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Imperial Pacific International Holdings (HKSE:01076) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Imperial Pacific International Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Pacific International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Imperial Pacific 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.

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Imperial Pacific International Holdings Cyclically Adjusted PB Ratio Chart

Imperial Pacific International Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Imperial Pacific International Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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Competitive Comparison of Imperial Pacific International Holdings's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Imperial Pacific 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.


Imperial Pacific International Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Imperial Pacific International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Imperial Pacific 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.

Imperial Pacific International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Imperial Pacific International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=-1.168/112.3488*112.3488
=-1.168

Current CPI (Dec21) = 112.3488.

Imperial Pacific International Holdings Annual Data

Book Value per Share CPI Adj_Book
201212 0.025 91.132 0.031
201312 0.023 95.090 0.027
201412 0.128 99.707 0.144
201512 0.248 102.015 0.273
201612 0.404 103.225 0.440
201712 0.539 104.984 0.577
201812 0.125 107.622 0.130
201912 0.017 110.700 0.017
202012 -1.016 109.711 -1.040
202112 -1.168 112.349 -1.168

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.


Imperial Pacific International Holdings  (HKSE:01076) 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.


Imperial Pacific International Holdings Cyclically Adjusted PB Ratio Related Terms

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Imperial Pacific International Holdings (HKSE:01076) Business Description

Traded in Other Exchanges
N/A
Address
145 Hennessy Road, 22nd Floor, On Hong Commercial Building, Wanchai, Hong Kong, HKG
Imperial Pacific International Holdings Ltd is an investment holdings company with interests in the resorts and casinos industry. The company has one business segment, Gaming and Resort, that develops integrated resorts with casinos, hotels, restaurants, leisure facilities, and retail spaces. The company has a few other investment operations such as processing frozen food products and developing and leasing investment properties.

Imperial Pacific International Holdings (HKSE:01076) Headlines

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