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China Uptown Group Co (HKSE:02330) Cyclically Adjusted PB Ratio : 0.12 (As of Jun. 19, 2024)


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What is China Uptown Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-19), China Uptown Group Co's current share price is HK$0.275. China Uptown Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$2.36. China Uptown Group Co's Cyclically Adjusted PB Ratio for today is 0.12.

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

HKSE:02330' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.84   Max: 7.8
Current: 0.11

During the past 13 years, China Uptown Group Co's highest Cyclically Adjusted PB Ratio was 7.80. The lowest was 0.05. And the median was 0.84.

HKSE:02330's Cyclically Adjusted PB Ratio is ranked better than
90.08% of 1412 companies
in the Real Estate industry
Industry Median: 0.695 vs HKSE:02330: 0.11

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 Uptown Group Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.540. 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$2.36 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Uptown Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Uptown Group 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.

China Uptown Group Co Cyclically Adjusted PB Ratio Chart

China Uptown Group 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 0.32 0.18 0.13 0.08 0.06

China Uptown Group 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 0.13 - 0.08 - 0.06

Competitive Comparison of China Uptown Group Co's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, China Uptown Group 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.


China Uptown Group Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Uptown Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



China Uptown Group 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.

China Uptown Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.275/2.36
=0.12

* 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.

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

For example, China Uptown Group 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)
=0.54/117.2957*117.2957
=0.540

Current CPI (Dec23) = 117.2957.

China Uptown Group Co Annual Data

Book Value per Share CPI Adj_Book
201412 3.153 99.707 3.709
201512 2.802 102.015 3.222
201612 2.634 103.225 2.993
201712 3.073 104.984 3.433
201812 2.464 107.622 2.685
201912 2.737 110.700 2.900
202012 2.269 109.711 2.426
202112 0.972 112.349 1.015
202212 0.699 114.548 0.716
202312 0.540 117.296 0.540

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 Uptown Group Co  (HKSE:02330) 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 Uptown Group Co Cyclically Adjusted PB Ratio Related Terms

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China Uptown Group Co (HKSE:02330) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Suite 1501, 15th Floor, Tower 1, Silvercord, Tsimshatsui, Kowloon, Hong Kong, HKG
China Uptown Group Co Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the business segments of Property development and investment, and Trading of raw cane sugar. The Property development and investment segment develops and sells office premises, commercial and residential properties, and car parking spaces. This segment also generates rental income from investment properties and achieves gain from the appreciation of the property's values in the long term. The Trading of raw cane sugar segment trades raw cane sugar on a worldwide basis.
Executives
Liu Dong 2201 Interest of corporation controlled by you
Ming Hung Fung Company Limited 2101 Beneficial owner
China Sugar Holdings Limited 2101 Beneficial owner
Chen Qiang 2101 Beneficial owner
Liu Zhongxiang 2101 Beneficial owner

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