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Allwin Telecommunication Co (SZSE:002231) Cyclically Adjusted PB Ratio : 2.40 (As of Jun. 07, 2024)


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What is Allwin Telecommunication Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Allwin Telecommunication Co's current share price is ¥3.98. Allwin Telecommunication Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.66. Allwin Telecommunication Co's Cyclically Adjusted PB Ratio for today is 2.40.

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

SZSE:002231' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 3.84   Max: 10.94
Current: 2.71

During the past years, Allwin Telecommunication Co's highest Cyclically Adjusted PB Ratio was 10.94. The lowest was 2.01. And the median was 3.84.

SZSE:002231's Cyclically Adjusted PB Ratio is ranked worse than
68.6% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs SZSE:002231: 2.71

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.

Allwin Telecommunication Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥0.912. 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 ¥1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allwin Telecommunication Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allwin Telecommunication 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.

Allwin Telecommunication Co Cyclically Adjusted PB Ratio Chart

Allwin Telecommunication 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 3.65 2.53 3.19 4.57 3.88

Allwin Telecommunication 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 4.12 4.02 4.02 3.88 3.08

Competitive Comparison of Allwin Telecommunication Co's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Allwin Telecommunication 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.


Allwin Telecommunication Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Allwin Telecommunication Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Allwin Telecommunication 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.

Allwin Telecommunication Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.98/1.66
=2.40

* 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.

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

For example, Allwin Telecommunication 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)
=0.912/115.2271*115.2271
=0.912

Current CPI (Mar. 2024) = 115.2271.

Allwin Telecommunication Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.757 98.200 2.062
201409 1.765 98.900 2.056
201412 1.826 99.000 2.125
201503 1.812 99.900 2.090
201506 1.791 99.500 2.074
201509 1.803 100.500 2.067
201512 1.841 100.600 2.109
201603 1.824 102.200 2.056
201606 1.787 101.400 2.031
201609 1.784 102.400 2.007
201612 1.897 102.600 2.130
201703 1.871 103.200 2.089
201706 1.854 103.100 2.072
201709 1.879 104.100 2.080
201712 1.926 104.500 2.124
201803 1.935 105.300 2.117
201806 1.929 104.900 2.119
201809 1.903 106.600 2.057
201812 1.542 106.500 1.668
201903 1.537 107.700 1.644
201906 1.530 107.700 1.637
201909 1.539 109.800 1.615
201912 1.677 111.200 1.738
202003 1.674 112.300 1.718
202006 1.691 110.400 1.765
202009 1.644 111.700 1.696
202012 1.207 111.500 1.247
202103 1.225 112.662 1.253
202106 1.103 111.769 1.137
202109 1.137 112.215 1.168
202112 1.162 113.108 1.184
202203 1.171 114.335 1.180
202206 1.148 114.558 1.155
202209 1.149 115.339 1.148
202212 1.009 115.116 1.010
202303 1.015 115.116 1.016
202306 1.043 114.558 1.049
202309 1.003 115.339 1.002
202312 0.919 114.781 0.923
202403 0.912 115.227 0.912

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.


Allwin Telecommunication Co  (SZSE:002231) 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.


Allwin Telecommunication Co Cyclically Adjusted PB Ratio Related Terms

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


Allwin Telecommunication Co (SZSE:002231) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Gaoge Road, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Allwin Telecommunication Co Ltd operates in telecommunication equipment manufacturing industry. The company provides operators with mobile communication network optimization coverage equipments and systems which include program design and related products. The products of the company include digital fiber distribution systems, power points, and combiners.
Executives
Chen Su Xian Supervisors
Du Fang Directors, executives
Wang Chong Mei Director
Du An Shun Supervisors
Hu Ying Directors, directors, executives, representatives
Bi Lian Fu Director

Allwin Telecommunication Co (SZSE:002231) Headlines

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