NXT Energy Solutions (TSX:SFD) Cyclically Adjusted PB Ratio: 1.15 (As of Jul. 16, 2026) — 38% Below Median

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TSX:SFD NXT Energy Solutions Inc TSX:SFD
30 GF Score
Price C$0.39
! 6 Warning Signs
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What is NXT Energy Solutions Cyclically Adjusted PB Ratio?

NXT Energy Solutions TSX:SFD -2.50% 30 Cyclically Adjusted PB Ratio is 1.15 as of Jul. 16, 2026, which is 38% below its 10-year median of 1.84. GuruFocus rates TSX:SFD with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 773 Oil & Gas companies, NXT Energy Solutions ranks better than 51.23% on this metric.

As of today (2026-07-16), NXT Energy Solutions's current share price is C$0.39. NXT Energy Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.34. NXT Energy Solutions's Cyclically Adjusted PB Ratio for today is 1.15.

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

TSX:SFD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.84   Max: 18.1
Current: 1.15

During the past years, NXT Energy Solutions's highest Cyclically Adjusted PB Ratio was 18.10. The lowest was 0.25. And the median was 1.84.

TSX:SFD's Cyclically Adjusted PB Ratio is ranked better than
51.23% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs TSX:SFD: 1.15

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.

NXT Energy Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.109. 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$0.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NXT Energy Solutions  (TSX:SFD) 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.


NXT Energy Solutions Cyclically Adjusted PB Ratio Related Terms


NXT Energy Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NXT Energy Solutions'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.

NXT Energy Solutions Cyclically Adjusted PB Ratio Chart

NXT Energy Solutions 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 1.91 0.59 0.44 0.42 1.00

NXT Energy Solutions 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 0.62 1.70 1.41 1.00 1.17

TSX:SFD vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, NXT Energy Solutions'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.


NXT Energy Solutions Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NXT Energy Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:SFD
30GF Score
NXT Energy Solutions Inc TSX:SFD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NXT Energy Solutions 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.

NXT Energy Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.39/0.34
=1.15

* 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.

NXT Energy Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NXT Energy Solutions'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)
=0.109/132.2623*132.2623
=0.109

Current CPI (Mar. 2026) = 132.2623.

NXT Energy Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.584 102.002 0.757
201609 0.551 101.765 0.716
201612 0.513 101.449 0.669
201703 0.476 102.634 0.613
201706 0.429 103.029 0.551
201709 0.396 103.345 0.507
201712 0.368 103.345 0.471
201803 0.381 105.004 0.480
201806 0.357 105.557 0.447
201809 0.373 105.636 0.467
201812 0.351 105.399 0.440
201903 0.354 106.979 0.438
201906 0.442 107.690 0.543
201909 0.432 107.611 0.531
201912 0.411 107.769 0.504
202003 0.391 107.927 0.479
202006 0.369 108.401 0.450
202009 0.346 108.164 0.423
202012 0.321 108.559 0.391
202103 0.295 110.298 0.354
202106 0.322 111.720 0.381
202109 0.302 112.905 0.354
202112 0.276 113.774 0.321
202203 0.249 117.646 0.280
202206 0.222 120.806 0.243
202209 0.198 120.648 0.217
202212 0.175 120.964 0.191
202303 0.157 122.702 0.169
202306 0.135 124.203 0.144
202309 0.114 125.230 0.120
202312 0.110 125.072 0.116
202403 0.087 126.258 0.091
202406 0.049 127.522 0.051
202409 0.031 127.285 0.032
202412 -0.003 127.364 -0.003
202503 0.096 129.181 0.098
202506 0.129 129.892 0.131
202509 0.114 130.287 0.116
202512 0.125 130.366 0.127
202603 0.109 132.262 0.109

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 1.15 mean?
NXT Energy Solutions (TSX:SFD) has a Cyclically Adjusted PB Ratio of 1.15 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 NXT Energy Solutions and its competitors. This is 38% below median its historical median of 1.84. Over the past decade, NXT Energy Solutions' Cyclically Adjusted PB Ratio has ranged from 0.25 to 18.10. According to the industry distribution chart, NXT Energy Solutions ranks #377 out of 773 companies in the Oil & Gas industry, placing it in the top 48.8%.
Is NXT Energy Solutions' Cyclically Adjusted PB Ratio too high?
NXT Energy Solutions' current Cyclically Adjusted PB Ratio of 1.15 is 38% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 18.10. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. NXT Energy Solutions' value of 1.15 is 2.5% below this industry median. Based on the distribution chart, NXT Energy Solutions ranks #377 out of 773 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NXT Energy Solutions has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NXT Energy Solutions ranks #377 out of 773 companies for Cyclically Adjusted PB Ratio. This puts NXT Energy Solutions in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. NXT Energy Solutions' value of 1.15 is 2.5% below this benchmark. Historically, NXT Energy Solutions' own Cyclically Adjusted PB Ratio has ranged from 0.25 to 18.10 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.18, NXT Energy Solutions 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 773 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. NXT Energy Solutions's current Cyclically Adjusted PB Ratio of 1.15 is 2.5% 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 NXT Energy Solutions and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NXT Energy Solutions's current Cyclically Adjusted PB Ratio is 1.15, which is 38% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXT Energy Solutions stock overvalued right now?
NXT Energy Solutions (TSX:SFD) has a current Cyclically Adjusted PB Ratio of 1.15. The current Cyclically Adjusted PB Ratio is 1.15, which is 38% below median its 10-year median of 1.84 and 2.5% below the Oil & Gas industry median of 1.18. NXT Energy Solutions' overall GF Score™ is 30/100 with 6 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 NXT Energy Solutions (TSX:SFD), the current Cyclically Adjusted PB Ratio is 1.15 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.

NXT Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges NSFDF:USA
Address 3320 -17th Avenue SW, Suite 302, Calgary, AB, CAN, T3E 0B4
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The SFD system is used to accelerate onshore and offshore exploration over any terrain with the objective of reducing the total time, cost and risk of the exploration cycle, with no environmental footprint or community impact.
30GF Score

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