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Henan Taloph Pharmaceutical Stock Co (SHSE:600222) Cyclically Adjusted PB Ratio : 2.12 (As of Jun. 04, 2025)


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What is Henan Taloph Pharmaceutical Stock Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Henan Taloph Pharmaceutical Stock Co's current share price is ¥5.85. Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.76. Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio for today is 2.12.

The historical rank and industry rank for Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600222' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.34   Max: 10.73
Current: 2.02

During the past years, Henan Taloph Pharmaceutical Stock Co's highest Cyclically Adjusted PB Ratio was 10.73. The lowest was 1.49. And the median was 2.34.

SHSE:600222's Cyclically Adjusted PB Ratio is ranked worse than
51.29% of 696 companies
in the Drug Manufacturers industry
Industry Median: 1.975 vs SHSE:600222: 2.02

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.

Henan Taloph Pharmaceutical Stock Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.750. 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 ¥2.76 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henan Taloph Pharmaceutical Stock Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Henan Taloph Pharmaceutical Stock 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.

Henan Taloph Pharmaceutical Stock Co Cyclically Adjusted PB Ratio Chart

Henan Taloph Pharmaceutical Stock 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 2.09 3.53 2.37 2.24 1.84

Henan Taloph Pharmaceutical Stock 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 1.92 1.53 1.90 1.84 1.90

Competitive Comparison of Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Henan Taloph Pharmaceutical Stock 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.


Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio falls into.


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Henan Taloph Pharmaceutical Stock 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.

Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.85/2.76
=2.12

* 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.

Henan Taloph Pharmaceutical Stock Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Henan Taloph Pharmaceutical Stock 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)
=2.75/115.1156*115.1156
=2.750

Current CPI (Mar. 2025) = 115.1156.

Henan Taloph Pharmaceutical Stock Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.574 99.500 2.978
201509 2.574 100.500 2.948
201512 2.580 100.600 2.952
201603 2.582 102.200 2.908
201606 2.583 101.400 2.932
201609 2.584 102.400 2.905
201612 2.587 102.600 2.903
201703 2.590 103.200 2.889
201706 2.591 103.100 2.893
201709 2.592 104.100 2.866
201712 2.596 104.500 2.860
201803 2.600 105.300 2.842
201806 2.591 104.900 2.843
201809 2.596 106.600 2.803
201812 2.420 106.500 2.616
201903 2.333 107.700 2.494
201906 2.282 107.700 2.439
201909 2.277 109.800 2.387
201912 2.396 111.200 2.480
202003 2.347 112.300 2.406
202006 2.330 110.400 2.430
202009 2.476 111.700 2.552
202012 2.533 111.500 2.615
202103 2.941 112.662 3.005
202106 2.944 111.769 3.032
202109 2.826 112.215 2.899
202112 2.893 113.108 2.944
202203 3.043 114.335 3.064
202206 2.894 114.558 2.908
202209 2.726 115.339 2.721
202212 2.736 115.116 2.736
202303 2.707 115.116 2.707
202306 2.472 114.558 2.484
202309 2.528 115.339 2.523
202312 2.751 114.781 2.759
202403 2.764 115.227 2.761
202406 2.704 114.781 2.712
202409 2.736 115.785 2.720
202412 2.744 114.893 2.749
202503 2.750 115.116 2.750

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.


Henan Taloph Pharmaceutical Stock Co  (SHSE:600222) 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.


Henan Taloph Pharmaceutical Stock Co Cyclically Adjusted PB Ratio Related Terms

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Henan Taloph Pharmaceutical Stock Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jinsuo Road, High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Henan Taloph Pharmaceutical Stock Co Ltd is a Chinese company engaged in the manufacture of Western and Chinese medicine products, including oral liquids, tablets, capsules, and bulk drugs. Geographically, the business activities are functioned through China region.
Executives
Zhao Qing Xin Director

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