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A Metaverse Co (HKSE:01616) Cyclically Adjusted PB Ratio : 0.03 (As of Jun. 06, 2024)


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What is A Metaverse Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), A Metaverse Co's current share price is HK$0.022. A Metaverse Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.80. A Metaverse Co's Cyclically Adjusted PB Ratio for today is 0.03.

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

HKSE:01616' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 0.19
Current: 0.02

During the past 13 years, A Metaverse Co's highest Cyclically Adjusted PB Ratio was 0.19. The lowest was 0.01. And the median was 0.15.

HKSE:01616's Cyclically Adjusted PB Ratio is ranked better than
99.42% of 688 companies
in the Media - Diversified industry
Industry Median: 1.13 vs HKSE:01616: 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.

A Metaverse Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.103. 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$0.80 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


A Metaverse Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A Metaverse 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.

A Metaverse Co Cyclically Adjusted PB Ratio Chart

A Metaverse 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 - 0.19 0.17 0.17 0.04

A Metaverse Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.17 - 0.17 - 0.04

Competitive Comparison of A Metaverse Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, A Metaverse 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.


A Metaverse Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, A Metaverse Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where A Metaverse Co's Cyclically Adjusted PB Ratio falls into.



A Metaverse 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.

A Metaverse Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.022/0.8
=0.03

* 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.

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

For example, A Metaverse 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)
=0.103/114.7809*114.7809
=0.103

Current CPI (Dec23) = 114.7809.

A Metaverse Co Annual Data

Book Value per Share CPI Adj_Book
201412 0.942 99.000 1.092
201512 1.111 100.600 1.268
201612 1.169 102.600 1.308
201712 1.144 104.500 1.257
201812 0.863 106.500 0.930
201912 0.907 111.200 0.936
202012 0.731 111.500 0.753
202112 0.249 113.108 0.253
202212 0.114 115.116 0.114
202312 0.103 114.781 0.103

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.


A Metaverse Co  (HKSE:01616) 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.


A Metaverse Co Cyclically Adjusted PB Ratio Related Terms

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A Metaverse Co (HKSE:01616) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Zuojiazhuangdongli, 102, Tower C, Shangkangcheng, Chaoyang District, Beijing, CHN
A Metaverse Co is an investment holding company. The business activity of the company is operated through Media segment. The Media segment produces, distributes and licenses television drama series and provision of related services. Geographically, it derives a majority of revenue from China.
Executives
Cinedigm Corp. 2101 Beneficial owner
Aim Right Ventures Limited 2201 Interest of corporation controlled by you
Liu Zhihua 2201 Interest of corporation controlled by you
Link Wealth Holding Limited 2101 Beneficial owner
Beitai Investment Limited
Deng Di 2101 Beneficial owner
Wang Jian
Beitai Investment Lp
Shen Si 2202 Interest of your spouse
Jin Peng 2201 Interest of corporation controlled by you
Emerge Ventures Limited 2101 Beneficial owner
Zhu Shanshan 2202 Interest of your spouse
Deng Di 2201 Interest of corporation controlled by you
Wang Lingli 2202 Interest of your spouse
Liu Dong 2201 Interest of corporation controlled by you

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