GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shanghai Shyndec Pharmaceutical Co Ltd (SHSE:600420) » Definitions » Cyclically Adjusted PB Ratio

Shanghai Shyndec Pharmaceutical Co (SHSE:600420) Cyclically Adjusted PB Ratio : 1.44 (As of Jun. 05, 2025)


View and export this data going back to 2004. Start your Free Trial

What is Shanghai Shyndec Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Shanghai Shyndec Pharmaceutical Co's current share price is ¥10.75. Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥7.48. Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.44.

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

SHSE:600420' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.46   Max: 21.12
Current: 1.44

During the past years, Shanghai Shyndec Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 21.12. The lowest was 1.27. And the median was 2.46.

SHSE:600420's Cyclically Adjusted PB Ratio is ranked better than
61.88% of 703 companies
in the Drug Manufacturers industry
Industry Median: 1.97 vs SHSE:600420: 1.44

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.

Shanghai Shyndec Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥10.115. 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 ¥7.48 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Shyndec Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Shyndec Pharmaceutical 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.

Shanghai Shyndec Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Shanghai Shyndec Pharmaceutical 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 2.21 2.06 1.56 1.50 1.64

Shanghai Shyndec Pharmaceutical 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 1.55 1.83 1.64 1.42

Competitive Comparison of Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Shanghai Shyndec Pharmaceutical 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.


Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


;
;

Shanghai Shyndec Pharmaceutical 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.

Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.75/7.48
=1.44

* 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.

Shanghai Shyndec Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shanghai Shyndec Pharmaceutical 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)
=10.115/115.1156*115.1156
=10.115

Current CPI (Mar. 2025) = 115.1156.

Shanghai Shyndec Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.140 99.500 2.476
201509 2.171 100.500 2.487
201512 6.741 100.600 7.714
201603 2.374 102.200 2.674
201606 2.438 101.400 2.768
201609 2.474 102.400 2.781
201612 9.912 102.600 11.121
201703 5.280 103.200 5.890
201706 5.328 103.100 5.949
201709 5.412 104.100 5.985
201712 5.563 104.500 6.128
201803 5.719 105.300 6.252
201806 5.885 104.900 6.458
201809 6.290 106.600 6.792
201812 6.444 106.500 6.965
201903 6.619 107.700 7.075
201906 6.940 107.700 7.418
201909 7.338 109.800 7.693
201912 7.388 111.200 7.648
202003 7.520 112.300 7.709
202006 7.607 110.400 7.932
202009 7.904 111.700 8.146
202012 7.918 111.500 8.175
202103 8.133 112.662 8.310
202106 8.230 111.769 8.476
202109 8.429 112.215 8.647
202112 8.367 113.108 8.516
202203 8.442 114.335 8.500
202206 8.486 114.558 8.527
202209 8.683 115.339 8.666
202212 10.035 115.116 10.035
202303 8.945 115.116 8.945
202306 8.978 114.558 9.022
202309 9.141 115.339 9.123
202312 9.237 114.781 9.264
202403 9.484 115.227 9.475
202406 9.673 114.781 9.701
202409 9.749 115.785 9.693
202412 9.845 114.893 9.864
202503 10.115 115.116 10.115

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.


Shanghai Shyndec Pharmaceutical Co  (SHSE:600420) 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.


Shanghai Shyndec Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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


Shanghai Shyndec Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No.1320 Beijinxi Road, Shanghai, CHN, 200040
Shanghai Shyndec Pharmaceutical Co Ltd engages in the research, development, production, and sale of pharmaceutical preparations, biological pharmaceuticals, chemical raw materials, and Chinese medicine formulations in China and internationally. It provides biological and chemical raw material medicines, microbial fermentation products and tablets, capsules, granules, injections, suspensions, and suppositories, as well as ointments, including product formulations.
Executives
Li Hao senior management
Ni Feng Director
Li Xian Lin senior management
Hao Chao Feng senior management
Lian Wan Yong Director
Han Yan Lin Director
Yang Wen Ming Supervisors
Feng Ming Director

Shanghai Shyndec Pharmaceutical Co Headlines

No Headlines