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Sky Blue 11 Co (HKSE:01010) Cyclically Adjusted PB Ratio : 1.28 (As of Jun. 08, 2024)


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What is Sky Blue 11 Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Sky Blue 11 Co's current share price is HK$0.46. Sky Blue 11 Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.36. Sky Blue 11 Co's Cyclically Adjusted PB Ratio for today is 1.28.

The historical rank and industry rank for Sky Blue 11 Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01010' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.09   Max: 15.64
Current: 1.29

During the past 13 years, Sky Blue 11 Co's highest Cyclically Adjusted PB Ratio was 15.64. The lowest was 0.70. And the median was 3.09.

HKSE:01010's Cyclically Adjusted PB Ratio is ranked worse than
50.65% of 997 companies
in the Vehicles & Parts industry
Industry Median: 1.35 vs HKSE:01010: 1.29

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.

Sky Blue 11 Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$-0.008. 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$0.36 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sky Blue 11 Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sky Blue 11 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.

Sky Blue 11 Co Cyclically Adjusted PB Ratio Chart

Sky Blue 11 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 2.54 3.03 12.89 2.46 1.92

Sky Blue 11 Co 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 12.89 - 2.46 - 1.92

Competitive Comparison of Sky Blue 11 Co's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, Sky Blue 11 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.


Sky Blue 11 Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sky Blue 11 Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sky Blue 11 Co's Cyclically Adjusted PB Ratio falls into.



Sky Blue 11 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.

Sky Blue 11 Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.46/0.36
=1.28

* 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.

Sky Blue 11 Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sky Blue 11 Co'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)
=-0.008/117.2957*117.2957
=-0.008

Current CPI (Dec23) = 117.2957.

Sky Blue 11 Co Annual Data

Book Value per Share CPI Adj_Book
201412 0.574 99.707 0.675
201512 0.497 102.015 0.571
201612 0.455 103.225 0.517
201712 0.479 104.984 0.535
201812 0.352 107.622 0.384
201912 0.287 110.700 0.304
202012 0.290 109.711 0.310
202112 0.169 112.349 0.176
202212 0.127 114.548 0.130
202312 -0.008 117.296 -0.008

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.


Sky Blue 11 Co  (HKSE:01010) 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.


Sky Blue 11 Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sky Blue 11 Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sky Blue 11 Co (HKSE:01010) Business Description

Traded in Other Exchanges
N/A
Address
50 Connaught Road Central, 28th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
Balk 1798 Group Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; sales of yachts and other yachting related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China.
Executives
Duan Hongtao 2201 Interest of corporation controlled by you
Zhong Ying Guo Ji Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Arrab Chalid 2201 Interest of corporation controlled by you
Lloyds Investment Group Fzco 2101 Beneficial owner
Duan Hongtao 2201 Interest of corporation controlled by you
Ever Digital Limited 2101 Beneficial owner
Ever Digital Limited 2101 Beneficial owner
Tong Liang 2201 Interest of corporation controlled by you
Yao Zheng Guo Ji Kong Gu You Xian Gong Si 2101 Beneficial owner

Sky Blue 11 Co (HKSE:01010) Headlines

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