Tianjin Binhai Teda Logistics Group (HKSE:08348) Cyclically Adjusted PB Ratio : 0.15 (As of Jun. 04, 2025)

View and export this data going back to 2008. Start your Free Trial

What is Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Tianjin Binhai Teda Logistics Group's current share price is HK$0.46. Tianjin Binhai Teda Logistics Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was HK$3.03. Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio for today is 0.15.

The historical rank and industry rank for Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:08348' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.25
Current: 0.15

During the past years, Tianjin Binhai Teda Logistics Group's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.08. And the median was 0.11.

HKSE:08348's Cyclically Adjusted PB Ratio is ranked better than
96.79% of 717 companies
in the Transportation industry
Industry Median: 1.25 vs HKSE:08348: 0.15

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.

Tianjin Binhai Teda Logistics Group's adjusted book value per share data for the three months ended in Dec. 2024 was HK$2.667. 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$3.03 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tianjin Binhai Teda Logistics 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.

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio Chart

Tianjin Binhai Teda Logistics Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.11

0.10

0.11

0.14

Tianjin Binhai Teda Logistics Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.12	-	0.11	0.10	0.14

Competitive Comparison of Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Tianjin Binhai Teda Logistics 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.

Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio falls into.

Save Embed

;

Save Embed

;

Tianjin Binhai Teda Logistics 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.

Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.46	/	3.03
	=	0.15

Tianjin Binhai Teda Logistics Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Tianjin Binhai Teda Logistics Group'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)
	=	2.667	/	114.8925	*	114.8925
	=	2.667

Current CPI (Dec. 2024) = 114.8925.

Tianjin Binhai Teda Logistics Group Quarterly Data

	Book Value per Share	CPI	Adj_Book
201409	0.000	98.900	0.000
201412	2.800	99.000	3.249
201503	0.000	99.900	0.000
201506	2.801	99.500	3.234
201509	0.000	100.500	0.000
201512	2.735	100.600	3.124
201603	0.000	102.200	0.000
201606	2.704	101.400	3.064
201609	0.000	102.400	0.000
201612	2.655	102.600	2.973
201703	0.000	103.200	0.000
201706	2.695	103.100	3.003
201709	0.000	104.100	0.000
201712	3.207	104.500	3.526
201803	0.000	105.300	0.000
201806	2.922	104.900	3.200
201809	0.000	106.600	0.000
201812	3.068	106.500	3.310
201903	0.000	107.700	0.000
201906	3.098	107.700	3.305
201909	0.000	109.800	0.000
201912	3.034	111.200	3.135
202003	0.000	112.300	0.000
202006	3.017	110.400	3.140
202009	0.000	111.700	0.000
202012	2.789	111.500	2.874
202103	0.000	112.662	0.000
202106	2.907	111.769	2.988
202109	0.000	112.215	0.000
202112	2.928	113.108	2.974
202203	0.000	114.335	0.000
202206	2.875	114.558	2.883
202209	0.000	115.339	0.000
202212	2.756	115.116	2.751
202303	0.000	115.116	0.000
202306	2.735	114.558	2.743
202309	0.000	115.339	0.000
202312	2.739	114.781	2.742
202406	2.698	114.781	2.701
202412	2.667	114.893	2.667

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.

Tianjin Binhai Teda Logistics Group (HKSE:08348) 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.

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio Related Terms

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

Tianjin Binhai Teda Logistics Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tianjin Binhai Teda Logistics Group Corp Ltd (HKSE:08348) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 39, Bohai Road, 3rd Floor, Tianjin Economic and Technological Development Area, Tianjin, CHN, 300457

Website

http://www.tbtl.cn

Tianjin Binhai Teda Logistics Group Corp Ltd provides integrated logistics services. The group operates in the segments of materials procurement and logistics services which deal in the sales of raw materials to trading companies, as well as the provision of transportation management, storage, warehouse management, and logistics and supply chain services for finished automobiles and components segment. It is engaged in the provision of logistics and supply chain management services, including planning, storage, and transportation management for finished automobiles and components. The company mainly operates its business in the PRC.

Executives

Teda Investment Holding Co., Ltd.	2101 Beneficial owner
Sino Biopharmaceutical Limited	2201 Interest of corporation controlled by you
Charoen Pokphand Group Company Limited	2201 Interest of corporation controlled by you
Tianjin Port Development Holdings Limited	2101 Beneficial owner
Tianjin Port Overseas Holding Limited	2201 Interest of corporation controlled by you
Zheng Da Zhi Di You Xian Gong Si	2101 Beneficial owner
Fu Tai Shang Hai You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Gang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Tianjin Binhai Teda Logistics Group Headlines

No Headlines