HERB (Yasheng Group) Cyclically Adjusted PB Ratio: (As of Jul. 24, 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.
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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 Yasheng Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yasheng Group  (OTCPK:HERB) 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.


Yasheng Group Cyclically Adjusted PB Ratio Related Terms


Yasheng Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yasheng 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.

Yasheng Group Cyclically Adjusted PB Ratio Chart

Yasheng Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Yasheng Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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

HERB vs BIQI: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Yasheng 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.


Yasheng Group Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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



Yasheng 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.

Yasheng Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 is calculated as:

For example, Yasheng Group's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book=Book Value per Share/CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=1.352/236.5250*236.5250
=1.352

Current CPI (Dec. 2015) = 236.5250.

Yasheng Group Quarterly Data

Book Value per Share CPI Adj_Book
200603 7.242 199.800 8.573
200606 7.355 202.900 8.574
200609 7.566 202.900 8.820
200612 7.761 201.800 9.096
200703 7.970 205.352 9.180
200706 8.191 208.352 9.299
200709 8.445 208.490 9.581
200712 8.790 210.036 9.899
200803 9.228 213.528 10.222
200806 9.561 218.815 10.335
200809 9.773 218.783 10.566
200812 9.847 210.228 11.079
200903 9.956 212.709 11.071
200906 10.088 215.693 11.062
200909 10.248 215.969 11.223
200912 10.347 215.949 11.333
201003 10.461 217.631 11.369
201006 10.662 217.965 11.570
201009 11.009 218.439 11.921
201012 11.306 219.179 12.201
201103 11.579 223.467 12.256
201106 11.852 225.722 12.419
201109 12.315 226.889 12.838
201112 12.631 225.672 13.238
201203 12.778 229.392 13.175
201206 12.848 229.478 13.243
201209 13.056 231.407 13.345
201212 13.480 229.601 13.887
201303 13.650 232.773 13.870
201306 13.986 233.504 14.167
201309 14.293 234.149 14.438
201312 14.715 233.049 14.934
201403 14.788 236.293 14.803
201406 14.946 238.343 14.832
201409 15.227 238.031 15.131
201412 15.615 234.812 15.729
201503 15.707 236.119 15.734
201506 15.953 238.638 15.812
201509 15.967 237.945 15.872
201512 1.352 236.525 1.352

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.


Yasheng Group Business Description

Address 710 Lakeway Drive, Suite 200, Sunnyvale, CA, USA, 94085
Yasheng Group is a Colorado corporation, a U.S. company that conducts business operations in the U.S., China, and the Philippines through four segments: Mining, Agriculture and Biotechnology, and Blockchain+ IOT. The company's agricultural products include herbal medicines, organic herbal food products, ginkgo, songaricum, betel nut, coconut, coffee, wolfberry, hemp, and other specialty crops. It also designs, develops, and markets new technologies related to agriculture and genetic biology.