GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hutchison Whampoa Ltd (FRA:HUWH) » Definitions » Cyclically Adjusted PB Ratio

Hutchison Whampoa (FRA:HUWH) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


View and export this data going back to . Start your Free Trial

What is Hutchison Whampoa Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hutchison Whampoa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hutchison Whampoa'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.

Hutchison Whampoa Cyclically Adjusted PB Ratio Chart

Hutchison Whampoa Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hutchison Whampoa Semi-Annual Data
Dec99 Dec04 Dec05 Dec06 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 - - - - -

Competitive Comparison of Hutchison Whampoa's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Hutchison Whampoa'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.


Hutchison Whampoa's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hutchison Whampoa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hutchison Whampoa 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.

Hutchison Whampoa's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Hutchison Whampoa's adjusted Book Value per Share data for the fiscal year that ended in Dec14 was:

Adj_Book=Book Value per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=22.875/99.7069*99.7069
=22.875

Current CPI (Dec14) = 99.7069.

Hutchison Whampoa Annual Data

Book Value per Share CPI Adj_Book
200512 12.423 73.434 16.868
200612 12.508 75.082 16.610
200712 12.812 77.941 16.390
200812 11.660 79.590 14.607
200912 11.727 80.799 14.471
201012 14.327 83.217 17.166
201112 16.485 87.944 18.690
201212 18.058 91.132 19.757
201312 18.842 95.090 19.757
201412 22.875 99.707 22.875

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.


Hutchison Whampoa  (FRA:HUWH) 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.


Hutchison Whampoa Cyclically Adjusted PB Ratio Related Terms

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


Hutchison Whampoa (FRA:HUWH) Business Description

Traded in Other Exchanges
N/A
Address
Hutchison Whampoa Ltd is a multinational conglomerate engaged in the development, innovation and technology in various sector. The Company has six businesses segments: ports and related services, property and hotels, retail, infrastructure, energy, and telecommunications. The Company holds interests in 52 ports comprising 278 operational berths in 26 countries, including container terminals operating in five of the 10 busiest container ports in the world. It also engages in mid-stream operations, river trade, cruise terminal operations and ports related logistics services. It develops and invests in real estate projects, ranging from landmark office buildings to luxury residential properties. It holds a rental property portfolio of approximately 14.0 million square feet of office, commercial, industrial and residential premises, primarily in Hong Kong, as well as interests in a number of joint-venture developments in Mainland China and selective overseas markets. The Company has over 10,500 retail stores in 25 markets worldwide. Its retail portfolio comprises health and beauty products, supermarkets, consumer electronics and electrical appliances. The Company's infrastructure business operates mainly in Hong Kong, the United Kingdom, the Netherlands, the Mainland, Australia, New Zealand and Canada. The Company's investments in energy are principally in Canada, the United States, the Mainland, Taiwan, Greenland and Indonesia. Husky Energy Inc is a listed Canadian-based integrated energy and energy related company. The Company is an operator of mobile telecommunication and data services, and a mobile broadband technology in the world. It is also an owner and operator of fibre-optic fixed line networks in Hong Kong.

Hutchison Whampoa (FRA:HUWH) Headlines

No Headlines