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Evergreen Products Group (HKSE:01962) Cyclically Adjusted PB Ratio : 0.44 (As of Jun. 23, 2024)


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What is Evergreen Products Group Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Evergreen Products Group's current share price is HK$0.47. Evergreen Products Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.07. Evergreen Products Group's Cyclically Adjusted PB Ratio for today is 0.44.

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

HKSE:01962' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.46   Max: 0.5
Current: 0.43

During the past 10 years, Evergreen Products Group's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.42. And the median was 0.46.

HKSE:01962's Cyclically Adjusted PB Ratio is ranked better than
86.53% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs HKSE:01962: 0.43

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.

Evergreen Products Group's adjusted book value per share data of for the fiscal year that ended in Dec23 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$1.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergreen Products Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Evergreen Products 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.

Evergreen Products Group Cyclically Adjusted PB Ratio Chart

Evergreen Products Group 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 - - - - 0.49

Evergreen Products Group Semi-Annual Data
Dec14 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 - - - - 0.49

Competitive Comparison of Evergreen Products Group's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Evergreen Products 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.


Evergreen Products Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Evergreen Products Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Evergreen Products Group's Cyclically Adjusted PB Ratio falls into.



Evergreen Products 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.

Evergreen Products Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.47/1.07
=0.44

* 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.

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

For example, Evergreen Products 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)
=1.299/117.2957*117.2957
=1.299

Current CPI (Dec23) = 117.2957.

Evergreen Products Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.448 99.707 0.527
201512 0.367 102.015 0.422
201612 0.425 103.225 0.483
201712 1.093 104.984 1.221
201812 1.158 107.622 1.262
201912 1.306 110.700 1.384
202012 1.271 109.711 1.359
202112 1.338 112.349 1.397
202212 1.307 114.548 1.338
202312 1.299 117.296 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.


Evergreen Products Group  (HKSE:01962) 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.


Evergreen Products Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Evergreen Products Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Evergreen Products Group (HKSE:01962) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.
Executives
Seavi Advent Investments Ltd 2101 Beneficial owner
Clc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited 2101 Beneficial owner
Fc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Golden Evergreen Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Chang Yoe Chong Felix 2101 Beneficial owner
Wong Hor Yan 2202 Interest of your spouse
Chang Chih Lung 2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc 2102 Investment manager

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