China Frontier Technology Group (HKSE:01661) Cyclically Adjusted PB Ratio : 0.19 (As of Sep. 25, 2024)

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What is China Frontier Technology Group Cyclically Adjusted PB Ratio?

As of today (2024-09-25), China Frontier Technology Group's current share price is HK$0.129. China Frontier Technology Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.67. China Frontier Technology Group's Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for China Frontier Technology Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01661' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.12 Max: 0.31
Current: 0.19

During the past 12 years, China Frontier Technology Group's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.06. And the median was 0.12.

HKSE:01661's Cyclically Adjusted PB Ratio is ranked better than
91.06% of 604 companies
in the Media - Diversified industry
Industry Median: 1.09 vs HKSE:01661: 0.19

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.

China Frontier Technology Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.254. 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$0.67 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

China Frontier Technology Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Frontier Technology 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.

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China Frontier Technology Group Cyclically Adjusted PB Ratio Chart

China Frontier Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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0.21

0.11

0.08

China Frontier Technology Group 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															-	0.11	-	0.08	-

Competitive Comparison of China Frontier Technology Group's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, China Frontier Technology 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.

China Frontier Technology Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Frontier Technology Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Frontier Technology Group's Cyclically Adjusted PB Ratio falls into.

China Frontier Technology 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.

China Frontier Technology Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.129	/	0.67
	=	0.19

China Frontier Technology Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Frontier Technology Group'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)
	=	0.254	/	114.7809	*	114.7809
	=	0.254

Current CPI (Dec23) = 114.7809.

China Frontier Technology Group Annual Data

	Book Value per Share	CPI	Adj_Book
201412	0.934	99.000	1.083
201512	0.823	100.600	0.939
201612	0.834	102.600	0.933
201712	0.902	104.500	0.991
201812	0.809	106.500	0.872
201912	0.414	111.200	0.427
202012	0.417	111.500	0.429
202112	0.411	113.108	0.417
202212	0.323	115.116	0.322
202312	0.254	114.781	0.254

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.

China Frontier Technology Group (HKSE:01661) 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.

China Frontier Technology Group Cyclically Adjusted PB Ratio Related Terms

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China Frontier Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Frontier Technology Group (HKSE:01661) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Xinyuanli Road, 7th Floor, Block 1, Kunsuo Center, Chaoyang District, Beijing, CHN, 100027

Website

https://www.wisdomsports.com.cn

Wisdom Sports Group engages in the diversified media industry and provides event services, operations, and branding services in China. The company is divided into two business segments: the Wisdom Events segment and the Wisdom Program and Branding segment. The Wisdom Events segment organizes and promotes various international and domestic sporting events. The Wisdom Program and Branding segment focuses primarily on the production, distribution, and advertisement of televised sporting events.

Executives

Ren Guozun (alias: Wen)	2201 Interest of corporation controlled by you
Hknd Limited	2101 Beneficial owner
Wang Zhihan	2201 Interest of corporation controlled by you
Queen Media Co., Ltd.	2101 Beneficial owner
Nd Medical Technology Limited	2101 Beneficial owner
Wu Meizhen	2201 Interest of corporation controlled by you

China Frontier Technology Group Headlines

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