Nepa AB (OSTO:NEPA) Cyclically Adjusted PB Ratio: 1.68 (As of Aug. 21, 2026) — Near Median

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OSTO:NEPA Nepa AB OSTO:NEPA
61 GF Score
Price kr17.30
GF Value kr19.82
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nepa AB Cyclically Adjusted PB Ratio?

Nepa AB OSTO:NEPA -1.14% 61 Cyclically Adjusted PB Ratio is 1.68 as of Aug. 21, 2026, which is 3% below its 10-year median of 1.73. GuruFocus rates OSTO:NEPA with a GF Score™ of 61/100 and a GF Value™ of kr19.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 717 Business Services companies, Nepa AB ranks worse than 55.09% on this metric.

As of today (2026-08-21), Nepa AB's current share price is kr17.30. Nepa AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr10.32. Nepa AB's Cyclically Adjusted PB Ratio for today is 1.68.

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

OSTO:NEPA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 1.73   Max: 2.09
Current: 1.68

During the past years, Nepa AB's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 1.30. And the median was 1.73.

OSTO:NEPA's Cyclically Adjusted PB Ratio is ranked worse than
55.09% of 717 companies
in the Business Services industry
Industry Median: 1.53 vs OSTO:NEPA: 1.68

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.

Nepa AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr3.108. 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 kr10.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nepa AB  (OSTO:NEPA) 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.


Nepa AB Cyclically Adjusted PB Ratio Related Terms


Nepa AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nepa AB'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.

Nepa AB Cyclically Adjusted PB Ratio Chart

Nepa AB 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 1.78 1.45

Nepa AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.72 1.55 1.45 1.80 1.88

OSTO:NEPA vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Nepa AB'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.


Nepa AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nepa AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:NEPA
61GF Score
Nepa AB OSTO:NEPA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nepa AB 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.

Nepa AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.30/10.32
=1.68

* 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.

Nepa AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nepa AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.108/134.6100*134.6100
=3.108

Current CPI (Jun. 2026) = 134.6100.

Nepa AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.858 101.138 13.121
201612 9.901 102.022 13.064
201703 8.997 102.022 11.871
201706 7.930 102.752 10.389
201709 6.863 103.279 8.945
201712 7.003 103.793 9.082
201803 6.272 103.962 8.121
201806 6.078 104.875 7.801
201809 5.624 105.679 7.164
201812 9.510 105.912 12.087
201903 9.020 105.886 11.467
201906 8.948 106.742 11.284
201909 7.332 107.214 9.206
201912 6.417 107.766 8.015
202003 6.416 106.563 8.105
202006 6.870 107.498 8.603
202009 7.667 107.635 9.588
202012 8.276 108.296 10.287
202103 9.104 108.360 11.309
202106 10.500 108.928 12.976
202109 11.748 110.338 14.332
202112 13.074 112.486 15.645
202203 14.016 114.825 16.431
202206 13.846 118.384 15.744
202209 14.462 122.296 15.918
202212 13.950 126.365 14.860
202303 13.427 127.042 14.227
202306 11.740 129.407 12.212
202309 10.946 130.224 11.315
202312 10.998 131.912 11.223
202403 10.894 132.205 11.092
202406 9.822 132.716 9.962
202409 9.651 132.304 9.819
202412 9.494 132.987 9.610
202503 7.772 132.825 7.876
202506 4.604 133.699 4.635
202509 3.940 133.480 3.973
202512 4.275 133.390 4.314
202603 3.844 133.560 3.874
202606 3.108 134.610 3.108

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 1.68 mean?
Nepa AB (OSTO:NEPA) has a Cyclically Adjusted PB Ratio of 1.68 as of Aug. 21, 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 Nepa AB and its competitors. This is near median its historical median of 1.73. Over the past decade, Nepa AB's Cyclically Adjusted PB Ratio has ranged from 1.30 to 2.09. According to the industry distribution chart, Nepa AB ranks #395 out of 717 companies in the Business Services industry, placing it in the top 55.1%.
Is Nepa AB's Cyclically Adjusted PB Ratio too high?
Nepa AB's current Cyclically Adjusted PB Ratio of 1.68 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 2.09. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Nepa AB's value of 1.68 is 9.8% above this industry median. Based on the distribution chart, Nepa AB ranks #395 out of 717 companies in the Business Services industry, which is below the industry midpoint. Overall, Nepa AB has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nepa AB's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nepa AB ranks #395 out of 717 companies for Cyclically Adjusted PB Ratio. This places Nepa AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Nepa AB's value of 1.68 is 9.8% above this benchmark. Historically, Nepa AB's own Cyclically Adjusted PB Ratio has ranged from 1.30 to 2.09 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.53, Nepa AB 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 717 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. Nepa AB's current Cyclically Adjusted PB Ratio of 1.68 is 9.8% 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 Nepa AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nepa AB's current Cyclically Adjusted PB Ratio is 1.68, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nepa AB stock overvalued right now?
Based on GuruFocus' analysis, Nepa AB (OSTO:NEPA) is currently considered Modestly Undervalued. The stock's GF Value™ is kr19.82, compared to a current price of kr17.30 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.68, which is near median its 10-year median of 1.73 and 9.8% above the Business Services industry median of 1.53. Nepa AB's overall GF Score™ is 61/100 with 2 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 Nepa AB (OSTO:NEPA), the current Cyclically Adjusted PB Ratio is 1.68 as of Aug. 21, 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 Nepa AB (OSTO:NEPA) Overvalued in 2026?

Based on GuruFocus' analysis, Nepa AB stock appears to be undervalued. The current stock price of kr17.30 is trading 12.7% below its estimated GF Value™ of kr19.82. GuruFocus considers Nepa AB to be Modestly Undervalued.

Key valuation signals for OSTO:NEPA:

  • Cyclically Adjusted PB Ratio: 1.68 (near median its 10-year median of 1.73)
  • GF Value™: kr19.82 vs. price of kr17.30 (12.7% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 9.8% above the Business Services median (#395 of 717)

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


Nepa AB Business Description

Address Magnus Ladulasgatan 65, Stockholm, SWE, 11827
Nepa AB is a marketing intelligence company in brand development and marketing optimization. Its offerings include brand tracking, campaign evaluations, and continuous media mix modelling, along with value-creating brand advisory services. The marketing intelligence suite offers product solutions for consumer brands to maximize short-term sales and build enduring brands. The Marketing Optimization segment, which derives the majority revenue, includes the subscription products Brand and Ad tracker, and Continuous Marketing Mix Modeling, as well as ad hoc-based advisory services such as Campaign Evaluation, Category Insight, and Market Segmentation. The Other segment comprises Nepa's tracking products and advisory services within Customer Experience, Innovation Acceleration, and panels.
61GF Score

Get the complete analysis for OSTO:NEPA

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

kr17.30
Price
kr19.82
GF Value