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Realord Group Holdings (HKSE:01196) Cyclically Adjusted PB Ratio : 2.89 (As of Jun. 09, 2024)


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What is Realord Group Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Realord Group Holdings's current share price is HK$5.28. Realord Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$1.83. Realord Group Holdings's Cyclically Adjusted PB Ratio for today is 2.89.

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

HKSE:01196' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 4.53   Max: 10.15
Current: 2.89

During the past 13 years, Realord Group Holdings's highest Cyclically Adjusted PB Ratio was 10.15. The lowest was 0.37. And the median was 4.53.

HKSE:01196's Cyclically Adjusted PB Ratio is ranked worse than
72.99% of 137 companies
in the Waste Management industry
Industry Median: 1.62 vs HKSE:01196: 2.89

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.

Realord Group Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$2.494. 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$1.83 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Realord Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Realord Group 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.

Realord Group Holdings Cyclically Adjusted PB Ratio Chart

Realord Group Holdings Annual Data
Trend Mar14 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 4.14 3.60 6.67 5.41 3.00

Realord Group Holdings Semi-Annual Data
Mar14 Sep14 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 6.67 - 5.41 - 3.00

Competitive Comparison of Realord Group Holdings's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Realord Group 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.


Realord Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Realord Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Realord Group 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.

Realord Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.28/1.83
=2.89

* 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.

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

For example, Realord Group 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)
=2.494/117.2957*117.2957
=2.494

Current CPI (Dec23) = 117.2957.

Realord Group Holdings Annual Data

Book Value per Share CPI Adj_Book
201403 0.741 95.749 0.908
201512 0.741 102.015 0.852
201612 0.781 103.225 0.887
201712 0.930 104.984 1.039
201812 2.005 107.622 2.185
201912 1.631 110.700 1.728
202012 2.437 109.711 2.605
202112 2.871 112.349 2.997
202212 2.506 114.548 2.566
202312 2.494 117.296 2.494

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.


Realord Group Holdings  (HKSE:01196) 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.


Realord Group Holdings Cyclically Adjusted PB Ratio Related Terms

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Realord Group Holdings (HKSE:01196) Business Description

Traded in Other Exchanges
N/A
Address
1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG
Realord Group Holdings Ltd is an investment holding company that operates in the following segments: 1) Property Segment; 2) Financial Services Segment; 3) Environmental Protection Segment; 4) Motor Vehicle Parts Segment; 5) Commercial Printing Segment; 6) Department Store Segment; 7) LAC Segment; 8) Hangtag Segment; and 9) Cinema Operation Segment.
Executives
Ma Chao 2101 Beneficial owner
Ma Chao 2101 Beneficial owner
Lin Xiaohui 2501 Other
Su Jiaohua 2202 Interest of your spouse
Manureen Holdings Limited 2101 Beneficial owner

Realord Group Holdings (HKSE:01196) Headlines

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