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Nordic Waterproofing Holding AB (OSTO:NWG) Cyclically Adjusted PB Ratio : 2.60 (As of Jun. 01, 2024)


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What is Nordic Waterproofing Holding AB Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Nordic Waterproofing Holding AB's current share price is kr162.80. Nordic Waterproofing Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr62.69. Nordic Waterproofing Holding AB's Cyclically Adjusted PB Ratio for today is 2.60.

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

OSTO:NWG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.55   Med: 2.61   Max: 2.7
Current: 2.6

During the past years, Nordic Waterproofing Holding AB's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 2.55. And the median was 2.61.

OSTO:NWG's Cyclically Adjusted PB Ratio is ranked worse than
78.76% of 1243 companies
in the Construction industry
Industry Median: 1.12 vs OSTO:NWG: 2.60

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.

Nordic Waterproofing Holding AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr74.637. 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 kr62.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Waterproofing Holding AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nordic Waterproofing Holding 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.

* Premium members only.

Nordic Waterproofing Holding AB Cyclically Adjusted PB Ratio Chart

Nordic Waterproofing Holding AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Nordic Waterproofing Holding AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 2.62

Competitive Comparison of Nordic Waterproofing Holding AB's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Nordic Waterproofing Holding 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.


Nordic Waterproofing Holding AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nordic Waterproofing Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nordic Waterproofing Holding 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.

Nordic Waterproofing Holding AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=162.80/62.69
=2.60

* 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.

Nordic Waterproofing Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nordic Waterproofing Holding AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=74.637/132.2054*132.2054
=74.637

Current CPI (Mar. 2024) = 132.2054.

Nordic Waterproofing Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201212 46.955 100.403 61.828
201312 51.578 100.541 67.822
201412 59.147 100.225 78.020
201503 0.000 99.950 0.000
201506 0.000 99.995 0.000
201509 0.000 100.228 0.000
201512 31.083 100.276 40.980
201603 31.316 100.751 41.093
201606 34.899 101.019 45.673
201609 38.382 101.138 50.172
201612 40.018 102.022 51.858
201703 39.524 102.022 51.218
201706 37.822 102.752 48.663
201709 40.326 103.279 51.621
201712 41.912 103.793 53.385
201803 43.398 103.962 55.188
201806 42.863 104.875 54.033
201809 45.645 105.679 57.102
201812 45.280 105.912 56.521
201903 45.918 105.886 57.331
201906 44.712 106.742 55.378
201909 48.711 107.214 60.066
201912 50.055 107.766 61.407
202003 51.064 106.563 63.352
202006 53.701 107.498 66.044
202009 58.122 107.635 71.390
202012 58.842 108.296 71.833
202103 60.933 108.360 74.342
202106 54.914 108.928 66.649
202109 58.733 110.338 70.373
202112 60.692 112.486 71.332
202203 62.997 114.825 72.532
202206 64.026 118.384 71.501
202209 69.638 122.296 75.281
202212 72.351 126.365 75.695
202303 71.632 127.042 74.544
202306 71.135 129.407 72.674
202309 73.295 130.224 74.410
202312 73.516 131.912 73.680
202403 74.637 132.205 74.637

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.


Nordic Waterproofing Holding AB  (OSTO:NWG) 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.


Nordic Waterproofing Holding AB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nordic Waterproofing Holding AB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordic Waterproofing Holding AB (OSTO:NWG) Business Description

Traded in Other Exchanges
Address
Ronnowsgatan 12, Helsingborg, SWE, SE-252 25
Nordic Waterproofing Holding AB is a producer and supplier of waterproofing products and services for buildings and infrastructure. The company operates in two segments: Products & Solutions, and Installation Services. It offers roofing products, building products, EPDM products (ethylene, propylene, diene, monomer) and various installation services. The company is well known in the market through brands such as AL-Katot, Hetag Tagmaterialer, Kerabit, KerabitPro, Mataki, Nortett, Phonix Tag Materialer, SealEco, and Trebolit. Geographically, it operates in Sweden, Noway, Denmark, Finland, Europe, and the Rest of the World. The majority of the company's revenue gets derived from the Products & Solutions segment.