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New Asia Holdings (New Asia Holdings) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is New Asia Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Asia Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for New Asia 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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New Asia Holdings Cyclically Adjusted PB Ratio Chart

New Asia Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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New Asia Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of New Asia Holdings's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, New Asia 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.


New Asia Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, New Asia Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



New Asia 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.

New Asia Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, New Asia Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.018/129.4194*129.4194
=-0.018

Current CPI (Dec. 2023) = 129.4194.

New Asia Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.181 99.695 -0.235
201406 -0.172 100.560 -0.221
201409 -0.176 100.428 -0.227
201412 -0.192 99.070 -0.251
201503 0.000 99.621 0.000
201506 -0.002 100.684 -0.003
201509 0.036 100.392 0.046
201512 -0.085 99.792 -0.110
201603 -0.048 100.470 -0.062
201606 -0.086 101.688 -0.109
201609 -0.089 101.861 -0.113
201612 -0.107 101.863 -0.136
201703 -0.098 102.862 -0.123
201706 -0.069 103.349 -0.086
201709 -0.095 104.136 -0.118
201712 -0.008 104.011 -0.010
201803 -0.008 105.290 -0.010
201806 -0.009 106.317 -0.011
201809 -0.010 106.507 -0.012
201812 -0.010 105.998 -0.012
201903 -0.011 107.251 -0.013
201906 -0.011 108.070 -0.013
201909 -0.012 108.329 -0.014
201912 -0.012 108.420 -0.014
202003 -0.013 108.902 -0.015
202006 -0.014 108.767 -0.017
202009 -0.014 109.815 -0.016
202012 -0.011 109.897 -0.013
202103 -0.012 111.754 -0.014
202106 -0.013 114.631 -0.015
202109 -0.013 115.734 -0.015
202112 -0.014 117.630 -0.015
202203 -0.014 121.301 -0.015
202206 -0.015 125.017 -0.016
202209 -0.015 125.227 -0.016
202212 -0.016 125.222 -0.017
202303 -0.016 127.348 -0.016
202306 -0.017 128.729 -0.017
202309 -0.017 129.860 -0.017
202312 -0.018 129.419 -0.018

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.


New Asia Holdings  (OTCPK:NAHD) 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.


New Asia Holdings Cyclically Adjusted PB Ratio Related Terms

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New Asia Holdings (New Asia Holdings) Business Description

Traded in Other Exchanges
N/A
Address
80 Tras Street, Suite 01-03, Singapore, SGP, 079019
New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.
Executives
Lin Kok Peng Jeffrey director, 10 percent owner 8 UBI ROAD, #02-07, ZERVEX U0 408538
Ng Anthony Zi Qin 10 percent owner 102 GERALD DRIVE, #04-75, SELETAR SPRINGS, SINGAPORE U0 798593
Scott C. Kline director 15615 ALTON PKWY #450, IRVINE CA 92618
Lim Allister Wee Sing director 111 NORTH BRIDGE ROAD,, #11-04 PENINSULA PLAZA, SINGAPORE U0 179098

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