GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guangzhou Automobile Group Co Ltd (OTCPK:GNZUF) » Definitions » Cyclically Adjusted PB Ratio

Guangzhou Automobile Group Co (Guangzhou Automobile Group Co) Cyclically Adjusted PB Ratio : 0.99 (As of Jun. 18, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Guangzhou Automobile Group Co's current share price is $0.355. Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.36. Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio for today is 0.99.

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

GNZUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 2.19   Max: 4.98
Current: 1.07

During the past years, Guangzhou Automobile Group Co's highest Cyclically Adjusted PB Ratio was 4.98. The lowest was 1.05. And the median was 2.19.

GNZUF's Cyclically Adjusted PB Ratio is ranked better than
58.39% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs GNZUF: 1.07

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.

Guangzhou Automobile Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was $1.550. 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 $0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Guangzhou Automobile Group 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.

Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Chart

Guangzhou Automobile Group 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 2.17 2.30 2.39 1.58 1.13

Guangzhou Automobile Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.55 1.42 1.33 1.13 1.11

Competitive Comparison of Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Guangzhou Automobile Group 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.


Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio falls into.



Guangzhou Automobile Group 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.

Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.355/0.36
=0.99

* 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.

Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangzhou Automobile Group Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.55/117.7354*117.7354
=1.550

Current CPI (Mar. 2024) = 117.7354.

Guangzhou Automobile Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.741 96.409 0.905
201409 0.753 97.948 0.905
201412 0.769 99.707 0.908
201503 0.638 99.927 0.752
201506 0.654 99.267 0.776
201509 0.644 99.927 0.759
201512 0.664 102.015 0.766
201603 0.698 102.785 0.800
201606 0.705 101.686 0.816
201609 0.715 102.565 0.821
201612 0.701 103.225 0.800
201703 0.768 103.335 0.875
201706 0.801 103.664 0.910
201709 0.865 103.994 0.979
201712 1.029 104.984 1.154
201803 1.137 105.973 1.263
201806 1.111 106.193 1.232
201809 1.079 106.852 1.189
201812 1.087 107.622 1.189
201903 1.157 108.172 1.259
201906 1.113 109.601 1.196
201909 1.092 110.260 1.166
201912 1.116 110.700 1.187
202003 1.114 110.920 1.182
202006 1.113 110.590 1.185
202009 1.191 107.512 1.304
202012 1.246 109.711 1.337
202103 1.288 111.579 1.359
202106 1.318 111.360 1.393
202109 1.312 109.051 1.416
202112 1.366 112.349 1.431
202203 1.465 113.558 1.519
202206 1.409 113.448 1.462
202209 1.367 113.778 1.415
202212 1.549 114.548 1.592
202303 1.590 115.427 1.622
202306 1.524 115.647 1.552
202309 1.509 116.087 1.530
202312 1.545 117.296 1.551
202403 1.550 117.735 1.550

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.


Guangzhou Automobile Group Co  (OTCPK:GNZUF) 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.


Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Related Terms

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


Guangzhou Automobile Group Co (Guangzhou Automobile Group Co) Business Description

Address
18 Whitfield Road, Room 808, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The firm's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China.

Guangzhou Automobile Group Co (Guangzhou Automobile Group Co) Headlines