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Deluxe Family Co (SHSE:600503) Cyclically Adjusted PB Ratio : 0.88 (As of May. 26, 2024)


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What is Deluxe Family Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Deluxe Family Co's current share price is ¥2.18. Deluxe Family Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.48. Deluxe Family Co's Cyclically Adjusted PB Ratio for today is 0.88.

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

SHSE:600503' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.99   Max: 21.17
Current: 0.89

During the past years, Deluxe Family Co's highest Cyclically Adjusted PB Ratio was 21.17. The lowest was 0.79. And the median was 1.99.

SHSE:600503's Cyclically Adjusted PB Ratio is ranked worse than
62.48% of 1338 companies
in the Real Estate industry
Industry Median: 0.71 vs SHSE:600503: 0.89

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.

Deluxe Family Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥2.284. 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 ¥2.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deluxe Family Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deluxe Family 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.

Deluxe Family Co Cyclically Adjusted PB Ratio Chart

Deluxe Family 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 1.45 1.58 1.35 1.11 1.03

Deluxe Family 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 1.10 1.16 1.06 1.03 0.90

Competitive Comparison of Deluxe Family Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Deluxe Family 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.


Deluxe Family Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deluxe Family Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deluxe Family 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.

Deluxe Family Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.18/2.48
=0.88

* 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.

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

For example, Deluxe Family 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)
=2.284/115.2271*115.2271
=2.284

Current CPI (Mar. 2024) = 115.2271.

Deluxe Family Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.728 98.200 2.028
201409 2.232 98.900 2.600
201412 2.243 99.000 2.611
201503 2.244 99.900 2.588
201506 2.246 99.500 2.601
201509 2.249 100.500 2.579
201512 2.264 100.600 2.593
201603 2.270 102.200 2.559
201606 2.314 101.400 2.630
201609 2.338 102.400 2.631
201612 2.594 102.600 2.913
201703 2.212 103.200 2.470
201706 2.173 103.100 2.429
201709 2.204 104.100 2.440
201712 2.242 104.500 2.472
201803 2.248 105.300 2.460
201806 2.275 104.900 2.499
201809 2.291 106.600 2.476
201812 2.256 106.500 2.441
201903 2.355 107.700 2.520
201906 2.349 107.700 2.513
201909 2.335 109.800 2.450
201912 2.471 111.200 2.560
202003 2.542 112.300 2.608
202006 2.540 110.400 2.651
202009 2.589 111.700 2.671
202012 2.367 111.500 2.446
202103 2.437 112.662 2.492
202106 2.445 111.769 2.521
202109 2.449 112.215 2.515
202112 2.315 113.108 2.358
202203 2.356 114.335 2.374
202206 2.375 114.558 2.389
202209 2.357 115.339 2.355
202212 2.318 115.116 2.320
202303 2.311 115.116 2.313
202306 2.306 114.558 2.319
202309 2.328 115.339 2.326
202312 2.275 114.781 2.284
202403 2.284 115.227 2.284

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.


Deluxe Family Co  (SHSE:600503) 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.


Deluxe Family Co Cyclically Adjusted PB Ratio Related Terms

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


Deluxe Family Co (SHSE:600503) Business Description

Traded in Other Exchanges
N/A
Address
Room 202, No. 1, Lane 968, Quxi Road, Huangpu District, Shanghai, CHN, 200336
Deluxe Family Co Ltd is engaged in real estate development. It is also involved in the architectural decoration, environmental protection and other related industries, and is expanding its commercial real estate and tourism business.
Executives
Wang Jian Zhong Director
Xing Hai Xia Director
Wang Li Xun Director
Lin Quan Supervisors
Ceng Zhi Feng Director
Di Zi Zhong Director
Chen Zhi Jian Director
Jin Xin senior management

Deluxe Family Co (SHSE:600503) Headlines

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