Sino Grandness Food Industry Group (FRA:JSO1) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sino Grandness Food Industry Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Grandness Food Industry Group  (FRA:JSO1) 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.


Sino Grandness Food Industry Group Cyclically Adjusted PB Ratio Related Terms


Sino Grandness Food Industry Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sino Grandness Food Industry Group'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.

Sino Grandness Food Industry Group Cyclically Adjusted PB Ratio Chart

Sino Grandness Food Industry Group 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 0.03 0.01 0.01 0.01 0.01

Sino Grandness Food Industry Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.01 0.01 0.01 0.01 0.01

FRA:JSO1 vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Sino Grandness Food Industry Group'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.


Sino Grandness Food Industry Group Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sino Grandness Food Industry Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sino Grandness Food Industry Group's Cyclically Adjusted PB Ratio falls into.



Sino Grandness Food Industry Group 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.

Sino Grandness Food Industry Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Sino Grandness Food Industry Group's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.267/115.1156*115.1156
=0.267

Current CPI (Dec. 2022) = 115.1156.

Sino Grandness Food Industry Group Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.315 96.372 0.376
201306 0.359 95.984 0.431
201309 0.409 97.332 0.484
201312 0.436 97.624 0.514
201403 0.445 98.600 0.520
201406 0.493 98.200 0.578
201409 0.569 98.900 0.662
201412 0.456 99.000 0.530
201503 0.509 99.900 0.587
201506 0.537 99.500 0.621
201509 0.578 100.500 0.662
201512 0.534 100.600 0.611
201603 0.612 102.200 0.689
201606 0.640 101.400 0.727
201609 0.692 102.400 0.778
201612 0.677 102.600 0.760
201703 0.573 103.200 0.639
201706 0.599 103.100 0.669
201709 0.641 104.100 0.709
201712 0.647 104.500 0.713
201803 0.667 105.300 0.729
201806 0.690 104.900 0.757
201809 0.698 106.600 0.754
201812 0.660 106.500 0.713
201903 0.673 107.700 0.719
201906 0.621 107.700 0.664
201909 0.593 109.800 0.622
201912 0.578 111.200 0.598
202003 0.603 112.300 0.618
202006 0.536 110.400 0.559
202009 0.450 111.700 0.464
202012 0.337 111.500 0.348
202103 0.314 112.662 0.321
202106 0.317 111.769 0.326
202109 0.314 112.215 0.322
202112 0.346 113.108 0.352
202203 0.345 114.335 0.347
202206 0.340 114.558 0.342
202209 0.329 115.339 0.328
202212 0.267 115.116 0.267

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.


Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.