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Viva Goods Co (HKSE:00933) Cyclically Adjusted PB Ratio : 1.34 (As of Dec. 12, 2024)


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What is Viva Goods Co Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Viva Goods Co's current share price is HK$0.79. Viva Goods Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was HK$0.59. Viva Goods Co's Cyclically Adjusted PB Ratio for today is 1.34.

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

HKSE:00933' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.2   Max: 3.48
Current: 1.29

During the past years, Viva Goods Co's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 0.79. And the median was 1.20.

HKSE:00933's Cyclically Adjusted PB Ratio is ranked worse than
52.05% of 803 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.2 vs HKSE:00933: 1.29

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.

Viva Goods Co's adjusted book value per share data for the three months ended in Jun. 2024 was HK$0.787. 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$0.59 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viva Goods Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viva Goods Co'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.

Viva Goods Co Cyclically Adjusted PB Ratio Chart

Viva Goods Co 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 0.97 1.17 2.82 1.98 1.51

Viva Goods Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.98 - 2.48 1.51 1.17

Competitive Comparison of Viva Goods Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Viva Goods Co'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.


Viva Goods Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Viva Goods Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Viva Goods Co's Cyclically Adjusted PB Ratio falls into.



Viva Goods Co 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.

Viva Goods Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.79/0.59
=1.34

* 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.

Viva Goods Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Viva Goods Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.787/117.2957*117.2957
=0.787

Current CPI (Jun. 2024) = 117.2957.

Viva Goods Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 95.749 0.000
201406 0.471 96.409 0.573
201409 0.000 97.948 0.000
201412 0.456 99.707 0.536
201503 0.000 99.927 0.000
201506 0.463 99.267 0.547
201509 0.000 99.927 0.000
201512 0.428 102.015 0.492
201603 0.000 102.785 0.000
201606 0.423 101.686 0.488
201609 0.000 102.565 0.000
201612 0.424 103.225 0.482
201703 0.000 103.335 0.000
201706 0.430 103.664 0.487
201709 0.000 103.994 0.000
201712 0.454 104.984 0.507
201803 0.000 105.973 0.000
201806 0.457 106.193 0.505
201809 0.000 106.852 0.000
201812 0.440 107.622 0.480
201903 0.000 108.172 0.000
201906 0.362 109.601 0.387
201909 0.000 110.260 0.000
201912 0.341 110.700 0.361
202003 0.000 110.920 0.000
202006 0.452 110.590 0.479
202009 0.000 107.512 0.000
202012 0.456 109.711 0.488
202103 0.000 111.579 0.000
202106 0.660 111.360 0.695
202109 0.000 109.051 0.000
202112 0.792 112.349 0.827
202203 0.000 113.558 0.000
202206 0.763 113.448 0.789
202209 0.000 113.778 0.000
202212 0.826 114.548 0.846
202303 0.000 115.427 0.000
202306 0.837 115.647 0.849
202312 0.794 117.296 0.794
202406 0.787 117.296 0.787

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.


Viva Goods Co  (HKSE:00933) 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.


Viva Goods Co Cyclically Adjusted PB Ratio Related Terms

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


Viva Goods Co Business Description

Traded in Other Exchanges
N/A
Address
9 Tong Yin Street, 2/F, Pop Office, Tseung Kwan O, New Territories, Hong Kong, HKG
Viva Goods Co Ltd is principally engaged in the operation of multi-brand apparel and footwear business. The company also engages in the sports experience business, including the operation, service provision, and investment of sports destinations, sports competitions, and events, as well as an e-sports club.
Executives
Tmf (cayman) Ltd. 2301 Trustee
Li Ning 2201 Interest of corporation controlled by you
Li Chun 2201 Interest of corporation controlled by you
Li Qilin 2501 Other
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Dragon City Management (ptc) Limited
Li Ying 2202 Interest of your spouse
Zhao Jianguo 2101 Beneficial owner
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