NTNX (Nutanix) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

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.
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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.

NTNX Nutanix Inc NTNX
73 GF Score
Price $60.12
GF Value $68.57
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nutanix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nutanix  (NAS:NTNX) 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.


Nutanix Cyclically Adjusted PB Ratio Related Terms


Nutanix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nutanix'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.

Nutanix Cyclically Adjusted PB Ratio Chart

Nutanix Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nutanix Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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

NTNX vs RBRK, DOCN, GEN: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Nutanix'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.


Nutanix Cyclically Adjusted PB Ratio vs Software Industry

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

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


NTNX
73GF Score
Nutanix Inc NTNX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nutanix 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.

Nutanix's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-2.722/333.0200*333.0200
=-2.722

Current CPI (Apr. 2026) = 333.0200.

Nutanix Quarterly Data

Book Value per Share CPI Adj_Book
201607 -2.759 240.628 -3.818
201610 1.207 241.729 1.663
201701 0.921 242.839 1.263
201704 0.630 244.524 0.858
201707 1.404 244.786 1.910
201710 1.355 246.663 1.829
201801 1.831 247.867 2.460
201804 2.082 250.546 2.767
201807 1.890 252.006 2.498
201810 2.409 252.885 3.172
201901 2.118 251.712 2.802
201904 1.643 255.548 2.141
201907 0.991 256.571 1.286
201910 0.331 257.346 0.428
202001 -0.340 257.971 -0.439
202004 -0.922 256.389 -1.198
202007 -1.362 259.101 -1.751
202010 -2.768 260.388 -3.540
202101 -3.713 261.582 -4.727
202104 -3.530 267.054 -4.402
202107 -4.725 273.003 -5.764
202110 -3.221 276.589 -3.878
202201 -3.290 281.148 -3.897
202204 -3.219 289.109 -3.708
202207 -3.527 296.276 -3.964
202210 -3.438 298.012 -3.842
202301 -3.351 299.170 -3.730
202304 -3.347 303.363 -3.674
202307 -2.952 305.691 -3.216
202310 -2.642 307.671 -2.860
202401 -2.500 308.417 -2.699
202404 -2.509 313.548 -2.665
202407 -2.746 314.540 -2.907
202410 -2.559 315.664 -2.700
202501 -3.029 317.671 -3.175
202504 -2.652 320.795 -2.753
202507 -2.581 323.048 -2.661
202510 -2.470 0.000
202601 -3.130 325.252 -3.205
202604 -2.722 333.020 -2.722

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 Nutanix (NTNX) Overvalued in 2026?

Based on GuruFocus' analysis, Nutanix stock appears to be undervalued. The current stock price of $60.12 is trading 12.3% below its estimated GF Value™ of $68.57. GuruFocus considers Nutanix to be Modestly Undervalued.

Key valuation signals for NTNX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $68.57 vs. price of $60.12 (12.3% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Nutanix Business Description

Address 1740 Technology Drive, Suite 150, San Jose, CA, USA, 95110
Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data anywhere. Its Nutanix Cloud Platform is designed to enable organizations to build a hybrid multicloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data in core data centers, at the edge, and in public clouds, all while supporting a variety of hypervisors and container platforms. The company operates a single operating and reportable segment based on a subscription business model. It conducts business in the United States, Europe, the Middle East and Africa, Asia Pacific, and other Americas, with key revenue generated from the United States.
73GF Score

Get the complete analysis for NTNX

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

$60.12
Price
$68.57
GF Value