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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Cyclically Adjusted PB Ratio : 0.67 (As of Apr. 27, 2024)


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What is Yue Yuen Industrial (Holdings) Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Yue Yuen Industrial (Holdings)'s current share price is $9.035. Yue Yuen Industrial (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.49. Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio for today is 0.67.

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

YUEIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.39   Max: 0.68
Current: 0.68

During the past years, Yue Yuen Industrial (Holdings)'s highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.36. And the median was 0.39.

YUEIY's Cyclically Adjusted PB Ratio is ranked better than
64.85% of 643 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs YUEIY: 0.68

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.

Yue Yuen Industrial (Holdings)'s adjusted book value per share data for the three months ended in Dec. 2023 was $13.151. 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 $13.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yue Yuen Industrial (Holdings) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yue Yuen Industrial (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.

Yue Yuen Industrial (Holdings) Cyclically Adjusted PB Ratio Chart

Yue Yuen Industrial (Holdings) 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 - - - - 0.41

Yue Yuen Industrial (Holdings) Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 - - - - 0.41

Competitive Comparison of Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Yue Yuen Industrial (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.


Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio falls into.



Yue Yuen Industrial (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.

Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.035/13.49
=0.67

* 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.

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

For example, Yue Yuen Industrial (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)
=13.151/117.2957*117.2957
=13.151

Current CPI (Dec. 2023) = 117.2957.

Yue Yuen Industrial (Holdings) Quarterly Data

Book Value per Share CPI Adj_Book
200009 6.708 77.608 10.138
200109 7.905 76.712 12.087
200209 8.857 73.926 14.053
200309 4.962 71.538 8.136
200409 5.458 72.036 8.887
200509 5.949 73.104 9.545
200609 6.456 74.643 10.145
200709 7.271 75.852 11.244
200809 8.357 78.161 12.541
200903 0.000 79.480 0.000
200909 9.210 78.490 13.763
201003 9.512 81.239 13.734
201009 10.222 80.029 14.982
201103 10.609 84.756 14.682
201109 11.079 84.646 15.352
201203 11.631 88.934 15.340
201306 12.619 93.001 15.915
201312 13.156 95.090 16.228
201406 12.905 96.409 15.701
201412 13.339 99.707 15.692
201506 13.519 99.267 15.974
201512 13.641 102.015 15.684
201606 13.870 101.686 15.999
201612 14.377 103.225 16.337
201706 14.604 103.664 16.524
201712 12.977 104.984 14.499
201806 12.615 106.193 13.934
201812 12.766 107.622 13.914
201906 12.601 109.601 13.486
201912 12.712 110.700 13.469
202006 11.697 110.590 12.406
202012 12.083 109.711 12.918
202106 12.667 111.360 13.342
202112 12.711 112.349 13.271
202206 12.944 113.448 13.383
202209 0.000 113.778 0.000
202212 12.994 114.548 13.306
202306 12.646 115.647 12.826
202309 0.000 116.087 0.000
202312 13.151 117.296 13.151

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.


Yue Yuen Industrial (Holdings)  (OTCPK:YUEIY) 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.


Yue Yuen Industrial (Holdings) Cyclically Adjusted PB Ratio Related Terms

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


Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

From GuruFocus

Brandes Investment Trust Comments on Yue Yuen

By Holly LaFon 12-04-2015