GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingsoft Corp Ltd (OTCPK:KSFTF) » Definitions » Cyclically Adjusted PB Ratio

Kingsoft (Kingsoft) Cyclically Adjusted PB Ratio : 1.68 (As of Jun. 08, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Kingsoft Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Kingsoft's current share price is $3.20. Kingsoft's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.90. Kingsoft's Cyclically Adjusted PB Ratio for today is 1.68.

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

KSFTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 3.56   Max: 10.16
Current: 2.05

During the past years, Kingsoft's highest Cyclically Adjusted PB Ratio was 10.16. The lowest was 1.58. And the median was 3.56.

KSFTF's Cyclically Adjusted PB Ratio is ranked worse than
57.91% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs KSFTF: 2.05

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.

Kingsoft's adjusted book value per share data for the three months ended in Dec. 2023 was $2.207. 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 $1.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingsoft Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kingsoft'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.

Kingsoft Cyclically Adjusted PB Ratio Chart

Kingsoft 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 3.13 6.62 3.66 2.40 1.98

Kingsoft Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 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 2.40 3.43 2.65 2.39 1.98

Competitive Comparison of Kingsoft's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Kingsoft'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.


Kingsoft's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingsoft's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kingsoft 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.

Kingsoft's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.20/1.9
=1.68

* 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.

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

For example, Kingsoft'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)
=2.207/114.7809*114.7809
=2.207

Current CPI (Dec. 2023) = 114.7809.

Kingsoft Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 97.332 0.000
201312 0.471 97.624 0.554
201403 0.512 98.600 0.596
201406 0.630 98.200 0.736
201409 0.000 98.900 0.000
201412 0.622 99.000 0.721
201503 0.634 99.900 0.728
201506 0.941 99.500 1.086
201509 0.906 100.500 1.035
201512 0.948 100.600 1.082
201603 0.951 102.200 1.068
201606 0.863 101.400 0.977
201609 0.864 102.400 0.968
201612 0.874 102.600 0.978
201703 0.909 103.200 1.011
201706 0.979 103.100 1.090
201709 1.045 104.100 1.152
201712 1.407 104.500 1.545
201803 1.532 105.300 1.670
201806 1.487 104.900 1.627
201809 1.403 106.600 1.511
201812 1.387 106.500 1.495
201903 1.407 107.700 1.500
201906 1.223 107.700 1.303
201909 1.205 109.800 1.260
201912 1.440 111.200 1.486
202006 2.501 110.400 2.600
202009 0.000 111.700 0.000
202012 2.757 111.500 2.838
202106 2.808 111.769 2.884
202109 2.857 112.215 2.922
202112 2.847 113.108 2.889
202203 0.000 114.335 0.000
202206 2.730 114.558 2.735
202209 0.000 115.339 0.000
202212 2.059 115.116 2.053
202303 2.104 115.116 2.098
202306 2.167 114.558 2.171
202309 2.147 115.339 2.137
202312 2.207 114.781 2.207

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.


Kingsoft  (OTCPK:KSFTF) 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.


Kingsoft Cyclically Adjusted PB Ratio Related Terms

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


Kingsoft (Kingsoft) Business Description

Traded in Other Exchanges
Address
No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085
Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others and office software and services. It generates maximum revenue from the entertainment software and others segment. The entertainment software and others segment is engaged in the research and development of games, and the provision of online games, mobile games and casual game services. Geographically, it derives a majority of revenue from Mainland China.

Kingsoft (Kingsoft) Headlines

From GuruFocus

Matthews China Fund Comments on Kingsoft

By Sydnee Gatewood Sydnee Gatewood 01-25-2021

Kingsoft Announces 2023 Third Quarter Results

By ACN Newswire 11-21-2023

Matthews China Fund's Top 4 New Buys of the 4th Quarter

By James Li James Li 02-10-2021

Kingsoft Announces 2022 Annual and Fourth Quarter Results

By ACN Newswire ACN Newswire 03-23-2023