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CRRC (HKSE:01766) Cyclically Adjusted PB Ratio : 0.89 (As of May. 31, 2025)


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What is CRRC Cyclically Adjusted PB Ratio?

As of today (2025-05-31), CRRC's current share price is HK$5.02. CRRC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was HK$5.66. CRRC's Cyclically Adjusted PB Ratio for today is 0.89.

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

HKSE:01766' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.84   Max: 2.59
Current: 0.89

During the past years, CRRC's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.46. And the median was 0.84.

HKSE:01766's Cyclically Adjusted PB Ratio is ranked better than
63.31% of 706 companies
in the Transportation industry
Industry Median: 1.23 vs HKSE:01766: 0.89

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.

CRRC's adjusted book value per share data for the three months ended in Mar. 2025 was HK$6.406. 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$5.66 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRRC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CRRC'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.

CRRC Cyclically Adjusted PB Ratio Chart

CRRC 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 0.59 0.68 0.59 0.62 0.89

CRRC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 0.76 0.90 0.89 0.89 0.86

Competitive Comparison of CRRC's Cyclically Adjusted PB Ratio

For the Railroads subindustry, CRRC'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.


CRRC's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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


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CRRC 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.

CRRC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.02/5.66
=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.

CRRC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, CRRC's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.406/115.1156*115.1156
=6.406

Current CPI (Mar. 2025) = 115.1156.

CRRC Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.304 99.500 4.979
201509 4.314 100.500 4.941
201512 4.268 100.600 4.884
201603 4.316 102.200 4.861
201606 4.213 101.400 4.783
201609 4.279 102.400 4.810
201612 4.308 102.600 4.834
201703 4.636 103.200 5.171
201706 4.569 103.100 5.101
201709 4.874 104.100 5.390
201712 5.028 104.500 5.539
201803 5.309 105.300 5.804
201806 5.117 104.900 5.615
201809 4.960 106.600 5.356
201812 5.084 106.500 5.495
201903 5.316 107.700 5.682
201906 5.097 107.700 5.448
201909 5.084 109.800 5.330
201912 5.269 111.200 5.455
202003 5.262 112.300 5.394
202006 5.162 110.400 5.382
202009 5.483 111.700 5.651
202012 5.908 111.500 6.100
202103 6.006 112.662 6.137
202106 5.972 111.769 6.151
202109 6.109 112.215 6.267
202112 6.339 113.108 6.452
202203 6.385 114.335 6.429
202206 5.971 114.558 6.000
202209 5.818 115.339 5.807
202212 6.033 115.116 6.033
202303 6.178 115.116 6.178
202306 5.835 114.558 5.863
202309 5.817 115.339 5.806
202312 6.135 114.781 6.153
202403 6.132 115.227 6.126
202406 6.016 114.781 6.034
202409 6.272 115.785 6.236
202412 6.279 114.893 6.291
202503 6.406 115.116 6.406

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.


CRRC  (HKSE:01766) 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.


CRRC Cyclically Adjusted PB Ratio Related Terms

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


CRRC Business Description

Traded in Other Exchanges
Address
No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd is engaged in research and development, design, manufacturing, refurbishment, sales, leasing and technical services of railway locomotives, MUs, urban rail transit vehicles, engineering machinery, various electromechanical equipment, electronic equipment and components, as well as electronic devices and environmental protection equipment; information consultation; industry investment and management; asset management; import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you

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