HNDI (Meitian Pin AI Tech Group) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Meitian Pin AI Tech Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meitian Pin AI Tech Group  (OTCPK:HNDI) 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.


Meitian Pin AI Tech Group Cyclically Adjusted PB Ratio Related Terms


Meitian Pin AI Tech Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Meitian Pin AI Tech Group'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.

Meitian Pin AI Tech Group Cyclically Adjusted PB Ratio Chart

Meitian Pin AI Tech Group Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Meitian Pin AI Tech Group Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.00 0.00 0.00 0.00 0.00

Meitian Pin AI Tech Group Cyclically Adjusted PB Ratio Competitor Comparison

For the Shell Companies subindustry, Meitian Pin AI Tech Group'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.


Meitian Pin AI Tech Group Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Meitian Pin AI Tech Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Meitian Pin AI Tech Group's Cyclically Adjusted PB Ratio falls into.



Meitian Pin AI Tech Group 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.

Meitian Pin AI Tech Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2017 is calculated as:

For example, Meitian Pin AI Tech Group's adjusted Book Value per Share data for the three months ended in Feb. 2017 was:

Adj_Book=Book Value per Share/CPI of Feb. 2017 (Change)*Current CPI (Feb. 2017)
=-0.455/243.6030*243.6030
=-0.455

Current CPI (Feb. 2017) = 243.6030.

Meitian Pin AI Tech Group Quarterly Data

Book Value per Share CPI Adj_Book
200705 -4.536 207.949 -5.314
200708 -4.737 207.917 -5.550
200711 -4.620 210.177 -5.355
200802 -5.111 211.693 -5.881
200805 -4.680 216.632 -5.263
200808 -3.801 219.086 -4.226
200811 -1.389 212.425 -1.593
200902 -2.213 212.193 -2.541
200905 -2.259 213.856 -2.573
200908 -2.421 215.834 -2.732
200911 -2.544 216.330 -2.865
201002 -3.093 216.741 -3.476
201005 -3.127 218.178 -3.491
201008 -2.463 218.312 -2.748
201011 -0.323 218.803 -0.360
201102 1.402 221.309 1.543
201105 6.820 225.964 7.352
201108 6.111 226.545 6.571
201111 5.106 226.230 5.498
201202 3.545 227.663 3.793
201205 2.363 229.815 2.505
201208 1.985 230.379 2.099
201211 1.530 230.221 1.619
201302 1.324 232.166 1.389
201305 1.029 232.945 1.076
201308 0.886 233.877 0.923
201311 0.723 233.069 0.756
201402 0.591 234.781 0.613
201405 0.434 237.900 0.444
201408 0.306 237.852 0.313
201411 0.169 236.151 0.174
201502 0.045 234.722 0.047
201505 -0.027 237.805 -0.028
201508 -0.073 238.316 -0.075
201511 -0.140 237.336 -0.144
201602 -0.177 237.111 -0.182
201605 -0.346 240.229 -0.351
201608 -0.385 240.849 -0.389
201611 -0.413 241.353 -0.417
201702 -0.455 243.603 -0.455

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.


Meitian Pin AI Tech Group Business Description