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Differ Group Auto (HKSE:06878) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 03, 2025)


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What is Differ Group Auto Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Differ Group Auto's current share price is HK$0.037. Differ Group Auto's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$3.18. Differ Group Auto's Cyclically Adjusted PB Ratio for today is 0.01.

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

HKSE:06878' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 9.18
Current: 0.01

During the past 12 years, Differ Group Auto's highest Cyclically Adjusted PB Ratio was 9.18. The lowest was 0.01. And the median was 0.20.

HKSE:06878's Cyclically Adjusted PB Ratio is not ranked
in the Credit Services industry.
Industry Median: 1.02 vs HKSE:06878: 0.01

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.

Differ Group Auto's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.204. 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$3.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Differ Group Auto Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Differ Group Auto'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.

Differ Group Auto Cyclically Adjusted PB Ratio Chart

Differ Group Auto 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 - - 8.07 4.40 0.15

Differ Group Auto 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 - 4.40 - 0.15 -

Competitive Comparison of Differ Group Auto's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Differ Group Auto'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.


Differ Group Auto's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Differ Group Auto's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Differ Group Auto 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.

Differ Group Auto's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.037/3.18
=0.01

* 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.

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

For example, Differ Group Auto'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)
=0.204/114.7809*114.7809
=0.204

Current CPI (Dec23) = 114.7809.

Differ Group Auto Annual Data

Book Value per Share CPI Adj_Book
201412 1.819 99.000 2.109
201512 2.559 100.600 2.920
201612 2.952 102.600 3.302
201712 3.834 104.500 4.211
201812 3.473 106.500 3.743
201912 2.775 111.200 2.864
202012 3.792 111.500 3.904
202112 4.623 113.108 4.691
202212 3.912 115.116 3.901
202312 0.204 114.781 0.204

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.


Differ Group Auto  (HKSE:06878) 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.


Differ Group Auto Cyclically Adjusted PB Ratio Related Terms

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


Differ Group Auto Business Description

Traded in Other Exchanges
N/A
Address
No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN
Differ Group Auto Ltd, formerly Differ Group Holding Company Limited, is a China-based investment holding company. The Company conducts its businesses primarily through four segments. The Financial Services segment is principally engaged in the provision of guarantee services, express loan services, advisory services, financial leasing services, financial securities services and asset management. The Property Development and Investment segment is principally engaged in the operation of property development projects and property investment activities. The Commodity Trading segment is mainly engaged in the trading of commodities. The Automotive E-commerce segment is principally engaged in the operation of online automotive e-commerce platforms.
Executives
Expert Corporate Limited
Hong Mingxian
Shi Hongjiao
Tianjin Binhai Rural Commercial Bank Corporation 2106 Person having a security interest in shares
Ng Chi Chung 2201 Interest of corporation controlled by you
Ting Pui Shan 2202 Interest of your spouse
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Ever Ultimate Limited 2101 Beneficial owner
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you

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