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Fujian Dongbai (Group) Co (SHSE:600693) Cyclically Adjusted PB Ratio : 1.94 (As of Jun. 05, 2025)


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What is Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Fujian Dongbai (Group) Co's current share price is ¥6.31. Fujian Dongbai (Group) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.25. Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio for today is 1.94.

The historical rank and industry rank for Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600693' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.36   Max: 9.34
Current: 1.94

During the past years, Fujian Dongbai (Group) Co's highest Cyclically Adjusted PB Ratio was 9.34. The lowest was 0.90. And the median was 2.36.

SHSE:600693's Cyclically Adjusted PB Ratio is ranked worse than
63.25% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs SHSE:600693: 1.94

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.

Fujian Dongbai (Group) Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.087. 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 ¥3.25 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujian Dongbai (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.

Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio Chart

Fujian Dongbai (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 1.89 1.60 1.75 1.34 2.19

Fujian Dongbai (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 1.14 0.91 1.10 2.19 1.90

Competitive Comparison of Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Fujian Dongbai (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.


Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio falls into.


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Fujian Dongbai (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.

Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.31/3.25
=1.94

* 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.

Fujian Dongbai (Group) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Fujian Dongbai (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)
=4.087/115.1156*115.1156
=4.087

Current CPI (Mar. 2025) = 115.1156.

Fujian Dongbai (Group) Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.014 99.500 2.330
201509 2.010 100.500 2.302
201512 2.018 100.600 2.309
201603 2.043 102.200 2.301
201606 2.029 101.400 2.303
201609 2.027 102.400 2.279
201612 2.130 102.600 2.390
201703 2.164 103.200 2.414
201706 2.234 103.100 2.494
201709 2.284 104.100 2.526
201712 2.405 104.500 2.649
201803 2.422 105.300 2.648
201806 2.328 104.900 2.555
201809 2.333 106.600 2.519
201812 2.584 106.500 2.793
201903 2.615 107.700 2.795
201906 2.519 107.700 2.692
201909 2.680 109.800 2.810
201912 3.795 111.200 3.929
202003 2.804 112.300 2.874
202006 2.953 110.400 3.079
202009 2.957 111.700 3.047
202012 3.665 111.500 3.784
202103 3.774 112.662 3.856
202106 3.819 111.769 3.933
202109 3.824 112.215 3.923
202112 3.825 113.108 3.893
202203 3.858 114.335 3.884
202206 3.935 114.558 3.954
202209 4.067 115.339 4.059
202212 4.022 115.116 4.022
202303 4.059 115.116 4.059
202306 4.050 114.558 4.070
202309 4.052 115.339 4.044
202312 4.010 114.781 4.022
202403 4.054 115.227 4.050
202406 4.085 114.781 4.097
202409 4.053 115.785 4.030
202412 4.041 114.893 4.049
202503 4.087 115.116 4.087

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.


Fujian Dongbai (Group) Co  (SHSE:600693) 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.


Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio Related Terms

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


Fujian Dongbai (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 84 Bayiqi North Road, Fuzhou, Fujian, CHN, 350001
Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories. Geographically the activities are carried out through China.
Executives
Shi Xia Director
Liu Yi Director
Wang Xiang Hong Supervisors
Wei Li Ping Director
Li Peng senior management
Song Ke Jun Director
Xue Jian senior management
Bi De Cai Director
Yu Yi Hong Director
Shi Min Xiu Supervisors
Wang Jin Rong Supervisors

Fujian Dongbai (Group) Co Headlines

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