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SOS (STU:2C3) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is SOS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SOS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SOS'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.

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SOS Cyclically Adjusted PB Ratio Chart

SOS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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SOS Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of SOS's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, SOS'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.


SOS's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SOS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SOS 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.

SOS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SOS's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=32.012/114.7809*114.7809
=32.012

Current CPI (Dec23) = 114.7809.

SOS Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.000 0.000
201512 -753.800 100.600 -860.058
201612 -1,262.805 102.600 -1,412.728
201712 385.526 104.500 423.455
201812 6.128 106.500 6.604
201912 20.123 111.200 20.771
202012 70.315 111.500 72.384
202112 114.949 113.108 116.649
202212 60.725 115.116 60.548
202312 32.012 114.781 32.012

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.


SOS  (STU:2C3) 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.


SOS Cyclically Adjusted PB Ratio Related Terms

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SOS (STU:2C3) Business Description

Industry
Traded in Other Exchanges
Address
298 Haijing Road, Yinzhu Street, Building 6, East Seaview Park, West Coast New District, Shandong Province, Qingdao, CHN, 266400
SOS Ltd is engaged in the provision of emergency rescue business providing emergency healthcare services, emergency roadside assistance, emergency living assistance, and other rescue services in China. The company's segment includes Insurance marketing; Commodity trading and others. It generates maximum revenue from the Commodity trading segment. Its services are sold to corporate clients and individual members. Its services include SOS medical rescue card, SOS auto rescue card, SOS financial rescue card, SOS life rescue card, SOS cloud call center, and SOS big data management cloud.

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