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China Huajun Group (HKSE:00377) Cyclically Adjusted PB Ratio : 0.04 (As of Apr. 30, 2024)


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What is China Huajun Group Cyclically Adjusted PB Ratio?

As of today (2024-04-30), China Huajun Group's current share price is HK$1.02. China Huajun Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was HK$27.69. China Huajun Group's Cyclically Adjusted PB Ratio for today is 0.04.

The historical rank and industry rank for China Huajun Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00377' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.49   Max: 6.74
Current: 0.04

During the past 13 years, China Huajun Group's highest Cyclically Adjusted PB Ratio was 6.74. The lowest was 0.02. And the median was 0.49.

HKSE:00377's Cyclically Adjusted PB Ratio is ranked better than
99.62% of 1051 companies
in the Chemicals industry
Industry Median: 1.57 vs HKSE:00377: 0.04

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 Huajun Group's adjusted book value per share data of for the fiscal year that ended in Dec22 was HK$-67.056. 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$27.69 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Huajun Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Huajun Group'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 Huajun Group Cyclically Adjusted PB Ratio Chart

China Huajun Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.27 0.05 0.09 -

China Huajun Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 0.05 - 0.09 - -

Competitive Comparison of China Huajun Group's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, China Huajun Group'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 Huajun Group's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Huajun Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Huajun Group's Cyclically Adjusted PB Ratio falls into.



China Huajun Group 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 Huajun Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.02/27.69
=0.04

* 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 Huajun Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, China Huajun Group's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-67.056/114.5475*114.5475
=-67.056

Current CPI (Dec22) = 114.5475.

China Huajun Group Annual Data

Book Value per Share CPI Adj_Book
201303 18.293 92.122 22.746
201403 23.265 95.749 27.833
201503 39.883 99.927 45.718
201603 60.296 102.785 67.196
201703 62.978 103.335 69.812
201803 51.900 105.973 56.099
201912 47.976 110.700 49.644
202012 21.269 109.711 22.207
202112 -16.924 112.349 -17.255
202212 -67.056 114.548 -67.056

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 Huajun Group  (HKSE:00377) 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 Huajun Group Cyclically Adjusted PB Ratio Related Terms

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


China Huajun Group (HKSE:00377) Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Suites 903-905, 9th Floor, Shui On Centre, Wan Chai, Hong Kong, HKG
China Huajun Group Ltd is an investment holding company. It operates in five segments: Printing, Trading & Logistics, Property Development & Investments, Solar Photovoltaic, and Financial Services. The majority of its revenue comes from the Trading & logistics segment, which is involved in trading, logistics, and supply chain management. Its geographical segments are China, the United States, Hong Kong, European countries, and other countries, of which the United States accounts for the vast majority of its revenue.

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