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Baoji Titanium Industry Co (SHSE:600456) Cyclically Adjusted PB Ratio : 2.73 (As of Jun. 04, 2025)


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What is Baoji Titanium Industry Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Baoji Titanium Industry Co's current share price is ¥29.69. Baoji Titanium Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥10.86. Baoji Titanium Industry Co's Cyclically Adjusted PB Ratio for today is 2.73.

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

SHSE:600456' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.66   Max: 7.56
Current: 2.7

During the past years, Baoji Titanium Industry Co's highest Cyclically Adjusted PB Ratio was 7.56. The lowest was 1.39. And the median was 2.66.

SHSE:600456's Cyclically Adjusted PB Ratio is ranked worse than
76.73% of 1543 companies
in the Metals & Mining industry
Industry Median: 0.98 vs SHSE:600456: 2.70

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.

Baoji Titanium Industry Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥14.732. 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 ¥10.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baoji Titanium Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baoji Titanium Industry 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.

Baoji Titanium Industry Co Cyclically Adjusted PB Ratio Chart

Baoji Titanium Industry 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 5.69 7.55 4.11 3.06 2.66

Baoji Titanium Industry 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 2.66 2.44 2.92 2.66 3.05

Competitive Comparison of Baoji Titanium Industry Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Baoji Titanium Industry 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.


Baoji Titanium Industry Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baoji Titanium Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Baoji Titanium Industry Co's Cyclically Adjusted PB Ratio falls into.


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Baoji Titanium Industry 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.

Baoji Titanium Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.69/10.86
=2.73

* 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.

Baoji Titanium Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Baoji Titanium Industry 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)
=14.732/115.1156*115.1156
=14.732

Current CPI (Mar. 2025) = 115.1156.

Baoji Titanium Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.242 99.500 9.536
201509 8.150 100.500 9.335
201512 7.926 100.600 9.070
201603 7.811 102.200 8.798
201606 7.666 101.400 8.703
201609 7.605 102.400 8.549
201612 7.961 102.600 8.932
201703 7.878 103.200 8.788
201706 7.790 103.100 8.698
201709 7.848 104.100 8.678
201712 7.960 104.500 8.769
201803 7.943 105.300 8.683
201806 7.989 104.900 8.767
201809 8.135 106.600 8.785
201812 8.221 106.500 8.886
201903 8.309 107.700 8.881
201906 8.396 107.700 8.974
201909 8.534 109.800 8.947
201912 8.679 111.200 8.985
202003 8.779 112.300 8.999
202006 8.814 110.400 9.190
202009 9.041 111.700 9.317
202012 9.322 111.500 9.624
202103 12.718 112.662 12.995
202106 12.047 111.769 12.408
202109 12.451 112.215 12.773
202112 12.639 113.108 12.863
202203 13.044 114.335 13.133
202206 12.538 114.558 12.599
202209 12.855 115.339 12.830
202212 12.961 115.116 12.961
202303 13.251 115.116 13.251
202306 13.316 114.558 13.381
202309 13.674 115.339 13.648
202312 13.677 114.781 13.717
202403 14.018 115.227 14.004
202406 14.183 114.781 14.224
202409 14.424 115.785 14.341
202412 14.557 114.893 14.585
202503 14.732 115.116 14.732

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.


Baoji Titanium Industry Co  (SHSE:600456) 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.


Baoji Titanium Industry Co Cyclically Adjusted PB Ratio Related Terms

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Baoji Titanium Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Taicheng Road, Baoji, Shanxi, CHN, 721014
Baoji Titanium Industry Co Ltd is a China-based company engaged in the production of titanium and titanium alloys. Its products include billets, bars, rods, wires, discs, rings, ingots, sheets and plates, forgings, slabs, wires, castings, and rare metals. Its products are used in aerospace, aviation, shipbuilding, fossil fuels, and medical industries.

Baoji Titanium Industry Co Headlines

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