GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Capital VC Ltd (HKSE:02324) » Definitions » Cyclically Adjusted PB Ratio

Capital VC (HKSE:02324) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 23, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Capital VC Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Capital VC's current share price is HK$0.14. Capital VC's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was HK$40.79. Capital VC's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past 13 years, Capital VC's highest Cyclically Adjusted PB Ratio was 0.06. The lowest was 0.01. And the median was 0.02.

HKSE:02324's Cyclically Adjusted PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.16
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Capital VC's adjusted book value per share data of for the fiscal year that ended in Sep23 was HK$0.761. 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$40.79 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital VC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capital VC'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.

Capital VC Cyclically Adjusted PB Ratio Chart

Capital VC Annual Data
Trend Jun14 Jun15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Capital VC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Capital VC's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Capital VC'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.


Capital VC's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital VC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Capital VC 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.

Capital VC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.14/40.79
=0.00

* 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.

Capital VC's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Capital VC's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.761/116.0865*116.0865
=0.761

Current CPI (Sep23) = 116.0865.

Capital VC Annual Data

Book Value per Share CPI Adj_Book
201406 89.687 96.409 107.993
201506 226.955 99.267 265.409
201609 17.909 102.565 20.270
201709 3.558 103.994 3.972
201809 2.670 106.852 2.901
201909 1.986 110.260 2.091
202009 1.629 107.512 1.759
202109 1.533 109.051 1.632
202209 1.116 113.778 1.139
202309 0.761 116.087 0.761

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.


Capital VC  (HKSE:02324) 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.


Capital VC Cyclically Adjusted PB Ratio Related Terms

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


Capital VC (HKSE:02324) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Room 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Capital VC Ltd is an investment holding company. The company's operating segment includes Investment in listed securities and unlisted bonds and Investment in unlisted securities. Its investment portfolio covers a wide range of business sectors, including companies engaged in sectors such as finance, consumer goods and consumer services, media, manufacturing, and construction. Key revenue comes from investment in listed and unlisted bonds.

Capital VC (HKSE:02324) Headlines

No Headlines