New Nordic Healthbrands AB (OSTO:NNH) Cyclically Adjusted PB Ratio: 1.04 (As of Aug. 21, 2026) — 76% Below Median

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OSTO:NNH New Nordic Healthbrands AB OSTO:NNH
64 GF Score
Price kr18.25
GF Value kr19.98
Valuation Fairly Valued
! 3 Warning Signs
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What is New Nordic Healthbrands AB Cyclically Adjusted PB Ratio?

New Nordic Healthbrands AB OSTO:NNH 64 Cyclically Adjusted PB Ratio is 1.04 as of Aug. 21, 2026, which is 76% below its 10-year median of 4.32. GuruFocus rates OSTO:NNH with a GF Score™ of 64/100 and a GF Value™ of kr19.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,352 Consumer Packaged Goods companies, New Nordic Healthbrands AB ranks better than 56.07% on this metric.

As of today (2026-08-21), New Nordic Healthbrands AB's current share price is kr18.25. New Nordic Healthbrands AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr17.49. New Nordic Healthbrands AB's Cyclically Adjusted PB Ratio for today is 1.04.

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

OSTO:NNH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 4.32   Max: 18.14
Current: 1.06

During the past years, New Nordic Healthbrands AB's highest Cyclically Adjusted PB Ratio was 18.14. The lowest was 0.69. And the median was 4.32.

OSTO:NNH's Cyclically Adjusted PB Ratio is ranked better than
56.07% of 1352 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs OSTO:NNH: 1.06

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 Nordic Healthbrands AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr17.539. 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 kr17.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Nordic Healthbrands AB  (OSTO:NNH) 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 Nordic Healthbrands AB Cyclically Adjusted PB Ratio Related Terms


New Nordic Healthbrands AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Nordic Healthbrands 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 Nordic Healthbrands AB Cyclically Adjusted PB Ratio Chart

New Nordic Healthbrands 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 9.28 2.33 1.14 0.94 1.37

New Nordic Healthbrands AB 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 1.18 1.44 1.37 1.00 0.69

OSTO:NNH vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, New Nordic Healthbrands 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 Nordic Healthbrands AB Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Nordic Healthbrands AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New Nordic Healthbrands AB's Cyclically Adjusted PB Ratio falls into.


OSTO:NNH
64GF Score
New Nordic Healthbrands AB OSTO:NNH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New Nordic Healthbrands 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 Nordic Healthbrands AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.25/17.49
=1.04

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

For example, New Nordic Healthbrands AB'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)
=17.539/134.6100*134.6100
=17.539

Current CPI (Jun. 2026) = 134.6100.

New Nordic Healthbrands AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.878 101.138 9.154
201612 6.938 102.022 9.154
201703 7.409 102.022 9.776
201706 7.584 102.752 9.935
201709 8.723 103.279 11.369
201712 9.816 103.793 12.730
201803 10.887 103.962 14.097
201806 10.217 104.875 13.114
201809 11.903 105.679 15.162
201812 12.948 105.912 16.456
201903 14.376 105.886 18.276
201906 13.644 106.742 17.206
201909 15.659 107.214 19.660
201912 16.451 107.766 20.549
202003 17.407 106.563 21.989
202006 15.678 107.498 19.632
202009 16.749 107.635 20.947
202012 16.918 108.296 21.029
202103 19.158 108.360 23.799
202106 18.940 108.928 23.406
202109 19.985 110.338 24.381
202112 19.421 112.486 23.241
202203 19.691 114.825 23.084
202206 17.491 118.384 19.888
202209 18.737 122.296 20.624
202212 18.171 126.365 19.357
202303 18.316 127.042 19.407
202306 18.396 129.407 19.136
202309 18.440 130.224 19.061
202312 17.115 131.912 17.465
202403 16.862 132.205 17.169
202406 16.150 132.716 16.380
202409 15.754 132.304 16.029
202412 16.290 132.987 16.489
202503 16.101 132.825 16.317
202506 16.484 133.699 16.596
202509 16.540 133.480 16.680
202512 16.701 133.390 16.854
202603 16.459 133.560 16.588
202606 17.539 134.610 17.539

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 1.04 mean?
New Nordic Healthbrands AB (OSTO:NNH) has a Cyclically Adjusted PB Ratio of 1.04 as of Aug. 21, 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 Nordic Healthbrands AB and its competitors. This is 76% below median its historical median of 4.32. Over the past decade, New Nordic Healthbrands AB's Cyclically Adjusted PB Ratio has ranged from 0.69 to 18.14. According to the industry distribution chart, New Nordic Healthbrands AB ranks #594 out of 1352 companies in the Consumer Packaged Goods industry, placing it in the top 43.9%.
Is New Nordic Healthbrands AB's Cyclically Adjusted PB Ratio too high?
New Nordic Healthbrands AB's current Cyclically Adjusted PB Ratio of 1.04 is 76% below median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 18.14. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. New Nordic Healthbrands AB's value of 1.04 is 17.5% below this industry median. Based on the distribution chart, New Nordic Healthbrands AB ranks #594 out of 1352 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, New Nordic Healthbrands AB has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Nordic Healthbrands AB's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, New Nordic Healthbrands AB ranks #594 out of 1352 companies for Cyclically Adjusted PB Ratio. This puts New Nordic Healthbrands AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. New Nordic Healthbrands AB's value of 1.04 is 17.5% below this benchmark. Historically, New Nordic Healthbrands AB's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 18.14 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 1.26, New Nordic Healthbrands AB 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,352 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 Nordic Healthbrands AB's current Cyclically Adjusted PB Ratio of 1.04 is 17.5% 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 New Nordic Healthbrands AB and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Nordic Healthbrands AB's current Cyclically Adjusted PB Ratio is 1.04, which is 76% below median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Nordic Healthbrands AB stock overvalued right now?
Based on GuruFocus' analysis, New Nordic Healthbrands AB (OSTO:NNH) is currently considered Fairly Valued. The stock's GF Value™ is kr19.98, compared to a current price of kr18.25 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is 76% below median its 10-year median of 4.32 and 17.5% below the Consumer Packaged Goods industry median of 1.26. New Nordic Healthbrands AB's overall GF Score™ is 64/100 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 New Nordic Healthbrands AB (OSTO:NNH), the current Cyclically Adjusted PB Ratio is 1.04 as of Aug. 21, 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 Nordic Healthbrands AB (OSTO:NNH) Overvalued in 2026?

Based on GuruFocus' analysis, New Nordic Healthbrands AB stock appears to be undervalued. The current stock price of kr18.25 is trading 8.7% below its estimated GF Value™ of kr19.98. GuruFocus considers New Nordic Healthbrands AB to be Fairly Valued.

Key valuation signals for OSTO:NNH:

  • Cyclically Adjusted PB Ratio: 1.04 (76% below median its 10-year median of 4.32)
  • GF Value™: kr19.98 vs. price of kr18.25 (8.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 17.5% below the Consumer Packaged Goods median (#594 of 1352)

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


New Nordic Healthbrands AB Business Description

Address Sodra Forstadsgatan 3, Malmo, SWE, 211 43
New Nordic Healthbrands AB develops herbal supplements, herbal remedies, and personal care products to satisfy specific health and beauty needs. The products are sold in North America, Europe, and Asia. Some products sold are Active legs, Active Liver, Apple Cider, Chili Burn, Clear brain, Ear tone, Equazen, Frutin gastro gel, Hair Gro, Hair Volume, Kilo trim, and Melissa Dream. Maximum revenue is generated from the Nordic region.
64GF Score

Get the complete analysis for OSTO:NNH

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

kr18.25
Price
kr19.98
GF Value