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Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Cyclically Adjusted PB Ratio : 1.32 (As of Jun. 05, 2025)


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What is Yunnan Metropolitan Real Estate Development Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Yunnan Metropolitan Real Estate Development Co's current share price is ¥2.40. Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.82. Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio for today is 1.32.

The historical rank and industry rank for Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600239' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.3   Max: 4.91
Current: 1.33

During the past years, Yunnan Metropolitan Real Estate Development Co's highest Cyclically Adjusted PB Ratio was 4.91. The lowest was 0.66. And the median was 1.30.

SHSE:600239's Cyclically Adjusted PB Ratio is ranked worse than
72.94% of 1356 companies
in the Real Estate industry
Industry Median: 0.705 vs SHSE:600239: 1.33

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.

Yunnan Metropolitan Real Estate Development Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥0.798. 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 ¥1.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Metropolitan Real Estate Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yunnan Metropolitan Real Estate Development 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.

Yunnan Metropolitan Real Estate Development Co Cyclically Adjusted PB Ratio Chart

Yunnan Metropolitan Real Estate Development 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 0.93 0.96 0.86 1.25 1.43

Yunnan Metropolitan Real Estate Development 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 1.12 0.94 1.50 1.43 1.56

Competitive Comparison of Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Yunnan Metropolitan Real Estate Development 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.


Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio falls into.


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Yunnan Metropolitan Real Estate Development 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.

Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.40/1.82
=1.32

* 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.

Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Yunnan Metropolitan Real Estate Development 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)
=0.798/115.1156*115.1156
=0.798

Current CPI (Mar. 2025) = 115.1156.

Yunnan Metropolitan Real Estate Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.384 99.500 2.758
201509 2.353 100.500 2.695
201512 2.677 100.600 3.063
201603 2.588 102.200 2.915
201606 2.502 101.400 2.840
201609 2.380 102.400 2.676
201612 2.883 102.600 3.235
201703 2.811 103.200 3.136
201706 2.635 103.100 2.942
201709 2.889 104.100 3.195
201712 3.289 104.500 3.623
201803 3.258 105.300 3.562
201806 3.121 104.900 3.425
201809 3.353 106.600 3.621
201812 3.519 106.500 3.804
201903 3.284 107.700 3.510
201906 2.930 107.700 3.132
201909 2.751 109.800 2.884
201912 1.694 111.200 1.754
202003 1.615 112.300 1.655
202006 1.207 110.400 1.259
202009 0.723 111.700 0.745
202012 -0.235 111.500 -0.243
202103 -0.533 112.662 -0.545
202106 0.370 111.769 0.381
202109 0.469 112.215 0.481
202112 0.439 113.108 0.447
202203 0.205 114.335 0.206
202206 0.352 114.558 0.354
202209 0.226 115.339 0.226
202212 0.901 115.116 0.901
202303 1.011 115.116 1.011
202306 0.996 114.558 1.001
202309 0.993 115.339 0.991
202312 0.852 114.781 0.854
202403 0.818 115.227 0.817
202406 0.877 114.781 0.880
202409 0.863 115.785 0.858
202412 0.821 114.893 0.823
202503 0.798 115.116 0.798

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.


Yunnan Metropolitan Real Estate Development Co  (SHSE:600239) 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.


Yunnan Metropolitan Real Estate Development Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Yunnan Metropolitan Real Estate Development Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Yunnan Metropolitan Real Estate Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 869 Minhang Road, Block A, Rongcheng Jinjie Square, Yunnan Province, Kunming, CHN, 650200
Yunnan Metropolitan Real Estate Development Co Ltd is engaged in real estate development and management, commercial housing sales, housing leasing, infrastructure construction investment, land development, project investment and management.
Executives
Wang Jian Ping Director

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