Newcap Holding ASOCSE:NEWCAP +1.64%46 PB Ratio is 3.88 as of Jul. 01, 2026, which is 479% above its 10-year median of 0.67. GuruFocus rates OCSE:NEWCAP with a GF Score™ of 46/100 and a GF Value™ of kr7,347.47 (Significantly Undervalued). Among 1,599 Asset Management companies, Newcap Holding AS ranks worse than 92.06% on this metric.
The historical rank and industry rank for Newcap Holding AS's PB Ratio or its related term are showing as below:
OCSE:NEWCAP'
s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.67 Max: 7.3
Current: 3.88
During the past 13 years, Newcap Holding AS's highest PB Ratio was 7.30. The lowest was 0.31. And the median was 0.67.
OCSE:NEWCAP's PB Ratio is ranked worse than 92.06% of 1599
companies
in the Asset Management industry
Industry Median: 0.96
vs OCSE:NEWCAP: 3.88
During the past 12 months, Newcap Holding AS's average Book Value Per Share Growth Rate was 15.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -43.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -46.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -35.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Newcap Holding AS was 103.30% per year. The lowest was -56.40% per year. And the median was -26.35% per year.
Back to Basics: PB Ratio
Newcap Holding AS (OCSE:NEWCAP) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Newcap Holding AS PB Ratio Related Terms
Newcap Holding AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Newcap Holding AS's 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.
For the Asset Management subindustry, Newcap Holding AS's PB Ratio, along with its competitors' market caps and 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.
Newcap Holding AS PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Newcap Holding AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Newcap Holding AS's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Newcap Holding AS (OCSE:NEWCAP) has a PB Ratio of 3.88 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Newcap Holding AS and its competitors. This is 479% above median its historical median of 0.67. Over the past decade, Newcap Holding AS's PB Ratio has ranged from 0.31 to 7.30. According to the industry distribution chart, Newcap Holding AS ranks #1472 out of 1599 companies in the Asset Management industry, placing it in the top 92.1%.
Is Newcap Holding AS's PB Ratio too high?
Newcap Holding AS's current PB Ratio of 3.88 is 479% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 7.30. The Asset Management industry median PB Ratio is 0.96. Newcap Holding AS's value of 3.88 is 304.2% above this industry median. Based on the distribution chart, Newcap Holding AS ranks #1472 out of 1599 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Newcap Holding AS has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newcap Holding AS's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Newcap Holding AS ranks #1472 out of 1599 companies for PB Ratio. This places Newcap Holding AS in the lower half of its industry. The industry median PB Ratio is 0.96. Newcap Holding AS's value of 3.88 is 304.2% above this benchmark. Historically, Newcap Holding AS's own PB Ratio has ranged from 0.31 to 7.30 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.96, Newcap Holding AS 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,599 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Newcap Holding AS's current PB Ratio of 3.88 is 304.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Newcap Holding AS and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newcap Holding AS's current PB Ratio is 3.88, which is 479% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcap Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Newcap Holding AS (OCSE:NEWCAP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr7,347.47, compared to a current price of kr404.00 — trading 94.5% below its estimated fair value. The current PB Ratio is 3.88, which is 479% above median its 10-year median of 0.67 and 304.2% above the Asset Management industry median of 0.96. Newcap Holding AS's overall GF Score™ is 46/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Newcap Holding AS (OCSE:NEWCAP), the current PB Ratio is 3.88 as of Jul. 01, 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 Newcap Holding AS (OCSE:NEWCAP) Overvalued in 2026?
Based on GuruFocus' analysis, Newcap Holding AS stock appears to be undervalued.
The current stock price of kr404.00 is trading 94.5% below its estimated GF Value™ of kr7,347.47.
GuruFocus considers Newcap Holding AS to be Significantly Undervalued.
Key valuation signals for OCSE:NEWCAP:
PB Ratio: 3.88 (479% above median its 10-year median of 0.67)
GF Value™: kr7,347.47 vs. price of kr404.00 (94.5% below fair value)
Industry Position: 304.2% above the Asset Management median (#1472 of 1599)
No single metric tells the full story. See the OCSE:NEWCAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newcap Holding AS through its subsidiaries is engaged in the financial sector. The company's activities are divided into three business areas, Private Financial Services, Broker Services and Asset Management. It provides asset management, savings and insurance services in Sweden.
46GF Score
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