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CSMall Group (HKSE:01815) Cyclically Adjusted PB Ratio : 0.32 (As of May. 27, 2024)


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What is CSMall Group Cyclically Adjusted PB Ratio?

As of today (2024-05-27), CSMall Group's current share price is HK$0.275. CSMall Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.87. CSMall Group's Cyclically Adjusted PB Ratio for today is 0.32.

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

HKSE:01815' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.31   Max: 0.38
Current: 0.31

During the past 10 years, CSMall Group's highest Cyclically Adjusted PB Ratio was 0.38. The lowest was 0.25. And the median was 0.31.

HKSE:01815's Cyclically Adjusted PB Ratio is ranked better than
87.5% of 736 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs HKSE:01815: 0.31

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.

CSMall Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$1.181. 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$0.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSMall Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CSMall 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.

CSMall Group Cyclically Adjusted PB Ratio Chart

CSMall 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 - - - - 0.30

CSMall Group Semi-Annual Data
Dec14 Dec15 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 - - - - 0.30

Competitive Comparison of CSMall Group's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, CSMall 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.


CSMall Group's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSMall Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CSMall 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.275/0.87
=0.32

* 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.

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

For example, CSMall 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)
=1.181/114.7809*114.7809
=1.181

Current CPI (Dec23) = 114.7809.

CSMall Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.020 99.000 0.023
201512 0.090 100.600 0.103
201612 0.184 102.600 0.206
201712 0.389 104.500 0.427
201812 1.315 106.500 1.417
201912 1.288 111.200 1.329
202012 1.338 111.500 1.377
202112 1.382 113.108 1.402
202212 1.237 115.116 1.233
202312 1.181 114.781 1.181

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.


CSMall Group  (HKSE:01815) 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.


CSMall Group Cyclically Adjusted PB Ratio Related Terms

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


CSMall Group (HKSE:01815) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Beili North Road, 29th Floor Shuibei International, Guangdong Province, Luohu District, Shenzhen, CHN, 518000
CSMall Group Ltd is an investment holding company that operates in the online Jewellery market. The company, along with its subsidiaries, is engaged in the business of design and sale of gold, silver, and other jewelry products. It derives revenue from different sources including Online Sales Channels and Offline Sales and Service networks. The key revenue is derived from Online Sales Channels which comprises a Self-operated online platform and Third-party online sales channels. It has two segments New Jewellery Retail segment and the Fresh Food Retail segment. Its geographical segments are PRC and Hong Kong, of which nearly all of its is generated from the PRC.
Executives
Xue Meiqi 2101 Beneficial owner
Lin Ting 2101 Beneficial owner
China Silver Group Limited 2101 Beneficial owner
Yao Runxiong 2101 Beneficial owner

CSMall Group (HKSE:01815) Headlines

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