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China Overseas Grand Oceans Group (HKSE:00081) Cyclically Adjusted PB Ratio : 0.21 (As of Jun. 04, 2025)


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What is China Overseas Grand Oceans Group Cyclically Adjusted PB Ratio?

As of today (2025-06-04), China Overseas Grand Oceans Group's current share price is HK$1.67. China Overseas Grand Oceans Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$7.94. China Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio for today is 0.21.

The historical rank and industry rank for China Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00081' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.74   Max: 1.57
Current: 0.21

During the past 13 years, China Overseas Grand Oceans Group's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.19. And the median was 0.74.

HKSE:00081's Cyclically Adjusted PB Ratio is ranked better than
81.11% of 1350 companies
in the Real Estate industry
Industry Median: 0.69 vs HKSE:00081: 0.21

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.

China Overseas Grand Oceans Group's adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$9.418. 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 HK$7.94 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Overseas Grand Oceans Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Overseas Grand Oceans Group'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.

China Overseas Grand Oceans Group Cyclically Adjusted PB Ratio Chart

China Overseas Grand Oceans Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.62 0.49 0.34 0.22

China Overseas Grand Oceans Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.49 - 0.34 - 0.22

Competitive Comparison of China Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, China Overseas Grand Oceans Group'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 Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio falls into.


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China Overseas Grand Oceans Group 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 Overseas Grand Oceans Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.67/7.94
=0.21

* 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 Overseas Grand Oceans Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, China Overseas Grand Oceans Group's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=9.418/118.9447*118.9447
=9.418

Current CPI (Dec24) = 118.9447.

China Overseas Grand Oceans Group Annual Data

Book Value per Share CPI Adj_Book
201512 4.797 102.015 5.593
201612 4.464 103.225 5.144
201712 5.969 104.984 6.763
201812 5.654 107.622 6.249
201912 6.353 110.700 6.826
202012 8.357 109.711 9.060
202112 10.275 112.349 10.878
202212 9.394 114.548 9.755
202312 9.619 117.296 9.754
202412 9.418 118.945 9.418

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 Overseas Grand Oceans Group  (HKSE:00081) 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 Overseas Grand Oceans Group Cyclically Adjusted PB Ratio Related Terms

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


China Overseas Grand Oceans Group Business Description

Traded in Other Exchanges
N/A
Address
1 Queen’s Road East, Suites 701 - 702, 7th Floor, Three Pacific Place, Kowloon, Hong Kong, HKG
China Overseas Grand Oceans Group Ltd is engaged in general real estate activities. Its main line of business reflects the development of property comprised of residential property projects. The company carries out its business through two segments: Property development and Commercial property operations. The company generates the majority of its revenue from Property development segment, which is engaged in development of property and sales. Geographically, the company generates the majority of its revenue from in the PRC excluding Hong Kong.
Executives
Yung Kwok Kee Billy
Hsu Vivian
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Fidelity Funds 2101 Beneficial owner
Brown Brothers Harriman & Co. 2502 Approved lending agent
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Star Amuse Limited 2101 Beneficial owner
Big Crown Limited 2201 Interest of corporation controlled by you
China Overseas Land & Investment Limited 2201 Interest of corporation controlled by you
Zhong Guo Jian Zhu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Overseas Holdings Limited 2201 Interest of corporation controlled by you
Ubs Tc (jersey) Ltd 2301 Trustee

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