NXPRF (Nexans) Cyclically Adjusted PB Ratio: 3.53 (As of Jul. 15, 2026) — 76% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

NXPRF Nexans NXPRF
77 GF Score
Price $154.92
GF Value $118.00
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nexans Cyclically Adjusted PB Ratio?

Nexans NXPRF 77 Cyclically Adjusted PB Ratio is 3.53 as of Jul. 15, 2026, which is 76% above its 10-year median of 2.01. GuruFocus rates NXPRF with a GF Score™ of 77/100 and a GF Value™ of $118.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,292 Industrial Products companies, Nexans ranks worse than 64.92% on this metric.

As of today (2026-07-15), Nexans's current share price is $154.92. Nexans's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $43.89. Nexans's Cyclically Adjusted PB Ratio for today is 3.53.

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

NXPRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 2.01   Max: 4.27
Current: 3.5

During the past 13 years, Nexans's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 0.49. And the median was 2.01.

NXPRF's Cyclically Adjusted PB Ratio is ranked worse than
64.92% of 2292 companies
in the Industrial Products industry
Industry Median: 2.21 vs NXPRF: 3.50

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.

Nexans's adjusted book value per share data of for the fiscal year that ended in Dec25 was $53.512. 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 $43.89 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexans  (OTCPK:NXPRF) 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.


Nexans Cyclically Adjusted PB Ratio Related Terms


Nexans Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nexans'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.

Nexans Cyclically Adjusted PB Ratio Chart

Nexans 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 2.41 2.40 2.20 2.84 3.29

Nexans Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.20 0.00 2.84 0.00 3.29

NXPRF vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Nexans'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.


Nexans Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nexans's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NXPRF
77GF Score
Nexans NXPRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexans 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=154.92/43.89
=3.53

* 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.

Nexans's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Nexans's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=53.512/120.9000*120.9000
=53.512

Current CPI (Dec25) = 120.9000.

Nexans Annual Data

Book Value per Share CPI Adj_Book
201612 34.310 100.650 41.213
201712 38.682 101.850 45.917
201812 34.755 103.470 40.610
201912 30.917 104.980 35.605
202012 33.892 104.960 39.039
202112 37.469 107.850 42.003
202212 40.266 114.160 42.643
202312 42.362 118.390 43.260
202412 43.544 119.950 43.889
202512 53.512 120.900 53.512

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 3.53 mean?
Nexans (NXPRF) has a Cyclically Adjusted PB Ratio of 3.53 as of Jul. 15, 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 Nexans and its competitors. This is 76% above median its historical median of 2.01. Over the past decade, Nexans' Cyclically Adjusted PB Ratio has ranged from 0.49 to 4.27. According to the industry distribution chart, Nexans ranks #1488 out of 2292 companies in the Industrial Products industry, placing it in the top 64.9%.
Is Nexans' Cyclically Adjusted PB Ratio too high?
Nexans' current Cyclically Adjusted PB Ratio of 3.53 is 76% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 4.27. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.21. Nexans' value of 3.53 is 59.7% above this industry median. Based on the distribution chart, Nexans ranks #1488 out of 2292 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nexans has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexans' Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nexans ranks #1488 out of 2292 companies for Cyclically Adjusted PB Ratio. This places Nexans in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.21. Nexans' value of 3.53 is 59.7% above this benchmark. Historically, Nexans' own Cyclically Adjusted PB Ratio has ranged from 0.49 to 4.27 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.21, Nexans 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.21, based on 2,292 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. Nexans's current Cyclically Adjusted PB Ratio of 3.53 is 59.7% 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 Nexans and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexans's current Cyclically Adjusted PB Ratio is 3.53, which is 76% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexans stock overvalued right now?
Based on GuruFocus' analysis, Nexans (NXPRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $118.00, compared to a current price of $154.92 — trading 31.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.53, which is 76% above median its 10-year median of 2.01 and 59.7% above the Industrial Products industry median of 2.21. Nexans' overall GF Score™ is 77/100 with 5 warning signs to review. 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 Nexans (NXPRF), the current Cyclically Adjusted PB Ratio is 3.53 as of Jul. 15, 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 Nexans (NXPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Nexans stock appears to be overvalued. The current stock price of $154.92 is trading 31.3% above its estimated GF Value™ of $118.00. GuruFocus considers Nexans to be Significantly Overvalued.

Key valuation signals for NXPRF:

  • Cyclically Adjusted PB Ratio: 3.53 (76% above median its 10-year median of 2.01)
  • GF Value™: $118.00 vs. price of $154.92 (31.3% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 59.7% above the Industrial Products median (#1488 of 2292)

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


Nexans Business Description

Address Nexans 4, allee de l\'Arche, Courbevoie, FRA, 92400
Nexans is focused on electrification and provides cabling technologies and services across the value chain, including engineering and design, production, manufacturing, testing, installation, maintenance and repair. Its segments are: PWR-Transmission, supporting the energy transition through subsea and interconnection projects; PWR-Grid, providing cables, accessories and services for grid modernization; and PWR-Connect, which generates maximum revenue through solutions for data centers, electric vehicles and critical buildings. Its technologies include mass impregnated (MI), cross-linked polyethylene (XLPE), and dynamic cables. It focuses on the electrical safety of end users, products that are easy to handle and install, and smart products integrated into a digital ecosystem.
77GF Score

Get the complete analysis for NXPRF

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

$154.92
Price
$118.00
GF Value