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NVFY (Nova Lifestyle) Cyclically Adjusted PB Ratio : 0.03 (As of May. 27, 2025)


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What is Nova Lifestyle Cyclically Adjusted PB Ratio?

As of today (2025-05-27), Nova Lifestyle's current share price is $1.22. Nova Lifestyle's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $48.72. Nova Lifestyle's Cyclically Adjusted PB Ratio for today is 0.03.

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

NVFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.44
Current: 0.03

During the past years, Nova Lifestyle's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.01. And the median was 0.06.

NVFY's Cyclically Adjusted PB Ratio is ranked better than
98.72% of 312 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.215 vs NVFY: 0.03

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.

Nova Lifestyle's adjusted book value per share data for the three months ended in Mar. 2025 was $0.494. 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 $48.72 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Lifestyle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nova Lifestyle'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.

* Premium members only.

Nova Lifestyle Cyclically Adjusted PB Ratio Chart

Nova Lifestyle Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.16 0.04 0.07 0.01

Nova Lifestyle Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.05 0.03 0.03 0.01 0.01

Competitive Comparison of Nova Lifestyle's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Nova Lifestyle'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.


Nova Lifestyle's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nova Lifestyle's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nova Lifestyle 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.

Nova Lifestyle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.22/48.72
=0.03

* 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.

Nova Lifestyle's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nova Lifestyle's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.494/134.9266*134.9266
=0.494

Current CPI (Mar. 2025) = 134.9266.

Nova Lifestyle Quarterly Data

Book Value per Share CPI Adj_Book
201506 61.921 100.684 82.980
201509 61.338 100.392 82.439
201512 61.847 99.792 83.622
201603 61.838 100.470 83.045
201606 58.975 101.688 78.252
201609 59.075 101.861 78.252
201612 57.935 101.863 76.740
201703 56.810 102.862 74.519
201706 57.001 103.349 74.417
201709 60.031 104.136 77.781
201712 60.681 104.011 78.717
201803 62.432 105.290 80.005
201806 63.630 106.317 80.753
201809 63.169 106.507 80.025
201812 65.535 105.998 83.421
201903 65.322 107.251 82.178
201906 65.423 108.070 81.682
201909 65.824 108.329 81.985
201912 59.288 108.420 73.783
202003 58.226 108.902 72.141
202006 57.732 108.767 71.617
202009 49.071 109.815 60.292
202012 35.466 109.897 43.544
202103 35.637 111.754 43.026
202106 29.815 114.631 35.094
202109 25.808 115.734 30.088
202112 17.150 117.630 19.672
202203 16.516 121.301 18.371
202206 12.245 125.017 13.216
202209 10.389 125.227 11.194
202212 4.643 125.222 5.003
202303 3.749 127.348 3.972
202306 3.306 128.729 3.465
202309 2.537 129.860 2.636
202312 0.259 129.419 0.270
202403 -0.018 131.776 -0.018
202406 0.018 132.554 0.018
202409 -0.238 133.029 -0.241
202412 0.428 133.157 0.434
202503 0.494 134.927 0.494

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.


Nova Lifestyle  (NAS:NVFY) 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.


Nova Lifestyle Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nova Lifestyle's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nova Lifestyle Business Description

Traded in Other Exchanges
N/A
Address
6565 East Washington Boulevard, Commerce, CA, USA, 90040
Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings. The company operates in one business and industry segment: the design and sale of furniture.
Executives
Umesh Patel director 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Min Su director, officer: Corporate Secretary C/O NOVA LIFESTYLE, INC., 6565 E WASHINGTON BLVD, COMMERCE CA 90040
Jeffrey Chuang officer: Chief Financial Officer C/O NOVA LIFESTYLE, INC., 6565 E. WASHINGTON BLVD, COMMERCE CA 90040
Steven Qiang Liu 10 percent owner 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Yuen Ching Ho 10 percent owner, officer: Chief Financial Officer 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Huy P La director 6565 E WASHINGTON BLVD, COMMERCE CA 90040
Joyal St. 10 percent owner 6565 E WASHINGTON BLVD #518, COMMERCE CA 90040
Ya Ming Wong director, 10 percent owner, officer: CEO and Chairman 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Thanh H Lam director, officer: President 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Peter M Kam director 6541 E WASHINGTON BLVD, COMMERCE CA 90040
Bin Liu director 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
James R Talevich director 20202 WINDROW DR, LAKE FOREST CA 92630
Michael J Viotto director 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Chung Shing Yam director 6541 E WASHINGTON BLVD, COMMERCE CA 90040
Alex Li director, 10 percent owner, officer: President & CEO NO. 6 JIEFANGNAN LU, HEXI DISTRICT, TIANJIN F4 30000

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