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Cinda International Holdings (FRA:HNT) Cyclically Adjusted PB Ratio : 0.13 (As of Sep. 25, 2024)


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What is Cinda International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Cinda International Holdings's current share price is €0.0195. Cinda International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €0.15. Cinda International Holdings's Cyclically Adjusted PB Ratio for today is 0.13.

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

FRA:HNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.42   Max: 1.98
Current: 0.15

During the past 13 years, Cinda International Holdings's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.14. And the median was 0.42.

FRA:HNT's Cyclically Adjusted PB Ratio is ranked better than
92.13% of 445 companies
in the Capital Markets industry
Industry Median: 1.19 vs FRA:HNT: 0.15

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.

Cinda International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was €0.172. 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 €0.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinda International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cinda 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.

Cinda International Holdings Cyclically Adjusted PB Ratio Chart

Cinda International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.31 0.33 0.26 0.18

Cinda International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.26 - 0.18 -

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

For the Capital Markets subindustry, Cinda 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.


Cinda International Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cinda International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cinda 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0195/0.15
=0.13

* 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.

Cinda International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cinda International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.172/117.2957*117.2957
=0.172

Current CPI (Dec23) = 117.2957.

Cinda International Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.113 99.707 0.133
201512 0.129 102.015 0.148
201612 0.144 103.225 0.164
201712 0.139 104.984 0.155
201812 0.143 107.622 0.156
201912 0.158 110.700 0.167
202012 0.164 109.711 0.175
202112 0.181 112.349 0.189
202212 0.179 114.548 0.183
202312 0.172 117.296 0.172

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.


Cinda International Holdings  (FRA:HNT) 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.


Cinda International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Cinda International Holdings Business Description

Traded in Other Exchanges
Address
183 Queen’s Road Central, 45th Floor, COSCO Tower, Hong Kong, HKG
Cinda International Holdings Ltd provides financial services including asset management, corporate financial advisory services, securities brokering, commodities, and futures brokering, and financial planning and insurance brokering. Its segments consist of Asset management; Sales and trading business; and Corporate finance. It derives majority of the revenue from Sales and trading business that provides brokering services in securities, equity-linked products, unit trusts and stock options commodities and futures contracts traded in Hong Kong and selected overseas markets, underwriting, placing and margin financing services to those brokering clients, and acting as an agent for the sale of savings plans, general and life insurance and other investment-linked insurance products.

Cinda International Holdings Headlines

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