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Roma (meta) Group (HKSE:08072) Cyclically Adjusted PB Ratio : 0.01 (As of May. 23, 2024)


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What is Roma (meta) Group Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Roma (meta) Group's current share price is HK$0.026. Roma (meta) Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was HK$3.67. Roma (meta) Group's Cyclically Adjusted PB Ratio for today is 0.01.

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

HKSE:08072' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.08
Current: 0.01

During the past years, Roma (meta) Group's highest Cyclically Adjusted PB Ratio was 0.08. The lowest was 0.01. And the median was 0.01.

HKSE:08072's Cyclically Adjusted PB Ratio is ranked better than
99.8% of 490 companies
in the Capital Markets industry
Industry Median: 1.17 vs HKSE:08072: 0.01

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.

Roma (meta) Group's adjusted book value per share data for the three months ended in Sep. 2023 was HK$0.414. 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$3.67 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roma (meta) Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Roma (meta) 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.

Roma (meta) Group Cyclically Adjusted PB Ratio Chart

Roma (meta) Group 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 - - - 0.07 0.01

Roma (meta) Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.01 - 0.01 - 0.01

Competitive Comparison of Roma (meta) Group's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Roma (meta) 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.


Roma (meta) Group's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Roma (meta) Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Roma (meta) 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.

Roma (meta) Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.026/3.67
=0.01

* 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.

Roma (meta) Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Roma (meta) Group's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.414/116.0865*116.0865
=0.414

Current CPI (Sep. 2023) = 116.0865.

Roma (meta) Group Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 95.090 0.000
201403 2.684 95.749 3.254
201406 0.000 96.409 0.000
201409 1.488 97.948 1.764
201412 0.000 99.707 0.000
201503 6.382 99.927 7.414
201506 0.000 99.267 0.000
201509 6.741 99.927 7.831
201512 0.000 102.015 0.000
201603 6.255 102.785 7.064
201606 0.000 101.686 0.000
201609 6.516 102.565 7.375
201612 0.000 103.225 0.000
201703 6.547 103.335 7.355
201706 0.000 103.664 0.000
201709 6.537 103.994 7.297
201712 0.000 104.984 0.000
201803 3.895 105.973 4.267
201806 0.000 106.193 0.000
201809 3.629 106.852 3.943
201812 0.000 107.622 0.000
201903 3.394 108.172 3.642
201906 0.000 109.601 0.000
201909 3.371 110.260 3.549
201912 0.000 110.700 0.000
202003 2.339 110.920 2.448
202006 0.000 110.590 0.000
202009 1.828 107.512 1.974
202012 0.000 109.711 0.000
202103 1.666 111.579 1.733
202106 0.000 111.360 0.000
202109 0.572 109.051 0.609
202112 0.000 112.349 0.000
202203 0.521 113.558 0.533
202206 0.000 113.448 0.000
202209 0.516 113.778 0.526
202212 0.000 114.548 0.000
202303 0.498 115.427 0.501
202306 0.000 115.647 0.000
202309 0.414 116.087 0.414

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.


Roma (meta) Group  (HKSE:08072) 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.


Roma (meta) Group Cyclically Adjusted PB Ratio Related Terms

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Roma (meta) Group (HKSE:08072) Business Description

Traded in Other Exchanges
N/A
Address
39 Gloucester Road, Room 1101-4, 11th Floor, Harcourt House, Wanchai, Hong Kong, HKG
Roma (meta) Group Ltd is principally engaged in the provision of valuation and advisory services, financing services and securities broking, placing and underwriting, and investment advisory and asset management services The services of the company include natural resources valuation and technical advisory services, specialized valuation and consultancy services, such as business and intangible assets valuation, financial instruments valuation. Its business segments are Valuation and advisory services, Financing services, Securities broking, placing and underwriting and investment advisory and asset management, and other segments. It operates in Hong Kong and derives the majority of its revenue from the Valuation and advisory services segment.

Roma (meta) Group (HKSE:08072) Headlines

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