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Visual International Holdings (JSE:VIS) Cyclically Adjusted PB Ratio : 0.17 (As of May. 29, 2024)


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What is Visual International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Visual International Holdings's current share price is R0.03. Visual International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb23 was R0.18. Visual International Holdings's Cyclically Adjusted PB Ratio for today is 0.17.

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

JSE:VIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.17
Current: 0.11

During the past 10 years, Visual International Holdings's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.06. And the median was 0.11.

JSE:VIS's Cyclically Adjusted PB Ratio is ranked better than
89.46% of 1347 companies
in the Real Estate industry
Industry Median: 0.69 vs JSE:VIS: 0.11

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.

Visual International Holdings's adjusted book value per share data of for the fiscal year that ended in Feb23 was R-0.049. 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 R0.18 for the trailing ten years ended in Feb23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visual International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Visual International 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.

Visual International Holdings Cyclically Adjusted PB Ratio Chart

Visual International Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.11

Visual International Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - - - 0.11 -

Competitive Comparison of Visual International Holdings's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Visual International 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.


Visual International Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Visual International 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.

Visual International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.18
=0.17

* 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.

Visual International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb23 is calculated as:

For example, Visual International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Feb23 was:

Adj_Book=Book Value per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=-0.049/146.1010*146.1010
=-0.049

Current CPI (Feb23) = 146.1010.

Visual International Holdings Annual Data

Book Value per Share CPI Adj_Book
201402 0.326 93.524 0.509
201502 0.342 97.339 0.513
201602 0.288 104.097 0.404
201702 0.241 110.855 0.318
201802 0.078 115.106 0.099
201902 0.072 119.793 0.088
202002 -0.025 125.243 -0.029
202102 -0.037 128.817 -0.042
202202 -0.031 136.109 -0.033
202302 -0.049 146.101 -0.049

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.


Visual International Holdings  (JSE:VIS) 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.


Visual International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Visual International Holdings (JSE:VIS) Business Description

Traded in Other Exchanges
N/A
Address
23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550
Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.