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PPS International (Holdings) (HKSE:08201) Cyclically Adjusted PB Ratio : 0.14 (As of Jun. 09, 2024)


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What is PPS International (Holdings) Cyclically Adjusted PB Ratio?

As of today (2024-06-09), PPS International (Holdings)'s current share price is HK$0.065. PPS International (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was HK$0.48. PPS International (Holdings)'s Cyclically Adjusted PB Ratio for today is 0.14.

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

HKSE:08201' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.15   Max: 0.21
Current: 0.14

During the past years, PPS International (Holdings)'s highest Cyclically Adjusted PB Ratio was 0.21. The lowest was 0.10. And the median was 0.15.

HKSE:08201's Cyclically Adjusted PB Ratio is ranked better than
97.81% of 137 companies
in the Waste Management industry
Industry Median: 1.62 vs HKSE:08201: 0.14

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.

PPS International (Holdings)'s adjusted book value per share data for the three months ended in Dec. 2023 was HK$0.378. 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$0.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PPS International (Holdings) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PPS International (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.

PPS International (Holdings) Cyclically Adjusted PB Ratio Chart

PPS International (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.19 0.13

PPS International (Holdings) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.14 - 0.13 - 0.15

Competitive Comparison of PPS International (Holdings)'s Cyclically Adjusted PB Ratio

For the Waste Management subindustry, PPS International (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.


PPS International (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PPS International (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PPS International (Holdings)'s Cyclically Adjusted PB Ratio falls into.



PPS International (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.

PPS International (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.48
=0.14

* 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.

PPS International (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PPS International (Holdings)'s adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.378/117.2957*117.2957
=0.378

Current CPI (Dec. 2023) = 117.2957.

PPS International (Holdings) Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 95.749 0.000
201406 0.399 96.409 0.485
201409 0.000 97.948 0.000
201412 0.657 99.707 0.773
201503 0.000 99.927 0.000
201506 0.475 99.267 0.561
201509 0.000 99.927 0.000
201512 0.656 102.015 0.754
201603 0.000 102.785 0.000
201606 0.516 101.686 0.595
201609 0.000 102.565 0.000
201612 0.371 103.225 0.422
201703 0.000 103.335 0.000
201706 0.493 103.664 0.558
201709 0.000 103.994 0.000
201712 0.487 104.984 0.544
201803 0.000 105.973 0.000
201806 0.557 106.193 0.615
201809 0.000 106.852 0.000
201812 0.383 107.622 0.417
201903 0.000 108.172 0.000
201906 0.399 109.601 0.427
201909 0.000 110.260 0.000
201912 0.393 110.700 0.416
202003 0.000 110.920 0.000
202006 0.330 110.590 0.350
202009 0.000 107.512 0.000
202012 0.364 109.711 0.389
202103 0.000 111.579 0.000
202106 0.369 111.360 0.389
202109 0.000 109.051 0.000
202112 0.389 112.349 0.406
202203 0.000 113.558 0.000
202206 0.388 113.448 0.401
202209 0.000 113.778 0.000
202212 0.392 114.548 0.401
202303 0.000 115.427 0.000
202306 0.369 115.647 0.374
202309 0.000 116.087 0.000
202312 0.378 117.296 0.378

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.


PPS International (Holdings)  (HKSE:08201) 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.


PPS International (Holdings) Cyclically Adjusted PB Ratio Related Terms

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


PPS International (Holdings) (HKSE:08201) Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Wai Yip Street, Tower A, Capital Tower, Office A, 12th Floor, Kowloon Bay, Kowloon, Hong Kong, HKG
PPS International (Holdings) Ltd is an investment holding company. The company's operating segment include Environmental and cleaning; Money lending and Investments. It generates maximum revenue from the Environmental and cleaning segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC.
Executives
Yu Shaoheng 2101 Beneficial owner
Wui Wo Enterprise Limited 2101 Beneficial owner
Mui Fong 2202 Interest of your spouse
Yu Weiye 2201 Interest of corporation controlled by you

PPS International (Holdings) (HKSE:08201) Headlines

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