GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Debao Property Development Ltd (SGX:BTF) » Definitions » Cyclically Adjusted PB Ratio

Debao Property Development (SGX:BTF) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 09, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Debao Property Development Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Debao Property Development's current share price is S$0.128. Debao Property Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was S$2.97. Debao Property Development's Cyclically Adjusted PB Ratio for today is 0.04.

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

SGX:BTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.13
Current: 0.04

During the past years, Debao Property Development's highest Cyclically Adjusted PB Ratio was 0.13. The lowest was 0.02. And the median was 0.04.

SGX:BTF's Cyclically Adjusted PB Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.71 vs SGX:BTF: 0.04

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.

Debao Property Development's adjusted book value per share data for the three months ended in Mar. 2024 was S$0.535. 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 S$2.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Debao Property Development Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Debao Property Development'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.

Debao Property Development Cyclically Adjusted PB Ratio Chart

Debao Property Development Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.03 0.02

Debao Property Development Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Debao Property Development's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Debao Property Development'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.


Debao Property Development's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Debao Property Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Debao Property Development's Cyclically Adjusted PB Ratio falls into.



Debao Property Development 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.

Debao Property Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.128/2.97
=0.04

* 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.

Debao Property Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Debao Property Development'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)
=0.535/115.2271*115.2271
=0.535

Current CPI (Mar. 2024) = 115.2271.

Debao Property Development Quarterly Data

Book Value per Share CPI Adj_Book
201306 3.022 95.984 3.628
201309 3.005 97.332 3.557
201312 3.424 97.624 4.041
201403 3.380 98.600 3.950
201406 3.226 98.200 3.785
201409 3.222 98.900 3.754
201412 3.879 99.000 4.515
201503 3.973 99.900 4.583
201506 3.752 99.500 4.345
201509 3.643 100.500 4.177
201512 4.331 100.600 4.961
201603 4.241 102.200 4.782
201606 4.008 101.400 4.555
201609 3.831 102.400 4.311
201612 3.415 102.600 3.835
201703 3.661 103.200 4.088
201706 3.616 103.100 4.041
201709 3.617 104.100 4.004
201712 3.264 104.500 3.599
201803 3.711 105.300 4.061
201806 3.495 104.900 3.839
201809 3.130 106.600 3.383
201812 2.260 106.500 2.445
201903 3.062 107.700 3.276
201906 2.713 107.700 2.903
201909 1.953 109.800 2.050
201912 1.634 111.200 1.693
202003 1.512 112.300 1.551
202006 1.511 110.400 1.577
202009 1.508 111.700 1.556
202103 1.540 112.662 1.575
202106 1.517 111.769 1.564
202109 1.534 112.215 1.575
202203 1.564 114.335 1.576
202206 1.712 114.558 1.722
202209 1.166 115.339 1.165
202303 0.991 115.116 0.992
202306 0.668 114.558 0.672
202309 0.595 115.339 0.594
202403 0.535 115.227 0.535

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.


Debao Property Development  (SGX:BTF) 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.


Debao Property Development Cyclically Adjusted PB Ratio Related Terms

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


Debao Property Development (SGX:BTF) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Ground Floor, 39 Nanyi Road, Guicheng, Jiangnan Mingju Xi Yua, Nanhai District, Guangdong province, Foshan, CHN, 528200
Debao Property Development Ltd operates as a real estate development company. It is engaged in the development and construction of real estate properties. The company operates through four segments: Property development, Construction contract, Property investment, and Sale of Investment Properties. Its Property development segment is engaged in the development of residential, commercial and other properties. The company's Construction contract segment is engaged in building structural projects and interior works. The company is an integrated property developer of residential properties and commercial properties in China.

Debao Property Development (SGX:BTF) Headlines

From GuruFocus

Top 5 3rd Quarter Trades of Sloy Dahl & Holst, LLC

By GuruFocus Research GuruFocus Editor 10-19-2022

Top 5 4th Quarter Trades of Sloy Dahl & Holst, LLC

By GuruFocus Research GuruFocus Editor 01-30-2023