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Ourgame International Holdings (FRA:13O) Cyclically Adjusted PB Ratio : 0.15 (As of Jun. 23, 2024)


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What is Ourgame International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Ourgame International Holdings's current share price is €0.016. Ourgame International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €0.11. Ourgame International Holdings's Cyclically Adjusted PB Ratio for today is 0.15.

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

FRA:13O' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.23   Max: 0.38
Current: 0.19

During the past 10 years, Ourgame International Holdings's highest Cyclically Adjusted PB Ratio was 0.38. The lowest was 0.17. And the median was 0.23.

FRA:13O's Cyclically Adjusted PB Ratio is not ranked
in the Interactive Media industry.
Industry Median: 1.63 vs FRA:13O: 0.19

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.

Ourgame International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec22 was €0.036. 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 €0.11 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ourgame International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ourgame 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.

* Premium members only.

Ourgame International Holdings Cyclically Adjusted PB Ratio Chart

Ourgame International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.34

Ourgame International Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - 0.34 -

Competitive Comparison of Ourgame International Holdings's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Ourgame 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.


Ourgame International Holdings's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ourgame International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ourgame 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.

Ourgame International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.016/0.11
=0.15

* 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.

Ourgame International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Ourgame International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.036/114.5475*114.5475
=0.036

Current CPI (Dec22) = 114.5475.

Ourgame International Holdings Annual Data

Book Value per Share CPI Adj_Book
201312 0.023 95.090 0.028
201412 0.149 99.707 0.171
201512 0.185 102.015 0.208
201612 0.215 103.225 0.239
201712 0.201 104.984 0.219
201812 0.113 107.622 0.120
201912 0.049 110.700 0.051
202012 0.028 109.711 0.029
202112 0.036 112.349 0.037
202212 0.036 114.548 0.036

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.


Ourgame International Holdings  (FRA:13O) 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.


Ourgame International Holdings Cyclically Adjusted PB Ratio Related Terms

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Ourgame International Holdings (FRA:13O) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, 31/F, Tower Two Times Square, Causeway Bay, Hong Kong, HKG
Ourgame International Holdings Ltd is engaged in the development and operation of online card and board, organizing and broadcasting online to offline mind-sports events, tournaments, TV shows and content. The company's products include board games, card games, mahjong games, casual games, flash games, Texas Hold'em, Fight the Landlord, mobile games, and other self-developed games. It organizes its business in three segments namely PC games, Mobile games and others which include game tournaments organized by the company. Revenue generated by the company mostly comes from China through sales of games as well as sponsorship income and other miscellaneous revenue.

Ourgame International Holdings (FRA:13O) Headlines

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