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Zhong Ao Home Group (HKSE:01538) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 04, 2025)


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What is Zhong Ao Home Group Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Zhong Ao Home Group's current share price is HK$0.34. Zhong Ao Home Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$1.03. Zhong Ao Home Group's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for Zhong Ao Home Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01538' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.35   Max: 0.45
Current: 0.32

During the past 11 years, Zhong Ao Home Group's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.27. And the median was 0.35.

HKSE:01538's Cyclically Adjusted PB Ratio is ranked better than
73.11% of 1350 companies
in the Real Estate industry
Industry Median: 0.69 vs HKSE:01538: 0.32

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.

Zhong Ao Home Group's adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$1.299. 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$1.03 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhong Ao Home Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhong Ao Home Group'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.

Zhong Ao Home Group Cyclically Adjusted PB Ratio Chart

Zhong Ao Home Group 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 - - - 0.47 0.29

Zhong Ao Home Group 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 - - 0.47 - 0.29

Competitive Comparison of Zhong Ao Home Group's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Zhong Ao Home Group'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.


Zhong Ao Home Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong Ao Home Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhong Ao Home Group's Cyclically Adjusted PB Ratio falls into.


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Zhong Ao Home Group 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.

Zhong Ao Home Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.34/1.03
=0.33

* 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.

Zhong Ao Home Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Zhong Ao Home Group'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)
=1.299/114.8925*114.8925
=1.299

Current CPI (Dec24) = 114.8925.

Zhong Ao Home Group Annual Data

Book Value per Share CPI Adj_Book
201512 0.753 100.600 0.860
201612 0.544 102.600 0.609
201712 0.727 104.500 0.799
201812 0.787 106.500 0.849
201912 0.923 111.200 0.954
202012 1.130 111.500 1.164
202112 1.289 113.108 1.309
202212 1.198 115.116 1.196
202312 1.242 114.781 1.243
202412 1.299 114.893 1.299

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.


Zhong Ao Home Group  (HKSE:01538) 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.


Zhong Ao Home Group Cyclically Adjusted PB Ratio Related Terms

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Zhong Ao Home Group Business Description

Traded in Other Exchanges
N/A
Address
2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Center, Chencun Town, Shunde District, Foshan, CHN
Zhong Ao Home Group Ltd is an investment holding company mainly engaged in the provision of property management services, sales assistance services, provision of cleaning and greening services, and provision of real estate agency services in the People's Republic of China. All of the activities are carried out across China, which represents the Southern Region, the Eastern and Central Region, and the Northern Region. It generates a vast majority of its revenues from the property management business.
Executives
Liu Jian 2307 Founder of a discretionary trust who can infl
Hilton Assets (ptc) Limited 2301 Trustee
Qichang International Limited 2101 Beneficial owner
Greentown Service Group Co. Ltd. 2101 Beneficial owner

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