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Xi'An Global Printing Co (SZSE:002799) Cyclically Adjusted PB Ratio : 2.27 (As of Jun. 10, 2024)


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What is Xi'An Global Printing Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Xi'An Global Printing Co's current share price is ¥6.21. Xi'An Global Printing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.74. Xi'An Global Printing Co's Cyclically Adjusted PB Ratio for today is 2.27.

The historical rank and industry rank for Xi'An Global Printing Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002799' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.35   Max: 5.79
Current: 2.27

During the past years, Xi'An Global Printing Co's highest Cyclically Adjusted PB Ratio was 5.79. The lowest was 2.27. And the median was 4.35.

SZSE:002799's Cyclically Adjusted PB Ratio is ranked worse than
73.05% of 308 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs SZSE:002799: 2.27

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.

Xi'An Global Printing Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥4.303. 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 ¥2.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xi'An Global Printing Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xi'An Global Printing 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.

Xi'An Global Printing Co Cyclically Adjusted PB Ratio Chart

Xi'An Global Printing 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 - - - - 4.51

Xi'An Global Printing 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 5.79 4.57 4.70 4.51 2.85

Competitive Comparison of Xi'An Global Printing Co's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Xi'An Global Printing 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.


Xi'An Global Printing Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Xi'An Global Printing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xi'An Global Printing Co's Cyclically Adjusted PB Ratio falls into.



Xi'An Global Printing 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.

Xi'An Global Printing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.21/2.74
=2.27

* 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.

Xi'An Global Printing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Xi'An Global Printing 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)
=4.303/115.2271*115.2271
=4.303

Current CPI (Mar. 2024) = 115.2271.

Xi'An Global Printing Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.896 92.885 1.112
201212 1.100 95.237 1.331
201312 1.290 97.624 1.523
201412 1.492 99.000 1.737
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 1.687 100.600 1.932
201603 1.290 102.200 1.454
201606 1.999 101.400 2.272
201609 2.008 102.400 2.260
201612 2.048 102.600 2.300
201703 2.072 103.200 2.313
201706 2.020 103.100 2.258
201709 2.030 104.100 2.247
201712 2.058 104.500 2.269
201803 2.086 105.300 2.283
201806 2.112 104.900 2.320
201809 2.122 106.600 2.294
201812 2.158 106.500 2.335
201903 2.211 107.700 2.366
201906 2.235 107.700 2.391
201909 2.310 109.800 2.424
201912 2.400 111.200 2.487
202003 2.478 112.300 2.543
202006 2.491 110.400 2.600
202009 2.587 111.700 2.669
202012 2.657 111.500 2.746
202103 2.764 112.662 2.827
202106 2.896 111.769 2.986
202109 2.990 112.215 3.070
202112 3.010 113.108 3.066
202203 3.118 114.335 3.142
202206 3.248 114.558 3.267
202209 2.629 115.339 2.626
202212 4.945 115.116 4.950
202303 5.035 115.116 5.040
202306 5.105 114.558 5.135
202309 5.061 115.339 5.056
202312 4.232 114.781 4.248
202403 4.303 115.227 4.303

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.


Xi'An Global Printing Co  (SZSE:002799) 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.


Xi'An Global Printing Co Cyclically Adjusted PB Ratio Related Terms

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


Xi'An Global Printing Co (SZSE:002799) Business Description

Traded in Other Exchanges
N/A
Address
No.18, South Tuanjie Road, High-tech Development Zone, Xi'an, CHN, 710075
Xi'An Global Printing Co Ltd is engaged in providing professional packaging service to pharmaceutical producers. It offers folding boxes for packing medicines and folding trays for pharmaceutical packaging. Its also provide packaging for the food, electronics, and other industries.
Executives
Guo Qing Ping Director

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