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A-Smart Holdings (SGX:BQC) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 04, 2024)


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What is A-Smart Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-04), A-Smart Holdings's current share price is S$0.083. A-Smart Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 was S$0.08. A-Smart Holdings's Cyclically Adjusted PB Ratio for today is 1.04.

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

SGX:BQC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 2.9
Current: 1.1

During the past 13 years, A-Smart Holdings's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.10. And the median was 0.26.

SGX:BQC's Cyclically Adjusted PB Ratio is ranked better than
63.43% of 670 companies
in the Business Services industry
Industry Median: 1.6 vs SGX:BQC: 1.10

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.

A-Smart Holdings's adjusted book value per share data of for the fiscal year that ended in Jul23 was S$0.100. 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 S$0.08 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


A-Smart Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A-Smart 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.

A-Smart Holdings Cyclically Adjusted PB Ratio Chart

A-Smart Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.29 0.25 0.22 2.56

A-Smart Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 0.22 - 2.56 -

Competitive Comparison of A-Smart Holdings's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, A-Smart 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.


A-Smart Holdings's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, A-Smart Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where A-Smart Holdings's Cyclically Adjusted PB Ratio falls into.



A-Smart 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.

A-Smart Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.083/0.08
=1.04

* 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.

A-Smart Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 is calculated as:

For example, A-Smart Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jul23 was:

Adj_Book=Book Value per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.1/128.9743*128.9743
=0.100

Current CPI (Jul23) = 128.9743.

A-Smart Holdings Annual Data

Book Value per Share CPI Adj_Book
201407 0.001 100.520 0.001
201507 0.085 100.691 0.109
201607 0.016 101.524 0.020
201707 0.047 103.278 0.059
201807 0.076 106.324 0.092
201907 0.074 108.250 0.088
202007 0.099 109.318 0.117
202107 0.095 115.183 0.106
202207 0.089 125.002 0.092
202307 0.100 128.974 0.100

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.


A-Smart Holdings  (SGX:BQC) 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.


A-Smart Holdings Cyclically Adjusted PB Ratio Related Terms

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


A-Smart Holdings (SGX:BQC) Business Description

Traded in Other Exchanges
Address
61 Tai Seng Avenue, No. 03-03, Print Media Hub, Paya Lebar iPark, Singapore, SGP, 534167
A-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Property, Print and Media, Smart Technologies and Corporate and Others. It generates maximum revenue from the Print Media segment. The Print Media segment is involved in the printing of financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, yearbooks, trade directories, magazines, other commercial publications, collaterals and event management. Geographically, it derives revenue from Singapore.

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