Nordic Flanges Group AB (OSTO:NFGAB) Cyclically Adjusted PB Ratio: 0.11 (As of Aug. 04, 2026) — 120% Above Median

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OSTO:NFGAB Nordic Flanges Group AB OSTO:NFGAB
32 GF Score
Price kr19.40
GF Value kr5.16
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nordic Flanges Group AB Cyclically Adjusted PB Ratio?

Nordic Flanges Group AB OSTO:NFGAB -3.00% 32 Cyclically Adjusted PB Ratio is 0.11 as of Aug. 04, 2026, which is 120% above its 10-year median of 0.05. GuruFocus rates OSTO:NFGAB with a GF Score™ of 32/100 and a GF Value™ of kr5.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,261 Industrial Products companies, Nordic Flanges Group AB ranks better than 98.32% on this metric.

As of today (2026-08-04), Nordic Flanges Group AB's current share price is kr19.40. Nordic Flanges Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr176.95. Nordic Flanges Group AB's Cyclically Adjusted PB Ratio for today is 0.11.

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

OSTO:NFGAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.17
Current: 0.13

During the past years, Nordic Flanges Group AB's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.03. And the median was 0.05.

OSTO:NFGAB's Cyclically Adjusted PB Ratio is ranked better than
98.32% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs OSTO:NFGAB: 0.13

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.

Nordic Flanges Group AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr8.828. 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 kr176.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Flanges Group AB  (OSTO:NFGAB) 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.


Nordic Flanges Group AB Cyclically Adjusted PB Ratio Related Terms


Nordic Flanges Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nordic Flanges Group 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.

Nordic Flanges Group AB Cyclically Adjusted PB Ratio Chart

Nordic Flanges Group 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 0.15 0.15 0.09 0.05 0.06

Nordic Flanges Group AB Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.05 0.05 0.04 0.06 0.11

OSTO:NFGAB vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Nordic Flanges Group 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.


Nordic Flanges Group AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


OSTO:NFGAB
32GF Score
Nordic Flanges Group AB OSTO:NFGAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Flanges Group 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.

Nordic Flanges Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.40/176.95
=0.11

* 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.

Nordic Flanges Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nordic Flanges Group AB'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)
=8.828/133.5600*133.5600
=8.828

Current CPI (Mar. 2026) = 133.5600.

Nordic Flanges Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201206 546.557 100.352 727.418
201209 419.742 100.467 558.000
201212 259.996 100.403 345.855
201303 247.697 100.416 329.453
201306 247.279 100.206 329.588
201309 245.389 100.544 325.969
201312 223.527 100.541 296.937
201403 219.053 99.788 293.190
201406 226.094 100.432 300.672
201409 218.689 100.161 291.612
201412 189.622 100.225 252.691
201506 181.113 99.995 241.907
201512 180.313 100.276 240.164
201606 177.115 101.019 234.168
201612 183.876 102.022 240.719
201706 182.727 102.752 237.513
201712 152.017 103.793 195.615
201806 151.336 104.875 192.730
201812 133.542 105.912 168.403
201906 123.416 106.742 154.424
201912 103.338 107.766 128.072
202006 98.290 107.498 122.120
202012 76.421 108.296 94.249
202106 62.410 108.928 76.523
202112 55.882 112.486 66.351
202206 56.140 118.384 63.337
202212 45.803 126.365 48.411
202303 0.000 127.042 0.000
202306 43.367 129.407 44.759
202309 0.000 130.224 0.000
202312 22.511 131.912 22.792
202403 21.658 132.205 21.880
202406 15.748 132.716 15.848
202409 13.356 132.304 13.483
202412 9.805 132.987 9.847
202503 8.248 132.825 8.294
202506 7.049 133.699 7.042
202509 7.561 133.480 7.566
202512 7.509 133.390 7.519
202603 8.828 133.560 8.828

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 0.11 mean?
Nordic Flanges Group AB (OSTO:NFGAB) has a Cyclically Adjusted PB Ratio of 0.11 as of Aug. 04, 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 Nordic Flanges Group AB and its competitors. This is 120% above median its historical median of 0.05. Over the past decade, Nordic Flanges Group AB's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.17. According to the industry distribution chart, Nordic Flanges Group AB ranks #38 out of 2261 companies in the Industrial Products industry, placing it in the top 1.7%.
Is Nordic Flanges Group AB's Cyclically Adjusted PB Ratio too high?
Nordic Flanges Group AB's current Cyclically Adjusted PB Ratio of 0.11 is 120% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.17. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Nordic Flanges Group AB's value of 0.11 is 94.7% below this industry median. Based on the distribution chart, Nordic Flanges Group AB ranks #38 out of 2261 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nordic Flanges Group AB ranks #38 out of 2261 companies for Cyclically Adjusted PB Ratio. This places Nordic Flanges Group AB in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Nordic Flanges Group AB's value of 0.11 is 94.7% below this benchmark. Historically, Nordic Flanges Group AB's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.17 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 2.07, Nordic Flanges Group AB has consistently been below 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 2.07, based on 2,261 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. Nordic Flanges Group AB's current Cyclically Adjusted PB Ratio of 0.11 is 94.7% below 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 Nordic Flanges Group AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Flanges Group AB's current Cyclically Adjusted PB Ratio is 0.11, which is 120% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.16, compared to a current price of kr19.40 — trading 276% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.11, which is 120% above median its 10-year median of 0.05 and 94.7% below the Industrial Products industry median of 2.07. Nordic Flanges Group AB's overall GF Score™ is 32/100 with 3 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 Nordic Flanges Group AB (OSTO:NFGAB), the current Cyclically Adjusted PB Ratio is 0.11 as of Aug. 04, 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 Nordic Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued. The current stock price of kr19.40 is trading 276% above its estimated GF Value™ of kr5.16. GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:NFGAB:

  • Cyclically Adjusted PB Ratio: 0.11 (120% above median its 10-year median of 0.05)
  • GF Value™: kr5.16 vs. price of kr19.40 (276% above fair value)
  • GF Score™: 32/100 with 3 warning signs
  • Industry Position: 94.7% below the Industrial Products median (#38 of 2261)

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


Nordic Flanges Group AB Business Description

Address c/o iOffice, Drottninggatan 32, 8th Floor, Stockholm, SWE, SE-111 51
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score

Get the complete analysis for OSTO:NFGAB

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

kr19.40
Price
kr5.16
GF Value