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JEXYY (Jiangsu Expressway Co) Cyclically Adjusted PB Ratio : 2.96 (As of Apr. 27, 2025)


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What is Jiangsu Expressway Co Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Jiangsu Expressway Co's current share price is $25.083. Jiangsu Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $8.47. Jiangsu Expressway Co's Cyclically Adjusted PB Ratio for today is 2.96.

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

JEXYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.15   Max: 2.72
Current: 2.72

During the past years, Jiangsu Expressway Co's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 1.37. And the median was 2.15.

JEXYY's Cyclically Adjusted PB Ratio is ranked worse than
81.22% of 1198 companies
in the Construction industry
Industry Median: 1.03 vs JEXYY: 2.72

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.

Jiangsu Expressway Co's adjusted book value per share data for the three months ended in Dec. 2024 was $21.046. 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 $8.47 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Expressway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co Cyclically Adjusted PB Ratio Chart

Jiangsu Expressway 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 1.92 1.71 1.55 1.87 2.66

Jiangsu Expressway Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.87 2.09 2.24 2.49 2.66

Competitive Comparison of Jiangsu Expressway Co's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Jiangsu Expressway 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.

Jiangsu Expressway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.083/8.47
=2.96

* 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.

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

For example, Jiangsu Expressway 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)
=21.046/114.8925*114.8925
=21.046

Current CPI (Dec. 2024) = 114.8925.

Jiangsu Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 13.397 99.900 15.408
201506 12.629 99.500 14.583
201509 12.707 100.500 14.527
201512 12.605 100.600 14.396
201603 12.963 102.200 14.573
201606 12.060 101.400 13.665
201609 12.887 102.400 14.459
201612 12.742 102.600 14.269
201703 13.289 103.200 14.795
201706 12.822 103.100 14.289
201709 13.889 104.100 15.329
201712 14.163 104.500 15.572
201803 16.228 105.300 17.706
201806 15.304 104.900 16.762
201809 15.022 106.600 16.191
201812 15.074 106.500 16.262
201903 16.482 107.700 17.583
201906 15.327 107.700 16.351
201909 15.443 109.800 16.159
201912 16.159 111.200 16.696
202003 15.740 112.300 16.103
202006 14.535 110.400 15.126
202009 16.111 111.700 16.571
202012 17.126 111.500 17.647
202103 18.295 112.662 18.657
202106 18.224 111.769 18.733
202109 18.438 112.215 18.878
202112 19.972 113.108 20.287
202203 19.817 114.335 19.914
202206 18.027 114.558 18.080
202209 17.737 115.339 17.668
202212 18.189 115.116 18.154
202303 19.070 115.116 19.033
202306 17.856 114.558 17.908
202309 18.398 115.339 18.327
202312 18.897 114.781 18.915
202403 19.797 115.227 19.740
202406 19.075 114.781 19.094
202409 20.649 115.785 20.490
202412 21.046 114.893 21.046

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.


Jiangsu Expressway Co  (OTCPK:JEXYY) 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.


Jiangsu Expressway Co Cyclically Adjusted PB Ratio Related Terms

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


Jiangsu Expressway Co Business Description

Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

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