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COL Group Co (SZSE:300364) Cyclically Adjusted PB Ratio : 9.43 (As of May. 27, 2024)


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What is COL Group Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), COL Group Co's current share price is ¥21.88. COL Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.32. COL Group Co's Cyclically Adjusted PB Ratio for today is 9.43.

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

SZSE:300364' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.12   Med: 8.83   Max: 14.72
Current: 9.25

During the past years, COL Group Co's highest Cyclically Adjusted PB Ratio was 14.72. The lowest was 4.12. And the median was 8.83.

SZSE:300364's Cyclically Adjusted PB Ratio is ranked worse than
93.18% of 132 companies
in the Education industry
Industry Median: 1.245 vs SZSE:300364: 9.25

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.

COL Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥1.616. 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 ¥2.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


COL Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for COL Group 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.

COL Group Co Cyclically Adjusted PB Ratio Chart

COL Group 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 - - - 4.37 11.07

COL Group 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 9.92 7.71 6.19 11.07 11.65

Competitive Comparison of COL Group Co's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, COL Group 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.


COL Group Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, COL Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



COL Group 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.

COL Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.88/2.32
=9.43

* 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.

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

For example, COL Group 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)
=1.616/115.2271*115.2271
=1.616

Current CPI (Mar. 2024) = 115.2271.

COL Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.588 98.200 0.690
201409 0.594 98.900 0.692
201412 0.674 99.000 0.784
201503 0.761 99.900 0.878
201506 0.782 99.500 0.906
201509 0.789 100.500 0.905
201512 0.859 100.600 0.984
201603 0.823 102.200 0.928
201606 1.021 101.400 1.160
201609 3.636 102.400 4.091
201612 3.561 102.600 3.999
201703 3.561 103.200 3.976
201706 3.610 103.100 4.035
201709 3.662 104.100 4.053
201712 3.743 104.500 4.127
201803 3.399 105.300 3.719
201806 4.816 104.900 5.290
201809 4.830 106.600 5.221
201812 2.823 106.500 3.054
201903 2.745 107.700 2.937
201906 2.656 107.700 2.842
201909 2.600 109.800 2.729
201912 1.947 111.200 2.018
202003 1.953 112.300 2.004
202006 1.984 110.400 2.071
202009 2.005 111.700 2.068
202012 1.999 111.500 2.066
202103 1.969 112.662 2.014
202106 2.044 111.769 2.107
202109 2.090 112.215 2.146
202112 2.149 113.108 2.189
202203 2.131 114.335 2.148
202206 2.115 114.558 2.127
202209 2.059 115.339 2.057
202212 1.568 115.116 1.570
202303 1.529 115.116 1.530
202306 1.555 114.558 1.564
202309 1.612 115.339 1.610
202312 1.706 114.781 1.713
202403 1.616 115.227 1.616

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.


COL Group Co  (SZSE:300364) 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.


COL Group Co Cyclically Adjusted PB Ratio Related Terms

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


COL Group Co (SZSE:300364) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Andingmen East Street, No. 608, 6th Floor, Building 2, Dongcheng District, Beijing, CHN, 100007
COL Group Co Ltd is a digital content provider in China. It has presented two development strategies Literature+ and Education+. The company has over 70 million users of its own and over 600 million cooperation users. Its one of the project includes Digital Library in Primary and Secondary Schools which covers more than 50000 primary and secondary schools and around 2000 colleges and university.
Executives
Xie Guang Cai Directors, executives
Zhang Fan Director
Wang Jing Jing Secretary Dong
Yang Rui Zhi Executives
Zhang Wei Li Executives
Tong Zhi Lei Directors, executives
Chen Fang Supervisors
Song Jie Executives
Cui Wei Executives
Lu Feng Executives
Qu Yuan Jian Securities Affairs Representative

COL Group Co (SZSE:300364) Headlines

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