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Shanghai Milkground Food Tech Co (SHSE:600882) Cyclically Adjusted PB Ratio : 5.84 (As of Jun. 04, 2025)


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What is Shanghai Milkground Food Tech Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Shanghai Milkground Food Tech Co's current share price is ¥32.47. Shanghai Milkground Food Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.56. Shanghai Milkground Food Tech Co's Cyclically Adjusted PB Ratio for today is 5.84.

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

SHSE:600882' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.29   Med: 4.13   Max: 24.53
Current: 5.2

During the past years, Shanghai Milkground Food Tech Co's highest Cyclically Adjusted PB Ratio was 24.53. The lowest was 2.29. And the median was 4.13.

SHSE:600882's Cyclically Adjusted PB Ratio is ranked worse than
88.06% of 1323 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs SHSE:600882: 5.20

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 Milkground Food Tech Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥8.772. 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 ¥5.56 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Milkground Food Tech Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Milkground Food Tech 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 Milkground Food Tech Co Cyclically Adjusted PB Ratio Chart

Shanghai Milkground Food Tech 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 18.18 14.79 7.00 3.22 3.30

Shanghai Milkground Food Tech 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 2.61 2.40 3.12 3.30 4.24

Competitive Comparison of Shanghai Milkground Food Tech Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Shanghai Milkground Food Tech 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 Milkground Food Tech Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Milkground Food Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Milkground Food Tech Co's Cyclically Adjusted PB Ratio falls into.


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Shanghai Milkground Food Tech 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 Milkground Food Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.47/5.56
=5.84

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

For example, Shanghai Milkground Food Tech 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)
=8.772/115.1156*115.1156
=8.772

Current CPI (Mar. 2025) = 115.1156.

Shanghai Milkground Food Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.358 99.500 3.885
201509 3.291 100.500 3.770
201512 2.693 100.600 3.082
201603 2.630 102.200 2.962
201606 2.598 101.400 2.949
201609 2.872 102.400 3.229
201612 2.905 102.600 3.259
201703 2.850 103.200 3.179
201706 2.820 103.100 3.149
201709 2.853 104.100 3.155
201712 2.880 104.500 3.173
201803 2.830 105.300 3.094
201806 2.914 104.900 3.198
201809 2.933 106.600 3.167
201812 2.997 106.500 3.239
201903 2.974 107.700 3.179
201906 3.027 107.700 3.235
201909 3.049 109.800 3.197
201912 3.092 111.200 3.201
202003 3.442 112.300 3.528
202006 3.563 110.400 3.715
202009 3.614 111.700 3.725
202012 3.629 111.500 3.747
202103 3.710 112.662 3.791
202106 11.170 111.769 11.504
202109 9.112 112.215 9.347
202112 8.740 113.108 8.895
202203 8.469 114.335 8.527
202206 8.698 114.558 8.740
202209 8.748 115.339 8.731
202212 8.627 115.116 8.627
202303 8.681 115.116 8.681
202306 8.746 114.558 8.789
202309 8.468 115.339 8.452
202312 9.227 114.781 9.254
202403 8.459 115.227 8.451
202406 8.552 114.781 8.577
202409 8.554 115.785 8.505
202412 8.611 114.893 8.628
202503 8.772 115.116 8.772

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 Milkground Food Tech Co  (SHSE:600882) 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 Milkground Food Tech Co Cyclically Adjusted PB Ratio Related Terms

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


Shanghai Milkground Food Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136
Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.
Executives
Xie Yi senior management
Ren Song Directors, senior managers
Guo Yong Lai senior management
Liu Da Yong senior management
Wang Yu Hong Supervisors
Liu Zong Shang Director
Hu Yan Chao senior management
Chai Xiu Director
Chen Yun Director
Bai Li Jun Director
Xu Wei Director

Shanghai Milkground Food Tech Co Headlines

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