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Beijing Health (Holdings) (HKSE:02389) Cyclically Adjusted PB Ratio : 0.19 (As of May. 31, 2025)


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What is Beijing Health (Holdings) Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Beijing Health (Holdings)'s current share price is HK$0.081. Beijing Health (Holdings)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$0.42. Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:02389' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.33   Max: 2.43
Current: 0.19

During the past 13 years, Beijing Health (Holdings)'s highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 0.14. And the median was 0.33.

HKSE:02389's Cyclically Adjusted PB Ratio is ranked better than
92.96% of 341 companies
in the Healthcare Providers & Services industry
Industry Median: 1.94 vs HKSE:02389: 0.19

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.

Beijing Health (Holdings)'s adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$0.283. 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$0.42 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Health (Holdings) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beijing Health (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.

Beijing Health (Holdings) Cyclically Adjusted PB Ratio Chart

Beijing Health (Holdings) 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 0.35 0.21 0.16 0.15 0.18

Beijing Health (Holdings) 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 0.16 - 0.15 - 0.18

Competitive Comparison of Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Beijing Health (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.


Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio falls into.


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Beijing Health (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.

Beijing Health (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.081/0.42
=0.19

* 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.

Beijing Health (Holdings)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Beijing Health (Holdings)'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)
=0.283/118.9447*118.9447
=0.283

Current CPI (Dec24) = 118.9447.

Beijing Health (Holdings) Annual Data

Book Value per Share CPI Adj_Book
201512 0.434 102.015 0.506
201612 0.415 103.225 0.478
201712 0.478 104.984 0.542
201812 0.470 107.622 0.519
201912 0.389 110.700 0.418
202012 0.375 109.711 0.407
202112 0.377 112.349 0.399
202212 0.336 114.548 0.349
202312 0.311 117.296 0.315
202412 0.283 118.945 0.283

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.


Beijing Health (Holdings)  (HKSE:02389) 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.


Beijing Health (Holdings) Cyclically Adjusted PB Ratio Related Terms

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


Beijing Health (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
909 Cheung Sha Wan Road, Unit 2704, 27th Floor, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Beijing Health (Holdings) Ltd is engaged in the provision of medical care, health care, and geriatric care-related services and products in the PRC. Its business segments are Geriatric Care, Medical and Health, and Health Industrial Park.
Executives
Lin Chih-lung 2101 Beneficial owner
China Vista Capital Limited 2101 Beneficial owner
China Vista Investment Limited 2201 Interest of corporation controlled by you
Beijing Financial Investment Holdings Limited 2106 Person having a security interest in shares
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Real Estate (hk) Limited 2201 Interest of corporation controlled by you
Beijing Properties (holdings) Limited 2201 Interest of corporation controlled by you
Cosmic Stand International Limited 2101 Beneficial owner

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