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Lai Fung Holdings (Lai Fung Holdings) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Lai Fung Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lai Fung Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lai Fung 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.

* Premium members only.

Lai Fung Holdings Cyclically Adjusted PB Ratio Chart

Lai Fung Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.19 0.14 0.15 0.06

Lai Fung Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 0.15 - 0.06 -

Competitive Comparison of Lai Fung Holdings's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Lai Fung 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.


Lai Fung Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lai Fung Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lai Fung Holdings's Cyclically Adjusted PB Ratio falls into.



Lai Fung 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.

Lai Fung Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Lai Fung Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jul23 was:

Adj_Book=Book Value per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=39.511/115.6468*115.6468
=39.511

Current CPI (Jul23) = 115.6468.

Lai Fung Holdings Annual Data

Book Value per Share CPI Adj_Book
201407 40.595 97.288 48.255
201507 43.087 99.817 49.920
201607 42.394 102.125 48.007
201707 45.875 104.104 50.961
201807 48.324 106.523 52.463
201907 49.494 110.040 52.016
202007 44.749 107.402 48.184
202107 47.992 111.469 49.791
202207 44.973 113.558 45.800
202307 39.511 115.647 39.511

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.


Lai Fung Holdings  (OTCPK:LNGHY) 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.


Lai Fung Holdings Cyclically Adjusted PB Ratio Related Terms

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Lai Fung Holdings (Lai Fung Holdings) Business Description

Traded in Other Exchanges
Address
680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Fung Holdings Ltd is an investment holding company. The company's operating segment includes Property development; Property investment; Hotel and serviced apartment operation and Theme park operation. It generates maximum revenue from the Property development segment. The property development segment engages in the development of properties for sale in Mainland China. Geographically, the company generates a majority of its revenue from Mainland China.

Lai Fung Holdings (Lai Fung Holdings) Headlines

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