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MOBI Development Co (HKSE:00947) Cyclically Adjusted PB Ratio : 0.09 (As of Apr. 29, 2024)


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What is MOBI Development Co Cyclically Adjusted PB Ratio?

As of today (2024-04-29), MOBI Development Co's current share price is HK$0.147. MOBI Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.55. MOBI Development Co's Cyclically Adjusted PB Ratio for today is 0.09.

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

HKSE:00947' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.32   Max: 0.9
Current: 0.09

During the past 13 years, MOBI Development Co's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.08. And the median was 0.32.

HKSE:00947's Cyclically Adjusted PB Ratio is ranked better than
98.37% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs HKSE:00947: 0.09

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.

MOBI Development Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.685. 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 HK$1.55 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MOBI Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MOBI Development 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.

MOBI Development Co Cyclically Adjusted PB Ratio Chart

MOBI Development 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 0.64 0.32 0.21 0.13 0.12

MOBI Development Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.21 - 0.13 - 0.12

Competitive Comparison of MOBI Development Co's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, MOBI Development 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.


MOBI Development Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MOBI Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MOBI Development 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.

MOBI Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.147/1.55
=0.09

* 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.

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

For example, MOBI Development 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)
=0.685/114.6694*114.6694
=0.685

Current CPI (Dec23) = 114.6694.

MOBI Development Co Annual Data

Book Value per Share CPI Adj_Book
201412 1.728 99.000 2.002
201512 1.768 100.600 2.015
201612 1.711 102.600 1.912
201712 1.700 104.500 1.865
201812 1.610 106.500 1.733
201912 1.590 111.200 1.640
202012 1.630 111.500 1.676
202112 1.192 113.108 1.208
202212 0.774 115.116 0.771
202312 0.685 114.669 0.685

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.


MOBI Development Co  (HKSE:00947) 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.


MOBI Development Co Cyclically Adjusted PB Ratio Related Terms

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MOBI Development Co (HKSE:00947) Business Description

Traded in Other Exchanges
N/A
Address
7 Langshan First Road, Science and Technology Park, Nanshan District, Guangdong Province, Shenzen, CHN
MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem.

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