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Sany Heavy Equipment International Holdings Co (HKSE:00631) Cyclically Adjusted PB Ratio : 1.96 (As of Jun. 04, 2025)


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What is Sany Heavy Equipment International Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Sany Heavy Equipment International Holdings Co's current share price is HK$6.18. Sany Heavy Equipment International Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was HK$3.15. Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio for today is 1.96.

The historical rank and industry rank for Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00631' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.79   Max: 2.79
Current: 1.87

During the past 13 years, Sany Heavy Equipment International Holdings Co's highest Cyclically Adjusted PB Ratio was 2.79. The lowest was 1.40. And the median was 1.79.

HKSE:00631's Cyclically Adjusted PB Ratio is ranked worse than
59.54% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.68 vs HKSE:00631: 1.87

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.

Sany Heavy Equipment International Holdings Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was HK$4.047. 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$3.15 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sany Heavy Equipment International Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings Co Cyclically Adjusted PB Ratio Chart

Sany Heavy Equipment International Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 2.67 2.71 2.46 1.44

Sany Heavy Equipment International Holdings Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 1.44 -

Competitive Comparison of Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Equipment International Holdings 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.


Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio falls into.


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Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.18/3.15
=1.96

* 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.

Sany Heavy Equipment International Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Sany Heavy Equipment International Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=4.047/114.8925*114.8925
=4.047

Current CPI (Dec24) = 114.8925.

Sany Heavy Equipment International Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201512 2.655 100.600 3.032
201612 2.241 102.600 2.509
201712 2.456 104.500 2.700
201812 2.402 106.500 2.591
201912 2.559 111.200 2.644
202012 2.973 111.500 3.063
202112 3.378 113.108 3.431
202212 3.531 115.116 3.524
202312 3.961 114.781 3.965
202412 4.047 114.893 4.047

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.


Sany Heavy Equipment International Holdings Co  (HKSE:00631) 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.


Sany Heavy Equipment International Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Sany Heavy Equipment International Holdings Co Business Description

Traded in Other Exchanges
Address
No. 25, 16 Kaifa Road, Shenyang Economic and Technological Development Area, Liaoning Province, Shenyang, CHN, 110000
Sany Heavy Equipment International Holdings Co Ltd is a China-based investment holding company. The Mining Equipment segment produces and sells coal machinery, non-coal mining, mining vehicles, robots, smart mining products, and accessories. The Logistics Equipment segment produces and sells container equipment, material equipment, general equipment, and accessories. The oil & gas equipment segment engages in the production and sale of fracturing units and spare parts for oil & gas fields, and the provision of oil & gas field cementing and, the emerging industry equipment segment mainly engages in the production and sale of li-ion battery manufacturing equipment, power exchange stations, li-ion batteries, electricity, power station project products and the provision of related services.
Executives
Liang Wengen 2201 Interest of corporation controlled by you
Sany Heavy Equipment Investments Company Limited 2201 Interest of corporation controlled by you
Sany Hongkong Group Limited 2101 Beneficial owner

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