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Xinyuan Real Estate Co (Xinyuan Real Estate Co) Cyclically Adjusted PB Ratio : 0.02 (As of May. 01, 2024)


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What is Xinyuan Real Estate Co Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Xinyuan Real Estate Co's current share price is $2.74. Xinyuan Real Estate Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was $118.72. Xinyuan Real Estate Co's Cyclically Adjusted PB Ratio for today is 0.02.

The historical rank and industry rank for Xinyuan Real Estate Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

XIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.37   Max: 1.37
Current: 0.02

During the past 13 years, Xinyuan Real Estate Co's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.02. And the median was 0.37.

XIN's Cyclically Adjusted PB Ratio is ranked better than
98.69% of 1297 companies
in the Real Estate industry
Industry Median: 0.66 vs XIN: 0.02

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.

Xinyuan Real Estate Co's adjusted book value per share data of for the fiscal year that ended in Dec22 was $-12.939. 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 $118.72 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinyuan Real Estate Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xinyuan Real Estate 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.

Xinyuan Real Estate Co Cyclically Adjusted PB Ratio Chart

Xinyuan Real Estate Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.29 0.16 0.05 0.03

Xinyuan Real Estate Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.05 - 0.03 -

Competitive Comparison of Xinyuan Real Estate Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Xinyuan Real Estate 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.


Xinyuan Real Estate Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Xinyuan Real Estate Co's Cyclically Adjusted PB Ratio falls into.



Xinyuan Real Estate 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.

Xinyuan Real Estate Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.74/118.72
=0.02

* 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.

Xinyuan Real Estate Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Xinyuan Real Estate Co's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-12.939/115.1156*115.1156
=-12.939

Current CPI (Dec22) = 115.1156.

Xinyuan Real Estate Co Annual Data

Book Value per Share CPI Adj_Book
201312 122.123 97.624 144.004
201412 130.680 99.000 151.953
201512 131.085 100.600 149.999
201612 136.998 102.600 153.710
201712 153.200 104.500 168.763
201812 113.579 106.500 122.767
201912 127.981 111.200 132.487
202012 124.466 111.500 128.502
202112 47.161 113.108 47.998
202212 -12.939 115.116 -12.939

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.


Xinyuan Real Estate Co  (NYSE:XIN) 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.


Xinyuan Real Estate Co Cyclically Adjusted PB Ratio Related Terms

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Xinyuan Real Estate Co (Xinyuan Real Estate Co) Business Description

Traded in Other Exchanges
Address
79 Jianguo Road, 27th Floor, China Central Place, Tower II, Chaoyang District, Beijing, CHN, 100025
Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate-related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple-rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.