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Guangshen Railway Co (HKSE:00525) Cyclically Adjusted PB Ratio : 0.89 (As of Jun. 19, 2024)


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What is Guangshen Railway Co Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Guangshen Railway Co's current share price is HK$2.23. Guangshen Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was HK$2.51. Guangshen Railway Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

HKSE:00525' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.76   Max: 1.44
Current: 0.76

During the past years, Guangshen Railway Co's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.45. And the median was 0.76.

HKSE:00525's Cyclically Adjusted PB Ratio is ranked better than
71.23% of 723 companies
in the Transportation industry
Industry Median: 1.26 vs HKSE:00525: 0.76

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.

Guangshen Railway Co's adjusted book value per share data for the three months ended in Mar. 2024 was HK$4.140. 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 HK$2.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangshen Railway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Guangshen Railway 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.

Guangshen Railway Co Cyclically Adjusted PB Ratio Chart

Guangshen Railway 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 0.72 0.52 0.52 0.53 0.62

Guangshen Railway 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 0.57 0.94 0.68 0.62 0.71

Competitive Comparison of Guangshen Railway Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Guangshen Railway 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.


Guangshen Railway Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangshen Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangshen Railway Co's Cyclically Adjusted PB Ratio falls into.



Guangshen Railway 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.

Guangshen Railway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.23/2.51
=0.89

* 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.

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

For example, Guangshen Railway 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)
=4.14/115.2271*115.2271
=4.140

Current CPI (Mar. 2024) = 115.2271.

Guangshen Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.639 98.200 5.443
201409 4.767 98.900 5.554
201412 4.731 99.000 5.506
201503 4.742 99.900 5.470
201506 4.737 99.500 5.486
201509 4.686 100.500 5.373
201512 4.659 100.600 5.336
201603 4.682 102.200 5.279
201606 4.586 101.400 5.211
201609 4.594 102.400 5.169
201612 4.441 102.600 4.988
201703 4.506 103.200 5.031
201706 4.528 103.100 5.061
201709 4.764 104.100 5.273
201712 4.799 104.500 5.292
201803 5.096 105.300 5.576
201806 4.922 104.900 5.407
201809 4.685 106.600 5.064
201812 4.627 106.500 5.006
201903 4.828 107.700 5.165
201906 4.675 107.700 5.002
201909 4.556 109.800 4.781
201912 4.583 111.200 4.749
202003 4.483 112.300 4.600
202006 4.347 110.400 4.537
202009 4.439 111.700 4.579
202012 4.718 111.500 4.876
202103 4.735 112.662 4.843
202106 4.809 111.769 4.958
202109 4.766 112.215 4.894
202112 4.709 113.108 4.797
202203 4.678 114.335 4.715
202206 4.393 114.558 4.419
202209 4.157 115.339 4.153
202212 3.987 115.116 3.991
202303 4.136 115.116 4.140
202306 4.017 114.558 4.040
202309 3.994 115.339 3.990
202312 4.075 114.781 4.091
202403 4.140 115.227 4.140

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.


Guangshen Railway Co  (HKSE:00525) 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.


Guangshen Railway Co Cyclically Adjusted PB Ratio Related Terms

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


Guangshen Railway Co (HKSE:00525) Business Description

Traded in Other Exchanges
Address
No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010
Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.
Executives
Yi Fang Da Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Kopernik Global Investors Llc 2102 Investment manager
Pacific Asset Management Co., Ltd. 2501 Other
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you

Guangshen Railway Co (HKSE:00525) Headlines

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