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Grand Baoxin Auto Group (Grand Baoxin Auto Group) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 20, 2024)


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What is Grand Baoxin Auto Group Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Grand Baoxin Auto Group's current share price is $0.30. Grand Baoxin Auto Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $3.08. Grand Baoxin Auto Group's Cyclically Adjusted PB Ratio for today is 0.10.

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

GBXXY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.21   Max: 0.65
Current: 0.06

During the past 13 years, Grand Baoxin Auto Group's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.05. And the median was 0.21.

GBXXY's Cyclically Adjusted PB Ratio is ranked better than
98.91% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs GBXXY: 0.06

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.

Grand Baoxin Auto Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was $3.831. 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 $3.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Baoxin Auto Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grand Baoxin Auto 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.

* Premium members only.

Grand Baoxin Auto Group Cyclically Adjusted PB Ratio Chart

Grand Baoxin Auto 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 0.61 0.31 0.23 0.15 0.09

Grand Baoxin Auto Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.23 - 0.15 - 0.09

Competitive Comparison of Grand Baoxin Auto Group's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Grand Baoxin Auto 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.


Grand Baoxin Auto Group's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grand Baoxin Auto Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Baoxin Auto Group's Cyclically Adjusted PB Ratio falls into.



Grand Baoxin Auto 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.

Grand Baoxin Auto Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.30/3.08
=0.10

* 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.

Grand Baoxin Auto Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Grand Baoxin Auto Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.831/114.7809*114.7809
=3.831

Current CPI (Dec23) = 114.7809.

Grand Baoxin Auto Group Annual Data

Book Value per Share CPI Adj_Book
201412 3.215 99.000 3.727
201512 2.992 100.600 3.414
201612 2.827 102.600 3.163
201712 3.694 104.500 4.057
201812 3.621 106.500 3.903
201912 3.854 111.200 3.978
202012 4.313 111.500 4.440
202112 4.806 113.108 4.877
202212 3.886 115.116 3.875
202312 3.831 114.781 3.831

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.


Grand Baoxin Auto Group  (OTCPK:GBXXY) 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.


Grand Baoxin Auto Group Cyclically Adjusted PB Ratio Related Terms

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


Grand Baoxin Auto Group (Grand Baoxin Auto Group) Business Description

Traded in Other Exchanges
Address
No. 3998 Hongxin Road, Grand Baoxin Building, Minhang District, Shanghai, CHN
Grand Baoxin Auto Group Ltd is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. It has only one reportable segment being the Sale of Motor Vehicles and the Provision of Related Services. The company offers a full range of integrated services, providing a range of services including new car sales, after-sales maintenance, auto beauty modification, used car sales, auto insurance business, auto parts sales, and other automotive-related product sales. The company's car brand portfolio comprises of Audi, Jaguar Land Rover, Volvo, Cadillac, Chrysler, Alfa Romeo, Porsche, Rolls Royce, and others. The company operates in Mainland China.

Grand Baoxin Auto Group (Grand Baoxin Auto Group) Headlines

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