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SSAW Hotels & Resorts Group Co (SZSE:301073) Cyclically Adjusted PB Ratio : 10.22 (As of May. 16, 2024)


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What is SSAW Hotels & Resorts Group Co Cyclically Adjusted PB Ratio?

As of today (2024-05-16), SSAW Hotels & Resorts Group Co's current share price is ¥23.91. SSAW Hotels & Resorts Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ¥2.34. SSAW Hotels & Resorts Group Co's Cyclically Adjusted PB Ratio for today is 10.22.

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

SZSE:301073' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.35   Med: 9.56   Max: 10.84
Current: 10.16

During the past 10 years, SSAW Hotels & Resorts Group Co's highest Cyclically Adjusted PB Ratio was 10.84. The lowest was 7.35. And the median was 9.56.

SZSE:301073's Cyclically Adjusted PB Ratio is ranked worse than
94.27% of 593 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs SZSE:301073: 10.16

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.

SSAW Hotels & Resorts Group Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ¥5.029. 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 ¥2.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSAW Hotels & Resorts Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SSAW Hotels & Resorts Group 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.

SSAW Hotels & Resorts Group Co Cyclically Adjusted PB Ratio Chart

SSAW Hotels & Resorts Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.70

SSAW Hotels & Resorts Group Co Quarterly Data
Dec18 Jun19 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 - - - 9.70 -

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

For the Lodging subindustry, SSAW Hotels & Resorts Group 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.


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

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

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



SSAW Hotels & Resorts Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.91/2.34
=10.22

* 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.

SSAW Hotels & Resorts Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SSAW Hotels & Resorts Group Co'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)
=5.029/114.7809*114.7809
=5.029

Current CPI (Dec23) = 114.7809.

SSAW Hotels & Resorts Group Co Annual Data

Book Value per Share CPI Adj_Book
201312 0.579 97.624 0.681
201412 1.129 99.000 1.309
201612 0.959 102.600 1.073
201712 1.818 104.500 1.997
201812 1.534 106.500 1.653
201912 1.918 111.200 1.980
202012 1.917 111.500 1.973
202112 2.683 113.108 2.723
202212 5.006 115.116 4.991
202312 5.029 114.781 5.029

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.


SSAW Hotels & Resorts Group Co  (SZSE:301073) 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.


SSAW Hotels & Resorts Group Co Cyclically Adjusted PB Ratio Related Terms

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


SSAW Hotels & Resorts Group Co (SZSE:301073) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Xueyuan Road, Xihu District, Zhejiang Province, Hangzhou City, CHN, 310013
SSAW Hotels & Resorts Group Co Ltd is engaged in the operation and management of mid-to-high-end selected service chain hotels.

SSAW Hotels & Resorts Group Co (SZSE:301073) Headlines

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