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Huili Resources (Group) (HKSE:01303) Cyclically Adjusted PB Ratio : 1.30 (As of Jun. 08, 2024)


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What is Huili Resources (Group) Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Huili Resources (Group)'s current share price is HK$0.495. Huili Resources (Group)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.38. Huili Resources (Group)'s Cyclically Adjusted PB Ratio for today is 1.30.

The historical rank and industry rank for Huili Resources (Group)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01303' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.68   Max: 1.39
Current: 1.39

During the past 13 years, Huili Resources (Group)'s highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.18. And the median was 0.68.

HKSE:01303's Cyclically Adjusted PB Ratio is ranked better than
55.71% of 140 companies
in the Other Energy Sources industry
Industry Median: 1.58 vs HKSE:01303: 1.39

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.

Huili Resources (Group)'s adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.482. 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$0.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huili Resources (Group) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huili Resources (Group)'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.

Huili Resources (Group) Cyclically Adjusted PB Ratio Chart

Huili Resources (Group) 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 0.88 0.39 0.41 0.75 0.76

Huili Resources (Group) 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 0.41 - 0.75 - 0.76

Competitive Comparison of Huili Resources (Group)'s Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, Huili Resources (Group)'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.


Huili Resources (Group)'s Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s Cyclically Adjusted PB Ratio falls into.



Huili Resources (Group) 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.

Huili Resources (Group)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.495/0.38
=1.30

* 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.

Huili Resources (Group)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Huili Resources (Group)'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)
=0.482/114.7809*114.7809
=0.482

Current CPI (Dec23) = 114.7809.

Huili Resources (Group) Annual Data

Book Value per Share CPI Adj_Book
201412 0.379 99.000 0.439
201512 0.380 100.600 0.434
201612 0.376 102.600 0.421
201712 0.360 104.500 0.395
201812 0.311 106.500 0.335
201912 0.294 111.200 0.303
202012 0.301 111.500 0.310
202112 0.297 113.108 0.301
202212 0.395 115.116 0.394
202312 0.482 114.781 0.482

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.


Huili Resources (Group)  (HKSE:01303) 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.


Huili Resources (Group) Cyclically Adjusted PB Ratio Related Terms

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


Huili Resources (Group) (HKSE:01303) Business Description

Traded in Other Exchanges
N/A
Address
Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG
Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.
Executives
Sky Circle International Limited 2101 Beneficial owner
Prosper Union Holdings Limited 2101 Beneficial owner
Bong Chin Chung 2101 Beneficial owner
Feng Yuantao 2101 Beneficial owner
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Ye Xin 2201 Interest of corporation controlled by you
Cui Yazhou 2201 Interest of corporation controlled by you
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Pine Success International Holdings Limited 2101 Beneficial owner
Cao Jianwei 2201 Interest of corporation controlled by you
Gao Miao Miao 2201 Interest of corporation controlled by you
Legend Vantage Limited 2101 Beneficial owner

Huili Resources (Group) (HKSE:01303) Headlines

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