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Architectural Aesthetics Global Development (ROCO:2724) Cyclically Adjusted PB Ratio : 2.46 (As of Jun. 08, 2024)


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What is Architectural Aesthetics Global Development Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Architectural Aesthetics Global Development's current share price is NT$32.50. Architectural Aesthetics Global Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.21. Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio for today is 2.46.

The historical rank and industry rank for Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:2724' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.73   Max: 2.94
Current: 2.38

During the past years, Architectural Aesthetics Global Development's highest Cyclically Adjusted PB Ratio was 2.94. The lowest was 0.16. And the median was 0.73.

ROCO:2724's Cyclically Adjusted PB Ratio is ranked worse than
66.83% of 618 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs ROCO:2724: 2.38

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.

Architectural Aesthetics Global Development's adjusted book value per share data for the three months ended in Mar. 2024 was NT$3.898. 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 NT$13.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Architectural Aesthetics Global Development Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Architectural Aesthetics Global Development'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.

Architectural Aesthetics Global Development Cyclically Adjusted PB Ratio Chart

Architectural Aesthetics Global Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.30 0.85 0.79 0.96

Architectural Aesthetics Global Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.94 0.84 0.92 0.96 1.45

Competitive Comparison of Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Architectural Aesthetics Global Development'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.


Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio falls into.



Architectural Aesthetics Global Development 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.

Architectural Aesthetics Global Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.50/13.21
=2.46

* 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.

Architectural Aesthetics Global Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Architectural Aesthetics Global Development's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.898/131.7762*131.7762
=3.898

Current CPI (Mar. 2024) = 131.7762.

Architectural Aesthetics Global Development Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.692 100.560 49.393
201409 39.685 100.428 52.073
201412 41.655 99.070 55.407
201503 38.694 99.621 51.183
201506 40.471 100.684 52.969
201509 37.661 100.392 49.435
201512 33.246 99.792 43.901
201603 29.684 100.470 38.933
201606 26.218 101.688 33.976
201609 13.564 101.861 17.548
201612 1.170 101.863 1.514
201703 7.255 102.862 9.294
201706 5.089 103.349 6.489
201709 4.350 104.136 5.505
201712 1.383 104.011 1.752
201803 0.030 105.290 0.038
201806 0.112 106.317 0.139
201809 1.067 106.507 1.320
201812 1.224 105.998 1.522
201903 0.663 107.251 0.815
201906 0.501 108.070 0.611
201909 0.295 108.329 0.359
201912 0.292 108.420 0.355
202003 0.279 108.902 0.338
202006 0.381 108.767 0.462
202009 0.033 109.815 0.040
202012 0.164 109.897 0.197
202103 2.819 111.754 3.324
202106 2.464 114.631 2.833
202109 2.326 115.734 2.648
202112 4.568 117.630 5.117
202203 4.296 121.301 4.667
202206 4.151 125.017 4.375
202209 4.106 125.227 4.321
202212 5.348 125.222 5.628
202303 3.962 127.348 4.100
202306 3.877 128.729 3.969
202309 3.993 129.860 4.052
202312 3.778 129.419 3.847
202403 3.898 131.776 3.898

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.


Architectural Aesthetics Global Development  (ROCO:2724) 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.


Architectural Aesthetics Global Development Cyclically Adjusted PB Ratio Related Terms

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Architectural Aesthetics Global Development (ROCO:2724) Business Description

Traded in Other Exchanges
N/A
Address
No. 65, Section 3, Nanjing East Road, 8th Floor, Zhongshan District, Taipei, TWN, 104
Architectural Aesthetics Global Development Formerly FX Hotels Group Inc operates a chain of hotels in China. The company's reportable segments include Hotel management and Property management. It generates maximum revenue from the Hotel management segment. The company also provides various rooms, including deluxe, comfort, trendy, and others.

Architectural Aesthetics Global Development (ROCO:2724) Headlines

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