GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cosmos Machinery Enterprises Ltd (HKSE:00118) » Definitions » Cyclically Adjusted PB Ratio

Cosmos Machinery Enterprises (HKSE:00118) Cyclically Adjusted PB Ratio : (As of May. 06, 2025)


View and export this data going back to 1988. Start your Free Trial

What is Cosmos Machinery Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosmos Machinery Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cosmos Machinery Enterprises'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.

Cosmos Machinery Enterprises Cyclically Adjusted PB Ratio Chart

Cosmos Machinery Enterprises 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 0.28 0.23 0.16 0.16 -

Cosmos Machinery Enterprises 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 0.16 - 0.16 - -

Competitive Comparison of Cosmos Machinery Enterprises's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Cosmos Machinery Enterprises'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.


Cosmos Machinery Enterprises's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cosmos Machinery Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cosmos Machinery Enterprises's Cyclically Adjusted PB Ratio falls into.


;
;

Cosmos Machinery Enterprises 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.

Cosmos Machinery Enterprises's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Cosmos Machinery Enterprises'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)
=1.441/118.9447*118.9447
=1.441

Current CPI (Dec24) = 118.9447.

Cosmos Machinery Enterprises Annual Data

Book Value per Share CPI Adj_Book
201512 1.863 102.015 2.172
201612 1.348 103.225 1.553
201712 1.507 104.984 1.707
201812 1.373 107.622 1.517
201912 1.359 110.700 1.460
202012 1.472 109.711 1.596
202112 1.637 112.349 1.733
202212 1.534 114.548 1.593
202312 1.475 117.296 1.496
202412 1.441 118.945 1.441

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.


Cosmos Machinery Enterprises  (HKSE:00118) 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.


Cosmos Machinery Enterprises Cyclically Adjusted PB Ratio Related Terms

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


Cosmos Machinery Enterprises Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Cheung Yue Street, 10th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Cosmos Machinery Enterprises Ltd is an investment holding company. The company operates in segments namely, trading of Industrial Consumables, Processing and Manufacturing of Plastic Products, Manufacturing of Machinery, Processing and Trading of Printed Circuit Boards, and Machinery Leasing. The company derives maximum revenue from the Machinery Leasing segment. The geographical segments of the company are Hong Kong, Mainland China, Other Asia-Pacific countries, North America, and Europe, of which the majority of its maximum revenue comes from Mainland China.
Executives
Saniwell Holding Inc. 2201 Interest of corporation controlled by you
Tang Yu, Freeman 2201 Interest of corporation controlled by you
Tang To 2201 Interest of corporation controlled by you
Friendchain Investments Limited 2201 Interest of corporation controlled by you
Codo Development Limited 2201 Interest of corporation controlled by you
Cosmos Machinery (holdings) Limited 2101 Beneficial owner
Tai Shing Agencies Limited 2101 Beneficial owner
China Resources Company Limited (formerly Known As China Resources National Corporation)
Law Kit Fong 2201 Interest of corporation controlled by you

Cosmos Machinery Enterprises Headlines

No Headlines