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Wanhua Chemical Group Co (SHSE:600309) Cyclically Adjusted PB Ratio : 3.25 (As of Jun. 04, 2025)


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What is Wanhua Chemical Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Wanhua Chemical Group Co's current share price is ¥54.42. Wanhua Chemical Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥16.73. Wanhua Chemical Group Co's Cyclically Adjusted PB Ratio for today is 3.25.

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

SHSE:600309' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.24   Med: 7.72   Max: 18.95
Current: 3.24

During the past years, Wanhua Chemical Group Co's highest Cyclically Adjusted PB Ratio was 18.95. The lowest was 3.24. And the median was 7.72.

SHSE:600309's Cyclically Adjusted PB Ratio is ranked worse than
75.13% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs SHSE:600309: 3.24

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.

Wanhua Chemical Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥31.311. 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 ¥16.73 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wanhua Chemical Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wanhua Chemical Group 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.

Wanhua Chemical Group Co Cyclically Adjusted PB Ratio Chart

Wanhua Chemical Group 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 12.29 11.04 8.19 5.68 4.45

Wanhua Chemical Group 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 5.83 5.48 5.88 4.45 4.02

Competitive Comparison of Wanhua Chemical Group Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Wanhua Chemical Group 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.


Wanhua Chemical Group Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Wanhua Chemical Group Co's Cyclically Adjusted PB Ratio falls into.


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Wanhua Chemical Group 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.

Wanhua Chemical Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.42/16.73
=3.25

* 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.

Wanhua Chemical Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Wanhua Chemical Group 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)
=31.311/115.1156*115.1156
=31.311

Current CPI (Mar. 2025) = 115.1156.

Wanhua Chemical Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.224 99.500 4.887
201509 4.386 100.500 5.024
201512 4.459 100.600 5.102
201603 4.463 102.200 5.027
201606 4.820 101.400 5.472
201609 5.257 102.400 5.910
201612 5.712 102.600 6.409
201703 7.126 103.200 7.949
201706 7.684 103.100 8.580
201709 8.765 104.100 9.692
201712 9.978 104.500 10.992
201803 9.771 105.300 10.682
201806 11.014 104.900 12.087
201809 11.756 106.600 12.695
201812 14.031 106.500 15.166
201903 13.050 107.700 13.949
201906 12.086 107.700 12.918
201909 12.849 109.800 13.471
201912 13.493 111.200 13.968
202003 13.922 112.300 14.271
202006 13.156 110.400 13.718
202009 13.997 111.700 14.425
202012 15.536 111.500 16.040
202103 17.485 112.662 17.866
202106 18.413 111.769 18.964
202109 20.383 112.215 20.910
202112 21.817 113.108 22.204
202203 23.498 114.335 23.658
202206 22.533 114.558 22.643
202209 23.577 115.339 23.531
202212 24.475 115.116 24.475
202303 25.778 115.116 25.778
202306 25.792 114.558 25.918
202309 26.834 115.339 26.782
202312 28.237 114.781 28.319
202403 29.430 115.227 29.402
202406 29.137 114.781 29.222
202409 29.684 115.785 29.512
202412 30.138 114.893 30.197
202503 31.311 115.116 31.311

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.


Wanhua Chemical Group Co  (SHSE:600309) 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.


Wanhua Chemical Group Co Cyclically Adjusted PB Ratio Related Terms

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


Wanhua Chemical Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Sanya Road, Economic and Technological Development Zone, Yantai, CHN, 264006
Wanhua Chemical Group Co Ltd is engaged in the development, production and sales of polyurethane and additives, isocyanate and derivative products; the sales of liquefied petroleum gas, propylene, acrylic acid and other petrochemical products.
Executives
Wang Jian Bo Supervisors
Yang Wan Hong senior management

Wanhua Chemical Group Co Headlines

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