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Vitasoy International Holdings (HKSE:00345) Cyclically Adjusted PB Ratio : 2.46 (As of Jun. 08, 2024)


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What is Vitasoy International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Vitasoy International Holdings's current share price is HK$6.83. Vitasoy International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was HK$2.78. Vitasoy International Holdings's Cyclically Adjusted PB Ratio for today is 2.46.

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

HKSE:00345' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 8.31   Max: 21.6
Current: 2.47

During the past 13 years, Vitasoy International Holdings's highest Cyclically Adjusted PB Ratio was 21.60. The lowest was 2.01. And the median was 8.31.

HKSE:00345's Cyclically Adjusted PB Ratio is ranked worse than
70.91% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs HKSE:00345: 2.47

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.

Vitasoy International Holdings's adjusted book value per share data of for the fiscal year that ended in Mar23 was HK$2.787. 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$2.78 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitasoy International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vitasoy International 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.

Vitasoy International Holdings Cyclically Adjusted PB Ratio Chart

Vitasoy International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.64 10.13 12.01 5.60 5.47

Vitasoy International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 5.60 - 5.47 -

Competitive Comparison of Vitasoy International Holdings's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Vitasoy International 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.


Vitasoy International Holdings's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vitasoy International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vitasoy International 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.

Vitasoy International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.83/2.78
=2.46

* 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.

Vitasoy International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Vitasoy International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=2.787/115.4269*115.4269
=2.787

Current CPI (Mar23) = 115.4269.

Vitasoy International Holdings Annual Data

Book Value per Share CPI Adj_Book
201403 1.692 95.749 2.040
201503 1.846 99.927 2.132
201603 2.100 102.785 2.358
201703 2.350 103.335 2.625
201803 2.748 105.973 2.993
201903 2.982 108.172 3.182
202003 2.941 110.920 3.061
202103 3.388 111.579 3.505
202203 3.045 113.558 3.095
202303 2.787 115.427 2.787

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.


Vitasoy International Holdings  (HKSE:00345) 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.


Vitasoy International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Vitasoy International Holdings (HKSE:00345) Business Description

Traded in Other Exchanges
Address
Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG
Vitasoy International Holdings Ltd manufactures and sells tofu, soy and other plant-based milks, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Its two biggest markets are China and Hong Kong, which collectively account for more than three-quarters of the company's sales. Most remaining sales are generated in North America, Australia, New Zealand, and Singapore, although the company's products are sold in roughly 40 countries worldwide.
Executives
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Lo Yau Lai Winston 2101 Beneficial owner
Lo Mo Ling Yvonne 2305 Beneficiary of a trust
Fukuda Keiko Aun 2301 Trustee
Lye Christopher 2301 Trustee
Chan Alexandra 2301 Trustee
Cheung Lo Joy 2301 Trustee
Lo Tak Shing, Peter 2301 Trustee
Chan Irene Lo 2301 Trustee
Lo Kai Tun 2301 Trustee

Vitasoy International Holdings (HKSE:00345) Headlines

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