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Sino Strategic International (ASX:SSI) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is Sino Strategic International Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Strategic International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sino Strategic International'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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Sino Strategic International Cyclically Adjusted PB Ratio Chart

Sino Strategic International Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
Cyclically Adjusted PB Ratio
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Sino Strategic International Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
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Competitive Comparison of Sino Strategic International's Cyclically Adjusted PB Ratio

For the Gambling subindustry, Sino Strategic International'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 Strategic International's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sino Strategic International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sino Strategic International 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 Strategic International's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun10 is calculated as:

For example, Sino Strategic International's adjusted Book Value per Share data for the fiscal year that ended in Jun10 was:

Adj_Book=Book Value per Share/CPI of Jun10 (Change)*Current CPI (Jun10)
=0.02/88.9714*88.9714
=0.020

Current CPI (Jun10) = 88.9714.

Sino Strategic International Annual Data

Book Value per Share CPI Adj_Book
200106 0.448 69.190 0.576
200206 0.268 71.140 0.335
200306 0.197 72.997 0.240
200406 0.016 74.855 0.019
200506 -0.040 76.712 -0.046
200606 3.886 79.777 4.334
200706 3.136 81.449 3.426
200806 1.399 85.071 1.463
200906 0.972 86.278 1.002
201006 0.020 88.971 0.020

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 Strategic International  (ASX:SSI) 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 Strategic International Cyclically Adjusted PB Ratio Related Terms

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Sino Strategic International (ASX:SSI) Business Description

Traded in Other Exchanges
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Address
Sino Strategic International (SSI) is a diversified investment holding company with interest in gaming and entertainment business, internet & mobile media and investment services.

Sino Strategic International (ASX:SSI) Headlines

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