NAHD (New Asia Holdings) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is New Asia Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Asia Holdings  (OTCPK:NAHD) 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 Asia Holdings Cyclically Adjusted PB Ratio Related Terms


New Asia Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Asia 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.

New Asia Holdings Cyclically Adjusted PB Ratio Chart

New Asia Holdings 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 0.00 0.00 0.00 0.00 0.00

New Asia Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00

NAHD vs OBLG, ALDS, QGSI: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, New Asia 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.


New Asia Holdings Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, New Asia Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New Asia Holdings's Cyclically Adjusted PB Ratio falls into.



New Asia 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.

New Asia Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, New Asia Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.019/314.1750*314.1750
=-0.019

Current CPI (Jun. 2024) = 314.1750.

New Asia Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 -0.176 238.031 -0.232
201412 -0.192 234.812 -0.257
201503 0.000 236.119 0.000
201506 -0.002 238.638 -0.003
201509 0.036 237.945 0.048
201512 -0.085 236.525 -0.113
201603 -0.048 238.132 -0.063
201606 -0.086 241.018 -0.112
201609 -0.089 241.428 -0.116
201612 -0.107 241.432 -0.139
201703 -0.098 243.801 -0.126
201706 -0.069 244.955 -0.088
201709 -0.095 246.819 -0.121
201712 -0.008 246.524 -0.010
201803 -0.008 249.554 -0.010
201806 -0.009 251.989 -0.011
201809 -0.010 252.439 -0.012
201812 -0.010 251.233 -0.013
201903 -0.011 254.202 -0.014
201906 -0.011 256.143 -0.013
201909 -0.012 256.759 -0.015
201912 -0.012 256.974 -0.015
202003 -0.013 258.115 -0.016
202006 -0.014 257.797 -0.017
202009 -0.014 260.280 -0.017
202012 -0.011 260.474 -0.013
202103 -0.012 264.877 -0.014
202106 -0.013 271.696 -0.015
202109 -0.013 274.310 -0.015
202112 -0.014 278.802 -0.016
202203 -0.014 287.504 -0.015
202206 -0.015 296.311 -0.016
202209 -0.015 296.808 -0.016
202212 -0.016 296.797 -0.017
202303 -0.016 301.836 -0.017
202306 -0.017 305.109 -0.018
202309 -0.017 307.789 -0.017
202312 -0.018 306.746 -0.018
202403 -0.018 312.332 -0.018
202406 -0.019 314.175 -0.019

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 Asia Holdings Business Description

Address 80 Tras Street, Suite 01-03, Singapore, SGP, 079019
New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients based on software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize on the large volume of the 24-hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.