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NVR (NVR) Cyclically Adjusted PB Ratio : 8.11 (As of May. 22, 2025)


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What is NVR Cyclically Adjusted PB Ratio?

As of today (2025-05-22), NVR's current share price is $7071.20. NVR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $871.83. NVR's Cyclically Adjusted PB Ratio for today is 8.11.

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

NVR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.9   Med: 8.96   Max: 12.49
Current: 8.12

During the past years, NVR's highest Cyclically Adjusted PB Ratio was 12.49. The lowest was 4.90. And the median was 8.96.

NVR's Cyclically Adjusted PB Ratio is ranked worse than
97.18% of 71 companies
in the Homebuilding & Construction industry
Industry Median: 1.35 vs NVR: 8.12

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.

NVR's adjusted book value per share data for the three months ended in Mar. 2025 was $1,393.469. 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 $871.83 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVR Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NVR'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.

NVR Cyclically Adjusted PB Ratio Chart

NVR 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 9.55 11.61 7.69 9.82 9.79

NVR 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 10.80 9.74 12.14 9.79 8.31

Competitive Comparison of NVR's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, NVR'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.


NVR's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, NVR's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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NVR 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.

NVR's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7071.20/871.83
=8.11

* 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.

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

For example, NVR'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)
=1393.469/134.9266*134.9266
=1,393.469

Current CPI (Mar. 2025) = 134.9266.

NVR Quarterly Data

Book Value per Share CPI Adj_Book
201506 313.316 100.684 419.875
201509 311.524 100.392 418.690
201512 318.470 99.792 430.595
201603 322.584 100.470 433.214
201606 348.281 101.688 462.123
201609 342.871 101.861 454.172
201612 353.220 101.863 467.873
201703 376.949 102.862 494.452
201706 409.759 103.349 534.958
201709 441.830 104.136 572.471
201712 434.975 104.011 564.264
201803 405.308 105.290 519.395
201806 442.979 106.317 562.184
201809 467.960 106.507 592.829
201812 505.467 105.998 643.418
201903 528.760 107.251 665.207
201906 581.624 108.070 726.167
201909 641.281 108.329 798.729
201912 644.438 108.420 801.990
202003 657.844 108.902 815.054
202006 708.163 108.767 878.481
202009 785.098 109.815 964.629
202012 839.576 109.897 1,030.796
202103 836.952 111.754 1,010.493
202106 850.039 114.631 1,000.536
202109 858.825 115.734 1,001.245
202112 871.012 117.630 999.092
202203 822.202 121.301 914.559
202206 910.982 125.017 983.193
202209 960.411 125.227 1,034.805
202212 1,089.422 125.222 1,173.853
202303 1,186.103 127.348 1,256.691
202306 1,273.616 128.729 1,334.937
202309 1,344.693 129.860 1,397.163
202312 1,413.447 129.419 1,473.594
202403 1,371.332 131.776 1,404.117
202406 1,337.834 132.554 1,361.782
202409 1,393.556 133.029 1,413.436
202412 1,449.250 133.157 1,468.509
202503 1,393.469 134.927 1,393.469

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.


NVR  (NYSE:NVR) 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.


NVR Cyclically Adjusted PB Ratio Related Terms

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


NVR Business Description

Traded in Other Exchanges
Address
11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190
NVR Inc is a United States-based homebuilding company. It builds single-family detached homes, townhomes, and condominium buildings under three brands, Ryan Homes, NVHomes, and Heartland Homes. The company through its subsidiary also operates a mortgage banking and title services business. The homebuilding segment includes four geographic areas of the Mid-Atlantic, North East, Mid-East, and South East.
Executives
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
David A Preiser director
Matthew B. Kelpy officer: VP, Chief Accounting Officer 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Melquiades R. Martinez director 450 SOUTH ORANGE AVENUE, SUITE 250, ORLANDO FL 32801-3443
Alfred E Festa director
Susan Williamson Ross director 11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Paul C Saville officer: Executive Vice President, CFO C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
William Grady Rosier director 1111 MILLCREEK DRIVE, SALADO TX 76571
Daniel David Malzahn officer: Chief Financial Officer 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Eugene James Bredow officer: Controller 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Charles Elliott Andrews director C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Sallie B Bailey director FERRO CORPORATION, 1000 LAKESIDE AVENUE, CLEVELAND OH 44124-1147
Manuel H Johnson director C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Paul W Praylo officer: SVP, Chief Operating Officer 11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Alexandra A Jung director 11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190