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Sino-Life Group (HKSE:08296) Cyclically Adjusted PB Ratio : 0.36 (As of Jun. 08, 2024)


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What is Sino-Life Group Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Sino-Life Group's current share price is HK$0.082. Sino-Life Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was HK$0.23. Sino-Life Group's Cyclically Adjusted PB Ratio for today is 0.36.

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

HKSE:08296' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.57   Max: 0.88
Current: 0.39

During the past years, Sino-Life Group's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.24. And the median was 0.57.

HKSE:08296's Cyclically Adjusted PB Ratio is ranked better than
89.47% of 57 companies
in the Personal Services industry
Industry Median: 1.73 vs HKSE:08296: 0.39

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.

Sino-Life Group's adjusted book value per share data for the three months ended in Dec. 2023 was HK$0.153. 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$0.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino-Life Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sino-Life Group'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.

Sino-Life Group Cyclically Adjusted PB Ratio Chart

Sino-Life Group 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 0.41 0.54 0.66 0.66 0.37

Sino-Life Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.66 - 0.59 - 0.37

Competitive Comparison of Sino-Life Group's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Sino-Life Group'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.


Sino-Life Group's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Sino-Life Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sino-Life Group's Cyclically Adjusted PB Ratio falls into.



Sino-Life Group 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.

Sino-Life Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.082/0.23
=0.36

* 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.

Sino-Life Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sino-Life Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.153/117.2957*117.2957
=0.153

Current CPI (Dec. 2023) = 117.2957.

Sino-Life Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 95.749 0.000
201406 0.314 96.409 0.382
201409 0.000 97.948 0.000
201412 0.292 99.707 0.344
201503 0.000 99.927 0.000
201506 0.293 99.267 0.346
201509 0.000 99.927 0.000
201512 0.263 102.015 0.302
201603 0.000 102.785 0.000
201606 0.263 101.686 0.303
201609 0.000 102.565 0.000
201612 0.202 103.225 0.230
201703 0.000 103.335 0.000
201706 0.203 103.664 0.230
201709 0.000 103.994 0.000
201712 0.183 104.984 0.204
201803 0.000 105.973 0.000
201806 0.193 106.193 0.213
201809 0.000 106.852 0.000
201812 0.161 107.622 0.175
201903 0.000 108.172 0.000
201906 0.175 109.601 0.187
201909 0.000 110.260 0.000
201912 0.189 110.700 0.200
202003 0.000 110.920 0.000
202006 0.191 110.590 0.203
202009 0.000 107.512 0.000
202012 0.190 109.711 0.203
202103 0.000 111.579 0.000
202106 0.201 111.360 0.212
202109 0.000 109.051 0.000
202112 0.189 112.349 0.197
202203 0.000 113.558 0.000
202206 0.173 113.448 0.179
202209 0.000 113.778 0.000
202212 0.170 114.548 0.174
202303 0.000 115.427 0.000
202306 0.138 115.647 0.140
202309 0.000 116.087 0.000
202312 0.153 117.296 0.153

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.


Sino-Life Group  (HKSE:08296) 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.


Sino-Life Group Cyclically Adjusted PB Ratio Related Terms

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


Sino-Life Group (HKSE:08296) Business Description

Traded in Other Exchanges
N/A
Address
77 Wing Lok Street, 18th Floor, Ovest, Sheung Wan, Hong Kong, HKG
Sino-Life Group Ltd offers funeral services. It is primarily engaged in the provision of funeral and related services, the sale of burial plots and provision of cemetery maintenance services. The company operates in the segments of Funeral services, Elderly care services, and Stem cells and immunocytes business. It derives prime revenue from the Funeral services segment. Geographically, the group has a business presence in the PRC, Taiwan, Hong Kong, and Vietnam, of which a majority of revenue is generated from the PRC.
Executives
Ou Yafei 2101 Beneficial owner
Shen Zhen Shi Nan Yue Tian Che Sheng Wu Zhi Neng Zhuang Bei Tou Zi You Xian Gong Si 2106 Person having a security interest in shares
Xiang Gang Gao Qi Sheng Wu Ke Ji You Xian Gong Si 2101 Beneficial owner

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