Nouveau Monde Graphite (TSX:NOU) Cyclically Adjusted PB Ratio: 1.43 (As of Jul. 22, 2026)

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TSX:NOU Nouveau Monde Graphite Inc TSX:NOU
20 GF Score
Price C$1.84
! 2 Warning Signs
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What is Nouveau Monde Graphite Cyclically Adjusted PB Ratio?

Nouveau Monde Graphite TSX:NOU -3.66% 20 Cyclically Adjusted PB Ratio is 1.43 as of Jul. 22, 2026. GuruFocus rates TSX:NOU with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,542 Metals & Mining companies, Nouveau Monde Graphite ranks worse than 50.97% on this metric.

As of today (2026-07-22), Nouveau Monde Graphite's current share price is C$1.84. Nouveau Monde Graphite's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$1.29. Nouveau Monde Graphite's Cyclically Adjusted PB Ratio for today is 1.43.

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

TSX:NOU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.42
Current: 1.42

During the past years, Nouveau Monde Graphite's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.00. And the median was 0.00.

TSX:NOU's Cyclically Adjusted PB Ratio is ranked worse than
50.97% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.395 vs TSX:NOU: 1.42

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.

Nouveau Monde Graphite's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.482. 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 C$1.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nouveau Monde Graphite  (TSX:NOU) 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.


Nouveau Monde Graphite Cyclically Adjusted PB Ratio Related Terms


Nouveau Monde Graphite Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nouveau Monde Graphite'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.

Nouveau Monde Graphite Cyclically Adjusted PB Ratio Chart

Nouveau Monde Graphite 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 8.32 4.21 2.74 1.77 2.61

Nouveau Monde Graphite 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 1.64 1.71 3.00 2.61 2.42

Nouveau Monde Graphite Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nouveau Monde Graphite'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.


Nouveau Monde Graphite Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nouveau Monde Graphite's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:NOU
20GF Score
Nouveau Monde Graphite Inc TSX:NOU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nouveau Monde Graphite 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.

Nouveau Monde Graphite's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.84/1.29
=1.43

* 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.

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

For example, Nouveau Monde Graphite'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)
=0.482/132.2623*132.2623
=0.482

Current CPI (Mar. 2026) = 132.2623.

Nouveau Monde Graphite Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.940 102.002 1.219
201609 0.987 101.765 1.283
201612 1.021 101.449 1.331
201703 1.129 102.634 1.455
201706 1.002 103.029 1.286
201709 1.229 103.345 1.573
201712 1.445 103.345 1.849
201803 1.389 105.004 1.750
201806 1.399 105.557 1.753
201809 1.461 105.636 1.829
201812 0.186 105.399 0.233
201903 1.276 106.979 1.578
201906 1.559 107.690 1.915
201909 1.496 107.611 1.839
201912 0.258 107.769 0.317
202003 1.352 107.927 1.657
202006 1.278 108.401 1.559
202009 1.204 108.164 1.472
202012 -0.196 108.559 -0.239
202103 0.769 110.298 0.922
202106 1.964 111.720 2.325
202109 2.094 112.905 2.453
202112 1.918 113.774 2.230
202203 1.687 117.646 1.897
202206 1.530 120.806 1.675
202209 1.336 120.648 1.465
202212 1.294 120.964 1.415
202303 0.887 122.702 0.956
202306 1.331 124.203 1.417
202309 1.121 125.230 1.184
202312 0.894 125.072 0.945
202403 0.905 126.258 0.948
202406 1.021 127.522 1.059
202409 0.972 127.285 1.010
202412 1.009 127.364 1.048
202503 0.951 129.181 0.974
202506 0.817 129.892 0.832
202509 0.321 130.287 0.326
202512 0.497 130.366 0.504
202603 0.482 132.262 0.482

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 1.43 mean?
Nouveau Monde Graphite (TSX:NOU) has a Cyclically Adjusted PB Ratio of 1.43 as of Jul. 22, 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 Nouveau Monde Graphite and its competitors. According to the industry distribution chart, Nouveau Monde Graphite ranks #786 out of 1542 companies in the Metals & Mining industry, placing it in the top 51%.
Is Nouveau Monde Graphite's Cyclically Adjusted PB Ratio too high?
Nouveau Monde Graphite's current Cyclically Adjusted PB Ratio is 1.43. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Nouveau Monde Graphite's value of 1.43 is 2.5% above this industry median. Based on the distribution chart, Nouveau Monde Graphite ranks #786 out of 1542 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nouveau Monde Graphite has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Nouveau Monde Graphite's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nouveau Monde Graphite ranks #786 out of 1542 companies for Cyclically Adjusted PB Ratio. This places Nouveau Monde Graphite in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Nouveau Monde Graphite's value of 1.43 is 2.5% above this benchmark. 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,542 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. Nouveau Monde Graphite's current Cyclically Adjusted PB Ratio of 1.43 is 2.5% 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 Nouveau Monde Graphite and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nouveau Monde Graphite's current Cyclically Adjusted PB Ratio is 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nouveau Monde Graphite stock overvalued right now?
Nouveau Monde Graphite (TSX:NOU) has a current Cyclically Adjusted PB Ratio of 1.43. The current Cyclically Adjusted PB Ratio is 1.43 and 2.5% above the Metals & Mining industry median of 1.40. Nouveau Monde Graphite's overall GF Score™ is 20/100 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 Nouveau Monde Graphite (TSX:NOU), the current Cyclically Adjusted PB Ratio is 1.43 as of Jul. 22, 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.

Nouveau Monde Graphite Business Description

Other Exchanges NMG:USANM9A:Germany
Address 481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0
Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The Company currently operates in two segments: the Mining projects (which includes the Matawinie Mine project and the Uatnan Mining Project) and the Battery Material Plant project.
20GF Score

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

C$1.84
Price