Nexcom AS (OCSE:NEXCOM) Cyclically Adjusted PB Ratio: 5.54 (As of Jul. 16, 2026) — 21% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OCSE:NEXCOM Nexcom AS OCSE:NEXCOM
32 GF Score
Price kr1.55
GF Value kr1.85
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Nexcom AS Cyclically Adjusted PB Ratio?

Nexcom AS OCSE:NEXCOM 32 Cyclically Adjusted PB Ratio is 5.54 as of Jul. 16, 2026, which is 21% below its 10-year median of 7.04. GuruFocus rates OCSE:NEXCOM with a GF Score™ of 32/100 and a GF Value™ of kr1.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,598 Software companies, Nexcom AS ranks worse than 78.47% on this metric.

As of today (2026-07-16), Nexcom AS's current share price is kr1.55. Nexcom AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was kr0.28. Nexcom AS's Cyclically Adjusted PB Ratio for today is 5.54.

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

OCSE:NEXCOM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.58   Med: 7.04   Max: 9.07
Current: 5.58

During the past 10 years, Nexcom AS's highest Cyclically Adjusted PB Ratio was 9.07. The lowest was 5.58. And the median was 7.04.

OCSE:NEXCOM's Cyclically Adjusted PB Ratio is ranked worse than
78.47% of 1598 companies
in the Software industry
Industry Median: 2.31 vs OCSE:NEXCOM: 5.58

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.

Nexcom AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr-0.127. 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 kr0.28 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexcom AS  (OCSE:NEXCOM) 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.


Nexcom AS Cyclically Adjusted PB Ratio Related Terms


Nexcom AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nexcom AS'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.

Nexcom AS Cyclically Adjusted PB Ratio Chart

Nexcom AS 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 0.00 0.00 0.00 0.00 8.28

Nexcom AS 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 8.28 0.00

OCSE:NEXCOM vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Nexcom AS'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.


Nexcom AS Cyclically Adjusted PB Ratio vs Software Industry

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

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


OCSE:NEXCOM
32GF Score
Nexcom AS OCSE:NEXCOM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexcom AS 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.

Nexcom AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.55/0.28
=5.54

* 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.

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

For example, Nexcom AS'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)
=-0.127/121.2000*121.2000
=-0.127

Current CPI (Dec25) = 121.2000.

Nexcom AS Annual Data

Book Value per Share CPI Adj_Book
201612 0.052 100.300 0.063
201712 0.056 101.300 0.067
201812 0.057 102.100 0.068
201912 0.064 102.900 0.075
202012 0.428 103.400 0.502
202112 1.282 106.600 1.458
202212 0.103 115.900 0.108
202312 0.340 116.700 0.353
202412 0.207 118.900 0.211
202512 -0.127 121.200 -0.127

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 5.54 mean?
Nexcom AS (OCSE:NEXCOM) has a Cyclically Adjusted PB Ratio of 5.54 as of Jul. 16, 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 Nexcom AS and its competitors. This is 21% below median its historical median of 7.04. Over the past decade, Nexcom AS's Cyclically Adjusted PB Ratio has ranged from 5.58 to 9.07. According to the industry distribution chart, Nexcom AS ranks #1254 out of 1598 companies in the Software industry, placing it in the top 78.5%.
Is Nexcom AS's Cyclically Adjusted PB Ratio too high?
Nexcom AS's current Cyclically Adjusted PB Ratio of 5.54 is 21% below median its 10-year median of 7.04. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 9.07. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Nexcom AS's value of 5.54 is 139.8% above this industry median. Based on the distribution chart, Nexcom AS ranks #1254 out of 1598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nexcom AS has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexcom AS's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Nexcom AS ranks #1254 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Nexcom AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Nexcom AS's value of 5.54 is 139.8% above this benchmark. Historically, Nexcom AS's own Cyclically Adjusted PB Ratio has ranged from 5.58 to 9.07 over the past decade. While the company's 10-year median is 7.04 vs. the industry median of 2.31, Nexcom AS 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,598 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. Nexcom AS's current Cyclically Adjusted PB Ratio of 5.54 is 139.8% 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 Nexcom AS and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexcom AS's current Cyclically Adjusted PB Ratio is 5.54, which is 21% below median its own 10-year median of 7.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexcom AS stock overvalued right now?
Based on GuruFocus' analysis, Nexcom AS (OCSE:NEXCOM) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1.85, compared to a current price of kr1.55 — trading 16.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.54, which is 21% below median its 10-year median of 7.04 and 139.8% above the Software industry median of 2.31. Nexcom AS's overall GF Score™ is 32/100 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 Nexcom AS (OCSE:NEXCOM), the current Cyclically Adjusted PB Ratio is 5.54 as of Jul. 16, 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 Nexcom AS (OCSE:NEXCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Nexcom AS stock appears to be undervalued. The current stock price of kr1.55 is trading 16.2% below its estimated GF Value™ of kr1.85. GuruFocus considers Nexcom AS to be Modestly Undervalued.

Key valuation signals for OCSE:NEXCOM:

  • Cyclically Adjusted PB Ratio: 5.54 (21% below median its 10-year median of 7.04)
  • GF Value™: kr1.85 vs. price of kr1.55 (16.2% below fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 139.8% above the Software median (#1254 of 1598)

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


Nexcom AS Business Description

Address Toldbodgade 59B, Copenhagen K, DNK, 1253
Nexcom AS is the developer and deliverer of AI-based voice and customer experience automation solutions, with a focus on scalable and integrable platforms serving private and public sector clients. It offers digital process optimization, digital workflow, and interaction AI services. Nexcom operates in Workflow automation software. Its products include eTray, a software system for automated handling of workflows and tasks, and RevealCX, a software system for improving customer contact in service centers. RevealCX Boost is an AI-based add-on to RevealCX.
32GF Score

Get the complete analysis for OCSE:NEXCOM

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

kr1.55
Price
kr1.85
GF Value