New Wave Group AB (CHIX:NEWABS) Cyclically Adjusted PB Ratio: 2.29 (As of Aug. 10, 2026) — 15% Above Median

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CHIX:NEWABS New Wave Group AB CHIX:NEWABS
84 GF Score
Price kr94.88
GF Value kr109.60
Valuation Modestly Undervalued
! 5 Warning Signs
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What is New Wave Group AB Cyclically Adjusted PB Ratio?

New Wave Group AB CHIX:NEWABS 84 Cyclically Adjusted PB Ratio is 2.29 as of Aug. 10, 2026, which is 15% above its 10-year median of 1.99. GuruFocus rates CHIX:NEWABS with a GF Score™ of 84/100 and a GF Value™ of kr109.60 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 803 Retail - Cyclical companies, New Wave Group AB ranks worse than 68.37% on this metric.

As of today (2026-08-10), New Wave Group AB's current share price is kr94.875. New Wave Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr41.46. New Wave Group AB's Cyclically Adjusted PB Ratio for today is 2.29.

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

CHIX:NEWABs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.99   Max: 3.32
Current: 2.15

During the past years, New Wave Group AB's highest Cyclically Adjusted PB Ratio was 3.32. The lowest was 0.40. And the median was 1.99.

CHIX:NEWABs's Cyclically Adjusted PB Ratio is ranked worse than
68.37% of 803 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs CHIX:NEWABs: 2.15

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.

New Wave Group AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr53.487. 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 kr41.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Wave Group AB  (CHIX:NEWABs) 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


New Wave Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

New Wave Group AB Cyclically Adjusted PB Ratio Chart

New Wave 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 2.55 2.72 2.48 2.27 2.63

New Wave Group AB 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 2.33 2.89 2.56 2.63 2.20

CHIX:NEWABS vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


CHIX:NEWABS
84GF Score
New Wave Group AB CHIX:NEWABS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=94.875/41.46
=2.29

* 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. 2026 is calculated as:

For example, New Wave 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)
=53.487/133.5600*133.5600
=53.487

Current CPI (Mar. 2026) = 133.5600.

New Wave Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 37.984 101.019 50.219
201609 39.690 101.138 52.414
201612 21.062 102.022 27.573
201703 42.322 102.022 55.405
201706 41.511 102.752 53.957
201709 42.442 103.279 54.886
201712 45.318 103.793 58.315
201803 23.249 103.962 29.868
201806 24.112 104.875 30.707
201809 24.507 105.679 30.973
201812 25.737 105.912 32.456
201903 26.592 105.886 33.542
201906 26.351 106.742 32.972
201909 28.033 107.214 34.922
201912 28.295 107.766 35.067
202003 29.562 106.563 37.051
202006 28.542 107.498 35.462
202009 29.008 107.635 35.995
202012 28.978 108.296 35.738
202103 30.564 108.360 37.672
202106 31.555 108.928 38.691
202109 33.495 110.338 40.544
202112 34.417 112.486 40.865
202203 36.106 114.825 41.997
202206 37.885 118.384 42.742
202209 41.980 122.296 45.846
202212 44.386 126.365 46.913
202303 46.014 127.042 48.375
202306 46.615 129.407 48.111
202309 48.074 130.224 49.306
202312 48.681 131.912 49.289
202403 51.447 132.205 51.974
202406 49.192 132.716 49.505
202409 49.652 132.304 50.123
202412 54.384 132.987 54.618
202503 52.154 132.825 52.443
202506 49.313 133.699 49.262
202509 50.135 133.480 50.165
202512 51.429 133.390 51.495
202603 53.487 133.560 53.487

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 2.29 mean?
New Wave Group AB (CHIX:NEWABS) has a Cyclically Adjusted PB Ratio of 2.29 as of Aug. 10, 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 New Wave Group AB and its competitors. This is 15% above median its historical median of 1.99. Over the past decade, New Wave Group AB's Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.32. According to the industry distribution chart, New Wave Group AB ranks #549 out of 803 companies in the Retail - Cyclical industry, placing it in the top 68.4%.
Is New Wave Group AB's Cyclically Adjusted PB Ratio too high?
New Wave Group AB's current Cyclically Adjusted PB Ratio of 2.29 is 15% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.32. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. New Wave Group AB's value of 2.29 is 84.7% above this industry median. Based on the distribution chart, New Wave Group AB ranks #549 out of 803 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, New Wave Group AB has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Wave Group AB's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, New Wave Group AB ranks #549 out of 803 companies for Cyclically Adjusted PB Ratio. This places New Wave Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. New Wave Group AB's value of 2.29 is 84.7% above this benchmark. Historically, New Wave Group AB's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.32 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.24, New Wave Group 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 803 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. New Wave Group AB's current Cyclically Adjusted PB Ratio of 2.29 is 84.7% 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 New Wave Group AB and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Wave Group AB's current Cyclically Adjusted PB Ratio is 2.29, which is 15% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Wave Group AB stock overvalued right now?
Based on GuruFocus' analysis, New Wave Group AB (CHIX:NEWABS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr109.60, compared to a current price of kr94.88 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.29, which is 15% above median its 10-year median of 1.99 and 84.7% above the Retail - Cyclical industry median of 1.24. New Wave Group AB's overall GF Score™ is 84/100 with 5 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 New Wave Group AB (CHIX:NEWABS), the current Cyclically Adjusted PB Ratio is 2.29 as of Aug. 10, 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 New Wave Group AB (CHIX:NEWABS) Overvalued in 2026?

Based on GuruFocus' analysis, New Wave Group AB stock appears to be undervalued. The current stock price of kr94.88 is trading 13.4% below its estimated GF Value™ of kr109.60. GuruFocus considers New Wave Group AB to be Modestly Undervalued.

Key valuation signals for CHIX:NEWABS:

  • Cyclically Adjusted PB Ratio: 2.29 (15% above median its 10-year median of 1.99)
  • GF Value™: kr109.60 vs. price of kr94.88 (13.4% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 84.7% above the Retail - Cyclical median (#549 of 803)

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


New Wave Group AB Business Description

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 markets 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. It derives maximum revenue from the Corporate segment. The firm generates the majority of its revenue from Promo sales channel.
84GF Score

Get the complete analysis for CHIX:NEWABS

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

kr94.88
Price
kr109.60
GF Value