Nu-World Holdings (JSE:NWL) Cyclically Adjusted PB Ratio: 0.37 (As of Aug. 18, 2026) — 30% Below Median

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JSE:NWL Nu-World Holdings Ltd JSE:NWL
70 GF Score
Price R27.25
GF Value R31.69
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Nu-World Holdings Cyclically Adjusted PB Ratio?

Nu-World Holdings JSE:NWL 70 Cyclically Adjusted PB Ratio is 0.37 as of Aug. 18, 2026, which is 30% below its 10-year median of 0.53. GuruFocus rates JSE:NWL with a GF Score™ of 70/100 and a GF Value™ of R31.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,962 Hardware companies, Nu-World Holdings ranks better than 91.13% on this metric.

As of today (2026-08-18), Nu-World Holdings's current share price is R27.25. Nu-World Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 was R74.20. Nu-World Holdings's Cyclically Adjusted PB Ratio for today is 0.37.

The historical rank and industry rank for Nu-World Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

JSE:NWL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.53   Max: 1.06
Current: 0.37

During the past 13 years, Nu-World Holdings's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.34. And the median was 0.53.

JSE:NWL's Cyclically Adjusted PB Ratio is ranked better than
91.13% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs JSE:NWL: 0.37

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.

Nu-World Holdings's adjusted book value per share data of for the fiscal year that ended in Aug25 was R77.116. 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 R74.20 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nu-World Holdings  (JSE:NWL) 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.


Nu-World Holdings Cyclically Adjusted PB Ratio Related Terms


Nu-World Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nu-World Holdings'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.

Nu-World Holdings Cyclically Adjusted PB Ratio Chart

Nu-World Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.42 0.43 0.37

Nu-World Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 0.43 0.00 0.37 0.00

JSE:NWL vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Nu-World Holdings'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.


Nu-World Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nu-World Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nu-World Holdings's Cyclically Adjusted PB Ratio falls into.


JSE:NWL
70GF Score
Nu-World Holdings Ltd JSE:NWL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nu-World Holdings 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.

Nu-World Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.25/74.20
=0.37

* 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.

Nu-World Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Nu-World Holdings's adjusted Book Value per Share data for the fiscal year that ended in Aug25 was:

Adj_Book=Book Value per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=77.116/162.2500*162.2500
=77.116

Current CPI (Aug25) = 162.2500.

Nu-World Holdings Annual Data

Book Value per Share CPI Adj_Book
201608 42.866 107.476 64.712
201708 46.746 112.381 67.490
201808 52.352 117.831 72.087
201908 56.960 122.954 75.164
202008 61.133 126.660 78.311
202108 62.980 133.003 76.829
202208 67.459 143.536 76.254
202308 71.800 150.422 77.446
202408 74.143 157.055 76.596
202508 77.116 162.250 77.116

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 0.37 mean?
Nu-World Holdings (JSE:NWL) has a Cyclically Adjusted PB Ratio of 0.37 as of Aug. 18, 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 Nu-World Holdings and its competitors. This is 30% below median its historical median of 0.53. Over the past decade, Nu-World Holdings' Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.06. According to the industry distribution chart, Nu-World Holdings ranks #174 out of 1962 companies in the Hardware industry, placing it in the top 8.9%.
Is Nu-World Holdings' Cyclically Adjusted PB Ratio too high?
Nu-World Holdings' current Cyclically Adjusted PB Ratio of 0.37 is 30% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.06. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Nu-World Holdings' value of 0.37 is 82.5% below this industry median. Based on the distribution chart, Nu-World Holdings ranks #174 out of 1962 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nu-World Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nu-World Holdings' Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Nu-World Holdings ranks #174 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Nu-World Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.12. Nu-World Holdings' value of 0.37 is 82.5% below this benchmark. Historically, Nu-World Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.06 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 2.12, Nu-World Holdings 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.12, based on 1,962 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. Nu-World Holdings's current Cyclically Adjusted PB Ratio of 0.37 is 82.5% 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 Nu-World Holdings and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nu-World Holdings's current Cyclically Adjusted PB Ratio is 0.37, which is 30% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nu-World Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nu-World Holdings (JSE:NWL) is currently considered Modestly Undervalued. The stock's GF Value™ is R31.69, compared to a current price of R27.25 — trading 14% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 30% below median its 10-year median of 0.53 and 82.5% below the Hardware industry median of 2.12. Nu-World Holdings' overall GF Score™ is 70/100 with 3 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 Nu-World Holdings (JSE:NWL), the current Cyclically Adjusted PB Ratio is 0.37 as of Aug. 18, 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 Nu-World Holdings (JSE:NWL) Overvalued in 2026?

Based on GuruFocus' analysis, Nu-World Holdings stock appears to be undervalued. The current stock price of R27.25 is trading 14% below its estimated GF Value™ of R31.69. GuruFocus considers Nu-World Holdings to be Modestly Undervalued.

Key valuation signals for JSE:NWL:

  • Cyclically Adjusted PB Ratio: 0.37 (30% below median its 10-year median of 0.53)
  • GF Value™: R31.69 vs. price of R27.25 (14% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 82.5% below the Hardware median (#174 of 1962)

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


Nu-World Holdings Business Description

Address 35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199
Nu-World Holdings Ltd, along with its subsidiaries, is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods, including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.
70GF Score

Get the complete analysis for JSE:NWL

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

R27.25
Price
R31.69
GF Value