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Oshidori International Holdings (HKSE:00622) Cyclically Adjusted PB Ratio : 0.08 (As of May. 27, 2024)


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What is Oshidori International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Oshidori International Holdings's current share price is HK$0.146. Oshidori International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.93. Oshidori International Holdings's Cyclically Adjusted PB Ratio for today is 0.08.

The historical rank and industry rank for Oshidori International Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00622' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.27   Max: 1.32
Current: 0.08

During the past 13 years, Oshidori International Holdings's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.08. And the median was 0.27.

HKSE:00622's Cyclically Adjusted PB Ratio is ranked better than
95.83% of 504 companies
in the Capital Markets industry
Industry Median: 1.175 vs HKSE:00622: 0.08

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.

Oshidori International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.611. 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$1.93 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oshidori International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oshidori International Holdings'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.

Oshidori International Holdings Cyclically Adjusted PB Ratio Chart

Oshidori International Holdings 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 0.38 0.25 0.24 0.13 0.10

Oshidori International Holdings 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 0.24 - 0.13 - 0.10

Competitive Comparison of Oshidori International Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Oshidori International Holdings'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.


Oshidori International Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Oshidori International Holdings 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.

Oshidori International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.146/1.93
=0.08

* 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.

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

For example, Oshidori International Holdings'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)
=0.611/117.2957*117.2957
=0.611

Current CPI (Dec23) = 117.2957.

Oshidori International Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 2.822 99.707 3.320
201512 3.297 102.015 3.791
201612 2.985 103.225 3.392
201712 2.059 104.984 2.300
201812 1.104 107.622 1.203
201912 1.062 110.700 1.125
202012 1.625 109.711 1.737
202112 0.940 112.349 0.981
202212 0.864 114.548 0.885
202312 0.611 117.296 0.611

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.


Oshidori International Holdings  (HKSE:00622) 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.


Oshidori International Holdings Cyclically Adjusted PB Ratio Related Terms

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Oshidori International Holdings (HKSE:00622) Business Description

Traded in Other Exchanges
Address
28 Marble Road, North Point, 25th Floor, China United Centre, Hong Kong, HKG
Oshidori International Holdings Ltd is a Hong Kong-based company that is principally engaged in financial activities. The company's business segments consist of; Financial services including the Provision of securities brokerage, margin financing, placing and underwriting, investment advisory, assets management, and corporate finance advisory services, Tactical and strategical investments including Investment in financial instruments, and Credit and lending services includes Provision of credit and lending services. Geographically, it operates in Hong Kong.
Executives
Vms Investment Group Limited 2101 Beneficial owner
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Green River Associates Limited 2101 Beneficial owner
Planetree International Development Limited 2201 Interest of corporation controlled by you
Planetree International Limited 2201 Interest of corporation controlled by you
Lo Ki Yan Karen 2201 Interest of corporation controlled by you
Blue River Holdings Limited 2201 Interest of corporation controlled by you
Blue River Treasury Group Limited 2201 Interest of corporation controlled by you
Nation Cheer Investment Limited 2101 Beneficial owner
Suen Cho Hung, Paul 2201 Interest of corporation controlled by you
Seekers Creation Limited 2101 Beneficial owner
Seekers Partners Limited 2201 Interest of corporation controlled by you
Peak Trust Company - Nv 2301 Trustee

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