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Lealea Hotels & Resorts Co (ROCO:5364) Cyclically Adjusted PB Ratio : 1.05 (As of Jun. 18, 2024)


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What is Lealea Hotels & Resorts Co Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Lealea Hotels & Resorts Co's current share price is NT$17.70. Lealea Hotels & Resorts Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.85. Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio for today is 1.05.

The historical rank and industry rank for Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:5364' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.1   Max: 1.85
Current: 1.05

During the past years, Lealea Hotels & Resorts Co's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.58. And the median was 1.10.

ROCO:5364's Cyclically Adjusted PB Ratio is ranked better than
56.18% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.34 vs ROCO:5364: 1.05

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.

Lealea Hotels & Resorts Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$12.137. 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$16.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lealea Hotels & Resorts Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lealea Hotels & Resorts Co'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.

Lealea Hotels & Resorts Co Cyclically Adjusted PB Ratio Chart

Lealea Hotels & Resorts Co 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 0.82 0.91 1.10 1.34 1.36

Lealea Hotels & Resorts Co 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 1.52 1.72 1.43 1.36 1.00

Competitive Comparison of Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Lealea Hotels & Resorts 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.


Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio falls into.



Lealea Hotels & Resorts 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.

Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.70/16.85
=1.05

* 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.

Lealea Hotels & Resorts Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lealea Hotels & Resorts Co'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)
=12.137/131.7762*131.7762
=12.137

Current CPI (Mar. 2024) = 131.7762.

Lealea Hotels & Resorts Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.539 100.560 21.673
201409 17.047 100.428 22.368
201412 17.246 99.070 22.940
201503 17.597 99.621 23.277
201506 16.810 100.684 22.001
201509 17.401 100.392 22.841
201512 18.355 99.792 24.238
201603 17.894 100.470 23.470
201606 17.247 101.688 22.350
201609 19.058 101.861 24.655
201612 19.454 101.863 25.167
201703 18.928 102.862 24.249
201706 17.966 103.349 22.908
201709 17.802 104.136 22.527
201712 17.285 104.011 21.899
201803 15.200 105.290 19.024
201806 14.398 106.317 17.846
201809 14.757 106.507 18.258
201812 14.575 105.998 18.120
201903 13.829 107.251 16.991
201906 13.070 108.070 15.937
201909 13.169 108.329 16.019
201912 12.751 108.420 15.498
202003 10.256 108.902 12.410
202006 9.296 108.767 11.262
202009 11.127 109.815 13.352
202012 11.102 109.897 13.312
202103 12.056 111.754 14.216
202106 10.414 114.631 11.972
202109 9.488 115.734 10.803
202112 10.665 117.630 11.948
202203 10.504 121.301 11.411
202206 9.695 125.017 10.219
202209 10.327 125.227 10.867
202212 10.085 125.222 10.613
202303 9.819 127.348 10.160
202306 8.273 128.729 8.469
202309 8.144 129.860 8.264
202312 7.986 129.419 8.131
202403 12.137 131.776 12.137

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.


Lealea Hotels & Resorts Co  (ROCO:5364) 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.


Lealea Hotels & Resorts Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Lealea Hotels & Resorts Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lealea Hotels & Resorts Co (ROCO:5364) Business Description

Traded in Other Exchanges
N/A
Address
No. 162, Songjiang Road, 3rd Floor, Zhongshan District, Taipei, TWN, 104
Lealea Hotels & Resorts Co Ltd is engaged in hotel operations in Taiwan. The company's hotels and resorts include Lealea Garden Hotel, The Richforest Hotel, Makauy Ecological Park, 9inn Hotel and Chaptel Hotel.

Lealea Hotels & Resorts Co (ROCO:5364) Headlines

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