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C&D International Investment Group (HKSE:01908) Cyclically Adjusted PB Ratio : 1.21 (As of Jun. 01, 2024)


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What is C&D International Investment Group Cyclically Adjusted PB Ratio?

As of today (2024-06-01), C&D International Investment Group's current share price is HK$15.76. C&D International Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$12.99. C&D International Investment Group's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for C&D International Investment Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01908' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.98   Max: 2.54
Current: 1.21

During the past 13 years, C&D International Investment Group's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 0.88. And the median was 1.98.

HKSE:01908's Cyclically Adjusted PB Ratio is ranked worse than
70.91% of 1368 companies
in the Real Estate industry
Industry Median: 0.7 vs HKSE:01908: 1.21

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.

C&D International Investment Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$19.304. 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$12.99 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


C&D International Investment Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for C&D International Investment 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.

C&D International Investment Group Cyclically Adjusted PB Ratio Chart

C&D International Investment 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 - 1.79 1.80 2.05 1.28

C&D International Investment 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 1.80 - 2.05 - 1.28

Competitive Comparison of C&D International Investment Group's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, C&D International Investment 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.


C&D International Investment Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, C&D International Investment Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C&D International Investment Group's Cyclically Adjusted PB Ratio falls into.



C&D International Investment 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.

C&D International Investment Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.76/12.99
=1.21

* 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.

C&D International Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, C&D International Investment 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)
=19.304/117.2957*117.2957
=19.304

Current CPI (Dec23) = 117.2957.

C&D International Investment Group Annual Data

Book Value per Share CPI Adj_Book
201412 2.320 99.707 2.729
201512 2.795 102.015 3.214
201612 9.625 103.225 10.937
201712 7.882 104.984 8.806
201812 9.420 107.622 10.267
201912 8.926 110.700 9.458
202012 18.090 109.711 19.341
202112 23.952 112.349 25.007
202212 20.328 114.548 20.816
202312 19.304 117.296 19.304

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.


C&D International Investment Group  (HKSE:01908) 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.


C&D International Investment Group Cyclically Adjusted PB Ratio Related Terms

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


C&D International Investment Group (HKSE:01908) Business Description

Traded in Other Exchanges
N/A
Address
213 Queen’s Road East, Office No. 3517, 35th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
C&D International Investment Group Ltd is an investment holding company engaged in the real estate sector. The company operates in a single segment of property development and generates the majority of its revenue from China.
Executives
Sha Men Jian Fa Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Sha Men Jian Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Fa Fang Di Chan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Yi Neng Guo Ji You Xian Gong Si 2101 Beneficial owner
Yi Hong Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Boci Trustee (hong Kong) Limited 2301 Trustee
Li Richard 2201 Interest of corporation controlled by you
Olp Capital Management Limited 2102 Investment manager
Rcwl Inc. 2201 Interest of corporation controlled by you
Shen Di Fan 2201 Interest of corporation controlled by you
Oceanlink Partners Fund, Lp 2101 Beneficial owner
Cederberg Capital (cayman) 2201 Interest of corporation controlled by you
Cederberg Capital (cayman) Gp 2201 Interest of corporation controlled by you
Krige Dawid 2201 Interest of corporation controlled by you

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