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Daqin Railway Co (SHSE:601006) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 04, 2025)


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What is Daqin Railway Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Daqin Railway Co's current share price is ¥6.66. Daqin Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥7.89. Daqin Railway Co's Cyclically Adjusted PB Ratio for today is 0.84.

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

SHSE:601006' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.1   Max: 3.36
Current: 0.86

During the past years, Daqin Railway Co's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 0.76. And the median was 1.10.

SHSE:601006's Cyclically Adjusted PB Ratio is ranked better than
65.13% of 717 companies
in the Transportation industry
Industry Median: 1.25 vs SHSE:601006: 0.86

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.

Daqin Railway Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥8.205. 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 ¥7.89 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daqin Railway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daqin Railway 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.

Daqin Railway Co Cyclically Adjusted PB Ratio Chart

Daqin Railway 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 0.99 0.92 0.91 0.95 0.86

Daqin Railway 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 0.95 0.92 0.87 0.86 0.83

Competitive Comparison of Daqin Railway Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Daqin Railway 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.


Daqin Railway Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Daqin Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Daqin Railway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.66/7.89
=0.84

* 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.

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

For example, Daqin Railway 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)
=8.205/115.1156*115.1156
=8.205

Current CPI (Mar. 2025) = 115.1156.

Daqin Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.650 99.500 6.537
201509 5.909 100.500 6.768
201512 5.994 100.600 6.859
201603 6.132 102.200 6.907
201606 5.792 101.400 6.575
201609 5.890 102.400 6.621
201612 6.042 102.600 6.779
201703 6.260 103.200 6.983
201706 6.304 103.100 7.039
201709 6.552 104.100 7.245
201712 6.776 104.500 7.464
201803 6.963 105.300 7.612
201806 6.771 104.900 7.430
201809 7.036 106.600 7.598
201812 7.163 106.500 7.742
201903 7.426 107.700 7.937
201906 7.225 107.700 7.722
201909 7.494 109.800 7.857
201912 7.660 111.200 7.930
202003 7.825 112.300 8.021
202006 7.580 110.400 7.904
202009 7.817 111.700 8.056
202012 8.355 111.500 8.626
202103 8.342 112.662 8.524
202106 8.126 111.769 8.369
202109 8.320 112.215 8.535
202112 8.368 113.108 8.517
202203 8.578 114.335 8.637
202206 8.397 114.558 8.438
202209 8.621 115.339 8.604
202212 8.629 115.116 8.629
202303 8.885 115.116 8.885
202306 8.620 114.558 8.662
202309 8.817 115.339 8.800
202312 8.748 114.781 8.774
202403 8.661 115.227 8.653
202406 8.428 114.781 8.453
202409 8.494 115.785 8.445
202412 8.235 114.893 8.251
202503 8.205 115.116 8.205

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.


Daqin Railway Co  (SHSE:601006) 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.


Daqin Railway Co Cyclically Adjusted PB Ratio Related Terms

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


Daqin Railway Co Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005
Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.
Executives
Wen Jing Supervisors
Yang Hong Ming Director

Daqin Railway Co Headlines

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