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Win Hanverky Holdings (HKSE:03322) Cyclically Adjusted PB Ratio : 0.08 (As of May. 28, 2024)


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What is Win Hanverky Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Win Hanverky Holdings's current share price is HK$0.146. Win Hanverky Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.74. Win Hanverky Holdings's Cyclically Adjusted PB Ratio for today is 0.08.

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

HKSE:03322' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.29   Max: 1.23
Current: 0.08

During the past 13 years, Win Hanverky Holdings's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.07. And the median was 0.29.

HKSE:03322's Cyclically Adjusted PB Ratio is ranked better than
97.85% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.055 vs HKSE:03322: 0.08

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.

Win Hanverky Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$1.138. 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$1.74 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Win Hanverky Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Win Hanverky 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.

Win Hanverky Holdings Cyclically Adjusted PB Ratio Chart

Win Hanverky 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 0.27 0.19 0.18 0.13 0.07

Win Hanverky 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 0.18 - 0.13 - 0.07

Competitive Comparison of Win Hanverky Holdings's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Win Hanverky 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.


Win Hanverky Holdings's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Win Hanverky 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.

Win Hanverky Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.146/1.74
=0.08

* 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.

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

For example, Win Hanverky 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)
=1.138/117.2957*117.2957
=1.138

Current CPI (Dec23) = 117.2957.

Win Hanverky Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 1.689 99.707 1.987
201512 1.773 102.015 2.039
201612 1.736 103.225 1.973
201712 1.733 104.984 1.936
201812 1.686 107.622 1.838
201912 1.679 110.700 1.779
202012 1.536 109.711 1.642
202112 1.525 112.349 1.592
202212 1.453 114.548 1.488
202312 1.138 117.296 1.138

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.


Win Hanverky Holdings  (HKSE:03322) 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.


Win Hanverky Holdings Cyclically Adjusted PB Ratio Related Terms

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


Win Hanverky Holdings (HKSE:03322) Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is principally engaged in the manufacturing, retailing, and sales of internationally renowned sports, fashion, and outdoor brands. The company operates in the segments of Manufacturing and High-end Fashion Retailing. A majority of revenue is derived from the Manufacturing segment which involved the manufacturing and sales of sportswear and high-end functional outerwear of which both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
Executives
Jpmorgan Chase & Co. 2106 Person having a security interest in shares

Win Hanverky Holdings (HKSE:03322) Headlines

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