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Qinghai Huading Industrial Co (SHSE:600243) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 01, 2025)


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What is Qinghai Huading Industrial Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Qinghai Huading Industrial Co's current share price is ¥3.16. Qinghai Huading Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.03. Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio for today is 1.04.

The historical rank and industry rank for Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600243' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.29   Max: 6.6
Current: 1.04

During the past years, Qinghai Huading Industrial Co's highest Cyclically Adjusted PB Ratio was 6.60. The lowest was 0.55. And the median was 1.29.

SHSE:600243's Cyclically Adjusted PB Ratio is ranked better than
70.48% of 2158 companies
in the Industrial Products industry
Industry Median: 2.01 vs SHSE:600243: 1.04

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.

Qinghai Huading Industrial Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.456. 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 ¥3.03 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinghai Huading Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qinghai Huading Industrial 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.

Qinghai Huading Industrial Co Cyclically Adjusted PB Ratio Chart

Qinghai Huading Industrial 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 0.76 1.27 1.20 1.46 1.20

Qinghai Huading Industrial 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 1.33 0.85 1.30 1.20 0.86

Competitive Comparison of Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Qinghai Huading Industrial 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.


Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio falls into.


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Qinghai Huading Industrial 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.

Qinghai Huading Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.16/3.03
=1.04

* 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.

Qinghai Huading Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Qinghai Huading Industrial 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)
=1.456/115.1156*115.1156
=1.456

Current CPI (Mar. 2025) = 115.1156.

Qinghai Huading Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.025 99.500 3.500
201509 1.631 100.500 1.868
201512 4.123 100.600 4.718
201603 4.072 102.200 4.587
201606 4.010 101.400 4.552
201609 3.984 102.400 4.479
201612 3.953 102.600 4.435
201703 4.074 103.200 4.544
201706 4.053 103.100 4.525
201709 4.023 104.100 4.449
201712 3.999 104.500 4.405
201803 3.931 105.300 4.297
201806 3.864 104.900 4.240
201809 3.787 106.600 4.090
201812 3.509 106.500 3.793
201903 3.425 107.700 3.661
201906 3.379 107.700 3.612
201909 3.321 109.800 3.482
201912 2.557 111.200 2.647
202003 2.468 112.300 2.530
202006 2.510 110.400 2.617
202009 2.568 111.700 2.647
202012 2.623 111.500 2.708
202103 2.586 112.662 2.642
202106 2.583 111.769 2.660
202109 2.598 112.215 2.665
202112 2.382 113.108 2.424
202203 2.399 114.335 2.415
202206 2.368 114.558 2.380
202209 2.341 115.339 2.336
202212 2.034 115.116 2.034
202303 1.999 115.116 1.999
202306 1.989 114.558 1.999
202309 1.970 115.339 1.966
202312 1.661 114.781 1.666
202403 1.643 115.227 1.641
202406 1.629 114.781 1.634
202409 1.620 115.785 1.611
202412 1.458 114.893 1.461
202503 1.456 115.116 1.456

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.


Qinghai Huading Industrial Co  (SHSE:600243) 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.


Qinghai Huading Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


Qinghai Huading Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 318, Qiyi Road, Qinghai Province, Xining, CHN, 810000
Qinghai Huading Industrial Co Ltd is a Chinese company engaged in the manufacture and sale of CNC horizontal lathe products, roll lathes, special railway lathes, and other machine tools.
Executives
Wang Feng Director
Yu Shi Guang Director
Li Yue Nan Supervisors
Liu Wen Zhong Director
Yang Yong Jun Director
Xiao Shan Peng senior management
Li Xiang Jun Director
Ma Xin Ping Supervisors
Wang Chun Mei Director
Yu Jian Guo Supervisors

Qinghai Huading Industrial Co Headlines

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