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Sino Land Co (Sino Land Co) Cyclically Adjusted PB Ratio : 0.38 (As of Apr. 27, 2024)


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What is Sino Land Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Sino Land Co's current share price is $5.35. Sino Land Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $14.14. Sino Land Co's Cyclically Adjusted PB Ratio for today is 0.38.

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

SNLAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.68   Max: 1.2
Current: 0.37

During the past 13 years, Sino Land Co's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.36. And the median was 0.68.

SNLAY's Cyclically Adjusted PB Ratio is ranked better than
68.56% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs SNLAY: 0.37

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.

Sino Land Co's adjusted book value per share data of for the fiscal year that ended in Jun23 was $12.681. 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 $14.14 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Land Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sino Land Co'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.

Sino Land Co Cyclically Adjusted PB Ratio Chart

Sino Land Co 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 0.64 0.46 0.57 0.53 0.44

Sino Land Co 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 - 0.53 - 0.44 -

Competitive Comparison of Sino Land Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Sino Land Co'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.


Sino Land Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino Land Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sino Land Co's Cyclically Adjusted PB Ratio falls into.



Sino Land Co 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.

Sino Land Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.35/14.14
=0.38

* 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.

Sino Land Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Sino Land Co'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)
=12.681/115.6468*115.6468
=12.681

Current CPI (Jun23) = 115.6468.

Sino Land Co Annual Data

Book Value per Share CPI Adj_Book
201406 11.971 96.409 14.360
201506 12.564 99.267 14.637
201606 12.761 101.686 14.513
201706 13.031 103.664 14.537
201806 13.469 106.193 14.668
201906 13.617 109.601 14.368
202006 13.271 110.590 13.878
202106 13.514 111.360 14.034
202206 12.992 113.448 13.244
202306 12.681 115.647 12.681

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.


Sino Land Co  (OTCPK:SNLAY) 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.


Sino Land Co Cyclically Adjusted PB Ratio Related Terms

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


Sino Land Co (Sino Land Co) Business Description

Traded in Other Exchanges
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sino Land Co Ltd is a property developer mainly engaged in residential development in Hong Kong. It also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority. Rental income and property development account for the majority of the earnings, mainly derived from Hong Kong. Hotel and other segments account for the remaining of the earnings. The company is 55% owned by Tsim Sha Tsui Properties, an entity controlled by the estate of the late Mr. Ng Teng Fong, the company's founder.

Sino Land Co (Sino Land Co) Headlines

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