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Lotus Holdings Co (SHSE:600186) Cyclically Adjusted PB Ratio : 12.12 (As of May. 23, 2024)


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What is Lotus Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Lotus Holdings Co's current share price is ¥4.00. Lotus Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥0.33. Lotus Holdings Co's Cyclically Adjusted PB Ratio for today is 12.12.

The historical rank and industry rank for Lotus Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600186' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.51   Med: 4.78   Max: 24.66
Current: 12.69

During the past years, Lotus Holdings Co's highest Cyclically Adjusted PB Ratio was 24.66. The lowest was 1.51. And the median was 4.78.

SHSE:600186's Cyclically Adjusted PB Ratio is ranked worse than
96.13% of 1266 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs SHSE:600186: 12.69

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.

Lotus Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥0.885. 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 ¥0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lotus Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lotus Holdings Co'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.

Lotus Holdings Co Cyclically Adjusted PB Ratio Chart

Lotus Holdings Co 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 5.00 6.98 8.94 8.44 18.95

Lotus Holdings Co 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 8.49 9.21 18.97 18.95 14.40

Competitive Comparison of Lotus Holdings Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Lotus Holdings Co'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.


Lotus Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lotus Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lotus Holdings Co's Cyclically Adjusted PB Ratio falls into.



Lotus Holdings Co 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.

Lotus Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.00/0.33
=12.12

* 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.

Lotus Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lotus Holdings Co'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)
=0.885/115.2271*115.2271
=0.885

Current CPI (Mar. 2024) = 115.2271.

Lotus Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.491 98.200 0.576
201409 0.428 98.900 0.499
201412 0.565 99.000 0.658
201503 0.498 99.900 0.574
201506 0.093 99.500 0.108
201509 0.109 100.500 0.125
201512 0.086 100.600 0.099
201603 0.096 102.200 0.108
201606 0.081 101.400 0.092
201609 0.044 102.400 0.050
201612 0.130 102.600 0.146
201703 0.091 103.200 0.102
201706 0.073 103.100 0.082
201709 0.027 104.100 0.030
201712 0.032 104.500 0.035
201803 0.004 105.300 0.004
201806 -0.023 104.900 -0.025
201809 -0.061 106.600 -0.066
201812 -0.281 106.500 -0.304
201903 -0.320 107.700 -0.342
201906 -0.159 107.700 -0.170
201909 -0.193 109.800 -0.203
201912 0.293 111.200 0.304
202003 0.234 112.300 0.240
202006 0.248 110.400 0.259
202009 0.263 111.700 0.271
202012 0.279 111.500 0.288
202103 0.287 112.662 0.294
202106 0.300 111.769 0.309
202109 0.779 112.215 0.800
202112 0.784 113.108 0.799
202203 0.792 114.335 0.798
202206 0.801 114.558 0.806
202209 0.791 115.339 0.790
202212 0.787 115.116 0.788
202303 0.793 115.116 0.794
202306 0.809 114.558 0.814
202309 0.834 115.339 0.833
202312 0.858 114.781 0.861
202403 0.885 115.227 0.885

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.


Lotus Holdings Co  (SHSE:600186) 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.


Lotus Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Lotus Holdings Co (SHSE:600186) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Lotus Avenue, Henan Province, Xiangcheng, CHN, 466200
Lotus Health Group Co operates in the food manufacturing industry. It produces a variety of seasonings, vegetable protein, and wheat flour.

Lotus Holdings Co (SHSE:600186) Headlines

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