NWVCF (EnWave) Cyclically Adjusted PB Ratio: (As of Aug. 28, 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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

NWVCF EnWave Corp NWVCF
44 GF Score
Price $0.20
GF Value $0.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is EnWave Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EnWave  (OTCPK:NWVCF) 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.


EnWave Cyclically Adjusted PB Ratio Related Terms


EnWave Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EnWave'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.

EnWave Cyclically Adjusted PB Ratio Chart

EnWave Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.31 2.24 1.40 1.25 1.99

EnWave Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.99 1.99 2.11 1.43 0.00

NWVCF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, EnWave'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.


EnWave Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NWVCF
44GF Score
EnWave Corp NWVCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EnWave 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.

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

For example, EnWave's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.057/133.5265*133.5265
=0.057

Current CPI (Jun. 2026) = 133.5265.

EnWave Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.091 101.765 0.119
201612 0.084 101.449 0.111
201703 0.079 102.634 0.103
201706 0.077 103.029 0.100
201709 0.074 103.345 0.096
201712 0.132 103.345 0.171
201803 0.126 105.004 0.160
201806 0.127 105.557 0.161
201809 0.129 105.636 0.163
201812 0.135 105.399 0.171
201903 0.140 106.979 0.175
201906 0.207 107.690 0.257
201909 0.211 107.611 0.262
201912 0.205 107.769 0.254
202003 0.190 107.927 0.235
202006 0.187 108.401 0.230
202009 0.192 108.164 0.237
202012 0.189 108.559 0.232
202103 0.177 110.298 0.214
202106 0.186 111.720 0.222
202109 0.165 112.905 0.195
202112 0.161 113.774 0.189
202203 0.149 117.646 0.169
202206 0.137 120.806 0.151
202209 0.120 120.648 0.133
202212 0.105 120.964 0.116
202303 0.087 122.702 0.095
202306 0.077 124.203 0.083
202309 0.077 125.230 0.082
202312 0.070 125.072 0.075
202403 0.060 126.258 0.063
202406 0.058 127.522 0.061
202409 0.063 127.285 0.066
202412 0.055 127.364 0.058
202503 0.060 129.181 0.062
202506 0.056 129.892 0.058
202509 0.073 130.287 0.075
202512 0.067 130.366 0.069
202603 0.061 132.262 0.062
202606 0.057 133.527 0.057

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.

Is EnWave (NWVCF) Overvalued in 2026?

Based on GuruFocus' analysis, EnWave stock appears to be undervalued. The current stock price of $0.20 is trading 13.8% below its estimated GF Value™ of $0.23. GuruFocus considers EnWave to be Modestly Undervalued.

Key valuation signals for NWVCF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.23 vs. price of $0.20 (13.8% below fair value)
  • GF Score™: 44/100 with 5 warning signs

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


EnWave Business Description

Other Exchanges E4U:GermanyENW:Canada
Address 1668 Derwent Way, Unit 1, Delta, BC, CAN, V3M 6R9
EnWave Corp is engaged in licensing its intellectual property through royalty-bearing agreements and designing, building, marketing, and selling vacuum-microwave dehydration machinery for the food, cannabis, and biomaterial dehydration industries. Through its subsidiaries, it offers REV drying technology, to food and cannabis companies who are looking for a reliable, scalable solution to their drying and processing challenges.
44GF Score

Get the complete analysis for NWVCF

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

$0.20
Price
$0.23
GF Value