NVRVF (Novra Technologies) Cyclically Adjusted PB Ratio: (As of Jul. 17, 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.
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.

NVRVF Novra Technologies Inc NVRVF
43 GF Score
Price $0.09
GF Value $0.05
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Novra Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Novra Technologies  (OTCPK:NVRVF) 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.


Novra Technologies Cyclically Adjusted PB Ratio Related Terms


Novra Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Novra 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.

Novra Technologies Cyclically Adjusted PB Ratio Chart

Novra Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.70 7.76 0.00 0.00 0.00

Novra 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 0.00 0.00 0.00 0.00 0.00

NVRVF vs CSCO, CIEN, MSI: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Novra 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.


Novra Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


NVRVF
43GF Score
Novra Technologies Inc NVRVF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novra 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.

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

For example, Novra 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)
=0.035/132.2623*132.2623
=0.035

Current CPI (Mar. 2026) = 132.2623.

Novra Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.029 102.002 0.038
201609 0.011 101.765 0.014
201612 0.021 101.449 0.027
201703 0.027 102.634 0.035
201706 0.050 103.029 0.064
201709 0.056 103.345 0.072
201712 0.051 103.345 0.065
201803 0.041 105.004 0.052
201806 0.029 105.557 0.036
201809 0.040 105.636 0.050
201812 0.038 105.399 0.048
201903 0.020 106.979 0.025
201906 0.014 107.690 0.017
201909 0.019 107.611 0.023
201912 0.002 107.769 0.002
202003 -0.015 107.927 -0.018
202006 -0.012 108.401 -0.015
202009 -0.023 108.164 -0.028
202012 -0.038 108.559 -0.046
202103 -0.019 110.298 -0.023
202106 -0.026 111.720 -0.031
202109 -0.047 112.905 -0.055
202112 -0.040 113.774 -0.047
202203 -0.055 117.646 -0.062
202206 -0.061 120.806 -0.067
202209 -0.068 120.648 -0.075
202212 -0.062 120.964 -0.068
202303 -0.066 122.702 -0.071
202306 -0.070 124.203 -0.075
202309 -0.071 125.230 -0.075
202312 -0.063 125.072 -0.067
202403 -0.079 126.258 -0.083
202406 -0.085 127.522 -0.088
202409 -0.091 127.285 -0.095
202412 -0.091 127.364 -0.094
202503 -0.078 129.181 -0.080
202506 -0.063 129.892 -0.064
202509 -0.065 130.287 -0.066
202512 -0.060 130.366 -0.061
202603 0.035 132.262 0.035

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 Novra Technologies (NVRVF) Overvalued in 2026?

Based on GuruFocus' analysis, Novra Technologies stock appears to be overvalued. The current stock price of $0.09 is trading 81% above its estimated GF Value™ of $0.05. GuruFocus considers Novra Technologies to be Significantly Overvalued.

Key valuation signals for NVRVF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.05 vs. price of $0.09 (81% above fair value)
  • GF Score™: 43/100 with 3 warning signs

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


Novra Technologies Business Description

Other Exchanges NVI:Canada
Address 100 Innovation Drive, Suite 210, Winnipeg, MB, CAN, R3T 6G2
Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States, which is the key revenue driver, Canada, EMEA, and APAC.
43GF Score

Get the complete analysis for NVRVF

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

$0.09
Price
$0.05
GF Value