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Shanghai Yimin Commercial Group Co (SHSE:600824) Cyclically Adjusted PB Ratio : 1.84 (As of Jun. 04, 2025)


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What is Shanghai Yimin Commercial Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Shanghai Yimin Commercial Group Co's current share price is ¥4.31. Shanghai Yimin Commercial Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.34. Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio for today is 1.84.

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

SHSE:600824' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.92   Max: 9.79
Current: 1.82

During the past years, Shanghai Yimin Commercial Group Co's highest Cyclically Adjusted PB Ratio was 9.79. The lowest was 1.26. And the median was 1.92.

SHSE:600824's Cyclically Adjusted PB Ratio is ranked worse than
61.47% of 750 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs SHSE:600824: 1.82

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.

Shanghai Yimin Commercial Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.301. 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 ¥2.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Yimin Commercial Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Yimin Commercial 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.

Shanghai Yimin Commercial Group Co Cyclically Adjusted PB Ratio Chart

Shanghai Yimin Commercial 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 1.81 1.80 1.74 1.67 1.92

Shanghai Yimin Commercial 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 1.49 1.26 1.53 1.92 1.78

Competitive Comparison of Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Shanghai Yimin Commercial 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.


Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio falls into.


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Shanghai Yimin Commercial 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.

Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.31/2.34
=1.84

* 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.

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

For example, Shanghai Yimin Commercial 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)
=2.301/115.1156*115.1156
=2.301

Current CPI (Mar. 2025) = 115.1156.

Shanghai Yimin Commercial Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.767 99.500 2.044
201509 1.814 100.500 2.078
201512 1.855 100.600 2.123
201603 1.899 102.200 2.139
201606 1.889 101.400 2.145
201609 1.929 102.400 2.169
201612 1.942 102.600 2.179
201703 1.990 103.200 2.220
201706 1.994 103.100 2.226
201709 2.036 104.100 2.251
201712 2.032 104.500 2.238
201803 2.080 105.300 2.274
201806 2.082 104.900 2.285
201809 2.107 106.600 2.275
201812 2.298 106.500 2.484
201903 2.333 107.700 2.494
201906 2.319 107.700 2.479
201909 2.335 109.800 2.448
201912 2.349 111.200 2.432
202003 2.352 112.300 2.411
202006 2.334 110.400 2.434
202009 2.354 111.700 2.426
202012 2.491 111.500 2.572
202103 2.529 112.662 2.584
202106 2.508 111.769 2.583
202109 2.532 112.215 2.597
202112 2.528 113.108 2.573
202203 2.563 114.335 2.581
202206 2.509 114.558 2.521
202209 2.499 115.339 2.494
202212 2.218 115.116 2.218
202303 2.253 115.116 2.253
202306 2.267 114.558 2.278
202309 2.289 115.339 2.285
202312 2.272 114.781 2.279
202403 2.302 115.227 2.300
202406 2.295 114.781 2.302
202409 2.289 115.785 2.276
202412 2.288 114.893 2.292
202503 2.301 115.116 2.301

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.


Shanghai Yimin Commercial Group Co  (SHSE:600824) 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.


Shanghai Yimin Commercial Group Co Cyclically Adjusted PB Ratio Related Terms

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Shanghai Yimin Commercial Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 809A Huaihai Middle Road, Shanghai, Shanghai, CHN, 200020
Shanghai Yimin Commercial Group Co Ltd engages in a variety of commercial business. Its main business areas include commercial chain development, commercial real estate operations, quasi-financial services, and equity investment cooperation. The company mainly operates businesses in Shanghai.
Executives
Du Ai Wu Director
Huang Wen Qian Supervisors
Shao Zhen Yao Director

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