Anhui Phoenix International Co (BJSE:832000) Cyclically Adjusted PB Ratio : 1.85 (As of Jun. 20, 2024)

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What is Anhui Phoenix International Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Anhui Phoenix International Co's current share price is ¥7.27. Anhui Phoenix International Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was ¥3.92. Anhui Phoenix International Co's Cyclically Adjusted PB Ratio for today is 1.85.

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

BJSE:832000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26 Med: 1.93 Max: 2.58
Current: 1.97

During the past 11 years, Anhui Phoenix International Co's highest Cyclically Adjusted PB Ratio was 2.58. The lowest was 1.26. And the median was 1.93.

BJSE:832000's Cyclically Adjusted PB Ratio is ranked worse than
64.25% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs BJSE:832000: 1.97

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.

Anhui Phoenix International Co's adjusted book value per share data of for the fiscal year that ended in Dec22 was ¥5.394. 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 ¥3.92 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation

Anhui Phoenix International Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anhui Phoenix International 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.

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Anhui Phoenix International Co Cyclically Adjusted PB Ratio Chart

Anhui Phoenix International Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cyclically Adjusted PB Ratio

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2.58

1.25

Anhui Phoenix International Co Quarterly Data
	Dec18	Jun19	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															-	-	-	2.50	-

Competitive Comparison of Anhui Phoenix International Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Anhui Phoenix International 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.

Anhui Phoenix International Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Anhui Phoenix International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Phoenix International Co's Cyclically Adjusted PB Ratio falls into.

Anhui Phoenix International 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.

Anhui Phoenix International Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	7.27	/	3.92
	=	1.85

Anhui Phoenix International Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Anhui Phoenix International Co's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec22 (Change)	*	Current CPI (Dec22)
	=	5.394	/	115.1156	*	115.1156
	=	5.394

Current CPI (Dec22) = 115.1156.

Anhui Phoenix International Co Annual Data

	Book Value per Share	CPI	Adj_Book
201312	0.000	97.624	0.000
201412	1.407	99.000	1.636
201512	2.423	100.600	2.773
201612	3.295	102.600	3.697
201712	3.134	104.500	3.452
201812	3.518	106.500	3.803
201912	4.115	111.200	4.260
202012	4.837	111.500	4.994
202112	5.166	113.108	5.258
202212	5.394	115.116	5.394

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.

Anhui Phoenix International Co (BJSE:832000) 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.

Anhui Phoenix International Co Cyclically Adjusted PB Ratio Related Terms

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Anhui Phoenix International Co (BJSE:832000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Phoenix International Co Ltd (BJSE:832000) » Definitions » Cyclically Adjusted PB Ratio

Traded in Other Exchanges

N/A

Address

No. 1111, Xingzhong Road, High-tech Zone, Anhui Province, Bengbu City, CHN

Website

http://www.phoenixfilters.net

Anhui Phoenix International Co Ltd engages in research and development, production, and sales of automotive filters and filter materials. The company's products cover air filters, air conditioners Four series of filters, oil filters, and fuel filters.

Anhui Phoenix International Co (BJSE:832000) Headlines

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