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Bossini International Holdings (HKSE:00592) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 07, 2024)


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What is Bossini International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Bossini International Holdings's current share price is HK$0.112. Bossini International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.40. Bossini International Holdings's Cyclically Adjusted PB Ratio for today is 0.28.

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

HKSE:00592' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.87   Max: 2.74
Current: 0.28

During the past 13 years, Bossini International Holdings's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.21. And the median was 0.87.

HKSE:00592's Cyclically Adjusted PB Ratio is ranked better than
88.58% of 762 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs HKSE:00592: 0.28

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.

Bossini International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.062. 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$0.40 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bossini International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bossini International 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.

Bossini International Holdings Cyclically Adjusted PB Ratio Chart

Bossini International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.59 1.67 1.20 0.39

Bossini International Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 1.67 - 1.20 - 0.39

Competitive Comparison of Bossini International Holdings's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Bossini International 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.


Bossini International Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bossini International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bossini International Holdings's Cyclically Adjusted PB Ratio falls into.



Bossini International 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.

Bossini International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.112/0.4
=0.28

* 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.

Bossini International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bossini International Holdings'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)
=0.062/117.2957*117.2957
=0.062

Current CPI (Dec23) = 117.2957.

Bossini International Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 0.484 96.409 0.589
201506 0.484 99.267 0.572
201606 0.595 101.686 0.686
201706 0.573 103.664 0.648
201806 0.525 106.193 0.580
201906 0.419 109.601 0.448
202006 0.168 110.590 0.178
202106 0.178 111.360 0.187
202212 0.048 114.548 0.049
202312 0.062 117.296 0.062

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.


Bossini International Holdings  (HKSE:00592) 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.


Bossini International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Bossini International Holdings (HKSE:00592) Business Description

Traded in Other Exchanges
N/A
Address
9 Tong Yin Street, 2nd Floor, PopOffice, Tseung Kwan O, Kowloon, Hong Kong, HKG
Bossini International Holdings Ltd is an investment holding company. It is engaged in the retailing, distribution, and wholesaling of garments. The company's geographical segment includes Hong Kong and Macau; Mainland China and Singapore. It generates maximum revenue from the Hong Kong and Macau segment. The company offers casual wear apparel products including men's, ladies and kid's wear.
Executives
Law Ching Kit Bosco 2101 Beneficial owner
Viva China Holdings Limited 2201 Interest of corporation controlled by you
Keystar Limited
Li Ning 2201 Interest of corporation controlled by you
Li Chun 2201 Interest of corporation controlled by you
Dragon Leap Developments Limited 2101 Beneficial owner

Bossini International Holdings (HKSE:00592) Headlines

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