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Goldlion Holdings (HKSE:00533) Cyclically Adjusted PB Ratio : 0.22 (As of Jun. 08, 2024)


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What is Goldlion Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Goldlion Holdings's current share price is HK$1.00. Goldlion Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$4.53. Goldlion Holdings's Cyclically Adjusted PB Ratio for today is 0.22.

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

HKSE:00533' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.94   Max: 1.75
Current: 0.22

During the past 13 years, Goldlion Holdings's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.22. And the median was 0.94.

HKSE:00533's Cyclically Adjusted PB Ratio is ranked better than
91.84% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs HKSE:00533: 0.22

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.

Goldlion Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$4.523. 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$4.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldlion Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Goldlion 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.

Goldlion Holdings Cyclically Adjusted PB Ratio Chart

Goldlion 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 0.64 0.38 0.38 0.30 0.24

Goldlion 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 0.38 - 0.30 - 0.24

Competitive Comparison of Goldlion Holdings's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Goldlion 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.


Goldlion Holdings's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goldlion Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Goldlion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/4.53
=0.22

* 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.

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

For example, Goldlion 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)
=4.523/117.2957*117.2957
=4.523

Current CPI (Dec23) = 117.2957.

Goldlion Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 3.640 99.707 4.282
201512 3.685 102.015 4.237
201612 3.757 103.225 4.269
201712 4.019 104.984 4.490
201812 4.214 107.622 4.593
201912 4.300 110.700 4.556
202012 4.501 109.711 4.812
202112 4.709 112.349 4.916
202212 4.545 114.548 4.654
202312 4.523 117.296 4.523

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.


Goldlion Holdings  (HKSE:00533) 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.


Goldlion Holdings Cyclically Adjusted PB Ratio Related Terms

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


Goldlion Holdings (HKSE:00533) Business Description

Traded in Other Exchanges
Address
7th Floor, Goldlion Holdings Centre, 13-15 Yuen Shun Circuit, Siu Lek Yuenv, Shatin, New Territories, Hong Kong, HKG
Goldlion Holdings Ltd through its subsidiaries is engaged in the distribution and manufacturing of garments, leather goods, and accessories in China, Hong Kong, Singapore, and Malaysia. It has three reportable segments: Apparel in China Mainland and Hong Kong SAR - Distribution and Manufacturing of Garments, leather goods and accessories and licensing of brand name in China Mainland and Hong Kong SAR; Apparel in Singapore - Distribution and manufacturing of garments, leather goods and accessories in Singapore; and Property investment and development - Investment in and development of properties in China Mainland and Hong Kong SAR and Singapore.
Executives
Tsang Chi Ming Ricky
Fmr Llc 2201 Interest of corporation controlled by you
Wong Lei Kuan
Tsang Hin Chi Charities (management) Limited 2301 Trustee

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