The historical rank and industry rank for Genes Tech Group Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
HKSE:08257'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.35 Max: 0.43
Current: 0.34
During the past 10 years, Genes Tech Group Holdings Co's highest Cyclically Adjusted PB Ratio was 0.43. The lowest was 0.32. And the median was 0.35.
HKSE:08257's Cyclically Adjusted PB Ratio is ranked better than 94.15% of 684
companies
in the Semiconductors industry
Industry Median: 2.495
vs HKSE:08257: 0.34
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.
Genes Tech Group Holdings Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.201. 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$0.16 for the trailing ten years ended in Dec23.
Shiller PE for Stocks: The True Measure of Stock Valuation
Genes Tech Group Holdings Co Cyclically Adjusted PB Ratio Historical Data
* 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.
Genes Tech Group Holdings Co Cyclically Adjusted PB Ratio Chart
Competitive Comparison of Genes Tech Group Holdings Co's Cyclically Adjusted PB Ratio
For the Semiconductor Equipment & Materials subindustry, Genes Tech Group Holdings 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.
Genes Tech Group Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Genes Tech Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Genes Tech Group Holdings Co's Cyclically Adjusted PB Ratio falls into.
Genes Tech Group Holdings 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.
* 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.
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.
Genes Tech Group Holdings Co (HKSE:08257) 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.
Genes Tech Group Holdings Co Cyclically Adjusted PB Ratio Related Terms
Thank you for viewing the detailed overview of Genes Tech Group Holdings Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Genes Tech Group Holdings Co (HKSE:08257) Business Description
Genes Tech Group Holdings Co Ltd is engaged in the business of Provision of turnkey solution and Trading of used semiconductor manufacturing equipment and parts. It generates prime revenue from the Provision of turnkey solution segment. The company offers turnkey solution of used SME and Parts to customers who need to alter and upgrade the semiconductors of production systems from time to time. The SME and parts supplied by the group include furnaces, clean tracks, and other related items, which are used at the front-end of the semiconductor manufacturing process, wafer fabrication, such as deposition, photoresist coating, and development. It has a business presence in Taiwan, the PRC, Singapore, the United States, Japan and other countries.
Genes Tech Group Holdings Co (HKSE:08257) Headlines
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