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China Yurun Food Group (HKSE:01068) Cyclically Adjusted PB Ratio : 0.06 (As of Jun. 06, 2024)


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What is China Yurun Food Group Cyclically Adjusted PB Ratio?

As of today (2024-06-06), China Yurun Food Group's current share price is HK$0.149. China Yurun Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$2.63. China Yurun Food Group's Cyclically Adjusted PB Ratio for today is 0.06.

The historical rank and industry rank for China Yurun Food Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:01068' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.14   Max: 0.92
Current: 0.06

During the past 13 years, China Yurun Food Group's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.06. And the median was 0.14.

HKSE:01068's Cyclically Adjusted PB Ratio is ranked better than
98.36% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs HKSE:01068: 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.

China Yurun Food Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$-0.381. 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$2.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Yurun Food Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Yurun Food 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.

China Yurun Food Group Cyclically Adjusted PB Ratio Chart

China Yurun Food 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 0.12 0.11 0.17 0.10 0.08

China Yurun Food 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 0.17 - 0.10 - 0.08

Competitive Comparison of China Yurun Food Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, China Yurun Food 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.


China Yurun Food Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



China Yurun Food 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.

China Yurun Food Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.149/2.63
=0.06

* 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.

China Yurun Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Yurun Food 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)
=-0.381/114.7809*114.7809
=-0.381

Current CPI (Dec23) = 114.7809.

China Yurun Food Group Annual Data

Book Value per Share CPI Adj_Book
201412 8.719 99.000 10.109
201512 6.737 100.600 7.687
201612 5.126 102.600 5.735
201712 4.313 104.500 4.737
201812 1.522 106.500 1.640
201912 -0.752 111.200 -0.776
202012 -1.812 111.500 -1.865
202112 -0.292 113.108 -0.296
202212 -0.298 115.116 -0.297
202312 -0.381 114.781 -0.381

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.


China Yurun Food Group  (HKSE:01068) 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.


China Yurun Food Group Cyclically Adjusted PB Ratio Related Terms

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


China Yurun Food Group (HKSE:01068) Business Description

Traded in Other Exchanges
Address
10 Yurun Road, Jianye District, Nanjing, CHN, 210041
China Yurun Food Group Ltd is mainly engaged in the provision of a wide range of meat and processed meat including chilled and frozen meat, low-temperature meat products and high-temperature meat products, and others. The company operates through two business segments namely Chilled and frozen meat and Processed meat products. The Chilled and frozen meat is involved in the business of slaughtering, production, and sales of chilled and frozen meat whereas the Processed meat products segment manufactures and distributes processed meat products. The company markets its products under the brand name of Yurun, Furun, Wangrun, and Popular Meat Packing. China Yurun generates all the revenue from the sale of meat products in the People's Republic of China.

China Yurun Food Group (HKSE:01068) Headlines

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