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China Shenhua Energy Co (FRA:IKFC) Cyclically Adjusted PB Ratio : 2.45 (As of Dec. 14, 2024)


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What is China Shenhua Energy Co Cyclically Adjusted PB Ratio?

As of today (2024-12-14), China Shenhua Energy Co's current share price is €16.60. China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €6.77. China Shenhua Energy Co's Cyclically Adjusted PB Ratio for today is 2.45.

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

FRA:IKFC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.42   Max: 2.48
Current: 2.31

During the past years, China Shenhua Energy Co's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.93. And the median was 1.42.

FRA:IKFC's Cyclically Adjusted PB Ratio is ranked worse than
71.63% of 141 companies
in the Other Energy Sources industry
Industry Median: 1.43 vs FRA:IKFC: 2.31

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.

China Shenhua Energy Co's adjusted book value per share data for the three months ended in Sep. 2024 was €10.638. 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 €6.77 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shenhua Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted PB Ratio Chart

China Shenhua Energy 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 1.18 1.12 1.34 1.57 1.74

China Shenhua Energy Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.74 1.74 2.15 2.44 2.36

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Cyclically Adjusted PB Ratio falls into.



China Shenhua Energy 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.

China Shenhua Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.60/6.77
=2.45

* 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 Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, China Shenhua Energy Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.638/115.7848*115.7848
=10.638

Current CPI (Sep. 2024) = 115.7848.

China Shenhua Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.781 99.000 9.100
201503 8.876 99.900 10.287
201506 8.382 99.500 9.754
201509 8.320 100.500 9.585
201512 8.382 100.600 9.647
201603 8.270 102.200 9.369
201606 8.086 101.400 9.233
201609 8.215 102.400 9.289
201612 8.606 102.600 9.712
201703 8.881 103.200 9.964
201706 7.362 103.100 8.268
201709 7.507 104.100 8.350
201712 7.771 104.500 8.610
201803 8.098 105.300 8.904
201806 8.205 104.900 9.056
201809 8.069 106.600 8.764
201812 8.417 106.500 9.151
201903 9.035 107.700 9.713
201906 8.641 107.700 9.290
201909 8.905 109.800 9.390
201912 9.082 111.200 9.456
202003 9.384 112.300 9.675
202006 8.762 110.400 9.189
202009 8.979 111.700 9.307
202012 9.106 111.500 9.456
202103 9.667 112.662 9.935
202106 9.133 111.769 9.461
202109 9.717 112.215 10.026
202112 10.537 113.108 10.786
202203 11.438 114.335 11.583
202206 10.507 114.558 10.620
202209 11.296 115.339 11.340
202212 10.738 115.116 10.800
202303 11.335 115.116 11.401
202306 9.884 114.558 9.990
202309 10.258 115.339 10.298
202312 10.567 114.781 10.659
202403 10.966 115.227 11.019
202406 10.238 114.781 10.328
202409 10.638 115.785 10.638

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 Shenhua Energy Co  (FRA:IKFC) 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 Shenhua Energy Co Cyclically Adjusted PB Ratio Related Terms

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


China Shenhua Energy Co Business Description

Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally integrated coal-based energy company, mainly engaging in business segments: Coal, Power generation, Shipping, railway, port, and Coal chemical. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities, and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

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