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Alltronics Holdings (HKSE:00833) Cyclically Adjusted PB Ratio : 0.54 (As of Jun. 18, 2024)


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What is Alltronics Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Alltronics Holdings's current share price is HK$0.60. Alltronics Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.12. Alltronics Holdings's Cyclically Adjusted PB Ratio for today is 0.54.

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

HKSE:00833' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 2.36   Max: 7.45
Current: 0.49

During the past 13 years, Alltronics Holdings's highest Cyclically Adjusted PB Ratio was 7.45. The lowest was 0.40. And the median was 2.36.

HKSE:00833's Cyclically Adjusted PB Ratio is ranked better than
86.65% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs HKSE:00833: 0.49

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.

Alltronics Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$1.357. 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$1.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alltronics Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alltronics 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.

Alltronics Holdings Cyclically Adjusted PB Ratio Chart

Alltronics Holdings 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 0.92 1.05 0.59 0.51 0.43

Alltronics Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 0.59 - 0.51 - 0.43

Competitive Comparison of Alltronics Holdings's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Alltronics 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.


Alltronics Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alltronics Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alltronics 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.60/1.12
=0.54

* 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.

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

For example, Alltronics 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)
=1.357/117.2957*117.2957
=1.357

Current CPI (Dec23) = 117.2957.

Alltronics Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.750 99.707 0.882
201512 0.916 102.015 1.053
201612 1.039 103.225 1.181
201712 1.156 104.984 1.292
201812 1.213 107.622 1.322
201912 0.679 110.700 0.719
202012 0.956 109.711 1.022
202112 1.073 112.349 1.120
202212 1.245 114.548 1.275
202312 1.357 117.296 1.357

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.


Alltronics Holdings  (HKSE:00833) 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.


Alltronics Holdings Cyclically Adjusted PB Ratio Related Terms

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


Alltronics Holdings (HKSE:00833) Business Description

Traded in Other Exchanges
N/A
Address
18 Whitfield Road, Unit 408, 4th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Alltronics Holdings Ltd is an investment holding company. The group has three reportable operating segments as follows: Electronic Products, Biodiesel Products and Energy Saving Business. The Electronic Products segment is engaged in the manufacturing and trading of electronic products, plastic moulds, plastic and other components for electronic products. The Biodiesel Products segment is engaged in the trading of biodiesel products in Hong Kong, and the Energy Saving Business segment is involved in the provision of energy-saving business solutions to customers. The majority of its revenue is derived from Electronic Products. Its primary geographic markets include the United States, Hong Kong, Europe, PRC and other overseas countries.
Executives
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Lam Yin Kee 2101 Beneficial owner
Yeung Po Wah 2202 Interest of your spouse
Liu Jing 2101 Beneficial owner
Profit International Holdings Limited 2101 Beneficial owner
Lijiang Investment Holdings Limited 2101 Beneficial owner

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