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Pacific Century Premium Developments (Pacific Century Premium Developments) Cyclically Adjusted PB Ratio : 0.03 (As of May. 24, 2024)


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What is Pacific Century Premium Developments Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Pacific Century Premium Developments's current share price is $0.02734. Pacific Century Premium Developments's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $0.93. Pacific Century Premium Developments's Cyclically Adjusted PB Ratio for today is 0.03.

The historical rank and industry rank for Pacific Century Premium Developments's Cyclically Adjusted PB Ratio or its related term are showing as below:

PCPDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.23   Max: 1.14
Current: 0.03

During the past 13 years, Pacific Century Premium Developments's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.02. And the median was 0.23.

PCPDF's Cyclically Adjusted PB Ratio is ranked better than
98.8% of 1335 companies
in the Real Estate industry
Industry Median: 0.71 vs PCPDF: 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.

Pacific Century Premium Developments's adjusted book value per share data of for the fiscal year that ended in Dec23 was $0.034. 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 $0.93 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Century Premium Developments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pacific Century Premium Developments'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.

Pacific Century Premium Developments Cyclically Adjusted PB Ratio Chart

Pacific Century Premium Developments 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 0.14 0.07 0.05 0.04 0.03

Pacific Century Premium Developments 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 0.05 - 0.04 - 0.03

Competitive Comparison of Pacific Century Premium Developments's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Pacific Century Premium Developments'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.


Pacific Century Premium Developments's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pacific Century Premium Developments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pacific Century Premium Developments's Cyclically Adjusted PB Ratio falls into.



Pacific Century Premium Developments 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.

Pacific Century Premium Developments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02734/0.93
=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.

Pacific Century Premium Developments's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pacific Century Premium Developments'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)
=0.034/117.2957*117.2957
=0.034

Current CPI (Dec23) = 117.2957.

Pacific Century Premium Developments Annual Data

Book Value per Share CPI Adj_Book
201412 1.774 99.707 2.087
201512 1.677 102.015 1.928
201612 1.577 103.225 1.792
201712 1.476 104.984 1.649
201812 1.258 107.622 1.371
201912 1.235 110.700 1.309
202012 0.260 109.711 0.278
202112 0.152 112.349 0.159
202212 0.068 114.548 0.070
202312 0.034 117.296 0.034

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.


Pacific Century Premium Developments  (OTCPK:PCPDF) 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.


Pacific Century Premium Developments Cyclically Adjusted PB Ratio Related Terms

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


Pacific Century Premium Developments (Pacific Century Premium Developments) Business Description

Traded in Other Exchanges
Address
100 Cyberport Road, 8th Floor, Cyberport 2, Hong Kong, HKG
Pacific Century Premium Developments Ltd is principally engaged in property and infrastructure businesses. Its segments include All-season recreational activities in Japan, Property investment in Indonesia Property development and golf operation in Thailand, Property development in Japan, Hotel operations in Japan, Property and facilities management in Hong Kong, Property development in Hong Kong, and Other businesses. its geographical presence in Japan, Hong Kong, Thailand and Indonesia, of which revenue is generated from Indonesia.

Pacific Century Premium Developments (Pacific Century Premium Developments) Headlines

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