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Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Cyclically Adjusted PB Ratio : 2.24 (As of Jun. 30, 2025)


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What is Jiangsu Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio?

As of today (2025-06-30), Jiangsu Chengxing Phosph-chemicals Co's current share price is ¥5.64. Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.52. Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio for today is 2.24.

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

SHSE:600078' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.23   Max: 6.49
Current: 2.25

During the past years, Jiangsu Chengxing Phosph-chemicals Co's highest Cyclically Adjusted PB Ratio was 6.49. The lowest was 0.71. And the median was 2.23.

SHSE:600078's Cyclically Adjusted PB Ratio is ranked worse than
60.8% of 1227 companies
in the Chemicals industry
Industry Median: 1.6 vs SHSE:600078: 2.25

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 Chengxing Phosph-chemicals Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.483. 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 ¥2.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jiangsu Chengxing Phosph-chemicals 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 Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio Chart

Jiangsu Chengxing Phosph-chemicals 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 1.38 3.60 4.45 3.28 2.29

Jiangsu Chengxing Phosph-chemicals 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 2.41 2.44 2.46 2.29 2.15

Competitive Comparison of Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Jiangsu Chengxing Phosph-chemicals 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 Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio falls into.


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Jiangsu Chengxing Phosph-chemicals 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 Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.64/2.52
=2.24

* 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 Chengxing Phosph-chemicals Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Jiangsu Chengxing Phosph-chemicals Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.483/115.1156*115.1156
=2.483

Current CPI (Mar. 2025) = 115.1156.

Jiangsu Chengxing Phosph-chemicals Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.695 99.500 3.118
201509 2.698 100.500 3.090
201512 2.695 100.600 3.084
201603 2.712 102.200 3.055
201606 2.734 101.400 3.104
201609 2.740 102.400 3.080
201612 2.771 102.600 3.109
201703 2.789 103.200 3.111
201706 2.762 103.100 3.084
201709 2.796 104.100 3.092
201712 3.240 104.500 3.569
201803 2.838 105.300 3.103
201806 2.822 104.900 3.097
201809 2.811 106.600 3.036
201812 2.551 106.500 2.757
201903 2.557 107.700 2.733
201906 2.580 107.700 2.758
201909 2.630 109.800 2.757
201912 2.634 111.200 2.727
202003 2.646 112.300 2.712
202006 2.631 110.400 2.743
202009 2.633 111.700 2.714
202012 -0.846 111.500 -0.873
202103 -0.735 112.662 -0.751
202106 -0.737 111.769 -0.759
202109 -0.622 112.215 -0.638
202112 2.199 113.108 2.238
202203 2.302 114.335 2.318
202206 3.100 114.558 3.115
202209 2.974 115.339 2.968
202212 2.982 115.116 2.982
202303 3.015 115.116 3.015
202306 2.734 114.558 2.747
202309 2.725 115.339 2.720
202312 2.802 114.781 2.810
202403 2.793 115.227 2.790
202406 2.749 114.781 2.757
202409 2.639 115.785 2.624
202412 2.498 114.893 2.503
202503 2.483 115.116 2.483

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 Chengxing Phosph-chemicals Co  (SHSE:600078) 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 Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio Related Terms

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Jiangsu Chengxing Phosph-chemicals Co Business Description

Traded in Other Exchanges
N/A
Address
No. 208 Huashan Road, Jiangyin, Jiangsu, CHN, 214432
Jiangsu Chengxing Phosph-chemicals Co Ltd is mainly engaged in the production and sale of phosphoric acid, phosphate products and yellow phosphorus.

Jiangsu Chengxing Phosph-chemicals Co Headlines

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