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HH Biotechnology Holdings Co (HH Biotechnology Holdings Co) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is HH Biotechnology Holdings Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HH Biotechnology Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HH Biotechnology Holdings Co'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.

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HH Biotechnology Holdings Co Cyclically Adjusted PB Ratio Chart

HH Biotechnology Holdings Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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HH Biotechnology Holdings Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of HH Biotechnology Holdings Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, HH Biotechnology Holdings Co'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.


HH Biotechnology Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HH Biotechnology Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HH Biotechnology Holdings Co's Cyclically Adjusted PB Ratio falls into.



HH Biotechnology Holdings Co 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.

HH Biotechnology Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, HH Biotechnology Holdings Co's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book=Book Value per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=2.104/102.4000*102.4000
=2.104

Current CPI (Sep. 2016) = 102.4000.

HH Biotechnology Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
200612 0.007 77.793 0.009
200703 0.082 78.884 0.106
200706 0.184 79.357 0.237
200709 0.420 81.276 0.529
200712 2.163 82.911 2.671
200803 2.203 85.485 2.639
200806 2.182 85.058 2.627
200809 2.175 85.057 2.618
200812 2.324 83.956 2.835
200903 2.385 84.457 2.892
200906 2.345 83.615 2.872
200909 2.336 84.369 2.835
200912 2.143 85.386 2.570
201003 2.077 86.316 2.464
201006 2.045 85.886 2.438
201009 2.014 87.267 2.363
201012 1.934 89.289 2.218
201103 1.890 91.154 2.123
201106 1.870 91.612 2.090
201109 1.894 92.711 2.092
201112 2.315 92.885 2.552
201203 2.260 94.367 2.452
201206 2.179 93.495 2.387
201209 2.169 94.482 2.351
201212 2.136 95.237 2.297
201303 2.062 96.372 2.191
201306 2.086 95.984 2.225
201309 2.042 97.332 2.148
201312 2.042 97.624 2.142
201403 1.959 98.600 2.034
201406 1.928 98.200 2.010
201409 1.905 98.900 1.972
201412 1.627 99.000 1.683
201503 1.535 99.900 1.573
201506 2.009 99.500 2.068
201509 1.973 100.500 2.010
201512 2.007 100.600 2.043
201603 2.049 102.200 2.053
201606 2.022 101.400 2.042
201609 2.104 102.400 2.104

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.


HH Biotechnology Holdings Co  (OTCPK:HHBT) 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.


HH Biotechnology Holdings Co Cyclically Adjusted PB Ratio Related Terms

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HH Biotechnology Holdings Co (HH Biotechnology Holdings Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Heping North Street, C-Site, 25th - 26th Floor, Presidential Building, Heping District, Shenyang, CHN, 110003
HH Biotechnology Holdings Co is engaged in developing, producing and marketing of healthy food, supplements, medicine, and cosmetics.
Executives
Yizhao Zhang director 45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520

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