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Gemilang International (HKSE:06163) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 20, 2024)


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What is Gemilang International Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Gemilang International's current share price is HK$0.213. Gemilang International's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct23 was HK$0.52. Gemilang International's Cyclically Adjusted PB Ratio for today is 0.41.

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

HKSE:06163' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.68   Max: 1.29
Current: 0.48

During the past 11 years, Gemilang International's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.38. And the median was 0.68.

HKSE:06163's Cyclically Adjusted PB Ratio is ranked better than
84.01% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs HKSE:06163: 0.48

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.

Gemilang International's adjusted book value per share data of for the fiscal year that ended in Oct23 was HK$0.428. 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$0.52 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gemilang International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gemilang International'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.

Gemilang International Cyclically Adjusted PB Ratio Chart

Gemilang International Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.29 0.67

Gemilang International Semi-Annual Data
Oct13 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - - 1.29 - 0.67

Competitive Comparison of Gemilang International's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Gemilang International'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.


Gemilang International's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gemilang International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gemilang International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.213/0.52
=0.41

* 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.

Gemilang International's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Gemilang International's adjusted Book Value per Share data for the fiscal year that ended in Oct23 was:

Adj_Book=Book Value per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.428/129.8097*129.8097
=0.428

Current CPI (Oct23) = 129.8097.

Gemilang International Annual Data

Book Value per Share CPI Adj_Book
201410 0.116 100.176 0.150
201510 0.196 100.346 0.254
201610 0.314 101.988 0.400
201710 0.584 104.070 0.728
201810 0.528 106.695 0.642
201910 0.611 108.577 0.730
202010 0.614 109.861 0.725
202110 0.594 116.696 0.661
202210 0.505 125.734 0.521
202310 0.428 129.810 0.428

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.


Gemilang International  (HKSE:06163) 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.


Gemilang International Cyclically Adjusted PB Ratio Related Terms

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


Gemilang International (HKSE:06163) Business Description

Traded in Other Exchanges
N/A
Address
Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400
Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.
Executives
Low Poh Teng 2202 Interest of your spouse
Pang Chong Yong 2101 Beneficial owner
Kan Suk Ping 2101 Beneficial owner
Golden Castle Investments Limited 2101 Beneficial owner
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you

Gemilang International (HKSE:06163) Headlines

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