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China Coal Energy Co (HKSE:01898) Cyclically Adjusted PB Ratio : 0.89 (As of Jun. 04, 2025)


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What is China Coal Energy Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), China Coal Energy Co's current share price is HK$8.65. China Coal Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was HK$9.74. China Coal Energy Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

HKSE:01898' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.52   Max: 1.07
Current: 0.86

During the past years, China Coal Energy Co's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.20. And the median was 0.52.

HKSE:01898's Cyclically Adjusted PB Ratio is ranked better than
67.88% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.22 vs HKSE:01898: 0.86

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 Coal Energy Co's adjusted book value per share data for the three months ended in Dec. 2024 was HK$12.216. 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$9.74 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Coal Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Coal Energy 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.

China Coal Energy Co Cyclically Adjusted PB Ratio Chart

China Coal Energy 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 0.27 0.50 0.68 0.75 0.95

China Coal Energy Co 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 0.80 0.95 1.00 0.95 -

Competitive Comparison of China Coal Energy Co's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, China Coal Energy 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.


China Coal Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Coal Energy Co's Cyclically Adjusted PB Ratio falls into.


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China Coal Energy 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.

China Coal Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.65/9.74
=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.

China Coal Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, China Coal Energy Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=12.216/114.8925*114.8925
=12.216

Current CPI (Dec. 2024) = 114.8925.

China Coal Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.136 99.900 9.357
201506 8.043 99.500 9.287
201509 7.787 100.500 8.902
201512 7.567 100.600 8.642
201603 7.477 102.200 8.406
201606 7.438 101.400 8.428
201609 7.363 102.400 8.261
201612 7.268 102.600 8.139
201703 7.435 103.200 8.277
201706 7.583 103.100 8.450
201709 7.955 104.100 8.780
201712 7.991 104.500 8.786
201803 8.497 105.300 9.271
201806 8.319 104.900 9.111
201809 7.958 106.600 8.577
201812 7.889 106.500 8.511
201903 8.268 107.700 8.820
201906 8.144 107.700 8.688
201909 8.109 109.800 8.485
201912 8.158 111.200 8.429
202003 8.193 112.300 8.382
202006 8.093 110.400 8.422
202009 8.570 111.700 8.815
202012 9.120 111.500 9.397
202103 9.436 112.662 9.623
202106 9.806 111.769 10.080
202109 10.213 112.215 10.457
202112 10.560 113.108 10.727
202203 11.311 114.335 11.366
202206 11.043 114.558 11.075
202209 11.093 115.339 11.050
202212 11.022 115.116 11.001
202303 11.880 115.116 11.857
202306 11.407 114.558 11.440
202309 11.601 115.339 11.556
202312 11.870 114.781 11.882
202403 12.270 115.227 12.234
202406 11.973 114.781 11.985
202409 12.415 115.785 12.319
202412 12.216 114.893 12.216

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 Coal Energy Co  (HKSE:01898) 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 Coal Energy Co Cyclically Adjusted PB Ratio Related Terms

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


China Coal Energy Co Business Description

Address
No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120
China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; and Finance and Others. The company generates maximum revenue from the Coal segment.
Executives
Funde Sino Life Insurance Co.,ltd. 2201 Interest of corporation controlled by you

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