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Truly International Holdings (HKSE:00732) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 07, 2024)


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What is Truly International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Truly International Holdings's current share price is HK$0.92. Truly International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$2.91. Truly International Holdings's Cyclically Adjusted PB Ratio for today is 0.32.

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

HKSE:00732' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.88   Max: 3.76
Current: 0.3

During the past 13 years, Truly International Holdings's highest Cyclically Adjusted PB Ratio was 3.76. The lowest was 0.20. And the median was 0.88.

HKSE:00732's Cyclically Adjusted PB Ratio is ranked better than
93.19% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs HKSE:00732: 0.30

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.

Truly International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$3.036. 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$2.91 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Truly International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Truly 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.

Truly International Holdings Cyclically Adjusted PB Ratio Chart

Truly 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 0.47 0.39 1.19 0.43 0.27

Truly 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 1.19 - 0.43 - 0.27

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

For the Electronic Components subindustry, Truly 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.


Truly International Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Truly International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Truly 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.92/2.91
=0.32

* 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.

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

For example, Truly 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)
=3.036/117.2957*117.2957
=3.036

Current CPI (Dec23) = 117.2957.

Truly International Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 2.434 99.707 2.863
201512 2.437 102.015 2.802
201612 2.309 103.225 2.624
201712 2.526 104.984 2.822
201812 2.322 107.622 2.531
201912 2.449 110.700 2.595
202012 2.849 109.711 3.046
202112 3.430 112.349 3.581
202212 3.159 114.548 3.235
202312 3.036 117.296 3.036

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.


Truly International Holdings  (HKSE:00732) 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.


Truly International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Truly International Holdings (HKSE:00732) Business Description

Traded in Other Exchanges
Address
1-3 Wing Yip Street, 2nd Floor, Chung Shun Knitting Centre, Kwai Chung, New Territories, Hong Kong, HKG
Truly International Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in the business of manufacturing and sale of liquid crystal display (LCD) products including touch panel products and electronic consumer products including a compact camera module, fingerprint identification modules, personal health care products and electrical devices. The Group is currently organised into two operating segments which are sales of LCD products and electronic consumer products. The LCD products manufacture and distribute LCD products and touch panel products. Electronic consumer products manufacture and distribute electronic consumer products such as CCM, fingerprint identification modules, personal health care products and electrical devices.
Executives
Lam Wai Wah 2101 Beneficial owner
Chung King Yee, Cecilia 2202 Interest of your spouse
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you

Truly International Holdings (HKSE:00732) Headlines

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