GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Logistics Network Ltd (HKSE:00636) » Definitions » Cyclically Adjusted PB Ratio

Kerry Logistics Network (HKSE:00636) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 09, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Kerry Logistics Network Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kerry Logistics Network's current share price is HK$9.04. Kerry Logistics Network's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$11.84. Kerry Logistics Network's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for Kerry Logistics Network's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00636' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.06   Max: 1.75
Current: 0.76

During the past 12 years, Kerry Logistics Network's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.54. And the median was 1.06.

HKSE:00636's Cyclically Adjusted PB Ratio is ranked better than
71.92% of 723 companies
in the Transportation industry
Industry Median: 1.25 vs HKSE:00636: 0.76

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.

Kerry Logistics Network's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$9.730. 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$11.84 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kerry Logistics Network Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kerry Logistics Network'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.

Kerry Logistics Network Cyclically Adjusted PB Ratio Chart

Kerry Logistics Network 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 - - 1.62 1.13 0.65

Kerry Logistics Network 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 1.62 - 1.13 - 0.65

Competitive Comparison of Kerry Logistics Network's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.


Kerry Logistics Network's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Cyclically Adjusted PB Ratio falls into.



Kerry Logistics Network 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.

Kerry Logistics Network's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.04/11.84
=0.76

* 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.

Kerry Logistics Network's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kerry Logistics Network'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)
=9.73/117.2957*117.2957
=9.730

Current CPI (Dec23) = 117.2957.

Kerry Logistics Network Annual Data

Book Value per Share CPI Adj_Book
201412 8.675 99.707 10.205
201512 9.106 102.015 10.470
201612 9.024 103.225 10.254
201712 10.509 104.984 11.741
201812 11.754 107.622 12.811
201912 13.409 110.700 14.208
202012 15.292 109.711 16.349
202112 11.644 112.349 12.157
202212 10.196 114.548 10.441
202312 9.730 117.296 9.730

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.


Kerry Logistics Network  (HKSE:00636) 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.


Kerry Logistics Network Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Kerry Logistics Network's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kerry Logistics Network (HKSE:00636) Business Description

Traded in Other Exchanges
Address
55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG
Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.
Executives
Wang Wei 2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Kerry Group Limited 2201 Interest of corporation controlled by you
Kerry Properties Limited 2101 Beneficial owner
Flourish Harmony Holdings Company Limited 2101 Beneficial owner

Kerry Logistics Network (HKSE:00636) Headlines

No Headlines