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Queen's Road Capital Investment (Queen's Road Capital Investment) Cyclically Adjusted Book per Share : $0.46 (As of Feb. 2024)


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What is Queen's Road Capital Investment Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Queen's Road Capital Investment's adjusted book value per share for the three months ended in Feb. 2024 was $0.614. 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 $0.46 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Queen's Road Capital Investment's average Cyclically Adjusted Book Growth Rate was -25.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-16), Queen's Road Capital Investment's current stock price is $0.6795. Queen's Road Capital Investment's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $0.46. Queen's Road Capital Investment's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Queen's Road Capital Investment was 1.57. The lowest was 0.47. And the median was 0.80.


Queen's Road Capital Investment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Queen's Road Capital Investment's Cyclically Adjusted Book per Share 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.

Queen's Road Capital Investment Cyclically Adjusted Book per Share Chart

Queen's Road Capital Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.85 0.68 0.50

Queen's Road Capital Investment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Book per Share 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 0.59 0.54 0.50 0.49 0.46

Competitive Comparison of Queen's Road Capital Investment's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Queen's Road Capital Investment'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.


Queen's Road Capital Investment's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Queen's Road Capital Investment's Cyclically Adjusted PB Ratio falls into.



Queen's Road Capital Investment Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Queen's Road Capital Investment's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.614/117.7354*117.7354
=0.614

Current CPI (Feb. 2024) = 117.7354.

Queen's Road Capital Investment Quarterly Data

Book Value per Share CPI Adj_Book
201405 2.090 96.299 2.555
201408 2.015 95.090 2.495
201411 1.887 99.487 2.233
201502 1.720 100.257 2.020
201505 1.556 99.157 1.848
201508 -0.040 97.948 -0.048
201511 -0.004 101.686 -0.005
201602 -0.007 103.225 -0.008
201605 -0.010 101.686 -0.012
201608 -0.067 102.235 -0.077
201611 -0.067 103.005 -0.077
201702 -0.070 103.115 -0.080
201705 0.012 103.774 0.014
201708 0.063 104.214 0.071
201711 0.062 104.654 0.070
201802 0.061 106.303 0.068
201805 0.059 105.973 0.066
201808 0.058 106.633 0.064
201811 0.056 107.292 0.061
201902 0.055 108.501 0.060
201905 0.057 108.831 0.062
201908 0.038 110.260 0.041
201911 0.032 110.700 0.034
202002 0.230 111.030 0.244
202005 0.254 110.700 0.270
202008 0.287 109.820 0.308
202011 0.278 110.260 0.297
202102 0.437 111.469 0.462
202105 0.535 111.689 0.564
202108 0.538 111.579 0.568
202111 0.566 112.349 0.593
202202 0.564 113.338 0.586
202205 0.524 113.118 0.545
202208 0.521 113.668 0.540
202211 0.512 114.328 0.527
202302 0.476 115.317 0.486
202305 0.453 115.427 0.462
202308 0.524 115.647 0.533
202311 0.578 117.186 0.581
202402 0.614 117.735 0.614

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Queen's Road Capital Investment  (OTCPK:BRSGF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Queen's Road Capital Investment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.6795/0.46
=1.48

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Queen's Road Capital Investment was 1.57. The lowest was 0.47. And the median was 0.80.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Queen's Road Capital Investment Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Queen's Road Capital Investment's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Queen's Road Capital Investment (Queen's Road Capital Investment) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.

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