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Success Universe Group (HKSE:00487) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 24, 2024)


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What is Success Universe Group Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Success Universe Group's current share price is HK$0.081. Success Universe Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.22. Success Universe Group's Cyclically Adjusted PB Ratio for today is 0.37.

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

HKSE:00487' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.66   Max: 1.9
Current: 0.38

During the past 13 years, Success Universe Group's highest Cyclically Adjusted PB Ratio was 1.90. The lowest was 0.20. And the median was 0.66.

HKSE:00487's Cyclically Adjusted PB Ratio is ranked better than
78.3% of 622 companies
in the Travel & Leisure industry
Industry Median: 1.31 vs HKSE:00487: 0.38

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.

Success Universe Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.180. 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$0.22 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Success Universe Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Success Universe 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.

Success Universe Group Cyclically Adjusted PB Ratio Chart

Success Universe Group 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 0.80 0.51 0.56 0.67 0.20

Success Universe Group 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 0.56 - 0.67 - 0.20

Competitive Comparison of Success Universe Group's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Success Universe 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.


Success Universe Group's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Success Universe Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Success Universe 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.

Success Universe Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.081/0.22
=0.37

* 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.

Success Universe Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Success Universe Group'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)
=0.18/117.2957*117.2957
=0.180

Current CPI (Dec23) = 117.2957.

Success Universe Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.219 99.707 0.258
201512 0.216 102.015 0.248
201612 0.210 103.225 0.239
201712 0.205 104.984 0.229
201812 0.217 107.622 0.237
201912 0.232 110.700 0.246
202012 0.203 109.711 0.217
202112 0.205 112.349 0.214
202212 0.146 114.548 0.150
202312 0.180 117.296 0.180

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.


Success Universe Group  (HKSE:00487) 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.


Success Universe Group Cyclically Adjusted PB Ratio Related Terms

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


Success Universe Group (HKSE:00487) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Tower 1, Admiralty Centre, Units 1003-04A, 10th Floor, Hong Kong, HKG
Success Universe Group Ltd is a Hong Kong-based investment holding company that is engaged in travel-related and property investment businesses. The travel segment is engaged in the sales of air tickets, tour packages, and other travel-related services, Property investment business receives profit streams from leasing office premises in Hong Kong. It operates the business activity from various locations which includes Hong Kong, Macau, North America, and China. The group generates the majority of its revenue from the Travel segment.
Executives
Silver Rich Macau Development Limited 2101 Beneficial owner
Liu Siu Lam Marian 2202 Interest of your spouse
Yeung Hoi Sing Sonny 2201 Interest of corporation controlled by you

Success Universe Group (HKSE:00487) Headlines

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