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Zhonglu Co (SHSE:600818) Cyclically Adjusted PB Ratio : 5.60 (As of Jun. 04, 2025)


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What is Zhonglu Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Zhonglu Co's current share price is ¥10.97. Zhonglu Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.96. Zhonglu Co's Cyclically Adjusted PB Ratio for today is 5.60.

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

SHSE:600818' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.03   Med: 8.59   Max: 58.03
Current: 5.52

During the past years, Zhonglu Co's highest Cyclically Adjusted PB Ratio was 58.03. The lowest was 4.03. And the median was 8.59.

SHSE:600818's Cyclically Adjusted PB Ratio is ranked worse than
87.79% of 614 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs SHSE:600818: 5.52

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.

Zhonglu Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.823. 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 ¥1.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhonglu Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhonglu 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.

Zhonglu Co Cyclically Adjusted PB Ratio Chart

Zhonglu 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 4.74 4.91 14.62 6.32 5.93

Zhonglu 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 11.47 7.27 7.99 5.93 5.90

Competitive Comparison of Zhonglu Co's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Zhonglu 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.


Zhonglu Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Zhonglu Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zhonglu 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.

Zhonglu Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.97/1.96
=5.60

* 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.

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

For example, Zhonglu 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)
=1.823/115.1156*115.1156
=1.823

Current CPI (Mar. 2025) = 115.1156.

Zhonglu Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.283 99.500 1.484
201509 1.411 100.500 1.616
201512 1.520 100.600 1.739
201603 1.442 102.200 1.624
201606 1.509 101.400 1.713
201609 1.677 102.400 1.885
201612 1.835 102.600 2.059
201703 1.958 103.200 2.184
201706 2.035 103.100 2.272
201709 2.041 104.100 2.257
201712 2.089 104.500 2.301
201803 1.947 105.300 2.128
201806 1.954 104.900 2.144
201809 1.996 106.600 2.155
201812 1.921 106.500 2.076
201903 1.980 107.700 2.116
201906 1.835 107.700 1.961
201909 1.850 109.800 1.940
201912 1.769 111.200 1.831
202003 1.830 112.300 1.876
202006 1.790 110.400 1.866
202009 1.810 111.700 1.865
202012 2.008 111.500 2.073
202103 2.012 112.662 2.056
202106 2.072 111.769 2.134
202109 2.080 112.215 2.134
202112 2.123 113.108 2.161
202203 2.126 114.335 2.141
202206 2.095 114.558 2.105
202209 2.141 115.339 2.137
202212 1.820 115.116 1.820
202303 1.826 115.116 1.826
202306 1.844 114.558 1.853
202309 1.766 115.339 1.763
202312 1.895 114.781 1.901
202403 1.877 115.227 1.875
202406 1.903 114.781 1.909
202409 1.904 115.785 1.893
202412 1.833 114.893 1.837
202503 1.823 115.116 1.823

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.


Zhonglu Co  (SHSE:600818) 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.


Zhonglu Co Cyclically Adjusted PB Ratio Related Terms

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


Zhonglu Co Business Description

Traded in Other Exchanges
Address
Pudong New Area, South Highway 6, 818, Shanghai, CHN
Zhonglu Co Ltd is engaged in the manufacture and sales of bicycles in China. Its products include bicycles, electric bikes, tricycles, and children bikes. It also offers additional products such as recreation and sports equipment, bowling equipment, automatic chess and card board, and plastic runway. It distributes its products within domestic market and to overseas markets.

Zhonglu Co Headlines

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