Novus Group International AB (XSAT:NOVU) Cyclically Adjusted PB Ratio: 2.20 (As of Sep. 14, 2026) — Near Median

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XSAT:NOVU Novus Group International AB XSAT:NOVU
69 GF Score
Price kr3.06
GF Value kr3.12
Valuation Fairly Valued
! 2 Warning Signs
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What is Novus Group International AB Cyclically Adjusted PB Ratio?

Novus Group International AB XSAT:NOVU -8.38% 69 Cyclically Adjusted PB Ratio is 2.20 as of Sep. 14, 2026, which is 6% below its 10-year median of 2.33. GuruFocus rates XSAT:NOVU with a GF Score™ of 69/100 and a GF Value™ of kr3.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 688 Business Services companies, Novus Group International AB ranks worse than 64.83% on this metric.

As of today (2026-09-14), Novus Group International AB's current share price is kr3.06. Novus Group International AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr1.39. Novus Group International AB's Cyclically Adjusted PB Ratio for today is 2.20.

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

XSAT:NOVU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.33   Max: 4.15
Current: 2.2

During the past years, Novus Group International AB's highest Cyclically Adjusted PB Ratio was 4.15. The lowest was 1.70. And the median was 2.33.

XSAT:NOVU's Cyclically Adjusted PB Ratio is ranked worse than
64.83% of 688 companies
in the Business Services industry
Industry Median: 1.53 vs XSAT:NOVU: 2.20

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.

Novus Group International AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr1.248. 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 kr1.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novus Group International AB  (XSAT:NOVU) 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.


Novus Group International AB Cyclically Adjusted PB Ratio Related Terms


Novus Group International AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Novus Group International 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.

Novus Group International AB Cyclically Adjusted PB Ratio Chart

Novus Group International AB Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.09 2.28 2.03 2.34

Novus Group International 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 2.62 2.36 2.34 2.41 2.60

XSAT:NOVU vs VRSK, EFX, BAH: Cyclically Adjusted PB Ratio Comparison

For the Consulting Services subindustry, Novus Group International 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.


Novus Group International AB Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


XSAT:NOVU
69GF Score
Novus Group International AB XSAT:NOVU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Group International 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.

Novus Group International AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.06/1.39
=2.20

* 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.

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

For example, Novus Group International 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)
=1.248/134.6100*134.6100
=1.248

Current CPI (Jun. 2026) = 134.6100.

Novus Group International AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.853 101.138 1.135
201612 0.925 102.022 1.220
201703 0.964 102.022 1.272
201706 1.111 102.752 1.455
201709 1.015 103.279 1.323
201712 1.078 103.793 1.398
201803 1.243 103.962 1.609
201806 1.299 104.875 1.667
201809 1.307 105.679 1.665
201812 1.233 105.912 1.567
201903 1.302 105.886 1.655
201906 1.216 106.742 1.533
201909 0.890 107.214 1.117
201912 0.928 107.766 1.159
202003 1.056 106.563 1.334
202006 1.156 107.498 1.448
202009 1.091 107.635 1.364
202012 1.299 108.296 1.615
202103 1.474 108.360 1.831
202106 1.492 108.928 1.844
202109 1.404 110.338 1.713
202112 1.530 112.486 1.831
202203 1.797 114.825 2.107
202206 1.741 118.384 1.980
202209 1.539 122.296 1.694
202212 1.595 126.365 1.699
202303 1.679 127.042 1.779
202306 1.399 129.407 1.455
202309 0.943 130.224 0.975
202312 1.061 131.912 1.083
202403 1.178 132.205 1.199
202406 1.206 132.716 1.223
202409 0.876 132.304 0.891
202412 1.002 132.987 1.014
202503 1.035 132.825 1.049
202506 0.910 133.699 0.916
202509 0.710 133.480 0.716
202512 0.877 133.390 0.885
202603 1.029 133.560 1.037
202606 1.248 134.610 1.248

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 2.20 mean?
Novus Group International AB (XSAT:NOVU) has a Cyclically Adjusted PB Ratio of 2.20 as of Sep. 14, 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 Novus Group International AB and its competitors. This is near median its historical median of 2.33. Over the past decade, Novus Group International AB's Cyclically Adjusted PB Ratio has ranged from 1.70 to 4.15. According to the industry distribution chart, Novus Group International AB ranks #446 out of 688 companies in the Business Services industry, placing it in the top 64.8%.
Is Novus Group International AB's Cyclically Adjusted PB Ratio too high?
Novus Group International AB's current Cyclically Adjusted PB Ratio of 2.20 is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 4.15. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Novus Group International AB's value of 2.20 is 43.8% above this industry median. Based on the distribution chart, Novus Group International AB ranks #446 out of 688 companies in the Business Services industry, which is below the industry midpoint. Overall, Novus Group International AB has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novus Group International AB's Cyclically Adjusted PB Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, Novus Group International AB ranks #446 out of 688 companies for Cyclically Adjusted PB Ratio. This places Novus Group International AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Novus Group International AB's value of 2.20 is 43.8% above this benchmark. Historically, Novus Group International AB's own Cyclically Adjusted PB Ratio has ranged from 1.70 to 4.15 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.53, Novus Group International 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 688 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. Novus Group International AB's current Cyclically Adjusted PB Ratio of 2.20 is 43.8% 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 Novus Group International 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. Novus Group International AB's current Cyclically Adjusted PB Ratio is 2.20, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Group International AB stock overvalued right now?
Based on GuruFocus' analysis, Novus Group International AB (XSAT:NOVU) is currently considered Fairly Valued. The stock's GF Value™ is kr3.12, compared to a current price of kr3.06 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.20, which is near median its 10-year median of 2.33 and 43.8% above the Business Services industry median of 1.53. Novus Group International AB's overall GF Score™ is 69/100 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 Novus Group International AB (XSAT:NOVU), the current Cyclically Adjusted PB Ratio is 2.20 as of Sep. 14, 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 Novus Group International AB (XSAT:NOVU) Overvalued in 2026?

Based on GuruFocus' analysis, Novus Group International AB stock appears to be undervalued. The current stock price of kr3.06 is trading 1.9% below its estimated GF Value™ of kr3.12. GuruFocus considers Novus Group International AB to be Fairly Valued.

Key valuation signals for XSAT:NOVU:

  • Cyclically Adjusted PB Ratio: 2.20 (near median its 10-year median of 2.33)
  • GF Value™: kr3.12 vs. price of kr3.06 (1.9% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 43.8% above the Business Services median (#446 of 688)

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


Novus Group International AB Business Description

Address Sveavagen 59, Stockholm, SWE, 113 59
Novus Group International AB is a research company which provides analysis and consultancy services in Sweden. It offers solutions in areas, such as Communication, Brand, Marketing, Business Development, Customer and Affiliates, Society, Media, and Opinion.
69GF Score

Get the complete analysis for XSAT:NOVU

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

kr3.06
Price
kr3.12
GF Value