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Chongqing Mas Sci and Tech Co (SZSE:300275) Cyclically Adjusted PB Ratio : 4.48 (As of May. 26, 2024)


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What is Chongqing Mas Sci and Tech Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Chongqing Mas Sci and Tech Co's current share price is ¥10.74. Chongqing Mas Sci and Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.40. Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio for today is 4.48.

The historical rank and industry rank for Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300275' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.27   Med: 3.39   Max: 7.05
Current: 4.48

During the past years, Chongqing Mas Sci and Tech Co's highest Cyclically Adjusted PB Ratio was 7.05. The lowest was 2.27. And the median was 3.39.

SZSE:300275's Cyclically Adjusted PB Ratio is ranked worse than
82.2% of 663 companies
in the Business Services industry
Industry Median: 1.59 vs SZSE:300275: 4.48

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.

Chongqing Mas Sci and Tech Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥2.773. 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 ¥2.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Mas Sci and Tech Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chongqing Mas Sci and Tech 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.

Chongqing Mas Sci and Tech Co Cyclically Adjusted PB Ratio Chart

Chongqing Mas Sci and Tech 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 3.56 2.79 3.04 3.07 4.81

Chongqing Mas Sci and Tech 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 5.97 5.80 5.17 4.81 3.98

Competitive Comparison of Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Chongqing Mas Sci and Tech 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.


Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio falls into.



Chongqing Mas Sci and Tech 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.

Chongqing Mas Sci and Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.74/2.4
=4.48

* 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.

Chongqing Mas Sci and Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chongqing Mas Sci and Tech 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)
=2.773/115.2271*115.2271
=2.773

Current CPI (Mar. 2024) = 115.2271.

Chongqing Mas Sci and Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.520 98.200 2.957
201409 2.573 98.900 2.998
201412 2.435 99.000 2.834
201503 2.516 99.900 2.902
201506 2.427 99.500 2.811
201509 2.389 100.500 2.739
201512 2.184 100.600 2.502
201603 2.105 102.200 2.373
201606 2.068 101.400 2.350
201609 2.005 102.400 2.256
201612 1.867 102.600 2.097
201703 1.970 103.200 2.200
201706 1.997 103.100 2.232
201709 2.062 104.100 2.282
201712 2.057 104.500 2.268
201803 2.073 105.300 2.268
201806 2.103 104.900 2.310
201809 2.114 106.600 2.285
201812 1.802 106.500 1.950
201903 1.843 107.700 1.972
201906 1.949 107.700 2.085
201909 1.931 109.800 2.026
201912 1.876 111.200 1.944
202003 1.903 112.300 1.953
202006 1.928 110.400 2.012
202009 1.942 111.700 2.003
202012 1.992 111.500 2.059
202103 2.304 112.662 2.356
202106 2.326 111.769 2.398
202109 2.367 112.215 2.431
202112 2.405 113.108 2.450
202203 2.437 114.335 2.456
202206 2.462 114.558 2.476
202209 2.525 115.339 2.523
202212 2.578 115.116 2.580
202303 2.621 115.116 2.624
202306 2.694 114.558 2.710
202309 2.738 115.339 2.735
202312 2.792 114.781 2.803
202403 2.773 115.227 2.773

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.


Chongqing Mas Sci and Tech Co  (SZSE:300275) 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.


Chongqing Mas Sci and Tech Co Cyclically Adjusted PB Ratio Related Terms

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


Chongqing Mas Sci and Tech Co (SZSE:300275) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Fuyuan Road, Jiulongpo, Chongqing, CHN
Chongqing Mas Sci and Tech Co Ltd is engaged in providing data processing and application services in the field of large security and information technology service standard operation, and maintenance service capabilities.
Executives
Ye Li Sheng Director
Deng Guo Qing Independent director
Zheng Hai Jiang Directors, executives
Liu Hang Directors, executives
Hu Shi Qiang Executives
Jin Xiao Han Directors, executives
Zhou He Hua Directors, executives
Ma Yan Director
Deng Zhong Tian Directors, executives
Liu Qiao Xi Directors, executives
Xie Xing Zhi Supervisors
Xiao Hu Executives
Quan Tai Feng Executives
Wu Guang Hong Executives
Peng Zhi Jiang Directors, executives

Chongqing Mas Sci and Tech Co (SZSE:300275) Headlines

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