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South Shore Holdings (South Shore Holdings) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is South Shore Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


South Shore Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for South Shore 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.

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South Shore Holdings Cyclically Adjusted PB Ratio Chart

South Shore Holdings Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PB Ratio
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South Shore Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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Competitive Comparison of South Shore Holdings's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, South Shore 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.


South Shore Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



South Shore 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.

South Shore Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar20 is calculated as:

For example, South Shore Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar20 was:

Adj_Book=Book Value per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=-0.231/110.9198*110.9198
=-0.231

Current CPI (Mar20) = 110.9198.

South Shore Holdings Annual Data

Book Value per Share CPI Adj_Book
201103 1.280 84.756 1.675
201203 1.357 88.934 1.692
201303 4.364 92.122 5.255
201403 11.415 95.749 13.224
201503 8.238 99.927 9.144
201603 7.989 102.785 8.621
201703 7.943 103.335 8.526
201803 0.648 105.973 0.678
201903 -0.101 108.172 -0.104
202003 -0.231 110.920 -0.231

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.


South Shore Holdings  (OTCPK:LOUIF) 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.


South Shore Holdings Cyclically Adjusted PB Ratio Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Traded in Other Exchanges
N/A
Address
250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG
South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

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