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Logan Group Co (HKSE:03380) Cyclically Adjusted PB Ratio : 0.17 (As of Sep. 27, 2024)


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What is Logan Group Co Cyclically Adjusted PB Ratio?

As of today (2024-09-27), Logan Group Co's current share price is HK$1.04. Logan Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$6.27. Logan Group Co's Cyclically Adjusted PB Ratio for today is 0.17.

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

HKSE:03380' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.14   Max: 1.27
Current: 0.14

During the past 12 years, Logan Group Co's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.07. And the median was 0.14.

HKSE:03380's Cyclically Adjusted PB Ratio is ranked better than
86.96% of 1304 companies
in the Real Estate industry
Industry Median: 0.65 vs HKSE:03380: 0.14

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.

Logan Group Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$5.451. 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$6.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logan Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Logan 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.

Logan Group Co Cyclically Adjusted PB Ratio Chart

Logan 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 - - 1.13 0.21 0.10

Logan Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.21 - 0.10 -

Competitive Comparison of Logan Group Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Logan 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.


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

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

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



Logan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.04/6.27
=0.17

* 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.

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

For example, Logan 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)
=5.451/114.7809*114.7809
=5.451

Current CPI (Dec23) = 114.7809.

Logan Group Co Annual Data

Book Value per Share CPI Adj_Book
201412 2.809 99.000 3.257
201512 2.930 100.600 3.343
201612 3.963 102.600 4.433
201712 5.033 104.500 5.528
201812 6.052 106.500 6.523
201912 6.915 111.200 7.138
202012 9.106 111.500 9.374
202112 10.308 113.108 10.460
202212 7.225 115.116 7.204
202312 5.451 114.781 5.451

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.


Logan Group Co  (HKSE:03380) 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.


Logan Group Co Cyclically Adjusted PB Ratio Related Terms

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


Logan Group Co Business Description

Traded in Other Exchanges
Address
South Xinghua Road, Floor 15, Room 2002, Tower B, Longguang Century Building, Bao\'An District, Guangdong, Shenzen, CHN
Logan Group Co Ltd is a general real estate investment company. The company operates multiple segments, including property development, Property operation, Development Management, and Urban redevelopment along with Property operation segment The vast majority of revenue is generated by its property development segment, followed by development management. The development business is focused on the development of residential properties and retail shops, while its management operations are focused on office properties and residential buildings. It generates all of its revenue in Mainland China.
Executives
Kei Perenna Hoi Ting 2201 Interest of corporation controlled by you
Junxi Investments Limited 2101 Beneficial owner
Kei Family United Limited 2201 Interest of corporation controlled by you
Credit Suisse Trust Limited 2301 Trustee
Dragon Jubilee Investments Limited 2101 Beneficial owner
Kei Hoi Pang 2501 Other

Logan Group Co Headlines

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