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Fang Holdings (Fang Holdings) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)


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What is Fang Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fang Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fang 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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Fang Holdings Cyclically Adjusted PB Ratio Chart

Fang Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Fang Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of Fang Holdings's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Fang 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.


Fang Holdings's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fang Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fang 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.

Fang Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Fang Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2020 was:

Adj_Book=Book Value per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=68.619/111.7000*111.7000
=68.619

Current CPI (Sep. 2020) = 111.7000.

Fang Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201006 5.841 85.886 7.597
201012 16.113 89.289 20.157
201103 0.000 91.154 0.000
201106 20.814 91.612 25.378
201112 11.760 92.885 14.142
201203 14.100 94.367 16.690
201206 18.261 93.495 21.817
201209 0.000 94.482 0.000
201212 23.258 95.237 27.279
201303 27.430 96.372 31.793
201306 35.452 95.984 41.257
201309 39.257 97.332 45.052
201312 54.228 97.624 62.047
201403 58.608 98.600 66.395
201406 67.403 98.200 76.669
201409 66.731 98.900 75.368
201412 76.493 99.000 86.306
201503 67.099 99.900 75.025
201506 71.285 99.500 80.025
201509 73.738 100.500 81.956
201512 89.806 100.600 99.715
201603 60.418 102.200 66.034
201606 68.058 101.400 74.971
201609 68.309 102.400 74.513
201612 55.137 102.600 60.027
201703 54.213 103.200 58.678
201706 66.786 103.100 72.357
201709 81.205 104.100 87.134
201712 83.383 104.500 89.128
201803 83.773 105.300 88.865
201806 75.382 104.900 80.269
201809 71.769 106.600 75.203
201812 66.543 106.500 69.792
201903 69.871 107.700 72.466
201906 70.480 107.700 73.098
201909 68.017 109.800 69.194
201912 65.718 111.200 66.013
202003 60.260 112.300 59.938
202006 63.077 110.400 63.820
202009 68.619 111.700 68.619

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.


Fang Holdings  (OTCPK:SFUNY) 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.


Fang Holdings Cyclically Adjusted PB Ratio Related Terms

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Fang Holdings (Fang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing, CHN, 100070
Fang Holdings Ltd operates in the Chinese internet portal industry. The company handles a real estate business through its web platform, www.fang.com, and a mobile application. The website serves as a one-stop avenue for the users to buy new and second homes, office buildings, and accommodation facilities available for rent in different parts of China. Real estate buyers can also avail of other services such as entrusted loans, mortgage loans, and other financial services that the company provides in the event of its credit assessment requirements being fulfilled. The group generates most of its revenues from new home sales through its e-commerce platform. A part of its income is also derived from marketing, listing, and financial services.