NUCLEUS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nucleus Software Exports 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.

Nucleus Software Exports's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nucleus Software Exports's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Nucleus Software Exports Quarterly Data

Book Value per Share CPI Adj_Book
201609 148.836 105.961 235.075
201612 0.000 105.196 0.000
201703 165.177 105.196 262.782
201706 0.000 107.109 0.000
201709 145.686 109.021 223.641
201712 0.000 109.404 0.000
201803 158.844 109.786 242.140
201806 0.000 111.317 0.000
201809 161.048 115.142 234.081
201812 0.000 115.142 0.000
201903 175.114 118.202 247.936
201906 0.000 120.880 0.000
201909 177.181 123.175 240.735
201912 0.000 126.235 0.000
202003 193.134 124.705 259.191
202006 0.000 127.000 0.000
202009 213.440 130.118 274.526
202012 0.000 130.889 0.000
202103 231.404 131.771 293.898
202106 0.000 134.084 0.000
202109 228.832 135.847 281.911
202112 0.000 138.161 0.000
202203 184.365 138.822 222.262
202206 0.000 142.347 0.000
202209 186.180 144.661 215.390
202212 0.000 145.763 0.000
202303 228.088 146.865 259.914
202306 0.000 150.280 0.000
202309 257.241 151.492 284.181
202312 0.000 152.924 0.000
202403 290.382 153.035 317.559
202406 0.000 155.789 0.000
202409 272.160 157.882 288.493
202412 0.000 158.323 0.000
202503 309.295 157.552 328.545
202506 0.000 159.755 0.000
202509 322.405 162.289 332.473
202512 0.000 163.281 0.000
202603 344.710 164.272 351.183
202606 0.000 167.357 0.000

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 Nucleus Software Exports (NSE:NUCLEUS) Overvalued in 2026?

Based on GuruFocus' analysis, Nucleus Software Exports stock appears to be undervalued. The current stock price of ₹740.65 is trading 39.2% below its estimated GF Value™ of ₹1,218.86. GuruFocus considers Nucleus Software Exports to be Significantly Undervalued.

Key valuation signals for NSE:NUCLEUS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,218.86 vs. price of ₹740.65 (39.2% below fair value)
  • GF Score™: 82/100 with 4 warning signs

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


Nucleus Software Exports Business Description

Other Exchanges 531209:India
Address A-39, Sector 62, Noida, UP, IND, 201307
Nucleus Software Exports Ltd is a provider of lending and transaction banking products to the financial services industry. Its products are used by retail banking, corporate banking, cash management, internet banking, automotive finance, and other business areas. The company's key products include Finnone and Finnaxia. Geographical segments include India, Far East, South East Asia, Europe, the Middle East, Africa, Australia, and Others. The company derives the majority of its revenue from India. Its services include Professional Services, Application Services, and Managed Infrastructure Services.
82GF Score

Get the complete analysis for NSE:NUCLEUS

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

₹740.65
Price
₹1,218.86
GF Value