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Pacific Online (HKSE:00543) Cyclically Adjusted PB Ratio : 0.29 (As of Dec. 11, 2024)


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What is Pacific Online Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Pacific Online's current share price is HK$0.30. Pacific Online's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.05. Pacific Online's Cyclically Adjusted PB Ratio for today is 0.29.

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

HKSE:00543' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.26   Max: 2.9
Current: 0.31

During the past 13 years, Pacific Online's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.28. And the median was 1.26.

HKSE:00543's Cyclically Adjusted PB Ratio is ranked better than
92.11% of 266 companies
in the Interactive Media industry
Industry Median: 1.78 vs HKSE:00543: 0.31

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.

Pacific Online's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.673. 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$1.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Online Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pacific Online'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.

Pacific Online Cyclically Adjusted PB Ratio Chart

Pacific Online 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 1.64 1.14 1.23 0.70 0.46

Pacific Online Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.70 - 0.46 -

Competitive Comparison of Pacific Online's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Pacific Online'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.


Pacific Online's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Pacific Online's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pacific Online's Cyclically Adjusted PB Ratio falls into.



Pacific Online 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.

Pacific Online's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.30/1.05
=0.29

* 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.

Pacific Online's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pacific Online'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)
=0.673/114.7809*114.7809
=0.673

Current CPI (Dec23) = 114.7809.

Pacific Online Annual Data

Book Value per Share CPI Adj_Book
201412 1.080 99.000 1.252
201512 1.078 100.600 1.230
201612 1.002 102.600 1.121
201712 1.024 104.500 1.125
201812 0.996 106.500 1.073
201912 0.984 111.200 1.016
202012 1.108 111.500 1.141
202112 1.035 113.108 1.050
202212 0.828 115.116 0.826
202312 0.673 114.781 0.673

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.


Pacific Online  (HKSE:00543) 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.


Pacific Online Cyclically Adjusted PB Ratio Related Terms

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


Pacific Online Business Description

Traded in Other Exchanges
N/A
Address
115 Gaopu Road, National Software Park Base, Tianhe District, Guangzhou, CHN, 510663
Pacific Online Ltd is a provider of internet advertising services for different commodities in China. The Company has five specialized websites, namely PConline, PCauto, PClady, PCbaby, and PChouse, as well as an e-commerce portal. Its segments consist of PCauto, PConline, and Others. Maximum revenue is derived from PCauto which provides automobile-related content.
Executives
Lam Wai Yan 2101 Beneficial owner
Ma Muk Lan 2202 Interest of your spouse

Pacific Online Headlines

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