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Guoco Group (Guoco Group) Cyclically Adjusted PB Ratio : 0.43 (As of Apr. 28, 2024)


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What is Guoco Group Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Guoco Group's current share price is $21.89. Guoco Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $50.59. Guoco Group's Cyclically Adjusted PB Ratio for today is 0.43.

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

GULRY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.53   Max: 0.74
Current: 0.39

During the past 13 years, Guoco Group's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.27. And the median was 0.53.

GULRY's Cyclically Adjusted PB Ratio is ranked better than
80.29% of 416 companies
in the Conglomerates industry
Industry Median: 0.92 vs GULRY: 0.39

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.

Guoco Group's adjusted book value per share data of for the fiscal year that ended in Jun23 was $46.061. 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 $50.59 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guoco Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Guoco Group'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.

Guoco Group Cyclically Adjusted PB Ratio Chart

Guoco Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.59 0.47 0.41 0.30

Guoco Group 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 - 0.41 - 0.30 -

Competitive Comparison of Guoco Group's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Guoco Group'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.


Guoco Group's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Guoco Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Guoco Group 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.

Guoco Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.89/50.59
=0.43

* 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.

Guoco Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Guoco Group's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=46.061/115.6468*115.6468
=46.061

Current CPI (Jun23) = 115.6468.

Guoco Group Annual Data

Book Value per Share CPI Adj_Book
201406 44.108 96.409 52.910
201506 45.822 99.267 53.383
201606 43.993 101.686 50.033
201706 48.270 103.664 53.850
201806 50.728 106.193 55.244
201906 48.310 109.601 50.975
202006 44.017 110.590 46.030
202106 46.811 111.360 48.613
202206 44.708 113.448 45.574
202306 46.061 115.647 46.061

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.


Guoco Group  (OTCPK:GULRY) 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.


Guoco Group Cyclically Adjusted PB Ratio Related Terms

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


Guoco Group (Guoco Group) Business Description

Traded in Other Exchanges
Address
99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG
Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.

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