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Jinpan International (Jinpan International) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Jinpan International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinpan International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jinpan International'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.

Jinpan International Cyclically Adjusted PB Ratio Chart

Jinpan International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Jinpan International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Jinpan International's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Jinpan International'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.


Jinpan International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jinpan International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jinpan International 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.

Jinpan International's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Jinpan International's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=13.858/100.5000*100.5000
=13.858

Current CPI (Sep. 2015) = 100.5000.

Jinpan International Quarterly Data

Book Value per Share CPI Adj_Book
200512 2.389 75.666 3.173
200603 0.000 76.340 0.000
200606 2.534 76.034 3.349
200609 2.658 76.413 3.496
200612 3.829 77.793 4.947
200703 3.233 78.884 4.119
200706 3.471 79.357 4.396
200709 3.771 81.276 4.663
200712 5.003 82.911 6.064
200803 5.276 85.485 6.203
200806 5.822 85.058 6.879
200809 6.210 85.057 7.337
200812 6.514 83.956 7.798
200903 6.748 84.457 8.030
200906 7.321 83.615 8.799
200909 7.843 84.369 9.343
200912 8.275 85.386 9.740
201003 8.286 86.316 9.648
201006 8.434 85.886 9.869
201009 8.679 87.267 9.995
201012 9.202 89.289 10.357
201103 9.439 91.154 10.407
201106 9.997 91.612 10.967
201109 10.668 92.711 11.564
201112 10.951 92.885 11.849
201203 11.185 94.367 11.912
201206 11.296 93.495 12.142
201209 11.481 94.482 12.212
201212 11.862 95.237 12.518
201303 11.823 96.372 12.329
201306 12.279 95.984 12.857
201309 12.736 97.332 13.151
201312 13.092 97.624 13.478
201403 13.049 98.600 13.300
201406 13.248 98.200 13.558
201409 13.524 98.900 13.743
201412 13.652 99.000 13.859
201503 13.670 99.900 13.752
201506 14.138 99.500 14.280
201509 13.858 100.500 13.858

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.


Jinpan International  (NAS:JST) 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.


Jinpan International Cyclically Adjusted PB Ratio Related Terms

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


Jinpan International (Jinpan International) Business Description

Traded in Other Exchanges
N/A
Address
Jinpan International Ltd was incorporated in the British Virgin Islands on April 3, 1997 under the International Business Companies Act of the British Virgin Islands. The Company design, manufacture and sells electrical power control and distribution equipment that are used in commercial, industrial, and infrastructural applications. Its product lines include cast resin transformers, VPI transformers, VPI line reactors, switchgears and unit substations. Its manufactures low and medium voltage switchgear products under license from Schneider. It also manufactures switchgears, Vacuum Pressure Impregnated (VPI) reactors and transformers, and unit substations. The Company offers switchgear products for general power distribution and for specialized infrastructural and industrial applications. The two main categories of dry type transformers that currently dominate the market are cast resin and open ventilated dry type transformers. Cast resin dry type transformers are predominant in Europe, Japan, and newly developed markets in Asia, including China. Open ventilated dry type transformers are widely used in North America. The Company manufactures medium and low voltage switchgear products for the China market. They use sheet metal to manufacture switchgear enclosures, coat the enclosure, and assemble switchgears using components from brand name suppliers such as Siemens and Schneider. The Company owns the rights to the trademark 'JST,' which is registered with the Trademark Bureau of the State Administration of Industry and Commerce in China.

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