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Luxxu Group (HKSE:01327) Cyclically Adjusted PB Ratio : 0.03 (As of Jun. 04, 2024)


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What is Luxxu Group Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Luxxu Group's current share price is HK$0.065. Luxxu Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$2.50. Luxxu Group's Cyclically Adjusted PB Ratio for today is 0.03.

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

HKSE:01327' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.08
Current: 0.03

During the past 11 years, Luxxu Group's highest Cyclically Adjusted PB Ratio was 0.08. The lowest was 0.02. And the median was 0.03.

HKSE:01327's Cyclically Adjusted PB Ratio is ranked better than
99.6% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs HKSE:01327: 0.03

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.

Luxxu Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$0.167. 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$2.50 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luxxu Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luxxu 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.

Luxxu Group Cyclically Adjusted PB Ratio Chart

Luxxu 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 - - - 0.08 0.02

Luxxu 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 - - 0.08 - 0.02

Competitive Comparison of Luxxu Group's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Luxxu 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.


Luxxu Group's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Luxxu Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Luxxu 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.

Luxxu Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/2.5
=0.03

* 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.

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

For example, Luxxu 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)
=0.167/117.2957*117.2957
=0.167

Current CPI (Dec23) = 117.2957.

Luxxu Group Annual Data

Book Value per Share CPI Adj_Book
201412 5.870 99.707 6.905
201512 8.020 102.015 9.221
201612 2.245 103.225 2.551
201712 1.898 104.984 2.121
201812 1.536 107.622 1.674
201912 1.146 110.700 1.214
202012 0.541 109.711 0.578
202112 0.351 112.349 0.366
202212 0.245 114.548 0.251
202312 0.167 117.296 0.167

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.


Luxxu Group  (HKSE:01327) 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.


Luxxu Group Cyclically Adjusted PB Ratio Related Terms

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


Luxxu Group (HKSE:01327) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Unit 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Luxxu Group Ltd is an investment company engaged in the manufacturing and sales of own-branded watches and jewelry, including but not limited to diamond watches, tourbillion watches and luxury jewelry accessories, OEM watches, and third-party watches. Geographically, it operates in Asia, the PRC, and Europe, with Asia deriving the majority of the revenue. It derives key revenue from the sale of branded watches.
Executives
Lin Zhiqiang 2201 Interest of corporation controlled by you
Visual Wise Limited 2101 Beneficial owner

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