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Hunan Haili Chemical Industry Co (SHSE:600731) Cyclically Adjusted PB Ratio : 1.59 (As of Sep. 21, 2024)


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What is Hunan Haili Chemical Industry Co Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Hunan Haili Chemical Industry Co's current share price is ¥4.84. Hunan Haili Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ¥3.05. Hunan Haili Chemical Industry Co's Cyclically Adjusted PB Ratio for today is 1.59.

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

SHSE:600731' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 3.5   Max: 8.73
Current: 1.59

During the past years, Hunan Haili Chemical Industry Co's highest Cyclically Adjusted PB Ratio was 8.73. The lowest was 1.39. And the median was 3.50.

SHSE:600731's Cyclically Adjusted PB Ratio is ranked worse than
52.69% of 167 companies
in the Agriculture industry
Industry Median: 1.29 vs SHSE:600731: 1.59

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.

Hunan Haili Chemical Industry Co's adjusted book value per share data for the three months ended in Jun. 2024 was ¥5.363. 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 ¥3.05 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan Haili Chemical Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hunan Haili Chemical 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.

Hunan Haili Chemical Industry Co Cyclically Adjusted PB Ratio Chart

Hunan Haili Chemical Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 3.15 3.88 2.94 2.27

Hunan Haili Chemical Industry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.87 2.35 2.27 1.97 1.51

Competitive Comparison of Hunan Haili Chemical Industry Co's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Hunan Haili Chemical 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.


Hunan Haili Chemical Industry Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hunan Haili Chemical Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hunan Haili Chemical Industry Co's Cyclically Adjusted PB Ratio falls into.



Hunan Haili Chemical 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.

Hunan Haili Chemical Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.84/3.05
=1.59

* 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.

Hunan Haili Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Hunan Haili Chemical Industry Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.363/114.7809*114.7809
=5.363

Current CPI (Jun. 2024) = 114.7809.

Hunan Haili Chemical Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.680 98.900 1.950
201412 1.706 99.000 1.978
201503 1.715 99.900 1.970
201506 1.736 99.500 2.003
201509 1.719 100.500 1.963
201512 1.738 100.600 1.983
201603 1.747 102.200 1.962
201606 1.773 101.400 2.007
201609 1.750 102.400 1.962
201612 1.773 102.600 1.983
201703 1.790 103.200 1.991
201706 1.809 103.100 2.014
201709 1.816 104.100 2.002
201712 1.874 104.500 2.058
201803 2.183 105.300 2.380
201806 2.206 104.900 2.414
201809 2.187 106.600 2.355
201812 2.278 106.500 2.455
201903 2.350 107.700 2.505
201906 2.339 107.700 2.493
201909 2.450 109.800 2.561
201912 2.498 111.200 2.578
202003 2.633 112.300 2.691
202006 2.796 110.400 2.907
202009 2.937 111.700 3.018
202012 3.225 111.500 3.320
202103 3.252 112.662 3.313
202106 3.438 111.769 3.531
202109 3.575 112.215 3.657
202112 3.722 113.108 3.777
202203 3.833 114.335 3.848
202206 4.088 114.558 4.096
202209 4.328 115.339 4.307
202212 4.430 115.116 4.417
202303 5.045 115.116 5.030
202306 5.186 114.558 5.196
202309 5.329 115.339 5.303
202312 5.378 114.781 5.378
202403 5.398 115.227 5.377
202406 5.363 114.781 5.363

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.


Hunan Haili Chemical Industry Co  (SHSE:600731) 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.


Hunan Haili Chemical Industry Co Cyclically Adjusted PB Ratio Related Terms

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


Hunan Haili Chemical Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 251, Section 2, Furong Middle Road, Hunan, Changsha, CHN, 410007
Hunan Haili Chemical Industry Co Ltd is involved in the research and development and production of pesticides. It is primarily involved in the research, development, manufacture and trade of pesticides and fine chemicals, transportation of dangerous chemicals and engineering of chemical plants.
Executives
Jiang Zhuo Liang Director
Zhang Fu Shan Supervisors
He Xiang Ying Supervisors
Wang Xiao Guang Director

Hunan Haili Chemical Industry Co Headlines

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