GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Haohua Chemical Science & Technology Corp Ltd (SHSE:600378) » Definitions » Cyclically Adjusted PB Ratio

Haohua Chemical Science & Technology (SHSE:600378) Cyclically Adjusted PB Ratio : 3.49 (As of Jun. 05, 2025)


View and export this data going back to 2001. Start your Free Trial

What is Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Haohua Chemical Science & Technology's current share price is ¥24.13. Haohua Chemical Science & Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.91. Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio for today is 3.49.

The historical rank and industry rank for Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600378' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.16   Med: 5.9   Max: 15.94
Current: 3.48

During the past years, Haohua Chemical Science & Technology's highest Cyclically Adjusted PB Ratio was 15.94. The lowest was 3.16. And the median was 5.90.

SHSE:600378's Cyclically Adjusted PB Ratio is ranked worse than
76.98% of 1186 companies
in the Chemicals industry
Industry Median: 1.6 vs SHSE:600378: 3.48

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.

Haohua Chemical Science & Technology's adjusted book value per share data for the three months ended in Mar. 2025 was ¥13.423. 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 ¥6.91 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Haohua Chemical Science & Technology'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.

Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio Chart

Haohua Chemical Science & Technology 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 5.57 11.08 8.53 5.29 4.36

Haohua Chemical Science & Technology 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 5.55 4.74 4.99 4.36 3.85

Competitive Comparison of Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Haohua Chemical Science & Technology'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.


Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio falls into.


;
;

Haohua Chemical Science & Technology 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.

Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.13/6.91
=3.49

* 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.

Haohua Chemical Science & Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Haohua Chemical Science & Technology'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)
=13.423/115.1156*115.1156
=13.423

Current CPI (Mar. 2025) = 115.1156.

Haohua Chemical Science & Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.429 99.500 2.810
201509 2.438 100.500 2.793
201512 2.469 100.600 2.825
201603 2.473 102.200 2.786
201606 2.462 101.400 2.795
201609 2.470 102.400 2.777
201612 2.510 102.600 2.816
201703 2.525 103.200 2.817
201706 2.559 103.100 2.857
201709 2.573 104.100 2.845
201712 14.947 104.500 16.465
201803 2.695 105.300 2.946
201806 2.710 104.900 2.974
201809 0.977 106.600 1.055
201812 5.917 106.500 6.396
201903 5.925 107.700 6.333
201906 6.089 107.700 6.508
201909 6.547 109.800 6.864
201912 6.805 111.200 7.045
202003 6.596 112.300 6.761
202006 6.670 110.400 6.955
202009 6.835 111.700 7.044
202012 7.008 111.500 7.235
202103 7.184 112.662 7.340
202106 7.242 111.769 7.459
202109 7.513 112.215 7.707
202112 7.840 113.108 7.979
202203 8.105 114.335 8.160
202206 8.212 114.558 8.252
202209 8.531 115.339 8.514
202212 8.997 115.116 8.997
202303 9.266 115.116 9.266
202306 8.928 114.558 8.971
202309 9.138 115.339 9.120
202312 12.988 114.781 13.026
202403 9.523 115.227 9.514
202406 9.445 114.781 9.473
202409 11.233 115.785 11.168
202412 15.442 114.893 15.472
202503 13.423 115.116 13.423

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.


Haohua Chemical Science & Technology  (SHSE:600378) 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.


Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio Related Terms

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


Haohua Chemical Science & Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Xiaoying Road, Block A, Haohua Building, Chaoyang District, Beijing, CHN, 100101
Haohua Chemical Science & Technology Corp Ltd is a China-based company engaged in the manufacturing of chemicals and related products It specializes in catalysts, PSA technology and equipment, research, production and sales of synthetic linalool and industrial gases, chemical engineering design, and engineering contracting.

Haohua Chemical Science & Technology Headlines

No Headlines