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Dymatic Chemicals (SZSE:002054) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 10, 2024)


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What is Dymatic Chemicals Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Dymatic Chemicals's current share price is ¥5.15. Dymatic Chemicals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.83. Dymatic Chemicals's Cyclically Adjusted PB Ratio for today is 1.07.

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

SZSE:002054' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.01   Max: 6
Current: 1.07

During the past years, Dymatic Chemicals's highest Cyclically Adjusted PB Ratio was 6.00. The lowest was 0.99. And the median was 2.01.

SZSE:002054's Cyclically Adjusted PB Ratio is ranked better than
69.13% of 1202 companies
in the Chemicals industry
Industry Median: 1.66 vs SZSE:002054: 1.07

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.

Dymatic Chemicals's adjusted book value per share data for the three months ended in Mar. 2024 was ¥5.124. 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 ¥4.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dymatic Chemicals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dymatic Chemicals'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.

Dymatic Chemicals Cyclically Adjusted PB Ratio Chart

Dymatic Chemicals 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 1.81 1.88 2.09 1.59 1.42

Dymatic Chemicals 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 1.54 1.47 1.38 1.42 1.14

Competitive Comparison of Dymatic Chemicals's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Dymatic Chemicals'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.


Dymatic Chemicals's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dymatic Chemicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dymatic Chemicals 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.

Dymatic Chemicals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.15/4.83
=1.07

* 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.

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

For example, Dymatic Chemicals'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)
=5.124/115.2271*115.2271
=5.124

Current CPI (Mar. 2024) = 115.2271.

Dymatic Chemicals Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.670 98.200 4.306
201409 3.730 98.900 4.346
201412 3.783 99.000 4.403
201503 3.813 99.900 4.398
201506 4.181 99.500 4.842
201509 4.282 100.500 4.909
201512 4.492 100.600 5.145
201603 4.154 102.200 4.683
201606 4.201 101.400 4.774
201609 4.280 102.400 4.816
201612 4.303 102.600 4.833
201703 4.310 103.200 4.812
201706 4.239 103.100 4.738
201709 4.257 104.100 4.712
201712 4.257 104.500 4.694
201803 4.254 105.300 4.655
201806 4.268 104.900 4.688
201809 4.289 106.600 4.636
201812 4.279 106.500 4.630
201903 4.357 107.700 4.662
201906 4.378 107.700 4.684
201909 4.476 109.800 4.697
201912 4.451 111.200 4.612
202003 4.449 112.300 4.565
202006 4.487 110.400 4.683
202009 4.654 111.700 4.801
202012 4.630 111.500 4.785
202103 5.008 112.662 5.122
202106 4.646 111.769 4.790
202109 4.996 112.215 5.130
202112 5.015 113.108 5.109
202203 5.126 114.335 5.166
202206 5.138 114.558 5.168
202209 5.224 115.339 5.219
202212 5.176 115.116 5.181
202303 5.177 115.116 5.182
202306 5.184 114.558 5.214
202309 5.214 115.339 5.209
202312 5.199 114.781 5.219
202403 5.124 115.227 5.124

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.


Dymatic Chemicals  (SZSE:002054) 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.


Dymatic Chemicals Cyclically Adjusted PB Ratio Related Terms

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


Dymatic Chemicals (SZSE:002054) Business Description

Traded in Other Exchanges
N/A
Address
Chaogui South Road, Science and Technology Industrial Park, Shunde High-tech Zone, Guangdong, Foshan, CHN, 528305
Dymatic Chemicals Inc is a China-based chemical manufacturer. The company is engaged in the product development, manufacturing, marketing, and sales of textile chemicals, leather chemicals, polyurethane chemicals, and stabilizers.
Executives
He Guo Ying Directors, executives
Cai Jing Xia Executives
Chen Qiu You Executives
Kong Qing Cheng Supervisors
Fan Xiao Ping Director
Huang Guan Xiong Director
Ye Yuan Zhang Supervisors
Pan Da Ke Securities Affairs Representative
Song Qi Director
Xu Xin Gong Executives
Liu Hong Shan Director
Lu Jun Yan Supervisors
Zhou Hong Yan Executives
Gao De Supervisors
Hu Jia Zhi Director

Dymatic Chemicals (SZSE:002054) Headlines

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