NEWH (NewHydrogen) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is NewHydrogen Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NewHydrogen  (OTCPK:NEWH) 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.


NewHydrogen Cyclically Adjusted PB Ratio Related Terms


NewHydrogen Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NewHydrogen'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.

NewHydrogen Cyclically Adjusted PB Ratio Chart

NewHydrogen 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 0.00 0.00 0.00 0.00 0.00

NewHydrogen 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 0.00 0.00 0.00 0.00 0.00

NEWH vs HNOI, NGTF, CETY: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, NewHydrogen'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.


NewHydrogen Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NewHydrogen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NewHydrogen 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.

NewHydrogen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NewHydrogen'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)
=-0.004/330.2130*330.2130
=-0.004

Current CPI (Mar. 2026) = 330.2130.

NewHydrogen Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.395 241.018 -0.541
201609 -0.378 241.428 -0.517
201612 -0.225 241.432 -0.308
201703 -0.207 243.801 -0.280
201706 -0.212 244.955 -0.286
201709 -0.211 246.819 -0.282
201712 -0.185 246.524 -0.248
201803 -0.159 249.554 -0.210
201806 -0.658 251.989 -0.862
201809 -0.489 252.439 -0.640
201812 -0.280 251.233 -0.368
201903 -0.181 254.202 -0.235
201906 -0.156 256.143 -0.201
201909 -0.127 256.759 -0.163
201912 -0.091 256.974 -0.117
202003 -0.115 258.115 -0.147
202006 -0.045 257.797 -0.058
202009 -0.077 260.280 -0.098
202012 -0.333 260.474 -0.422
202103 0.006 264.877 0.007
202106 0.011 271.696 0.013
202109 0.011 274.310 0.013
202112 0.004 278.802 0.005
202203 0.004 287.504 0.005
202206 0.003 296.311 0.003
202209 0.003 296.808 0.003
202212 0.002 296.797 0.002
202303 0.002 301.836 0.002
202306 0.001 305.109 0.001
202309 0.001 307.789 0.001
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 -0.001 314.175 -0.001
202409 -0.001 315.301 -0.001
202412 -0.002 315.605 -0.002
202503 -0.003 319.799 -0.003
202506 -0.003 322.561 -0.003
202509 -0.003 324.800 -0.003
202512 -0.003 324.054 -0.003
202603 -0.004 330.213 -0.004

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.


NewHydrogen Business Description

Address 27936 Lost Canyon Road, Suite 202, Santa Clarita, CA, USA, 91387
NewHydrogen Inc is a developer of clean energy technologies. The company's current focus is on developing a green hydrogen production technology that uses water and heat rather than electricity to produce green hydrogen. It operates as one segment, which is engaged in developing a technology that uses water and heat rather than electricity to produce the lowest cost green hydrogen.