NSSC (NAPCO Security Technologies) Cyclically Adjusted PB Ratio: 11.37 (As of Aug. 19, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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.

NSSC NAPCO Security Technologies Inc NSSC
99 GF Score
Price $37.86
GF Value $43.03
Valuation Modestly Undervalued
View Full Analysis

What is NAPCO Security Technologies Cyclically Adjusted PB Ratio?

NAPCO Security Technologies NSSC +0.09% 99 Cyclically Adjusted PB Ratio is 11.37 as of Aug. 19, 2026, which is 6% above its 10-year median of 10.70. GuruFocus rates NSSC with a GF Score™ of 99/100 and a GF Value™ of $43.03 (Modestly Undervalued). Among 719 Business Services companies, NAPCO Security Technologies ranks worse than 96.11% on this metric.

As of today (2026-08-19), NAPCO Security Technologies's current share price is $37.86. NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.33. NAPCO Security Technologies's Cyclically Adjusted PB Ratio for today is 11.37.

The historical rank and industry rank for NAPCO Security Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.67   Med: 10.7   Max: 21.64
Current: 11.37

During the past years, NAPCO Security Technologies's highest Cyclically Adjusted PB Ratio was 21.64. The lowest was 2.67. And the median was 10.70.

NSSC's Cyclically Adjusted PB Ratio is ranked worse than
96.11% of 719 companies
in the Business Services industry
Industry Median: 1.53 vs NSSC: 11.37

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.

NAPCO Security Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $4.976. 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 $3.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NAPCO Security Technologies  (NAS:NSSC) 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.


NAPCO Security Technologies Cyclically Adjusted PB Ratio Related Terms


NAPCO Security Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NAPCO Security Technologies'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.

NAPCO Security Technologies Cyclically Adjusted PB Ratio Chart

NAPCO Security Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.23 10.59 15.48 19.89 9.89

NAPCO Security Technologies 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 7.94 9.89 13.83 13.09 11.85

NSSC vs EVLV, MG, CIX: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, NAPCO Security Technologies'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.


NAPCO Security Technologies Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, NAPCO Security Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NAPCO Security Technologies's Cyclically Adjusted PB Ratio falls into.


NSSC
99GF Score
NAPCO Security Technologies Inc NSSC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NAPCO Security Technologies 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.

NAPCO Security Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.86/3.33
=11.37

* 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.

NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NAPCO Security Technologies'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)
=4.976/330.2130*330.2130
=4.976

Current CPI (Mar. 2026) = 330.2130.

NAPCO Security Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.365 241.018 1.870
201609 1.381 241.428 1.889
201612 1.405 241.432 1.922
201703 1.427 243.801 1.933
201706 1.509 244.955 2.034
201709 1.534 246.819 2.052
201712 1.566 246.524 2.098
201803 1.595 249.554 2.111
201806 1.694 251.989 2.220
201809 1.704 252.439 2.229
201812 1.742 251.233 2.290
201903 1.797 254.202 2.334
201906 1.926 256.143 2.483
201909 2.014 256.759 2.590
201912 2.119 256.974 2.723
202003 2.174 258.115 2.781
202006 2.086 257.797 2.672
202009 2.189 260.280 2.777
202012 2.278 260.474 2.888
202103 2.399 264.877 2.991
202106 2.517 271.696 3.059
202109 2.754 274.310 3.315
202112 2.818 278.802 3.338
202203 2.885 287.504 3.314
202206 3.098 296.311 3.452
202209 3.285 296.808 3.655
202212 3.524 296.797 3.921
202303 3.827 301.836 4.187
202306 3.812 305.109 4.126
202309 4.025 307.789 4.318
202312 4.295 306.746 4.624
202403 4.561 312.332 4.822
202406 4.851 314.175 5.099
202409 4.869 315.301 5.099
202412 4.786 315.605 5.008
202503 4.531 319.799 4.679
202506 4.729 322.561 4.841
202509 4.938 324.800 5.020
202512 5.182 324.054 5.280
202603 4.976 330.213 4.976

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 11.37 mean?
NAPCO Security Technologies (NSSC) has a Cyclically Adjusted PB Ratio of 11.37 as of Aug. 19, 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 NAPCO Security Technologies and its competitors. This is near median its historical median of 10.70. Over the past decade, NAPCO Security Technologies' Cyclically Adjusted PB Ratio has ranged from 2.67 to 21.64. According to the industry distribution chart, NAPCO Security Technologies ranks #691 out of 719 companies in the Business Services industry, placing it in the top 96.1%.
Is NAPCO Security Technologies' Cyclically Adjusted PB Ratio too high?
NAPCO Security Technologies' current Cyclically Adjusted PB Ratio of 11.37 is near median its 10-year median of 10.70. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 21.64. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. NAPCO Security Technologies' value of 11.37 is 643.1% above this industry median. Based on the distribution chart, NAPCO Security Technologies ranks #691 out of 719 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, NAPCO Security Technologies has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NAPCO Security Technologies' Cyclically Adjusted PB Ratio compare to EVLV and MG?
According to the Business Services industry distribution chart, NAPCO Security Technologies ranks #691 out of 719 companies for Cyclically Adjusted PB Ratio. This places NAPCO Security Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. NAPCO Security Technologies' value of 11.37 is 643.1% above this benchmark. Historically, NAPCO Security Technologies' own Cyclically Adjusted PB Ratio has ranged from 2.67 to 21.64 over the past decade. While the company's 10-year median is 10.70 vs. the industry median of 1.53, NAPCO Security Technologies 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 719 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. NAPCO Security Technologies's current Cyclically Adjusted PB Ratio of 11.37 is 643.1% 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 NAPCO Security Technologies and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAPCO Security Technologies's current Cyclically Adjusted PB Ratio is 11.37, which is near median its own 10-year median of 10.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAPCO Security Technologies stock overvalued right now?
Based on GuruFocus' analysis, NAPCO Security Technologies (NSSC) is currently considered Modestly Undervalued. The stock's GF Value™ is $43.03, compared to a current price of $37.86 — trading 12% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.37, which is near median its 10-year median of 10.70 and 643.1% above the Business Services industry median of 1.53. NAPCO Security Technologies' overall GF Score™ is 99/100. 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 NAPCO Security Technologies (NSSC), the current Cyclically Adjusted PB Ratio is 11.37 as of Aug. 19, 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 NAPCO Security Technologies (NSSC) Overvalued in 2026?

Based on GuruFocus' analysis, NAPCO Security Technologies stock appears to be undervalued. The current stock price of $37.86 is trading 12% below its estimated GF Value™ of $43.03. GuruFocus considers NAPCO Security Technologies to be Modestly Undervalued.

Key valuation signals for NSSC:

  • Cyclically Adjusted PB Ratio: 11.37 (near median its 10-year median of 10.70)
  • GF Value™: $43.03 vs. price of $37.86 (12% below fair value)
  • GF Score™: 99/100
  • Industry Position: 643.1% above the Business Services median (#691 of 719)

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


NAPCO Security Technologies Business Description

Address 333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses. Geographically, the company derives a majority of its revenue from the United States.
99GF Score

Get the complete analysis for NSSC

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

$37.86
Price
$43.03
GF Value