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Chailease Holding Co (LUX:CLHRS) Cyclically Adjusted PB Ratio : 2.66 (As of Jun. 09, 2024)


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What is Chailease Holding Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Chailease Holding Co's current share price is $23.60. Chailease Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.87. Chailease Holding Co's Cyclically Adjusted PB Ratio for today is 2.66.

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

LUX:CLHRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.64   Med: 4.49   Max: 7.41
Current: 2.69

During the past years, Chailease Holding Co's highest Cyclically Adjusted PB Ratio was 7.41. The lowest was 2.64. And the median was 4.49.

LUX:CLHRS's Cyclically Adjusted PB Ratio is ranked worse than
78.9% of 365 companies
in the Credit Services industry
Industry Median: 0.94 vs LUX:CLHRS: 2.69

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.

Chailease Holding Co's adjusted book value per share data for the three months ended in Mar. 2024 was $15.431. 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 $8.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chailease Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chailease Holding Co'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.

Chailease Holding Co Cyclically Adjusted PB Ratio Chart

Chailease Holding Co 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 4.47 4.95 6.62 4.63 3.56

Chailease Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.52 3.96 3.44 3.56 3.02

Competitive Comparison of Chailease Holding Co's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Chailease Holding Co'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.


Chailease Holding Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chailease Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chailease Holding Co 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.

Chailease Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.60/8.87
=2.66

* 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.

Chailease Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chailease Holding Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.431/131.7762*131.7762
=15.431

Current CPI (Mar. 2024) = 131.7762.

Chailease Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.504 100.560 4.592
201409 3.776 100.428 4.955
201412 3.912 99.070 5.203
201503 4.074 99.621 5.389
201506 3.944 100.684 5.162
201509 4.022 100.392 5.279
201512 4.127 99.792 5.450
201603 4.313 100.470 5.657
201606 4.070 101.688 5.274
201609 4.293 101.861 5.554
201612 4.388 101.863 5.677
201703 4.705 102.862 6.028
201706 4.596 103.349 5.860
201709 4.949 104.136 6.263
201712 5.766 104.011 7.305
201803 6.245 105.290 7.816
201806 5.933 106.317 7.354
201809 6.062 106.507 7.500
201812 6.401 105.998 7.958
201903 6.828 107.251 8.389
201906 6.561 108.070 8.000
201909 6.876 108.329 8.364
201912 7.421 108.420 9.020
202003 7.738 108.902 9.363
202006 7.625 108.767 9.238
202009 9.801 109.815 11.761
202012 10.728 109.897 12.864
202103 11.234 111.754 13.247
202106 11.169 114.631 12.839
202109 11.830 115.734 13.470
202112 12.543 117.630 14.051
202203 13.338 121.301 14.490
202206 12.455 125.017 13.128
202209 13.354 125.227 14.052
202212 14.126 125.222 14.865
202303 14.874 127.348 15.391
202306 14.080 128.729 14.413
202309 14.399 129.860 14.612
202312 15.108 129.419 15.383
202403 15.431 131.776 15.431

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.


Chailease Holding Co  (LUX:CLHRS) 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.


Chailease Holding Co Cyclically Adjusted PB Ratio Related Terms

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


Chailease Holding Co (LUX:CLHRS) Business Description

Traded in Other Exchanges
Address
No. 362, Ruiguang Road, Neihu District, Taipei, TWN
Chailease Holding Co Ltd provides various forms of financing and primarily operates in Taiwan and mainland China. The company also has a presence in the Western United States. Its main products and services include leasing, instalment sales, import/export financing, and direct financing to corporations and small and medium-sized enterprises. The company began operations by primarily providing asset-backed financing to companies in heavy industries to help with their property, plant, and equipment needs. The majority of the company's revenue is interest income. Geographically, the company's revenue is split nearly evenly between Taiwan, China, and ASEAN regions.

Chailease Holding Co (LUX:CLHRS) Headlines

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