GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shuoao International Holdings Ltd (HKSE:02336) » Definitions » Cyclically Adjusted PB Ratio

Shuoao International Holdings (HKSE:02336) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 19, 2024)


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

What is Shuoao International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Shuoao International Holdings's current share price is HK$0.121. Shuoao International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.25. Shuoao International Holdings's Cyclically Adjusted PB Ratio for today is 0.48.

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

HKSE:02336' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 4   Max: 26.8
Current: 0.49

During the past 13 years, Shuoao International Holdings's highest Cyclically Adjusted PB Ratio was 26.80. The lowest was 0.39. And the median was 4.00.

HKSE:02336's Cyclically Adjusted PB Ratio is ranked better than
91.72% of 688 companies
in the Semiconductors industry
Industry Median: 2.585 vs HKSE:02336: 0.49

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.

Shuoao International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.196. 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$0.25 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shuoao International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shuoao International Holdings'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.

Shuoao International Holdings Cyclically Adjusted PB Ratio Chart

Shuoao International Holdings 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 2.34 0.98 0.53 0.68 0.69

Shuoao International Holdings 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 0.53 - 0.68 - 0.69

Competitive Comparison of Shuoao International Holdings's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Shuoao International Holdings'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.


Shuoao International Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shuoao International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shuoao International Holdings's Cyclically Adjusted PB Ratio falls into.



Shuoao International Holdings 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.

Shuoao International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.121/0.25
=0.48

* 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.

Shuoao International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shuoao International Holdings'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)
=0.196/117.2957*117.2957
=0.196

Current CPI (Dec23) = 117.2957.

Shuoao International Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.117 99.707 0.138
201512 0.276 102.015 0.317
201612 0.254 103.225 0.289
201712 0.263 104.984 0.294
201812 0.240 107.622 0.262
201912 0.242 110.700 0.256
202012 0.256 109.711 0.274
202112 0.222 112.349 0.232
202212 0.202 114.548 0.207
202312 0.196 117.296 0.196

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.


Shuoao International Holdings  (HKSE:02336) 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.


Shuoao International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Shuoao International Holdings (HKSE:02336) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Des Voeux Road Central, Office 18, 6th Floor, World-wide House, Hong Kong, HKG
Shuoao International Holdings Ltd Formerly Hailiang International Holdings Ltd is an investment holding company engaged in the business of the sale of metals, the development and provision of electronic turnkey device solutions, and property development. The company operates in three segments Sale of metals, Development and provision of electronic turnkey device solutions, and Property development segment. It earns the majority of its revenue from the sale of metals segment. Geographically, it derives maximum revenue from Hong Kong and also has a presence in the Singapore, Peoples Republic of China, and other countries.
Executives
Feng Hailiang 2201 Interest of corporation controlled by you
Fu Bang Tou Zi You Xian Gong Si 2101 Beneficial owner
Hai Liang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Ning Bo Zhe Tao Tou Zi Kong Gu You Xian Gong Si Qian Cheng Shang Hai Wei Ze Tou Zi Kong Gu You Xian 2201 Interest of corporation controlled by you

Shuoao International Holdings (HKSE:02336) Headlines

No Headlines