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Kaisa Group Holdings (HKSE:01638) Cyclically Adjusted PB Ratio : 0.05 (As of May. 13, 2024)


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What is Kaisa Group Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-13), Kaisa Group Holdings's current share price is HK$0.15. Kaisa Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$3.28. Kaisa Group Holdings's Cyclically Adjusted PB Ratio for today is 0.05.

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

HKSE:01638' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.73   Max: 1.69
Current: 0.04

During the past 13 years, Kaisa Group Holdings's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.02. And the median was 0.73.

HKSE:01638's Cyclically Adjusted PB Ratio is ranked better than
97.18% of 1311 companies
in the Real Estate industry
Industry Median: 0.69 vs HKSE:01638: 0.04

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.

Kaisa Group Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$-1.879. 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$3.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaisa Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kaisa Group Holdings'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.

Kaisa Group Holdings Cyclically Adjusted PB Ratio Chart

Kaisa Group Holdings 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 0.95 0.90 0.19 0.21 0.05

Kaisa Group Holdings 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 0.19 - 0.21 - 0.05

Competitive Comparison of Kaisa Group Holdings's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Kaisa Group Holdings'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.


Kaisa Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kaisa Group Holdings 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.

Kaisa Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.15/3.28
=0.05

* 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.

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

For example, Kaisa Group Holdings'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)
=-1.879/114.6694*114.6694
=-1.879

Current CPI (Dec23) = 114.6694.

Kaisa Group Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 3.474 99.000 4.024
201512 3.079 100.600 3.510
201612 2.745 102.600 3.068
201712 3.622 104.500 3.974
201812 3.932 106.500 4.234
201912 4.565 111.200 4.707
202012 6.069 111.500 6.242
202112 3.671 113.108 3.722
202212 1.252 115.116 1.247
202312 -1.879 114.669 -1.879

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.


Kaisa Group Holdings  (HKSE:01638) 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.


Kaisa Group Holdings Cyclically Adjusted PB Ratio Related Terms

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


Kaisa Group Holdings (HKSE:01638) Business Description

Traded in Other Exchanges
Address
Ren Min South Road, Room 3306, Kerry Center, Luohu District, Shenzhen, Guangdong, CHN
Kaisa Group Holdings Ltd is an integrated property developer focusing on urban property development. Its portfolios include residential properties, villas, offices, serviced apartments, combined commercial buildings, and mega-urban complexes. It operates its business in eight segments: Property development; Property investment; Property management; Hotel and catering operations; Cinema, department store, and cultural center operations; Water-way passenger and cargo transportation; Health care operations, and others. The majority of the revenue was earned from the Property development segment.

Kaisa Group Holdings (HKSE:01638) Headlines

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