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Sailun Group Co (SHSE:601058) Cyclically Adjusted PB Ratio : 4.90 (As of Jun. 19, 2024)


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What is Sailun Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Sailun Group Co's current share price is ¥14.15. Sailun Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.89. Sailun Group Co's Cyclically Adjusted PB Ratio for today is 4.90.

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

SHSE:601058' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 4.1   Max: 6.95
Current: 4.98

During the past years, Sailun Group Co's highest Cyclically Adjusted PB Ratio was 6.95. The lowest was 1.42. And the median was 4.10.

SHSE:601058's Cyclically Adjusted PB Ratio is ranked worse than
87.39% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs SHSE:601058: 4.98

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.

Sailun Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥5.243. 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 ¥2.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sailun Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sailun 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.

Sailun Group Co Cyclically Adjusted PB Ratio Chart

Sailun Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.97 6.58 3.97 4.21

Sailun Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.16 4.30 4.61 4.21 5.08

Competitive Comparison of Sailun Group Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Sailun 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.


Sailun Group Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sailun Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sailun 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.15/2.89
=4.90

* 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.

Sailun Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sailun Group Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.243/115.2271*115.2271
=5.243

Current CPI (Mar. 2024) = 115.2271.

Sailun Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.504 98.200 1.765
201409 1.322 98.900 1.540
201412 1.842 99.000 2.144
201503 1.847 99.900 2.130
201506 1.819 99.500 2.107
201509 1.832 100.500 2.100
201512 1.851 100.600 2.120
201603 1.911 102.200 2.155
201606 1.934 101.400 2.198
201609 1.970 102.400 2.217
201612 1.976 102.600 2.219
201703 1.955 103.200 2.183
201706 1.919 103.100 2.145
201709 1.687 104.100 1.867
201712 2.209 104.500 2.436
201803 2.211 105.300 2.419
201806 2.283 104.900 2.508
201809 2.388 106.600 2.581
201812 2.335 106.500 2.526
201903 2.367 107.700 2.532
201906 2.496 107.700 2.670
201909 2.575 109.800 2.702
201912 2.617 111.200 2.712
202003 2.737 112.300 2.808
202006 2.828 110.400 2.952
202009 2.994 111.700 3.089
202012 3.135 111.500 3.240
202103 3.308 112.662 3.383
202106 3.244 111.769 3.344
202109 3.360 112.215 3.450
202112 3.503 113.108 3.569
202203 3.608 114.335 3.636
202206 3.663 114.558 3.684
202209 3.867 115.339 3.863
202212 3.989 115.116 3.993
202303 4.078 115.116 4.082
202306 4.150 114.558 4.174
202309 4.412 115.339 4.408
202312 4.752 114.781 4.770
202403 5.243 115.227 5.243

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.


Sailun Group Co  (SHSE:601058) 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.


Sailun Group Co Cyclically Adjusted PB Ratio Related Terms

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


Sailun Group Co (SHSE:601058) Business Description

Traded in Other Exchanges
N/A
Address
No.43, Rubber Valley, Zhengzhou Road, Building B, Shibei District, Shandong, Qingdao, CHN, 266045
Sailun Group Co Ltd is a Chinese company engaged in the research, development, and manufacturing of radial tires and its related manufacturing technology such as management and control network system and computer systems in China. It offers passenger car tires, card passenger tires, and special tires. The company provides tires in the car series, SUV series, racing series, truck tire series, bus tire series, agricultural tires, among others. Its products are sold in China and other countries.
Executives
Yuan Zhong Xue Director
Zhou Ru Gang senior management
Zhou Tian Ming senior management
Zhou Bo senior management
Zhu Xiao Bing senior management
Zhou Sheng Yun senior management
Zhang Bi Shu Director
Wang Jian Ye Directors, senior managers
Liu Yan Hua senior management
Xie Xiao Hong senior management
Song Jun Directors, senior managers
Yan Wan Hua Director
Du Yu Dai Director

Sailun Group Co (SHSE:601058) Headlines

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