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QPL International Holdings (HKSE:00243) Cyclically Adjusted PB Ratio : 0.06 (As of May. 17, 2024)


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What is QPL International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-17), QPL International Holdings's current share price is HK$0.175. QPL International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr23 was HK$2.95. QPL International Holdings's Cyclically Adjusted PB Ratio for today is 0.06.

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

HKSE:00243' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.15   Max: 3.42
Current: 0.06

During the past 13 years, QPL International Holdings's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 0.05. And the median was 0.15.

HKSE:00243's Cyclically Adjusted PB Ratio is ranked better than
98.97% of 682 companies
in the Semiconductors industry
Industry Median: 2.5 vs HKSE:00243: 0.06

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.

QPL International Holdings's adjusted book value per share data of for the fiscal year that ended in Apr23 was HK$1.342. 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$2.95 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation


QPL International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QPL International 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.

* Premium members only.

QPL International Holdings Cyclically Adjusted PB Ratio Chart

QPL International Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.06 0.13 0.12 0.09

QPL International Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 0.12 - 0.09 -

Competitive Comparison of QPL International Holdings's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, QPL International 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.


QPL International Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QPL International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where QPL International Holdings's Cyclically Adjusted PB Ratio falls into.



QPL International 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.

QPL International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.175/2.95
=0.06

* 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.

QPL International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr23 is calculated as:

For example, QPL International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Apr23 was:

Adj_Book=Book Value per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=1.342/115.6468*115.6468
=1.342

Current CPI (Apr23) = 115.6468.

QPL International Holdings Annual Data

Book Value per Share CPI Adj_Book
201404 4.702 96.409 5.640
201504 1.780 99.157 2.076
201604 3.983 101.796 4.525
201704 3.689 103.884 4.107
201804 2.676 105.863 2.923
201904 2.488 108.941 2.641
202004 2.129 111.030 2.218
202104 2.084 111.909 2.154
202204 1.819 113.338 1.856
202304 1.342 115.647 1.342

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.


QPL International Holdings  (HKSE:00243) 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.


QPL International Holdings Cyclically Adjusted PB Ratio Related Terms

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QPL International Holdings (HKSE:00243) Business Description

Traded in Other Exchanges
N/A
Address
22-28 Tai Chung Road, 8th Floor, Hale Weal Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.

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