GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » UBA Investments Ltd (HKSE:00768) » Definitions » Cyclically Adjusted PB Ratio

UBA Investments (HKSE:00768) Cyclically Adjusted PB Ratio : 0.23 (As of Jun. 14, 2024)


View and export this data going back to 2000. Start your Free Trial

What is UBA Investments Cyclically Adjusted PB Ratio?

As of today (2024-06-14), UBA Investments's current share price is HK$0.03. UBA Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was HK$0.13. UBA Investments's Cyclically Adjusted PB Ratio for today is 0.23.

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

HKSE:00768' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.57   Max: 4
Current: 0.28

During the past 13 years, UBA Investments's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 0.13. And the median was 0.57.

HKSE:00768's Cyclically Adjusted PB Ratio is ranked better than
89.85% of 956 companies
in the Asset Management industry
Industry Median: 0.8 vs HKSE:00768: 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.

UBA Investments's adjusted book value per share data of for the fiscal year that ended in Mar23 was HK$0.071. 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$0.13 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


UBA Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UBA Investments'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.

UBA Investments Cyclically Adjusted PB Ratio Chart

UBA Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.29 0.36 0.31 0.28

UBA Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.31 - 0.28 -

Competitive Comparison of UBA Investments's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, UBA Investments'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.


UBA Investments's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, UBA Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



UBA Investments 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.

UBA Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.13
=0.23

* 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.

UBA Investments's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, UBA Investments'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)
=0.071/115.4269*115.4269
=0.071

Current CPI (Mar23) = 115.4269.

UBA Investments Annual Data

Book Value per Share CPI Adj_Book
201403 0.100 95.749 0.121
201503 0.162 99.927 0.187
201603 0.152 102.785 0.171
201703 0.161 103.335 0.180
201803 0.138 105.973 0.150
201903 0.124 108.172 0.132
202003 0.089 110.920 0.093
202103 0.082 111.579 0.085
202203 0.082 113.558 0.083
202303 0.071 115.427 0.071

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.


UBA Investments  (HKSE:00768) 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.


UBA Investments Cyclically Adjusted PB Ratio Related Terms

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


UBA Investments (HKSE:00768) Business Description

Traded in Other Exchanges
N/A
Address
300 Des Voeux Road Central, Flat B, 16th Floor, Wah Kit Commercial Centre, Hong Kong, HKG
UBA Investments Ltd is an investment holding company. It is engaged in investments in a diversified portfolio of listed and unlisted securities. The company's investment portfolio comprises different sectors of businesses including banking, telecommunications, transportation, retail businesses, properties, manufacturing, construction, etc. The group's investment is to maximize profit for shareholders through investment in listed securities with relatively high yields and more stability. It derives revenue from investments in listed and unlisted securities in Hong Kong. the Group has only one single business segment.
Executives
Cheng Wai Lun, Andrew 2305 Beneficiary of a trust
Brilliant Future Limited 2201 Interest of corporation controlled by you
Fung Fai Growth Limited 2101 Beneficial owner
Oceania Development Limited 2201 Interest of corporation controlled by you
Tradewell Development Limited 2201 Interest of corporation controlled by you
Kingswell Holdings Group Limited 2101 Beneficial owner
Leong Chi Wai 2201 Interest of corporation controlled by you

UBA Investments (HKSE:00768) Headlines

No Headlines