CHZQ (China Zhong Qi Holdings) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is China Zhong Qi Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Zhong Qi Holdings  (OTCPK:CHZQ) 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.


China Zhong Qi Holdings Cyclically Adjusted PB Ratio Related Terms


China Zhong Qi Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Zhong Qi Holdings'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.

China Zhong Qi Holdings Cyclically Adjusted PB Ratio Chart

China Zhong Qi Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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China Zhong Qi Holdings Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.00 0.00 0.00 0.00 0.00

China Zhong Qi Holdings Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, China Zhong Qi Holdings'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.


China Zhong Qi Holdings Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Zhong Qi Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Zhong Qi Holdings's Cyclically Adjusted PB Ratio falls into.



China Zhong Qi Holdings 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.

China Zhong Qi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, China Zhong Qi Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.108/103.1000*103.1000
=0.108

Current CPI (Jun. 2017) = 103.1000.

China Zhong Qi Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200709 0.000 81.276 0.000
200712 0.000 82.911 0.000
200803 0.000 85.485 0.000
200806 0.000 85.058 0.000
200809 0.000 85.057 0.000
200812 0.000 83.956 0.000
200903 0.000 84.457 0.000
200906 0.000 83.615 0.000
200909 -23.861 84.369 -29.158
200912 -30.626 85.386 -36.980
201003 -21.148 86.316 -25.260
201006 -22.139 85.886 -26.576
201009 -20.496 87.267 -24.215
201012 -21.904 89.289 -25.292
201103 -16.710 91.154 -18.900
201106 -19.222 91.612 -21.632
201109 -21.235 92.711 -23.615
201112 -19.165 92.885 -21.273
201203 -24.159 94.367 -26.395
201206 -36.500 93.495 -40.250
201209 -37.913 94.482 -41.371
201212 -39.065 95.237 -42.290
201303 -40.826 96.372 -43.676
201306 -42.630 95.984 -45.790
201309 -43.087 97.332 -45.640
201312 -43.739 97.624 -46.193
201403 -45.196 98.600 -47.259
201406 -46.957 98.200 -49.300
201409 -10.812 98.900 -11.271
201412 -12.309 99.000 -12.819
201503 -13.978 99.900 -14.426
201506 -14.879 99.500 -15.417
201509 -18.113 100.500 -18.582
201512 -16.662 100.600 -17.076
201603 -17.674 102.200 -17.830
201606 0.209 101.400 0.213
201609 0.250 102.400 0.252
201612 5.128 102.600 5.153
201703 0.095 103.200 0.095
201706 0.108 103.100 0.108

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.


China Zhong Qi Holdings Business Description

Address 1602, Phase A, Science and Technology Innovation Plaza, Tian’an Science and Technology Park, Futian District, Shenzhen, CHN, 331111
China Zhong Qi Holdings Ltd is engaged in mining of fluorite. The company is also engaged in equity investment and financial services sector.