China Netcom Technology Holdings (HKSE:08071) Cyclically Adjusted PB Ratio : 3.80 (As of Jun. 04, 2025)

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What is China Netcom Technology Holdings Cyclically Adjusted PB Ratio?

As of today (2025-06-04), China Netcom Technology Holdings's current share price is HK$0.038. China Netcom Technology Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was HK$0.01. China Netcom Technology Holdings's Cyclically Adjusted PB Ratio for today is 3.80.

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

HKSE:08071' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 1.4 Max: 6.1
Current: 4.6

During the past years, China Netcom Technology Holdings's highest Cyclically Adjusted PB Ratio was 6.10. The lowest was 0.18. And the median was 1.40.

HKSE:08071's Cyclically Adjusted PB Ratio is ranked worse than
67.69% of 1436 companies
in the Software industry
Industry Median: 2.71 vs HKSE:08071: 4.60

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.

China Netcom Technology Holdings's adjusted book value per share data for the three months ended in Dec. 2024 was HK$0.002. 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$0.01 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

China Netcom Technology Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Netcom Technology 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.

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China Netcom Technology Holdings Cyclically Adjusted PB Ratio Chart

China Netcom Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cyclically Adjusted PB Ratio

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1.37

1.99

1.37

1.79

2.24

China Netcom Technology Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															1.62	-	1.79	1.30	2.24

Competitive Comparison of China Netcom Technology Holdings's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, China Netcom Technology 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.

China Netcom Technology Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, China Netcom Technology Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Netcom Technology Holdings's Cyclically Adjusted PB Ratio falls into.

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China Netcom Technology 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.

China Netcom Technology Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.038	/	0.01
	=	3.80

China Netcom Technology Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, China Netcom Technology Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec. 2024 (Change)	*	Current CPI (Dec. 2024)
	=	0.002	/	118.9447	*	118.9447
	=	0.002

Current CPI (Dec. 2024) = 118.9447.

China Netcom Technology Holdings Quarterly Data

	Book Value per Share	CPI	Adj_Book
201409	0.000	97.948	0.000
201412	-0.003	99.707	-0.004
201503	0.000	99.927	0.000
201506	0.014	99.267	0.017
201509	0.000	99.927	0.000
201512	0.014	102.015	0.016
201603	0.000	102.785	0.000
201606	0.000	101.686	0.000
201609	0.000	102.565	0.000
201612	-0.002	103.225	-0.002
201703	0.000	103.335	0.000
201706	0.000	103.664	0.000
201709	0.000	103.994	0.000
201712	0.002	104.984	0.002
201803	0.000	105.973	0.000
201806	0.009	106.193	0.010
201809	0.000	106.852	0.000
201812	0.013	107.622	0.014
201903	0.000	108.172	0.000
201906	0.016	109.601	0.017
201909	0.000	110.260	0.000
201912	0.011	110.700	0.012
202003	0.000	110.920	0.000
202006	0.009	110.590	0.010
202009	0.000	107.512	0.000
202012	0.012	109.711	0.013
202103	0.000	111.579	0.000
202106	0.010	111.360	0.011
202109	0.000	109.051	0.000
202112	0.008	112.349	0.008
202203	0.000	113.558	0.000
202206	0.007	113.448	0.007
202209	0.000	113.778	0.000
202212	0.006	114.548	0.006
202303	0.000	115.427	0.000
202306	0.005	115.647	0.005
202309	0.000	116.087	0.000
202312	0.004	117.296	0.004
202406	0.003	117.296	0.003
202412	0.002	118.945	0.002

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.

China Netcom Technology Holdings (HKSE:08071) 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.

China Netcom Technology Holdings Cyclically Adjusted PB Ratio Related Terms

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

China Netcom Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » China Netcom Technology Holdings Ltd (HKSE:08071) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Office 2401A, 24th Floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/chinanetcom

China Netcom Technology Holdings Ltd and its subsidiaries are engaged in the Smart Retail Business and Automotive Culture Business. The vast majority of its revenue is generated from Smart Retail Business, which is into the provision of new retail digital transformation solutions and new retail integrated software service platform to chain retailers and merchants, and extended services such as cloud services, omnichannel payment services, and SMS marketing services, etc. Geographically, the company has business operations in the PRC and Hong Kong, of which key revenue is derived from the PRC.

Executives

Wang Yonghua	2201 Interest of corporation controlled by you
Tiantu Investments International Limited	2101 Beneficial owner
Shen Zhen Shi Tian Tu Tou Zi Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zheng Ming Gao	2201 Interest of corporation controlled by you
Shan Dong Qi Chen Zhong Ke Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Ning Bo Qi Chen Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Tong Sen Zi Ben Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Hang Zhou Jia Hao Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Wu Niu Wang Luo Ke Ji You Xian Gong Si
Hang Zhou Zhen Niu Xin Xi Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
51 Credit Card Inc.	2201 Interest of corporation controlled by you
51 Credit Card (china) Limited	2201 Interest of corporation controlled by you
51renpin.com Inc.
Zuo Lei	2101 Beneficial owner
Zuo Lei	2101 Beneficial owner

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