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Kehua Data Co (SZSE:002335) Cyclically Adjusted PB Ratio : 3.59 (As of May. 26, 2024)


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What is Kehua Data Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Kehua Data Co's current share price is ¥24.81. Kehua Data Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.92. Kehua Data Co's Cyclically Adjusted PB Ratio for today is 3.59.

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

SZSE:002335' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.02   Med: 4.06   Max: 8.85
Current: 3.62

During the past years, Kehua Data Co's highest Cyclically Adjusted PB Ratio was 8.85. The lowest was 2.02. And the median was 4.06.

SZSE:002335's Cyclically Adjusted PB Ratio is ranked worse than
74.87% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs SZSE:002335: 3.62

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.

Kehua Data Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥9.695. 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 ¥6.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kehua Data Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kehua Data 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.

Kehua Data Co Cyclically Adjusted PB Ratio Chart

Kehua Data 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 2.08 4.44 6.53 8.09 4.11

Kehua Data 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 7.45 5.61 4.60 4.11 4.18

Competitive Comparison of Kehua Data Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Kehua Data 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.


Kehua Data Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kehua Data Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kehua Data 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.

Kehua Data Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.81/6.92
=3.59

* 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.

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

For example, Kehua Data 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)
=9.695/115.2271*115.2271
=9.695

Current CPI (Mar. 2024) = 115.2271.

Kehua Data Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.784 98.200 3.267
201409 2.783 98.900 3.242
201412 2.967 99.000 3.453
201503 3.002 99.900 3.463
201506 2.979 99.500 3.450
201509 3.134 100.500 3.593
201512 3.367 100.600 3.857
201603 2.855 102.200 3.219
201606 6.444 101.400 7.323
201609 6.403 102.400 7.205
201612 6.624 102.600 7.439
201703 6.689 103.200 7.469
201706 7.056 103.100 7.886
201709 7.312 104.100 8.094
201712 7.340 104.500 8.093
201803 7.415 105.300 8.114
201806 6.942 104.900 7.625
201809 6.937 106.600 7.498
201812 6.893 106.500 7.458
201903 7.020 107.700 7.511
201906 6.760 107.700 7.232
201909 6.822 109.800 7.159
201912 6.925 111.200 7.176
202003 6.988 112.300 7.170
202006 6.416 110.400 6.697
202009 6.737 111.700 6.950
202012 6.981 111.500 7.214
202103 7.215 112.662 7.379
202106 7.122 111.769 7.342
202109 7.336 112.215 7.533
202112 7.637 113.108 7.780
202203 7.852 114.335 7.913
202206 7.911 114.558 7.957
202209 8.176 115.339 8.168
202212 8.037 115.116 8.045
202303 8.348 115.116 8.356
202306 8.684 114.558 8.735
202309 9.402 115.339 9.393
202312 9.536 114.781 9.573
202403 9.695 115.227 9.695

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.


Kehua Data Co  (SZSE:002335) 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.


Kehua Data Co Cyclically Adjusted PB Ratio Related Terms

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


Kehua Data Co (SZSE:002335) Business Description

Traded in Other Exchanges
N/A
Address
No. 457, Malong Road, Torch Park, Torch High-tech Zone, Fujian, Xiamen, CHN, 361006
Kehua Data Co Ltd engages in the research, development, manufacture, and sale of renewable energy and data center products. Its product offerings include central inverters, inverter containers, and central distribution systems; energy storage systems and converters, and storage batteries; grid-tied PV and string inverters; solar controllers, off-grid inverters and chargers, single and three phase inverters and others.
Executives
Lin Qing Min Executives
Chen Si Xiong Directors, executives
Lai Yong Chun Supervisors
Chen Hao Directors, executives
Tang Shan Executives
Lin Tao Directors, executives
Cui Jian Executives
Lin Yi Directors, executives
Lu Ming Fu Supervisors
Deng Hong Fei Executives
Su Rui Yu Executives
Liang Shu Zhan Supervisors
Huang Qing Feng Executives
Wu Jian Wen Directors, Directors, and Executives
Wu Hong Li Executives

Kehua Data Co (SZSE:002335) Headlines

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