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Shenghua Lande Scitech (HKSE:08106) Cyclically Adjusted PB Ratio : 0.46 (As of May. 31, 2025)


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What is Shenghua Lande Scitech Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Shenghua Lande Scitech's current share price is HK$0.106. Shenghua Lande Scitech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was HK$0.23. Shenghua Lande Scitech's Cyclically Adjusted PB Ratio for today is 0.46.

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

HKSE:08106' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.43   Max: 1.09
Current: 0.53

During the past years, Shenghua Lande Scitech's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.18. And the median was 0.43.

HKSE:08106's Cyclically Adjusted PB Ratio is ranked better than
84.03% of 1922 companies
in the Hardware industry
Industry Median: 1.655 vs HKSE:08106: 0.53

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.

Shenghua Lande Scitech's adjusted book value per share data for the three months ended in Dec. 2024 was HK$0.101. 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$0.23 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenghua Lande Scitech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shenghua Lande Scitech'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.

Shenghua Lande Scitech Cyclically Adjusted PB Ratio Chart

Shenghua Lande Scitech 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 0.61 0.70 0.43 0.33 0.35

Shenghua Lande Scitech 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 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 0.23 - 0.33 0.25 0.35

Competitive Comparison of Shenghua Lande Scitech's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Shenghua Lande Scitech'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.


Shenghua Lande Scitech's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenghua Lande Scitech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenghua Lande Scitech's Cyclically Adjusted PB Ratio falls into.


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Shenghua Lande Scitech 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.

Shenghua Lande Scitech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.106/0.23
=0.46

* 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.

Shenghua Lande Scitech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Shenghua Lande Scitech'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)
=0.101/114.8925*114.8925
=0.101

Current CPI (Dec. 2024) = 114.8925.

Shenghua Lande Scitech Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 98.900 0.000
201412 0.253 99.000 0.294
201503 0.000 99.900 0.000
201506 0.242 99.500 0.279
201509 0.000 100.500 0.000
201512 0.243 100.600 0.278
201603 0.000 102.200 0.000
201606 0.231 101.400 0.262
201609 0.000 102.400 0.000
201612 0.219 102.600 0.245
201703 0.000 103.200 0.000
201706 0.214 103.100 0.238
201709 0.000 104.100 0.000
201712 0.221 104.500 0.243
201803 0.000 105.300 0.000
201806 0.212 104.900 0.232
201809 0.000 106.600 0.000
201812 0.231 106.500 0.249
201903 0.000 107.700 0.000
201906 0.223 107.700 0.238
201909 0.000 109.800 0.000
201912 0.236 111.200 0.244
202003 0.000 112.300 0.000
202006 0.209 110.400 0.218
202009 0.000 111.700 0.000
202012 0.263 111.500 0.271
202103 0.000 112.662 0.000
202106 0.245 111.769 0.252
202109 0.000 112.215 0.000
202112 0.274 113.108 0.278
202203 0.000 114.335 0.000
202206 0.226 114.558 0.227
202209 0.000 115.339 0.000
202212 0.214 115.116 0.214
202303 0.000 115.116 0.000
202306 0.183 114.558 0.184
202309 0.000 115.339 0.000
202312 0.117 114.781 0.117
202406 0.098 114.781 0.098
202412 0.101 114.893 0.101

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.


Shenghua Lande Scitech  (HKSE:08106) 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.


Shenghua Lande Scitech Cyclically Adjusted PB Ratio Related Terms

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


Shenghua Lande Scitech Business Description

Traded in Other Exchanges
N/A
Address
239 Shuanglong Street, 11th Floor, Building 1, Xitou Innocentre, Xihu District, Zhejiang Province, Hangzhou, CHN
Shenghua Lande Scitech Ltd is principally engaged in the trading of hardware and computer software and investment holding. The company operates in various segments that include the provision of smart city solutions, the provision of e-commerce operation solution services, and the trading of hardware and computer software. The majority of its revenue is generated from the trading of hardware and the computer software segment. All of the company's revenue is generated from the People's Republic of China.
Executives
Qian Xiaomei 2202 Interest of your spouse
Xia Shilin 2201 Interest of corporation controlled by you
Fong For 2101 Beneficial owner
Sheng Yang You Xian Gong Si 2101 Beneficial owner
De Qing Hui Sheng Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Sheng Hua Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
He Yan 2202 Interest of your spouse
Zhang Xuguang 2101 Beneficial owner

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