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Kingkey Financial International (Holdings) (HKSE:01468) Cyclically Adjusted PB Ratio : 1.72 (As of Jun. 12, 2024)


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What is Kingkey Financial International (Holdings) Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Kingkey Financial International (Holdings)'s current share price is HK$0.189. Kingkey Financial International (Holdings)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was HK$0.11. Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio for today is 1.72.

The historical rank and industry rank for Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01468' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 6.27   Max: 18.64
Current: 1.56

During the past 12 years, Kingkey Financial International (Holdings)'s highest Cyclically Adjusted PB Ratio was 18.64. The lowest was 0.60. And the median was 6.27.

HKSE:01468's Cyclically Adjusted PB Ratio is ranked worse than
65.04% of 452 companies
in the Conglomerates industry
Industry Median: 0.97 vs HKSE:01468: 1.56

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.

Kingkey Financial International (Holdings)'s adjusted book value per share data of for the fiscal year that ended in Mar23 was HK$0.034. 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$0.11 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingkey Financial International (Holdings) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kingkey Financial 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.

* Premium members only.

Kingkey Financial International (Holdings) Cyclically Adjusted PB Ratio Chart

Kingkey Financial International (Holdings) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.63 4.89 16.59

Kingkey Financial International (Holdings) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 4.89 - 16.59 -

Competitive Comparison of Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Kingkey Financial 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.


Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio falls into.



Kingkey Financial 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.

Kingkey Financial International (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.189/0.11
=1.72

* 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.

Kingkey Financial International (Holdings)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Kingkey Financial International (Holdings)'s adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.034/115.4269*115.4269
=0.034

Current CPI (Mar23) = 115.4269.

Kingkey Financial International (Holdings) Annual Data

Book Value per Share CPI Adj_Book
201403 0.114 95.749 0.137
201503 0.125 99.927 0.144
201603 0.101 102.785 0.113
201703 0.109 103.335 0.122
201803 0.120 105.973 0.131
201903 0.100 108.172 0.107
202003 0.088 110.920 0.092
202103 0.088 111.579 0.091
202203 0.118 113.558 0.120
202303 0.034 115.427 0.034

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.


Kingkey Financial International (Holdings)  (HKSE:01468) 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.


Kingkey Financial International (Holdings) Cyclically Adjusted PB Ratio Related Terms

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


Kingkey Financial International (Holdings) (HKSE:01468) Business Description

Traded in Other Exchanges
N/A
Address
8 Hok Cheung Street, Hunghom, 902, Harbour Centre, Tower 2, Kowloon, Hong Kong, HKG
Kingkey Financial International (Holdings) Ltd is engaged in the trade of fur skins, fur skins brokerage, mink farming, provision of securities brokerage services, and provision of wealth management services. The operating segments are Securities which involves the operation of securities brokerage, margin financing, underwriting, placing and consultancy services; Insurance brokerage which includes the provision of insurance brokerage and wealth management services; Fur comprising the provision of breeding, farming and sale of livestock and pelted skin, fur skin brokerage and financing services, Asset Management engaged in provision and arrangement of fund management services and assets management services, and Money lending engaged in provision and arrangement of money lending services.
Executives
Kingkey Holdings (international) Limited 2101 Beneficial owner
Chen Jiajun 2201 Interest of corporation controlled by you
Great Return Group Limited 2101 Beneficial owner
East Treasure Enterprises Corporation 2201 Interest of corporation controlled by you
Fong Chu Pong 2201 Interest of corporation controlled by you
Eternity Star Development Limited 2201 Interest of corporation controlled by you
Renhe Holdings Limited 2201 Interest of corporation controlled by you
Chen Jiajun 2201 Interest of corporation controlled by you
Chang Tat Joel 2201 Interest of corporation controlled by you
Lee Cho Man Joe 2201 Interest of corporation controlled by you

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