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Xunlei (Xunlei) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 11, 2024)


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What is Xunlei Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Xunlei's current share price is $1.85. Xunlei's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.84. Xunlei's Cyclically Adjusted PB Ratio for today is 0.32.

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

XNET' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 0.73
Current: 0.33

During the past years, Xunlei's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.18. And the median was 0.29.

XNET's Cyclically Adjusted PB Ratio is ranked better than
92.33% of 1422 companies
in the Software industry
Industry Median: 2.5 vs XNET: 0.33

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.

Xunlei's adjusted book value per share data for the three months ended in Dec. 2023 was $5.021. 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 $5.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xunlei Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xunlei'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.

Xunlei Cyclically Adjusted PB Ratio Chart

Xunlei 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 - - 0.34 0.31 0.28

Xunlei Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.31 0.32 0.34 0.28 0.28

Competitive Comparison of Xunlei's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Xunlei'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.


Xunlei's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Xunlei's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Xunlei 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.

Xunlei's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.85/5.84
=0.32

* 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.

Xunlei's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Xunlei'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)
=5.021/114.7809*114.7809
=5.021

Current CPI (Dec. 2023) = 114.7809.

Xunlei Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.457 98.600 5.188
201406 7.073 98.200 8.267
201409 6.971 98.900 8.090
201412 6.965 99.000 8.075
201503 6.808 99.900 7.822
201506 6.824 99.500 7.872
201509 6.697 100.500 7.649
201512 6.583 100.600 7.511
201603 6.539 102.200 7.344
201606 6.441 101.400 7.291
201609 6.340 102.400 7.107
201612 6.175 102.600 6.908
201703 6.107 103.200 6.792
201706 6.004 103.100 6.684
201709 5.673 104.100 6.255
201712 5.770 104.500 6.338
201803 5.980 105.300 6.518
201806 5.875 104.900 6.428
201809 5.563 106.600 5.990
201812 5.130 106.500 5.529
201903 5.051 107.700 5.383
201906 4.992 107.700 5.320
201909 4.595 109.800 4.803
201912 4.377 111.200 4.518
202003 4.264 112.300 4.358
202006 4.104 110.400 4.267
202009 4.181 111.700 4.296
202012 4.368 111.500 4.497
202103 4.456 112.662 4.540
202106 4.520 111.769 4.642
202109 4.460 112.215 4.562
202112 4.502 113.108 4.569
202203 4.619 114.335 4.637
202206 4.542 114.558 4.551
202209 4.584 115.339 4.562
202212 4.767 115.116 4.753
202303 4.874 115.116 4.860
202306 4.771 114.558 4.780
202309 4.889 115.339 4.865
202312 5.021 114.781 5.021

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.


Xunlei  (NAS:XNET) 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.


Xunlei Cyclically Adjusted PB Ratio Related Terms

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


Xunlei (Xunlei) Business Description

Industry
Traded in Other Exchanges
Address
3709 Baishi Road, Nanshan District, Shenzhen, CHN, 518000
Xunlei Ltd is a cloud-based acceleration technology company in China. The company operates a powerful internet platform in China based on cloud computing to provide users with quick and easy access to digital media content through its products and services, Xunlei Accelerator, and cloud acceleration subscription services. It is increasingly extending into mobile devices in part through potentially pre-installed acceleration products in mobile phones Xunlei has developed various value-added services to meet a fuller spectrum of its users' digital media content access and consumption needs.