New Wave Group AB (FRA:NWG0) Cyclically Adjusted PS Ratio: 1.45 (As of Aug. 20, 2026) — Near Median

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FRA:NWG0 New Wave Group AB FRA:NWG0
89 GF Score
Price €8.33
GF Value €10.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is New Wave Group AB Cyclically Adjusted PS Ratio?

New Wave Group AB FRA:NWG0 +1.52% 89 Cyclically Adjusted PS Ratio is 1.45 as of Aug. 20, 2026, which is 3% above its 10-year median of 1.41. GuruFocus rates FRA:NWG0 with a GF Score™ of 89/100 and a GF Value™ of €10.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 804 Retail - Cyclical companies, New Wave Group AB ranks worse than 76.74% on this metric.

As of today (2026-08-20), New Wave Group AB's current share price is €8.33. New Wave Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.76. New Wave Group AB's Cyclically Adjusted PS Ratio for today is 1.45.

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

FRA:NWG0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.41   Max: 2.39
Current: 1.42

During the past years, New Wave Group AB's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 0.29. And the median was 1.41.

FRA:NWG0's Cyclically Adjusted PS Ratio is ranked worse than
76.74% of 804 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs FRA:NWG0: 1.42

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.

New Wave Group AB's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.629. 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 €5.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Wave Group AB  (FRA:NWG0) 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.


New Wave Group AB Cyclically Adjusted PS Ratio Related Terms


New Wave Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for New Wave Group 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.

New Wave Group AB Cyclically Adjusted PS Ratio Chart

New Wave Group 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 1.89 1.96 1.75 1.57 1.78

New Wave Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.60 1.97 1.73 1.78 1.48

FRA:NWG0 vs CASY, WSM, ULTA: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, New Wave Group 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.


New Wave Group AB Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where New Wave Group AB's Cyclically Adjusted PS Ratio falls into.


FRA:NWG0
89GF Score
New Wave Group AB FRA:NWG0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Wave Group 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.

New Wave Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.33/5.76
=1.45

* 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 Wave Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, New Wave Group AB's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.629/133.5600*133.5600
=1.629

Current CPI (Mar. 2026) = 133.5600.

New Wave Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.016 101.019 1.343
201609 1.024 101.138 1.352
201612 1.202 102.022 1.574
201703 0.999 102.022 1.308
201706 1.060 102.752 1.378
201709 1.051 103.279 1.359
201712 1.237 103.793 1.592
201803 0.944 103.962 1.213
201806 1.117 104.875 1.423
201809 1.121 105.679 1.417
201812 1.426 105.912 1.798
201903 1.080 105.886 1.362
201906 1.197 106.742 1.498
201909 1.188 107.214 1.480
201912 1.456 107.766 1.804
202003 0.998 106.563 1.251
202006 0.945 107.498 1.174
202009 1.062 107.635 1.318
202012 1.388 108.296 1.712
202103 0.935 108.360 1.152
202106 1.108 108.928 1.359
202109 1.233 110.338 1.492
202112 1.693 112.486 2.010
202203 1.270 114.825 1.477
202206 1.435 118.384 1.619
202209 1.559 122.296 1.703
202212 1.931 126.365 2.041
202303 1.435 127.042 1.509
202306 1.489 129.407 1.537
202309 1.489 130.224 1.527
202312 1.843 131.912 1.866
202403 1.329 132.205 1.343
202406 1.601 132.716 1.611
202409 1.532 132.304 1.547
202412 1.852 132.987 1.860
202503 1.503 132.825 1.511
202506 1.574 133.699 1.572
202509 1.637 133.480 1.638
202512 2.178 133.390 2.181
202603 1.629 133.560 1.629

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 1.45 mean?
New Wave Group AB (FRA:NWG0) has a Cyclically Adjusted PS Ratio of 1.45 as of Aug. 20, 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 New Wave Group AB and its competitors. This is near median its historical median of 1.41. Over the past decade, New Wave Group AB's Cyclically Adjusted PS Ratio has ranged from 0.29 to 2.39. According to the industry distribution chart, New Wave Group AB ranks #617 out of 804 companies in the Retail - Cyclical industry, placing it in the top 76.7%.
Is New Wave Group AB's Cyclically Adjusted PS Ratio too high?
New Wave Group AB's current Cyclically Adjusted PS Ratio of 1.45 is near median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.39. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. New Wave Group AB's value of 1.45 is 184.3% above this industry median. Based on the distribution chart, New Wave Group AB ranks #617 out of 804 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, New Wave Group AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Wave Group AB's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, New Wave Group AB ranks #617 out of 804 companies for Cyclically Adjusted PS Ratio. This places New Wave Group AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. New Wave Group AB's value of 1.45 is 184.3% above this benchmark. Historically, New Wave Group AB's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 2.39 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.51, New Wave Group AB has consistently been above 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 a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 804 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. New Wave Group AB's current Cyclically Adjusted PS Ratio of 1.45 is 184.3% above 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 New Wave Group AB and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Wave Group AB's current Cyclically Adjusted PS Ratio is 1.45, which is near median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Wave Group AB stock overvalued right now?
Based on GuruFocus' analysis, New Wave Group AB (FRA:NWG0) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.47, compared to a current price of €8.33 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.45, which is near median its 10-year median of 1.41 and 184.3% above the Retail - Cyclical industry median of 0.51. New Wave Group AB's overall GF Score™ is 89/100 with 4 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 New Wave Group AB (FRA:NWG0), the current Cyclically Adjusted PS Ratio is 1.45 as of Aug. 20, 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 Wave Group AB (FRA:NWG0) Overvalued in 2026?

Based on GuruFocus' analysis, New Wave Group AB stock appears to be undervalued. The current stock price of €8.33 is trading 20.4% below its estimated GF Value™ of €10.47. GuruFocus considers New Wave Group AB to be Modestly Undervalued.

Key valuation signals for FRA:NWG0:

  • Cyclically Adjusted PS Ratio: 1.45 (near median its 10-year median of 1.41)
  • GF Value™: €10.47 vs. price of €8.33 (20.4% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 184.3% above the Retail - Cyclical median (#617 of 804)

No single metric tells the full story. See the FRA:NWG0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Wave Group AB Business Description

Address Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires, and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing, and distribution of its product range. To ensure good diversification, the Group markets its products in the corporate promo market and the retail market. The group divides its operations into three operating segments: Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from the Corporate segment. The firm generates the majority of its revenue from Promo sales channel.
89GF Score

Get the complete analysis for FRA:NWG0

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

€8.33
Price
€10.47
GF Value