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Jardine Matheson Holdings (Jardine Matheson Holdings) Cyclically Adjusted PB Ratio : 0.56 (As of Apr. 27, 2024)


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What is Jardine Matheson Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Jardine Matheson Holdings's current share price is $38.0246. Jardine Matheson Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $67.90. Jardine Matheson Holdings's Cyclically Adjusted PB Ratio for today is 0.56.

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

JARLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.3   Max: 4.39
Current: 0.58

During the past 13 years, Jardine Matheson Holdings's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 0.55. And the median was 2.30.

JARLF's Cyclically Adjusted PB Ratio is ranked better than
65.87% of 416 companies
in the Conglomerates industry
Industry Median: 0.925 vs JARLF: 0.58

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.

Jardine Matheson Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was $115.034. 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 $67.90 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jardine Matheson Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jardine Matheson 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.

Jardine Matheson Holdings Cyclically Adjusted PB Ratio Chart

Jardine Matheson Holdings 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 1.74 1.65 1.22 0.91 0.63

Jardine Matheson Holdings Semi-Annual Data
Jun14 Dec14 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 1.22 - 0.91 - 0.63

Competitive Comparison of Jardine Matheson Holdings's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Jardine Matheson 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.


Jardine Matheson Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jardine Matheson 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.

Jardine Matheson Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.0246/67.9
=0.56

* 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.

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

For example, Jardine Matheson 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)
=115.034/129.4194*129.4194
=115.034

Current CPI (Dec23) = 129.4194.

Jardine Matheson Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 27.883 99.070 36.425
201512 28.328 99.792 36.738
201612 30.553 101.863 38.818
201712 34.996 104.011 43.545
201812 35.372 105.998 43.188
201912 41.407 108.420 49.427
202012 40.590 109.897 47.801
202112 117.672 117.630 129.466
202212 114.179 125.222 118.006
202312 115.034 129.419 115.034

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.


Jardine Matheson Holdings  (OTCPK:JARLF) 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.


Jardine Matheson Holdings Cyclically Adjusted PB Ratio Related Terms

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


Jardine Matheson Holdings (Jardine Matheson Holdings) Business Description

Traded in Other Exchanges
Address
33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.

Jardine Matheson Holdings (Jardine Matheson Holdings) Headlines

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