CNWHF (China Networks International Holdings) Cyclically Adjusted PB Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is China Networks International Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Networks International Holdings  (OTCPK:CNWHF) 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.


China Networks International Holdings Cyclically Adjusted PB Ratio Related Terms


China Networks International Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Networks International Holdings'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.

China Networks International Holdings Cyclically Adjusted PB Ratio Chart

China Networks International Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Networks International Holdings Semi-Annual Data
Jun07 Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CNWHF vs XITO, TGLO, CPKA: Cyclically Adjusted PB Ratio Comparison

For the Shell Companies subindustry, China Networks International Holdings'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.


China Networks International Holdings Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Networks International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Networks International Holdings's Cyclically Adjusted PB Ratio falls into.



China Networks International Holdings 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.

China Networks International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec18 is calculated as:

For example, China Networks International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec18 was:

Adj_Book=Book Value per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=-0.05/106.5000*106.5000
=-0.050

Current CPI (Dec18) = 106.5000.

China Networks International Holdings Annual Data

Book Value per Share CPI Adj_Book
200912 -0.598 85.386 -0.746
201012 0.583 89.289 0.695
201112 0.078 92.885 0.089
201212 -0.011 95.237 -0.012
201312 -0.029 97.624 -0.032
201412 -0.037 99.000 -0.040
201512 -0.040 100.600 -0.042
201612 -0.043 102.600 -0.045
201712 -0.047 104.500 -0.048
201812 -0.050 106.500 -0.050

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.


China Networks International Holdings Business Description

Address 6A Jian Guo Men Wai Avenue, 801, 29th Floor, Block C, Central International Trade Center, Chao Yang District, Beijing, CHN
China Networks International Holdings Ltd is a shell company.