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BAIC BluePark New Energy Technology Co (SHSE:600733) Cyclically Adjusted PB Ratio : 3.30 (As of Jan. 18, 2025)


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What is BAIC BluePark New Energy Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), BAIC BluePark New Energy Technology Co's current share price is ¥7.96. BAIC BluePark New Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥2.41. BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio for today is 3.30.

The historical rank and industry rank for BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600733' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 6.46   Max: 52.49
Current: 3.3

During the past years, BAIC BluePark New Energy Technology Co's highest Cyclically Adjusted PB Ratio was 52.49. The lowest was 1.74. And the median was 6.46.

SHSE:600733's Cyclically Adjusted PB Ratio is ranked worse than
74.66% of 888 companies
in the Vehicles & Parts industry
Industry Median: 1.505 vs SHSE:600733: 3.30

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.

BAIC BluePark New Energy Technology Co's adjusted book value per share data for the three months ended in Sep. 2024 was ¥0.322. 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 ¥2.41 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BAIC BluePark New Energy Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BAIC BluePark New Energy Technology 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.

BAIC BluePark New Energy Technology Co Cyclically Adjusted PB Ratio Chart

BAIC BluePark New Energy Technology 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 4.17 4.85 4.83 2.61 2.59

BAIC BluePark New Energy Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.23 2.59 3.15 3.38 3.34

Competitive Comparison of BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, BAIC BluePark New Energy Technology 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.


BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio falls into.



BAIC BluePark New Energy Technology 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.

BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.96/2.41
=3.30

* 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.

BAIC BluePark New Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, BAIC BluePark New Energy Technology Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.322/115.7848*115.7848
=0.322

Current CPI (Sep. 2024) = 115.7848.

BAIC BluePark New Energy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.240 99.000 0.281
201503 0.293 99.900 0.340
201506 0.291 99.500 0.339
201509 0.289 100.500 0.333
201512 0.210 100.600 0.242
201603 0.208 102.200 0.236
201606 0.206 101.400 0.235
201609 0.204 102.400 0.231
201612 0.178 102.600 0.201
201703 0.179 103.200 0.201
201706 0.177 103.100 0.199
201709 0.179 104.100 0.199
201712 15.721 104.500 17.419
201803 0.183 105.300 0.201
201806 0.268 104.900 0.296
201809 4.839 106.600 5.256
201812 4.937 106.500 5.367
201903 4.960 107.700 5.332
201906 4.977 107.700 5.351
201909 4.873 109.800 5.139
201912 4.976 111.200 5.181
202003 4.855 112.300 5.006
202006 4.448 110.400 4.665
202009 4.155 111.700 4.307
202012 3.126 111.500 3.246
202103 2.348 112.662 2.413
202106 3.396 111.769 3.518
202109 3.201 112.215 3.303
202112 2.594 113.108 2.655
202203 2.371 114.335 2.401
202206 2.089 114.558 2.111
202209 1.782 115.339 1.789
202212 1.322 115.116 1.330
202303 0.850 115.116 0.855
202306 1.742 114.558 1.761
202309 1.513 115.339 1.519
202312 1.129 114.781 1.139
202403 0.945 115.227 0.950
202406 0.667 114.781 0.673
202409 0.322 115.785 0.322

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.


BAIC BluePark New Energy Technology Co  (SHSE:600733) 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.


BAIC BluePark New Energy Technology Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of BAIC BluePark New Energy Technology Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BAIC BluePark New Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Donghuan Middle Road, Building 12, Economic and Technological Development Zone, Beijing, CHN, 100176
BAIC BluePark New Energy Technology Co Ltd is engaged in the Research and development, production, sales and service of new energy-pure electric vehicles and core components.
Executives
Wang Jian Ming Supervisors
Zhang Xian Director

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