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China Display Optoelectronics Technology Holdings (HKSE:00334) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 04, 2025)


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What is China Display Optoelectronics Technology Holdings Cyclically Adjusted PB Ratio?

As of today (2025-06-04), China Display Optoelectronics Technology Holdings's current share price is HK$0.207. China Display Optoelectronics Technology Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$0.37. China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00334' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.49   Max: 0.65
Current: 0.55

During the past 13 years, China Display Optoelectronics Technology Holdings's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.34. And the median was 0.49.

HKSE:00334's Cyclically Adjusted PB Ratio is ranked better than
83.56% of 1928 companies
in the Hardware industry
Industry Median: 1.66 vs HKSE:00334: 0.55

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 Display Optoelectronics Technology Holdings's adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$0.545. 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$0.37 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Display Optoelectronics Technology Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Display Optoelectronics Technology 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.

China Display Optoelectronics Technology Holdings Cyclically Adjusted PB Ratio Chart

China Display Optoelectronics Technology Holdings Annual Data
Trend Jun15 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 - - - 0.48 0.53

China Display Optoelectronics Technology Holdings 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 - - 0.48 - 0.53

Competitive Comparison of China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, China Display Optoelectronics Technology 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.


China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio falls into.


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China Display Optoelectronics Technology 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.

China Display Optoelectronics Technology Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.207/0.37
=0.56

* 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 Display Optoelectronics Technology Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, China Display Optoelectronics Technology Holdings'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)
=0.545/114.8925*114.8925
=0.545

Current CPI (Dec24) = 114.8925.

China Display Optoelectronics Technology Holdings Annual Data

Book Value per Share CPI Adj_Book
201506 0.086 99.500 0.099
201612 0.203 102.600 0.227
201712 0.283 104.500 0.311
201812 0.297 106.500 0.320
201912 0.323 111.200 0.334
202012 0.358 111.500 0.369
202112 0.482 113.108 0.490
202212 0.528 115.116 0.527
202312 0.522 114.781 0.523
202412 0.545 114.893 0.545

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 Display Optoelectronics Technology Holdings  (HKSE:00334) 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 Display Optoelectronics Technology Holdings Cyclically Adjusted PB Ratio Related Terms

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China Display Optoelectronics Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Yaoli Road, Chenjiang Street, Zhongkai High-tech Development Zone, Dongsheng Village, Guangdong Province, Huizhou, CHN, 516006
China Display Optoelectronics Technology Holdings Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in research and development, manufacturing, sales, and distribution of TFT-LCD/CTP modules. Its product portfolio comprises VR/AR screen display modules, mobile phone screen displays, laptop screen displays, car screen display modules, and others. Maximum revenue for the group is generated from the sale of mobile phone display modules. It has one reportable operating segment being the display product segment, which principally engages in the processing, manufacture, and sale of LCD module products. Geographically, the group generates maximum revenue from the Chinese Mainland, followed by Hong Kong, Taiwan, and Thailand.
Executives
Tcl China Star Optoelectronics Technology Co., Ltd.
Tcl Technology Group Corporation (formerly Known As Tcl Corporation)

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