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Golden Wheel Tiandi Holdings Co (HKSE:01232) Cyclically Adjusted PB Ratio : 0.02 (As of Jun. 03, 2025)


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What is Golden Wheel Tiandi Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Golden Wheel Tiandi Holdings Co's current share price is HK$0.37. Golden Wheel Tiandi Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$21.62. Golden Wheel Tiandi Holdings Co's Cyclically Adjusted PB Ratio for today is 0.02.

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

HKSE:01232' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.05
Current: 0.02

During the past 13 years, Golden Wheel Tiandi Holdings Co's highest Cyclically Adjusted PB Ratio was 0.05. The lowest was 0.01. And the median was 0.02.

HKSE:01232's Cyclically Adjusted PB Ratio is ranked better than
99.03% of 1343 companies
in the Real Estate industry
Industry Median: 0.69 vs HKSE:01232: 0.02

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.

Golden Wheel Tiandi Holdings Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$-0.554. 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$21.62 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Wheel Tiandi Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Golden Wheel Tiandi Holdings 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.

Golden Wheel Tiandi Holdings Co Cyclically Adjusted PB Ratio Chart

Golden Wheel Tiandi Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 0.01 0.03

Golden Wheel Tiandi Holdings Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.04 - 0.01 - 0.03

Competitive Comparison of Golden Wheel Tiandi Holdings Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Golden Wheel Tiandi Holdings 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.


Golden Wheel Tiandi Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden Wheel Tiandi Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Golden Wheel Tiandi Holdings Co's Cyclically Adjusted PB Ratio falls into.


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Golden Wheel Tiandi Holdings 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.

Golden Wheel Tiandi Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.37/21.62
=0.02

* 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.

Golden Wheel Tiandi Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Golden Wheel Tiandi Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.554/114.8925*114.8925
=-0.554

Current CPI (Dec24) = 114.8925.

Golden Wheel Tiandi Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201512 24.595 100.600 28.089
201612 24.443 102.600 27.372
201712 28.513 104.500 31.349
201812 29.042 106.500 31.331
201912 29.739 111.200 30.727
202012 31.746 111.500 32.712
202112 19.360 113.108 19.665
202212 11.104 115.116 11.082
202312 4.457 114.781 4.461
202412 -0.554 114.893 -0.554

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.


Golden Wheel Tiandi Holdings Co  (HKSE:01232) 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.


Golden Wheel Tiandi Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Golden Wheel Tiandi Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Hanzhong Road, 33rd Floor, Golden Wheel International Plaza, Nanjing, CHN
Golden Wheel Tiandi Holdings Co Ltd is an investment holding company. Through its subsidiaries, it is engaged in three segments, namely Property development, which involves the development and sale of properties, Property leasing, which involves Property leasing (including the lease of self-owned properties and sub-lease of rented properties), and hotel operation. The majority of its revenue comes from the sale of the group's developed properties. Its geographical segments are Mainland China and Hong Kong, of which the company's majority revenue comes from Mainland China.
Executives
Wong Kam Fai 2101 Beneficial owner
Wong Kam Keung Barry 2101 Beneficial owner
Janata Suwita
Wong Yam Yin
Golden Wheel Realty Company Limited 2101 Beneficial owner
Hung So Ling 2201 Interest of corporation controlled by you

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