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Gilston Group (HKSE:02011) Cyclically Adjusted PB Ratio : 2.60 (As of May. 31, 2025)


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What is Gilston Group Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Gilston Group's current share price is HK$1.30. Gilston Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$0.50. Gilston Group's Cyclically Adjusted PB Ratio for today is 2.60.

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

HKSE:02011' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 2.44   Max: 3.97
Current: 2.58

During the past 13 years, Gilston Group's highest Cyclically Adjusted PB Ratio was 3.97. The lowest was 0.82. And the median was 2.44.

HKSE:02011's Cyclically Adjusted PB Ratio is ranked worse than
79.11% of 699 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs HKSE:02011: 2.58

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.

Gilston Group's adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$0.315. 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$0.50 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gilston Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gilston 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.

Gilston Group Cyclically Adjusted PB Ratio Chart

Gilston 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 3.42 3.51 1.36 2.17 2.70

Gilston 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 1.36 - 2.17 - 2.70

Competitive Comparison of Gilston Group's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Gilston 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.


Gilston Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Gilston 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.30/0.50
=2.60

* 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.

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

For example, Gilston 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)
=0.315/118.9447*118.9447
=0.315

Current CPI (Dec24) = 118.9447.

Gilston Group Annual Data

Book Value per Share CPI Adj_Book
201512 0.681 102.015 0.794
201612 0.687 103.225 0.792
201712 0.676 104.984 0.766
201812 0.570 107.622 0.630
201912 0.466 110.700 0.501
202012 0.327 109.711 0.355
202112 0.305 112.349 0.323
202212 0.332 114.548 0.345
202312 0.221 117.296 0.224
202412 0.315 118.945 0.315

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.


Gilston Group  (HKSE:02011) 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.


Gilston Group Cyclically Adjusted PB Ratio Related Terms

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


Gilston Group Business Description

Traded in Other Exchanges
N/A
Address
Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of revenue.
Executives
Zhong Guo Zhong Xin Jin Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
China Sun Corporation 2101 Beneficial owner
Qiu Chuanzhi 2201 Interest of corporation controlled by you
Central Eagle Limited 2101 Beneficial owner
Wu Jingming 2201 Interest of corporation controlled by you
Chan Ho Yin 2501 Other
Li Kin Long Kenny 2501 Other
Yip Siu Lun Dave 2101 Beneficial owner
Golden Diamond Inc. 2101 Beneficial owner
Lin Ping 2201 Interest of corporation controlled by you
Mak Yung Pan Andrew 2201 Interest of corporation controlled by you
Zhuang Weidong 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Farco Holdings Limited 2101 Beneficial owner
Qi Wei 2201 Interest of corporation controlled by you

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