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Bluestar Adisseo Co (SHSE:600299) Cyclically Adjusted PB Ratio : 1.96 (As of May. 22, 2024)


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What is Bluestar Adisseo Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Bluestar Adisseo Co's current share price is ¥10.01. Bluestar Adisseo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.11. Bluestar Adisseo Co's Cyclically Adjusted PB Ratio for today is 1.96.

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

SHSE:600299' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.33   Max: 6.34
Current: 2

During the past years, Bluestar Adisseo Co's highest Cyclically Adjusted PB Ratio was 6.34. The lowest was 0.81. And the median was 2.33.

SHSE:600299's Cyclically Adjusted PB Ratio is ranked worse than
56.54% of 1086 companies
in the Chemicals industry
Industry Median: 1.66 vs SHSE:600299: 2.00

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.

Bluestar Adisseo Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥5.630. 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 ¥5.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bluestar Adisseo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bluestar Adisseo 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.

Bluestar Adisseo Co Cyclically Adjusted PB Ratio Chart

Bluestar Adisseo Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.43 2.65 1.75 1.61

Bluestar Adisseo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.85 1.66 1.68 1.61 1.69

Competitive Comparison of Bluestar Adisseo Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Bluestar Adisseo 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.


Bluestar Adisseo Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bluestar Adisseo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bluestar Adisseo Co's Cyclically Adjusted PB Ratio falls into.



Bluestar Adisseo 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.

Bluestar Adisseo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.01/5.11
=1.96

* 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.

Bluestar Adisseo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bluestar Adisseo Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.63/115.2271*115.2271
=5.630

Current CPI (Mar. 2024) = 115.2271.

Bluestar Adisseo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.522 98.200 0.613
201409 0.246 98.900 0.287
201412 14.607 99.000 17.001
201503 1.526 99.900 1.760
201506 0.508 99.500 0.588
201509 3.451 100.500 3.957
201512 3.799 100.600 4.351
201603 4.103 102.200 4.626
201606 4.236 101.400 4.814
201609 4.434 102.400 4.989
201612 4.503 102.600 5.057
201703 4.641 103.200 5.182
201706 4.624 103.100 5.168
201709 4.763 104.100 5.272
201712 4.909 104.500 5.413
201803 5.008 105.300 5.480
201806 4.854 104.900 5.332
201809 5.043 106.600 5.451
201812 5.072 106.500 5.488
201903 5.056 107.700 5.409
201906 5.075 107.700 5.430
201909 5.157 109.800 5.412
201912 5.145 111.200 5.331
202003 5.253 112.300 5.390
202006 4.947 110.400 5.163
202009 5.108 111.700 5.269
202012 5.203 111.500 5.377
202103 5.189 112.662 5.307
202106 5.160 111.769 5.320
202109 5.257 112.215 5.398
202112 5.255 113.108 5.353
202203 5.259 114.335 5.300
202206 5.224 114.558 5.255
202209 5.343 115.339 5.338
202212 5.568 115.116 5.573
202303 5.592 115.116 5.597
202306 5.614 114.558 5.647
202309 5.468 115.339 5.463
202312 5.607 114.781 5.629
202403 5.630 115.227 5.630

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.


Bluestar Adisseo Co  (SHSE:600299) 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.


Bluestar Adisseo Co Cyclically Adjusted PB Ratio Related Terms

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Bluestar Adisseo Co (SHSE:600299) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Beitucheng West Road, Chaoyang District, Beijing, CHN, 100029
Bluestar Adisseo Co is a China-based company engaged in the business of development, production, and sale of animal nutrition additives. Its products are Roddy US, Michael dimensional, ROVABIO, Hillier selenium, AdiSodium, and others. In addition, it also provides the customers with services such as Precision Nutrition Analysis service, Liquid Addition Solution, and E-lab service. The company's products are sold in China and other international countries.

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