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Lerado Financial Group Co (HKSE:01225) Cyclically Adjusted PB Ratio : 0.01 (As of Sep. 22, 2024)


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What is Lerado Financial Group Co Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Lerado Financial Group Co's current share price is HK$0.123. Lerado Financial Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$10.99. Lerado Financial Group Co's Cyclically Adjusted PB Ratio for today is 0.01.

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

HKSE:01225' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.84
Current: 0.01

During the past 13 years, Lerado Financial Group Co's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.01. And the median was 0.03.

HKSE:01225's Cyclically Adjusted PB Ratio is ranked better than
99.78% of 446 companies
in the Capital Markets industry
Industry Median: 1.17 vs HKSE:01225: 0.01

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.

Lerado Financial Group Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$1.861. 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$10.99 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lerado Financial Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lerado Financial Group 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.

Lerado Financial Group Co Cyclically Adjusted PB Ratio Chart

Lerado Financial Group 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 0.03 0.04 0.01 0.01 0.02

Lerado Financial Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 - 0.01 - 0.02 -

Competitive Comparison of Lerado Financial Group Co's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Lerado Financial Group 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.


Lerado Financial Group Co's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lerado Financial Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lerado Financial Group Co's Cyclically Adjusted PB Ratio falls into.



Lerado Financial Group 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.

Lerado Financial Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.123/10.99
=0.01

* 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.

Lerado Financial Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Lerado Financial Group Co'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)
=1.861/117.2957*117.2957
=1.861

Current CPI (Dec23) = 117.2957.

Lerado Financial Group Co Annual Data

Book Value per Share CPI Adj_Book
201412 36.113 99.707 42.484
201512 23.116 102.015 26.578
201612 7.923 103.225 9.003
201712 5.631 104.984 6.291
201812 5.184 107.622 5.650
201912 4.809 110.700 5.096
202012 4.837 109.711 5.171
202112 4.583 112.349 4.785
202212 2.957 114.548 3.028
202312 1.861 117.296 1.861

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.


Lerado Financial Group Co  (HKSE:01225) 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.


Lerado Financial Group Co Cyclically Adjusted PB Ratio Related Terms

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


Lerado Financial Group Co Business Description

Traded in Other Exchanges
N/A
Address
59-67 Bonham Strand West, Flat F&G, 4th Floor., Golden Sun Centre, Sheung Wan, Hong Kong, HKG
Lerado Financial Group Co Ltd is an investment holding company. It is engaged in providing financial services including, securities broking, margin financing, and money lending as well as manufacturing and distributing children's plastic toys and medical care products like mobility aid and other medical equipment. The operating segments of the group are Medical products and plastic toys business; Securities brokerage business and asset management services; and Money lending business and other financial services. It derives key revenue from the Medical products and plastic toys business segment which involves the manufacturing and distribution of medical care products and plastic toys. It has a business presence in Hong Kong, Europe, the U.S., the PRC, Australia, South America, and others.

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