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T MAX (Hangzhou) Technology Co (BJSE:836270) Cyclically Adjusted PB Ratio : 7.21 (As of Jun. 05, 2025)


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What is T MAX (Hangzhou) Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), T MAX (Hangzhou) Technology Co's current share price is ¥17.80. T MAX (Hangzhou) Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥2.47. T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio for today is 7.21.

The historical rank and industry rank for T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BJSE:836270' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.25   Med: 5.11   Max: 7.95
Current: 7.41

During the past 12 years, T MAX (Hangzhou) Technology Co's highest Cyclically Adjusted PB Ratio was 7.95. The lowest was 3.25. And the median was 5.11.

BJSE:836270's Cyclically Adjusted PB Ratio is ranked worse than
91.72% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs BJSE:836270: 7.41

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.

T MAX (Hangzhou) Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥4.065. 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 ¥2.47 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


T MAX (Hangzhou) Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for T MAX (Hangzhou) Technology 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.

T MAX (Hangzhou) Technology Co Cyclically Adjusted PB Ratio Chart

T MAX (Hangzhou) Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.22 7.06 4.22

T MAX (Hangzhou) Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 4.22 -

Competitive Comparison of T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, T MAX (Hangzhou) Technology 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.


T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio falls into.


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T MAX (Hangzhou) Technology 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.

T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.80/2.47
=7.21

* 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.

T MAX (Hangzhou) Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, T MAX (Hangzhou) Technology Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=4.065/114.8925*114.8925
=4.065

Current CPI (Dec24) = 114.8925.

T MAX (Hangzhou) Technology Co Annual Data

Book Value per Share CPI Adj_Book
201512 1.029 100.600 1.175
201612 1.234 102.600 1.382
201712 1.377 104.500 1.514
201812 1.360 106.500 1.467
201912 1.591 111.200 1.644
202012 2.046 111.500 2.108
202112 2.405 113.108 2.443
202212 4.251 115.116 4.243
202312 4.665 114.781 4.670
202412 4.065 114.893 4.065

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.


T MAX (Hangzhou) Technology Co  (BJSE:836270) 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.


T MAX (Hangzhou) Technology Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of T MAX (Hangzhou) Technology Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


T MAX (Hangzhou) Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, No. 5 Road, Dongzhou Street, Dongzhou Industrial Functional Zone, Fuyang District, Zhejiang Province, Hangzhou City, CHN, 311401
T MAX (Hangzhou) Technology Co Ltd engages in the design, research and development, production, and sales of automotive off-road modification parts such as winches and electric pedals. It develops and produces multiple series of electric winches, industrial winches, electric pedals, high-strength fiber ropes, and a variety of off-road modified vehicle products under the brand T-MAX.

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