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Shin Hwa World (HKSE:00582) Cyclically Adjusted PB Ratio : 0.00 (As of Dec. 15, 2024)


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What is Shin Hwa World Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Shin Hwa World's current share price is HK$0.185. Shin Hwa World's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$139.71. Shin Hwa World's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past 13 years, Shin Hwa World's highest Cyclically Adjusted PB Ratio was 0.27. The lowest was 0.01. And the median was 0.01.

HKSE:00582's Cyclically Adjusted PB Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.44
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Shin Hwa World's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$14.397. 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$139.71 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Hwa World Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shin Hwa World'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.

Shin Hwa World Cyclically Adjusted PB Ratio Chart

Shin Hwa World 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 - - 0.01 0.01 -

Shin Hwa World 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 - 0.01 - - -

Competitive Comparison of Shin Hwa World's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Shin Hwa World'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.


Shin Hwa World's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Shin Hwa World's Cyclically Adjusted PB Ratio falls into.



Shin Hwa World 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.

Shin Hwa World's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.185/139.71
=0.00

* 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.

Shin Hwa World's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shin Hwa World'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)
=14.397/117.2957*117.2957
=14.397

Current CPI (Dec23) = 117.2957.

Shin Hwa World Annual Data

Book Value per Share CPI Adj_Book
201412 700.576 99.707 824.161
201512 173.041 102.015 198.960
201612 149.058 103.225 169.377
201712 45.030 104.984 50.311
201812 40.878 107.622 44.552
201912 33.270 110.700 35.252
202012 24.370 109.711 26.055
202112 17.128 112.349 17.882
202212 15.780 114.548 16.159
202312 14.397 117.296 14.397

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.


Shin Hwa World  (HKSE:00582) 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.


Shin Hwa World Cyclically Adjusted PB Ratio Related Terms

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


Shin Hwa World Business Description

Traded in Other Exchanges
N/A
Address
Nos. 168-200 Connaught Road Central, Units 1412-1413, 14th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Shin Hwa World Ltd is an investment holding company. The company's operating segment includes Integrated Resort Development, Gaming Business, and Property Development. It generates maximum revenue from the Integrated Resort Development segment, which develops and operates integrated leisure and entertainment resorts. Geographically, it derives revenue from South Korea.
Executives
Resplendence Investment Development Limited 2101 Beneficial owner
Zhang Tingting 2201 Interest of corporation controlled by you
Lam Pauline 2101 Beneficial owner
Wealth Millennium Limited 2101 Beneficial owner
Xu Ning 2202 Interest of your spouse
Yang Zhihui 2201 Interest of corporation controlled by you
Lan Ding Guo Ji You Xian Gong Si 2101 Beneficial owner
Tinmark Development Limited
Yao Jianhui

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