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Beh-Property Co (SHSE:600791) Cyclically Adjusted PB Ratio : 0.92 (As of May. 09, 2025)


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What is Beh-Property Co Cyclically Adjusted PB Ratio?

As of today (2025-05-09), Beh-Property Co's current share price is ¥4.27. Beh-Property Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.64. Beh-Property Co's Cyclically Adjusted PB Ratio for today is 0.92.

The historical rank and industry rank for Beh-Property Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600791' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.16   Max: 7.83
Current: 0.91

During the past years, Beh-Property Co's highest Cyclically Adjusted PB Ratio was 7.83. The lowest was 0.64. And the median was 1.16.

SHSE:600791's Cyclically Adjusted PB Ratio is ranked worse than
62.77% of 1292 companies
in the Real Estate industry
Industry Median: 0.655 vs SHSE:600791: 0.91

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.

Beh-Property Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥5.684. 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 ¥4.64 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beh-Property Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beh-Property 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.

Beh-Property Co Cyclically Adjusted PB Ratio Chart

Beh-Property 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 1.37 1.01 1.06 1.02 0.90

Beh-Property 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 0.82 0.68 0.92 0.90 0.85

Competitive Comparison of Beh-Property Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Beh-Property 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.


Beh-Property Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beh-Property Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beh-Property Co's Cyclically Adjusted PB Ratio falls into.


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Beh-Property 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.

Beh-Property Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.27/4.64
=0.92

* 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.

Beh-Property Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Beh-Property 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)
=5.684/115.1156*115.1156
=5.684

Current CPI (Mar. 2025) = 115.1156.

Beh-Property Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.215 99.500 3.720
201509 3.272 100.500 3.748
201512 3.316 100.600 3.794
201603 3.319 102.200 3.738
201606 3.374 101.400 3.830
201609 3.357 102.400 3.774
201612 3.396 102.600 3.810
201703 3.410 103.200 3.804
201706 3.388 103.100 3.783
201709 3.518 104.100 3.890
201712 3.564 104.500 3.926
201803 3.570 105.300 3.903
201806 3.565 104.900 3.912
201809 3.721 106.600 4.018
201812 3.734 106.500 4.036
201903 3.670 107.700 3.923
201906 3.783 107.700 4.043
201909 3.772 109.800 3.955
201912 5.251 111.200 5.436
202003 5.209 112.300 5.340
202006 4.996 110.400 5.209
202009 4.911 111.700 5.061
202012 5.453 111.500 5.630
202103 4.675 112.662 4.777
202106 4.513 111.769 4.648
202109 4.426 112.215 4.540
202112 5.589 113.108 5.688
202203 9.034 114.335 9.096
202206 8.067 114.558 8.106
202209 7.900 115.339 7.885
202212 8.014 115.116 8.014
202303 7.838 115.116 7.838
202306 7.613 114.558 7.650
202309 5.490 115.339 5.479
202312 3.515 114.781 3.525
202403 1.610 115.227 1.608
202406 1.606 114.781 1.611
202409 1.514 115.785 1.505
202412 1.505 114.893 1.508
202503 5.684 115.116 5.684

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.


Beh-Property Co  (SHSE:600791) 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.


Beh-Property Co Cyclically Adjusted PB Ratio Related Terms

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


Beh-Property Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Fuxingmen South Street, 8th Floor, A West, Jiatianyin Building, Xicheng District, Beijing, CHN, 100080
Beh-Property Co Ltd is engaged in real estate development business. The company's project profile includes Tianchuang Shiyuan Residential Quarter, Guodian Huayuan, Guodian Building and Tianchuang, and others.

Beh-Property Co Headlines

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