GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baozun Inc (NAS:BZUN) » Definitions » Cyclically Adjusted PB Ratio

Baozun (Baozun) Cyclically Adjusted PB Ratio : 0.40 (As of May. 02, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Baozun Cyclically Adjusted PB Ratio?

As of today (2024-05-02), Baozun's current share price is $2.851. Baozun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.08. Baozun's Cyclically Adjusted PB Ratio for today is 0.40.

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

BZUN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.42   Max: 0.77
Current: 0.37

During the past years, Baozun's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.29. And the median was 0.42.

BZUN's Cyclically Adjusted PB Ratio is ranked better than
83.93% of 722 companies
in the Retail - Cyclical industry
Industry Median: 1.165 vs BZUN: 0.37

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.

Baozun's adjusted book value per share data for the three months ended in Dec. 2023 was $9.500. 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 $7.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baozun Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baozun'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.

Baozun Cyclically Adjusted PB Ratio Chart

Baozun 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 - - - - 0.39

Baozun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 0.61 0.45 0.39

Competitive Comparison of Baozun's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Baozun'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.


Baozun's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baozun's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Baozun 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.

Baozun's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.851/7.08
=0.40

* 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.

Baozun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Baozun's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.5/114.6694*114.6694
=9.500

Current CPI (Dec. 2023) = 114.6694.

Baozun Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.600 0.000
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 -1.071 99.000 -1.241
201503 1.605 99.900 1.842
201506 3.840 99.500 4.425
201509 3.814 100.500 4.352
201512 3.791 100.600 4.321
201603 3.716 102.200 4.169
201606 3.713 101.400 4.199
201609 3.731 102.400 4.178
201612 4.275 102.600 4.778
201703 4.345 103.200 4.828
201706 4.419 103.100 4.915
201709 4.618 104.100 5.087
201712 4.955 104.500 5.437
201803 5.111 105.300 5.566
201806 5.182 104.900 5.665
201809 5.038 106.600 5.419
201812 5.500 106.500 5.922
201903 5.723 107.700 6.093
201906 5.453 107.700 5.806
201909 5.403 109.800 5.643
201912 5.838 111.200 6.020
202003 5.857 112.300 5.981
202006 6.131 110.400 6.368
202009 10.871 111.700 11.160
202012 11.991 111.500 12.332
202103 12.036 112.662 12.251
202106 12.295 111.769 12.614
202109 11.150 112.215 11.394
202112 11.045 113.108 11.198
202203 10.895 114.335 10.927
202206 11.310 114.558 11.321
202209 10.713 115.339 10.651
202212 9.963 115.116 9.924
202303 9.809 115.116 9.771
202306 9.538 114.558 9.547
202309 9.517 115.339 9.462
202312 9.500 114.669 9.500

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.


Baozun  (NAS:BZUN) 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.


Baozun Cyclically Adjusted PB Ratio Related Terms

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


Baozun (Baozun) Business Description

Traded in Other Exchanges
Address
348 Kwun Tong Road, 5th floor, Manulife Place, Kowloon, Hong Kong, CHN
Baozun Inc is an e-commerce service partner that helps brands execute their e-commerce strategies in China by selling their goods directly to customers online or by providing services to assist with their e-commerce operations. Its integrated end-to-end brand e-commerce capabilities encompass all aspects of the e-commerce value chain, covering IT solutions, store operations, digital marketing, customer services, warehousing and fulfillment. It delivers omni-channel solutions to create shopping experience across various touch points online and offline. It services brand partners in diverse categories, including apparel and accessories; appliances; electronics; home and furnishings; food and health products; beauty and cosmetics; FMCG, and mother and baby products, among others.