China Yangtze Power Co (LSE:78TK) Cyclically Adjusted PB Ratio: (As of Sep. 14, 2026)

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What is China Yangtze Power Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Yangtze Power Co  (LSE:78TK) 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 Yangtze Power Co Cyclically Adjusted PB Ratio Related Terms


China Yangtze Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Yangtze Power 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.

China Yangtze Power Co Cyclically Adjusted PB Ratio Chart

China Yangtze Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.11 3.35 4.08 3.62

China Yangtze Power Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.09 3.64 3.62 3.53 3.43

China Yangtze Power Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, China Yangtze Power 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 Yangtze Power Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Yangtze Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



China Yangtze Power 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 Yangtze Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, China Yangtze Power Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.039/116.0564*116.0564
=13.039

Current CPI (Jun. 2026) = 116.0564.

China Yangtze Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.446 102.400 9.572
201612 8.421 102.600 9.525
201703 8.651 103.200 9.729
201706 8.066 103.100 9.080
201709 9.020 104.100 10.056
201712 9.314 104.500 10.344
201803 9.915 105.300 10.928
201806 9.005 104.900 9.963
201809 9.116 106.600 9.925
201812 9.391 106.500 10.234
201903 9.840 107.700 10.603
201906 8.979 107.700 9.676
201909 9.276 109.800 9.805
201912 9.689 111.200 10.112
202003 9.821 112.300 10.150
202006 9.101 110.400 9.567
202009 10.709 111.700 11.127
202012 11.574 111.500 12.047
202103 11.826 112.662 12.182
202106 11.286 111.769 11.719
202109 11.969 112.215 12.379
202112 12.500 113.108 12.826
202203 12.782 114.335 12.974
202206 11.480 114.558 11.630
202209 11.451 115.339 11.522
202212 14.360 115.116 14.477
202303 10.959 115.116 11.049
202306 10.559 114.558 10.697
202309 11.043 115.339 11.112
202312 11.531 114.781 11.659
202403 11.666 115.227 11.750
202406 10.918 114.781 11.039
202409 12.155 115.785 12.184
202412 11.808 114.893 11.928
202503 12.167 115.116 12.266
202506 11.755 114.907 11.873
202509 12.685 115.471 12.749
202512 12.844 115.832 12.869
202603 13.514 116.303 13.485
202606 13.039 116.056 13.039

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 Yangtze Power Co Business Description

Address No. 88 Sanyang Road, Jiang\'an District, Hubei Province, Wuhan City, CHN, 430014
China Yangtze Power Co Ltd business activities include hydroelectric power generation, power distribution and sales, overseas power station's operation, management, consultation services, investment, and financing. It has also established its power distribution and sales platforms such as Three Gorges Water Conservancy and Peru LuzdelSur. The company owns the power generation assets of four hydropower plants on the mainstream of the Yangtze River, namely Three Gorges, Gezhouba, Xiluodu, and Xiangjiaba.