GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sichuan Western Resources Holding Co Ltd (SHSE:600139) » Definitions » Cyclically Adjusted PB Ratio

Sichuan Western Resources Holding Co (SHSE:600139) Cyclically Adjusted PB Ratio : 0.65 (As of May. 15, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Sichuan Western Resources Holding Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Sichuan Western Resources Holding Co's current share price is ¥0.74. Sichuan Western Resources Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was ¥1.14. Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600139's Cyclically Adjusted PB Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 0.96
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Sichuan Western Resources Holding Co's adjusted book value per share data for the three months ended in Sep. 2022 was ¥-0.900. 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 ¥1.14 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Western Resources Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sichuan Western Resources Holding 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.

Sichuan Western Resources Holding Co Cyclically Adjusted PB Ratio Chart

Sichuan Western Resources Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 1.99 2.19 2.24 1.76

Sichuan Western Resources Holding Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.68 1.76 1.61 1.76 2.63

Competitive Comparison of Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Sichuan Western Resources Holding 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.


Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio falls into.



Sichuan Western Resources Holding 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.

Sichuan Western Resources Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.74/1.14
=0.65

* 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.

Sichuan Western Resources Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Sichuan Western Resources Holding Co's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.9/115.3387*115.3387
=-0.900

Current CPI (Sep. 2022) = 115.3387.

Sichuan Western Resources Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 2.440 95.237 2.955
201303 2.452 96.372 2.935
201306 2.074 95.984 2.492
201309 2.055 97.332 2.435
201312 1.945 97.624 2.298
201403 1.953 98.600 2.285
201406 1.949 98.200 2.289
201409 1.945 98.900 2.268
201412 1.964 99.000 2.288
201503 1.931 99.900 2.229
201506 1.969 99.500 2.282
201509 1.961 100.500 2.251
201512 1.547 100.600 1.774
201603 1.480 102.200 1.670
201606 1.369 101.400 1.557
201609 1.194 102.400 1.345
201612 1.533 102.600 1.723
201703 1.482 103.200 1.656
201706 1.350 103.100 1.510
201709 1.257 104.100 1.393
201712 0.626 104.500 0.691
201803 0.583 105.300 0.639
201806 0.616 104.900 0.677
201809 0.571 106.600 0.618
201812 0.649 106.500 0.703
201903 0.626 107.700 0.670
201906 0.607 107.700 0.650
201909 0.590 109.800 0.620
201912 0.533 111.200 0.553
202003 0.529 112.300 0.543
202006 0.521 110.400 0.544
202009 0.507 111.700 0.524
202012 0.219 111.500 0.227
202103 0.180 112.662 0.184
202106 0.103 111.769 0.106
202109 -0.667 112.215 -0.686
202112 -0.743 113.108 -0.758
202203 -0.792 114.335 -0.799
202206 -0.847 114.558 -0.853
202209 -0.900 115.339 -0.900

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.


Sichuan Western Resources Holding Co  (SHSE:600139) 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.


Sichuan Western Resources Holding Co Cyclically Adjusted PB Ratio Related Terms

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


Sichuan Western Resources Holding Co (SHSE:600139) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Bisheng Road, Jinjiang Industrial Development Zone, Chengdu, Sichuan, CHN, 610063
Sichuan Western Resources Holding Co Ltd engages in the exploration, mining, and beneficiation of various metals in China. It primarily explores for copper, gold, and silver metals. The company also manufactures and sells new energy vehicles and electric drive systems. In addition, it manufactures CNG and city buses; and develops and manufactures lithium-ion battery materials and related batteries products. Further, the company provides finance leasing services.

Sichuan Western Resources Holding Co (SHSE:600139) Headlines

No Headlines