/term/cyclically-adjusted-pb-ratio/HKSE:00637 Lee Kee Holdings (HKSE:00637) Cyclically Adjusted PB Ratio
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Lee Kee Holdings (HKSE:00637) Cyclically Adjusted PB Ratio : 0.11 (As of Jun. 20, 2024)


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What is Lee Kee Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Lee Kee Holdings's current share price is HK$0.15. Lee Kee Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was HK$1.32. Lee Kee Holdings's Cyclically Adjusted PB Ratio for today is 0.11.

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

HKSE:00637' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.24   Max: 0.8
Current: 0.11

During the past 13 years, Lee Kee Holdings's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.10. And the median was 0.24.

HKSE:00637's Cyclically Adjusted PB Ratio is ranked better than
89.05% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs HKSE:00637: 0.11

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.

Lee Kee Holdings's adjusted book value per share data of for the fiscal year that ended in Mar23 was HK$1.054. 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$1.32 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lee Kee Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lee Kee 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.

Lee Kee Holdings Cyclically Adjusted PB Ratio Chart

Lee Kee Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.21 0.20 0.15 -

Lee Kee Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.20 - 0.15 - -

Competitive Comparison of Lee Kee Holdings's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Lee Kee 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.


Lee Kee Holdings's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lee Kee Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lee Kee 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.

Lee Kee Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.15/1.32
=0.11

* 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.

Lee Kee Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Lee Kee Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.054/115.4269*115.4269
=1.054

Current CPI (Mar23) = 115.4269.

Lee Kee Holdings Annual Data

Book Value per Share CPI Adj_Book
201403 1.353 95.749 1.631
201503 1.378 99.927 1.592
201603 1.216 102.785 1.366
201703 1.265 103.335 1.413
201803 1.340 105.973 1.460
201903 1.219 108.172 1.301
202003 1.041 110.920 1.083
202103 1.088 111.579 1.126
202203 1.114 113.558 1.132
202303 1.054 115.427 1.054

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.


Lee Kee Holdings  (HKSE:00637) 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.


Lee Kee Holdings Cyclically Adjusted PB Ratio Related Terms

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Lee Kee Holdings (HKSE:00637) Business Description

Traded in Other Exchanges
N/A
Address
16 Dai Fat Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Lee Kee Holdings Ltd is involved in the production and distribution of metals, along with quality assurance and testing, technical consultancy, and futures brokerage services. The company is engaged in the trading of zinc, zinc alloy, nickel, nickel-related products, aluminum, aluminum alloy, stainless steel, and other electroplating chemical products. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chan Ka Chun Patrick 2501 Other
Okusako Chan Pui Shan Lillian 2501 Other

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