Sunwah Kingsway Capital Holdings (HKSE:00188) Cyclically Adjusted PB Ratio : 0.13 (As of Sep. 21, 2024)

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What is Sunwah Kingsway Capital Holdings Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Sunwah Kingsway Capital Holdings's current share price is HK$0.217. Sunwah Kingsway Capital Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was HK$1.62. Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio for today is 0.13.

The historical rank and industry rank for Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00188' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.3 Max: 1.86
Current: 0.13

During the past 13 years, Sunwah Kingsway Capital Holdings's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.13. And the median was 0.30.

HKSE:00188's Cyclically Adjusted PB Ratio is ranked better than
93.27% of 446 companies
in the Capital Markets industry
Industry Median: 1.17 vs HKSE:00188: 0.13

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.

Sunwah Kingsway Capital Holdings's adjusted book value per share data of for the fiscal year that ended in Jun23 was HK$1.088. 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$1.62 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Sunwah Kingsway Capital Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunwah Kingsway Capital Holdings'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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Sunwah Kingsway Capital Holdings Cyclically Adjusted PB Ratio Chart

Sunwah Kingsway Capital Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cyclically Adjusted PB Ratio

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0.32

0.26

0.22

0.20

0.16

Sunwah Kingsway Capital Holdings 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															-	0.20	-	0.16	-

Competitive Comparison of Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Sunwah Kingsway Capital Holdings'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.

Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio falls into.

Sunwah Kingsway Capital Holdings 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.

Sunwah Kingsway Capital Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.217	/	1.62
	=	0.13

Sunwah Kingsway Capital Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Sunwah Kingsway Capital Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book	=	Book Value per Share	/	CPI of Jun23 (Change)	*	Current CPI (Jun23)
	=	1.088	/	115.6468	*	115.6468
	=	1.088

Current CPI (Jun23) = 115.6468.

Sunwah Kingsway Capital Holdings Annual Data

	Book Value per Share	CPI	Adj_Book
201406	1.508	96.409	1.809
201506	1.723	99.267	2.007
201606	1.661	101.686	1.889
201706	1.671	103.664	1.864
201806	1.605	106.193	1.748
201906	1.544	109.601	1.629
202006	1.377	110.590	1.440
202106	1.384	111.360	1.437
202206	1.246	113.448	1.270
202306	1.088	115.647	1.088

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.

Sunwah Kingsway Capital Holdings (HKSE:00188) 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.

Sunwah Kingsway Capital Holdings Cyclically Adjusted PB Ratio Related Terms

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

Sunwah Kingsway Capital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sunwah Kingsway Capital Holdings Ltd (HKSE:00188) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, 7th Floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

https://www.sunwahkingsway.com

Sunwah Kingsway Capital Holdings Ltd is a financial services provider in Hong Kong. The company's segment includes Brokerage and financing; Corporate finance and capital markets; Asset management and others. It generates maximum revenue from the Brokerage and financing segment. The Brokerage and financing segment includes the provision of securities, options, funds, futures and commodities brokerage services, margin and other financing, factoring and other related services.

Executives

Choi Koon Ming	2101 Beneficial owner
Choi Koon Shum	2201 Interest of corporation controlled by you
Sunwah International Limited	2201 Interest of corporation controlled by you
World Developments Limited	2101 Beneficial owner
Sun Wah Capital Limited

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