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Kinetic Development Group (HKSE:01277) Cyclically Adjusted PB Ratio : 2.51 (As of Jun. 14, 2024)


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What is Kinetic Development Group Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Kinetic Development Group's current share price is HK$1.03. Kinetic Development Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.41. Kinetic Development Group's Cyclically Adjusted PB Ratio for today is 2.51.

The historical rank and industry rank for Kinetic Development Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01277' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.32   Max: 4.32
Current: 2.26

During the past 13 years, Kinetic Development Group's highest Cyclically Adjusted PB Ratio was 4.32. The lowest was 1.32. And the median was 2.32.

HKSE:01277's Cyclically Adjusted PB Ratio is ranked worse than
70.71% of 140 companies
in the Other Energy Sources industry
Industry Median: 1.55 vs HKSE:01277: 2.26

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.

Kinetic Development Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.956. 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 HK$0.41 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinetic Development Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kinetic Development Group'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.

Kinetic Development Group Cyclically Adjusted PB Ratio Chart

Kinetic Development Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 2.34 2.05 1.84 1.35

Kinetic Development Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.05 - 1.84 - 1.35

Competitive Comparison of Kinetic Development Group's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, Kinetic Development Group'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.


Kinetic Development Group's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kinetic Development Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kinetic Development Group's Cyclically Adjusted PB Ratio falls into.



Kinetic Development Group 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.

Kinetic Development Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.03/0.41
=2.51

* 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.

Kinetic Development Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kinetic Development Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.956/114.7809*114.7809
=0.956

Current CPI (Dec23) = 114.7809.

Kinetic Development Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.126 99.000 0.146
201512 0.121 100.600 0.138
201612 0.131 102.600 0.147
201712 0.184 104.500 0.202
201812 0.239 106.500 0.258
201912 0.298 111.200 0.308
202012 0.388 111.500 0.399
202112 0.665 113.108 0.675
202212 0.838 115.116 0.836
202312 0.956 114.781 0.956

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.


Kinetic Development Group  (HKSE:01277) 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.


Kinetic Development Group Cyclically Adjusted PB Ratio Related Terms

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


Kinetic Development Group (HKSE:01277) Business Description

Traded in Other Exchanges
N/A
Address
Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN
Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).
Executives
The Zhang Family Overseas Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Zhang Liang, Johnson 2307 Founder of a discretionary trust who can infl
King Lok Holdings Limited 2101 Beneficial owner
Zhang Li 2101 Beneficial owner
China Huarong International Holdings Ltd 2201 Interest of corporation controlled by you
Right Select International Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Yong Cai Chuang Tou You Xian Gong Si 2106 Person having a security interest in shares

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