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Sunvest (ASX:SVS) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 09, 2024)


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What is Sunvest Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sunvest's current share price is A$0.60. Sunvest's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun22 was A$0.58. Sunvest's Cyclically Adjusted PB Ratio for today is 1.03.

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

ASX:SVS's Cyclically Adjusted PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.8
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Sunvest's adjusted book value per share data of for the fiscal year that ended in Jun22 was A$0.611. 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 A$0.58 for the trailing ten years ended in Jun22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunvest Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunvest'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.

Sunvest Cyclically Adjusted PB Ratio Chart

Sunvest Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.34 0.37 0.88 0.94

Sunvest Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.37 - 0.88 - 0.94

Competitive Comparison of Sunvest's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Sunvest'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.


Sunvest's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sunvest's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sunvest 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.

Sunvest's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.60/0.58
=1.03

* 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.

Sunvest's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Sunvest's adjusted Book Value per Share data for the fiscal year that ended in Jun22 was:

Adj_Book=Book Value per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=0.611/117.1117*117.1117
=0.611

Current CPI (Jun22) = 117.1117.

Sunvest Annual Data

Book Value per Share CPI Adj_Book
201306 0.554 95.473 0.680
201406 0.600 98.352 0.714
201506 0.297 99.838 0.348
201606 0.556 100.859 0.646
201706 0.551 102.809 0.628
201806 0.430 104.945 0.480
201906 0.389 106.617 0.427
202006 0.551 106.246 0.607
202106 0.638 110.332 0.677
202206 0.611 117.112 0.611

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.


Sunvest  (ASX:SVS) 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.


Sunvest Cyclically Adjusted PB Ratio Related Terms

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


Sunvest (ASX:SVS) Business Description

Traded in Other Exchanges
N/A
Address
19-29 Martin Place, Level 57, MLC Centre, Sydney, NSW, AUS, 2000
Sunvest Corp Ltd is an investment company that invests in listed and other securities in Australia; United Kingdom and Canada. Geographically, it derives revenue from Australia.

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