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Most Kwai Chung (HKSE:01716) Cyclically Adjusted Book per Share : HK$0.25 (As of Sep. 2024)


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What is Most Kwai Chung Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Most Kwai Chung's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was HK$0.169. 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 HK$0.25 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-20), Most Kwai Chung's current stock price is HK$ 0.38. Most Kwai Chung's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was HK$0.25. Most Kwai Chung's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Most Kwai Chung was 1.80. The lowest was 1.24. And the median was 1.52.


Most Kwai Chung Cyclically Adjusted Book per Share Historical Data

The historical data trend for Most Kwai Chung's Cyclically Adjusted Book per Share 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.

Most Kwai Chung Cyclically Adjusted Book per Share Chart

Most Kwai Chung Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.25

Most Kwai Chung Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cyclically Adjusted Book per Share 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 - - - 0.25 -

Competitive Comparison of Most Kwai Chung's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Most Kwai Chung'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.


Most Kwai Chung's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Most Kwai Chung's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Most Kwai Chung's Cyclically Adjusted PB Ratio falls into.


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Most Kwai Chung Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Most Kwai Chung's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.169/117.7354*117.7354
=0.169

Current CPI (Mar. 2024) = 117.7354.

Most Kwai Chung Annual Data

Book Value per Share CPI Adj_Book
201503 0.062 99.927 0.073
201603 0.108 102.785 0.124
201703 0.112 103.335 0.128
201803 0.315 105.973 0.350
201903 0.367 108.172 0.399
202003 0.364 110.920 0.386
202103 0.350 111.579 0.369
202203 0.282 113.558 0.292
202303 0.206 115.427 0.210
202403 0.169 117.735 0.169

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Most Kwai Chung  (HKSE:01716) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Most Kwai Chung's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.38/0.25
=1.52

* 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.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Most Kwai Chung was 1.80. The lowest was 1.24. And the median was 1.52.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Most Kwai Chung Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Most Kwai Chung's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Most Kwai Chung Business Description

Traded in Other Exchanges
N/A
Address
11-13 Tai Yuen Street, Unit 8, 16thFloor, Block B, Tung Chun Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Most Kwai Chung Ltd is engaged in the provision of digital media services, print media services and other media services which include events organization and artistes management. Its operating segment includes Digital media services, Print media services, and Other media services. Digital media services is engaged in the provision of one-stop advertising solution packages. The Print media services represent advertorial production and advertisement placement services and sale of publications including books and magazines. It generates maximum revenue from the Digital media services segment. Geographically, it operates only in Hong Kong.
Executives
Leung Hoi Yui 2501 Other
Lui Yu Kin 2101 Beneficial owner
Chan Christine Kar-hey
Chan Mavis Pak Ling
Blackpaper Limited 2401 A concert party to an agreement to buy shares
Chui Cheung Lam 2501 Other
Wong Kar Wai 2501 Other
Yuen Kam Shing 2501 Other
Iu Kar Ho 2401 A concert party to an agreement to buy shares
Luk Ka Chun 2401 A concert party to an agreement to buy shares

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