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Sixty Six Capital (Sixty Six Capital) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 09, 2024)


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What is Sixty Six Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sixty Six Capital's current share price is $0.02565. Sixty Six Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.07. Sixty Six Capital's Cyclically Adjusted PB Ratio for today is 0.37.

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

HYHDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.74   Max: 3.33
Current: 0.29

During the past years, Sixty Six Capital's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 0.06. And the median was 0.74.

HYHDF's Cyclically Adjusted PB Ratio is ranked better than
89.38% of 584 companies
in the Capital Markets industry
Industry Median: 1.18 vs HYHDF: 0.29

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.

Sixty Six Capital's adjusted book value per share data for the three months ended in Mar. 2024 was $0.050. 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 $0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sixty Six Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sixty Six Capital'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.

Sixty Six Capital Cyclically Adjusted PB Ratio Chart

Sixty Six Capital 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 0.86 1.10 0.64 0.11 0.24

Sixty Six Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.17 0.18 0.24 0.38

Competitive Comparison of Sixty Six Capital's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Sixty Six Capital'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.


Sixty Six Capital's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sixty Six Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sixty Six Capital's Cyclically Adjusted PB Ratio falls into.



Sixty Six Capital 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.

Sixty Six Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02565/0.07
=0.37

* 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.

Sixty Six Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sixty Six Capital's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.05/126.2576*126.2576
=0.050

Current CPI (Mar. 2024) = 126.2576.

Sixty Six Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.115 99.473 0.146
201409 0.111 99.394 0.141
201412 0.061 98.367 0.078
201503 0.057 99.789 0.072
201506 0.057 100.500 0.072
201509 0.052 100.421 0.065
201512 0.049 99.947 0.062
201603 0.050 101.054 0.062
201606 0.051 102.002 0.063
201609 0.049 101.765 0.061
201612 0.010 101.449 0.012
201703 0.011 102.634 0.014
201706 -0.004 103.029 -0.005
201709 0.000 103.345 0.000
201712 0.048 103.345 0.059
201803 0.000 105.004 0.000
201806 0.102 105.557 0.122
201809 0.099 105.636 0.118
201812 0.092 105.399 0.110
201903 0.079 106.979 0.093
201906 0.072 107.690 0.084
201909 0.070 107.611 0.082
201912 0.064 107.769 0.075
202003 0.056 107.927 0.066
202006 0.054 108.401 0.063
202009 0.049 108.164 0.057
202012 0.034 108.559 0.040
202103 0.277 110.298 0.317
202106 0.328 111.720 0.371
202109 0.181 112.905 0.202
202112 0.185 113.774 0.205
202203 0.125 117.646 0.134
202206 0.021 120.806 0.022
202209 -0.012 120.648 -0.013
202212 -0.024 120.964 -0.025
202303 -0.008 122.702 -0.008
202306 0.016 124.203 0.016
202309 0.016 125.230 0.016
202312 0.028 125.072 0.028
202403 0.050 126.258 0.050

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.


Sixty Six Capital  (OTCPK:HYHDF) 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.


Sixty Six Capital Cyclically Adjusted PB Ratio Related Terms

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


Sixty Six Capital (Sixty Six Capital) Business Description

Traded in Other Exchanges
Address
15 Percy Street, London, GBR, W1T 1DS
Sixty Six Capital Inc is a cryptocurrency-focused investment firm. Further investments in disruptive technology such as Crypto Tokens and Crypto Finance remain an option for the business. The company has two reporting segments, the provision of data center services and digital currency transaction verification.

Sixty Six Capital (Sixty Six Capital) Headlines

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