Nederman Holding AB (CHIX:NMANS) Cyclically Adjusted PS Ratio: 0.88 (As of Aug. 10, 2026) — 34% Below Median

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.

CHIX:NMANS Nederman Holding AB CHIX:NMANS
78 GF Score
Price kr143.60
GF Value kr172.89
! 2 Warning Signs
View Full Analysis

What is Nederman Holding AB Cyclically Adjusted PS Ratio?

Nederman Holding AB CHIX:NMANS 78 Cyclically Adjusted PS Ratio is 0.88 as of Aug. 10, 2026, which is 34% below its 10-year median of 1.34. GuruFocus rates CHIX:NMANS with a GF Score™ of 78/100 and a GF Value™ of kr172.89. The stock has 2 warning signs investors should review. Among 2,295 Industrial Products companies, Nederman Holding AB ranks better than 68.37% on this metric.

As of today (2026-08-10), Nederman Holding AB's current share price is kr143.60. Nederman Holding AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr163.44. Nederman Holding AB's Cyclically Adjusted PS Ratio for today is 0.88.

The historical rank and industry rank for Nederman Holding AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:NMANs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.34   Max: 2.31
Current: 0.91

During the past years, Nederman Holding AB's highest Cyclically Adjusted PS Ratio was 2.31. The lowest was 0.79. And the median was 1.34.

CHIX:NMANs's Cyclically Adjusted PS Ratio is ranked better than
68.37% of 2295 companies
in the Industrial Products industry
Industry Median: 1.82 vs CHIX:NMANs: 0.91

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nederman Holding AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr38.906. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr163.44 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nederman Holding AB  (CHIX:NMANs) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Nederman Holding AB Cyclically Adjusted PS Ratio Related Terms


Nederman Holding AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nederman Holding AB's Cyclically Adjusted PS 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.

Nederman Holding AB Cyclically Adjusted PS Ratio Chart

Nederman Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 1.43 1.34 1.53 1.16

Nederman Holding 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 PS 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 1.22 1.11 1.16 0.94 0.88

CHIX:NMANS vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nederman Holding AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Nederman Holding AB Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nederman Holding AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nederman Holding AB's Cyclically Adjusted PS Ratio falls into.


CHIX:NMANS
78GF Score
Nederman Holding AB CHIX:NMANS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nederman Holding AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Nederman Holding AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=143.60/163.44
=0.88

* 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.

Nederman Holding AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nederman Holding AB's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=38.906/134.6100*134.6100
=38.906

Current CPI (Jun. 2026) = 134.6100.

Nederman Holding AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 22.542 101.138 30.003
201612 23.374 102.022 30.840
201703 21.697 102.022 28.628
201706 21.606 102.752 28.305
201709 21.860 103.279 28.492
201712 24.509 103.793 31.786
201803 22.482 103.962 29.110
201806 24.570 104.875 31.536
201809 23.719 105.679 30.212
201812 30.517 105.912 38.786
201903 29.611 105.886 37.644
201906 31.233 106.742 39.387
201909 30.926 107.214 38.828
201912 30.961 107.766 38.673
202003 28.096 106.563 35.491
202006 26.781 107.498 33.535
202009 23.594 107.635 29.507
202012 26.578 108.296 33.036
202103 24.735 108.360 30.727
202106 27.875 108.928 34.447
202109 29.816 110.338 36.375
202112 32.813 112.486 39.267
202203 31.196 114.825 36.571
202206 33.413 118.384 37.993
202209 39.848 122.296 43.860
202212 43.105 126.365 45.917
202303 42.288 127.042 44.807
202306 46.458 129.407 48.326
202309 44.799 130.224 46.308
202312 42.705 131.912 43.579
202403 39.801 132.205 40.525
202406 41.818 132.716 42.415
202409 40.219 132.304 40.920
202412 46.151 132.987 46.714
202503 39.997 132.825 40.535
202506 40.674 133.699 40.951
202509 40.903 133.480 41.249
202512 42.894 133.390 43.286
202603 35.562 133.560 35.842
202606 38.906 134.610 38.906

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.88 mean?
Nederman Holding AB (CHIX:NMANS) has a Cyclically Adjusted PS Ratio of 0.88 as of Aug. 10, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nederman Holding AB and its competitors. This is 34% below median its historical median of 1.34. Over the past decade, Nederman Holding AB's Cyclically Adjusted PS Ratio has ranged from 0.79 to 2.31. According to the industry distribution chart, Nederman Holding AB ranks #726 out of 2295 companies in the Industrial Products industry, placing it in the top 31.6%.
Is Nederman Holding AB's Cyclically Adjusted PS Ratio too high?
Nederman Holding AB's current Cyclically Adjusted PS Ratio of 0.88 is 34% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.31. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Nederman Holding AB's value of 0.88 is 51.6% below this industry median. Based on the distribution chart, Nederman Holding AB ranks #726 out of 2295 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nederman Holding AB has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Nederman Holding AB's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nederman Holding AB ranks #726 out of 2295 companies for Cyclically Adjusted PS Ratio. This puts Nederman Holding AB in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Nederman Holding AB's value of 0.88 is 51.6% below this benchmark. Historically, Nederman Holding AB's own Cyclically Adjusted PS Ratio has ranged from 0.79 to 2.31 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.82, Nederman Holding 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 PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,295 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nederman Holding AB's current Cyclically Adjusted PS Ratio of 0.88 is 51.6% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nederman Holding AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nederman Holding AB's current Cyclically Adjusted PS Ratio is 0.88, which is 34% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nederman Holding AB stock overvalued right now?
Nederman Holding AB (CHIX:NMANS) has a current Cyclically Adjusted PS Ratio of 0.88. The stock's GF Value™ is kr172.89, compared to a current price of kr143.60 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.88, which is 34% below median its 10-year median of 1.34 and 51.6% below the Industrial Products industry median of 1.82. Nederman Holding AB's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Nederman Holding AB (CHIX:NMANS), the current Cyclically Adjusted PS Ratio is 0.88 as of Aug. 10, 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 Nederman Holding AB (CHIX:NMANS) Overvalued in 2026?

Based on GuruFocus' analysis, Nederman Holding AB stock appears to be undervalued. The current stock price of kr143.60 is trading 16.9% below its estimated GF Value™ of kr172.89.

Key valuation signals for CHIX:NMANS:

  • Cyclically Adjusted PS Ratio: 0.88 (34% below median its 10-year median of 1.34)
  • GF Value™: kr172.89 vs. price of kr143.60 (16.9% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 51.6% below the Industrial Products median (#726 of 2295)

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


Nederman Holding AB Business Description

Other Exchanges NMAN:Sweden5QR:Germany
Address Landskronavagen 9A, Helsingborg, SWE, 252 32
Nederman Holding AB is an industrial equipment manufacturer. The company produces and markets products to improve the industrial workplace environment; owns and manages enterprises as well as real estate and personal property, and engages in compatible operations. Its operating segments are, Extraction and Filtration Technology, Process Technology, Duct and Filter Technology, and Monitoring and Control Technology. Key revenue is derived from the Extraction and Filter Technology segment, which develops and sells various filters and monitoring services, capturing devices, fans, high-vacuum products, and reels for the distribution of various liquids and compressed air. Geographically, it derives key revenue from the United States of America and has customers located around the world.
78GF Score

Get the complete analysis for CHIX:NMANS

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

kr143.60
Price
kr172.89
GF Value