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New Wave Group AB (OSTO:NEWA B) Cyclically Adjusted PB Ratio : 2.69 (As of Jun. 06, 2024)


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What is New Wave Group AB Cyclically Adjusted PB Ratio?

As of today (2024-06-06), New Wave Group AB's current share price is kr117.60. New Wave Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr43.64. New Wave Group AB's Cyclically Adjusted PB Ratio for today is 2.69.

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

OSTO:NEWA B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.16   Max: 3.14
Current: 2.69

During the past years, New Wave Group AB's highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 0.38. And the median was 1.16.

OSTO:NEWA B's Cyclically Adjusted PB Ratio is ranked worse than
74.9% of 761 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs OSTO:NEWA B: 2.69

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.

New Wave Group AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr51.447. 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 kr43.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Wave Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for New Wave 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.

* Premium members only.

New Wave Group AB Cyclically Adjusted PB Ratio Chart

New Wave Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.84 2.41 2.57 2.35

New Wave Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.19 2.28 1.81 2.35 2.93

Competitive Comparison of New Wave Group AB's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, New Wave 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.


New Wave Group AB's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



New Wave 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.

New Wave Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=117.60/43.64
=2.69

* 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.

New Wave Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, New Wave Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=51.447/132.2054*132.2054
=51.447

Current CPI (Mar. 2024) = 132.2054.

New Wave Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.418 100.432 41.358
201409 33.229 100.161 43.860
201412 17.986 100.225 23.725
201503 37.322 99.950 49.366
201506 36.077 99.995 47.698
201509 37.167 100.228 49.025
201512 18.778 100.276 24.757
201603 37.262 100.751 48.895
201606 37.984 101.019 49.710
201609 39.690 101.138 51.882
201612 21.062 102.022 27.293
201703 42.322 102.022 54.843
201706 41.511 102.752 53.410
201709 42.443 103.279 54.330
201712 45.319 103.793 57.725
201803 46.499 103.962 59.132
201806 48.225 104.875 60.793
201809 49.015 105.679 61.318
201812 25.737 105.912 32.126
201903 26.592 105.886 33.202
201906 26.351 106.742 32.637
201909 28.033 107.214 34.568
201912 28.295 107.766 34.712
202003 29.562 106.563 36.676
202006 28.542 107.498 35.102
202009 29.008 107.635 35.630
202012 28.978 108.296 35.376
202103 30.564 108.360 37.290
202106 31.555 108.928 38.298
202109 33.495 110.338 40.133
202112 34.417 112.486 40.451
202203 36.106 114.825 41.571
202206 37.885 118.384 42.308
202209 41.980 122.296 45.381
202212 44.386 126.365 46.437
202303 46.014 127.042 47.884
202306 46.615 129.407 47.623
202309 48.074 130.224 48.806
202312 48.681 131.912 48.789
202403 51.447 132.205 51.447

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.


New Wave Group AB  (OSTO:NEWA B) 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.


New Wave Group AB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of New Wave Group AB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


New Wave Group AB (OSTO:NEWA B) Business Description

Traded in Other Exchanges
Address
Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group market its products in the corporate promo market and the retail market. The group divides its operations into three operating segments, Corporate, Sports and Leisure, and Gifts and Home Furnishings.

New Wave Group AB (OSTO:NEWA B) Headlines

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