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Natural Beauty Bio-Technology (HKSE:00157) Cyclically Adjusted PB Ratio : 1.51 (As of Jun. 10, 2024)


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What is Natural Beauty Bio-Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Natural Beauty Bio-Technology's current share price is HK$0.53. Natural Beauty Bio-Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.35. Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio for today is 1.51.

The historical rank and industry rank for Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00157' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.52   Max: 2.16
Current: 1.53

During the past 13 years, Natural Beauty Bio-Technology's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.73. And the median was 1.52.

HKSE:00157's Cyclically Adjusted PB Ratio is ranked worse than
54.87% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs HKSE:00157: 1.53

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.

Natural Beauty Bio-Technology's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.287. 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$0.35 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Natural Beauty Bio-Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Natural Beauty Bio-Technology'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.

Natural Beauty Bio-Technology Cyclically Adjusted PB Ratio Chart

Natural Beauty Bio-Technology 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 1.69 1.72 1.49 1.53 1.38

Natural Beauty Bio-Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.49 - 1.53 - 1.38

Competitive Comparison of Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Natural Beauty Bio-Technology'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.


Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio falls into.



Natural Beauty Bio-Technology 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.

Natural Beauty Bio-Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.53/0.35
=1.51

* 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.

Natural Beauty Bio-Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Natural Beauty Bio-Technology'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)
=0.287/117.2957*117.2957
=0.287

Current CPI (Dec23) = 117.2957.

Natural Beauty Bio-Technology Annual Data

Book Value per Share CPI Adj_Book
201412 0.387 99.707 0.455
201512 0.366 102.015 0.421
201612 0.327 103.225 0.372
201712 0.325 104.984 0.363
201812 0.276 107.622 0.301
201912 0.284 110.700 0.301
202012 0.305 109.711 0.326
202112 0.329 112.349 0.343
202212 0.298 114.548 0.305
202312 0.287 117.296 0.287

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.


Natural Beauty Bio-Technology  (HKSE:00157) 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.


Natural Beauty Bio-Technology Cyclically Adjusted PB Ratio Related Terms

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Natural Beauty Bio-Technology (HKSE:00157) Business Description

Traded in Other Exchanges
Address
348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong, HKG
Natural Beauty Bio-Technology Ltd operates as an investment holding company. It is engaged in the manufacturing and selling of skincare, beauty, and aromatherapeutic products. Its products include the provision of skin treatments, beauty and spa services, and skincare consulting and beauty training services. The company's spas provide various services, including hydrotherapy, facial treatment, body care, and skincare analysis. The company derived its key revenue from franchised spas, self-owned spas, and concessionary counters at department stores. Geographically it has three-segment which include The PRC, Taiwan, and Others (Hong Kong and Malaysia). Its key revenue is generated from PRC.
Executives
Tsai Yen-yu 2201 Interest of corporation controlled by you
Chao Shih-heng 2201 Interest of corporation controlled by you
Good Titanic Limited 2201 Interest of corporation controlled by you
Lee Ming-ta 2202 Interest of your spouse
Eastern Media International Corporation (twse Stock Code: 2614) 2201 Interest of corporation controlled by you
Next Focus Holdings Limited 2201 Interest of corporation controlled by you
Standard Cosmos Limited 2201 Interest of corporation controlled by you
Starsign International Limited 2201 Interest of corporation controlled by you

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