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Sichuan Expressway Co (SHSE:601107) Cyclically Adjusted PB Ratio : 1.24 (As of Jun. 04, 2025)


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What is Sichuan Expressway Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Sichuan Expressway Co's current share price is ¥6.54. Sichuan Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.26. Sichuan Expressway Co's Cyclically Adjusted PB Ratio for today is 1.24.

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

SHSE:601107' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.91   Max: 1.52
Current: 1.22

During the past years, Sichuan Expressway Co's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.64. And the median was 0.91.

SHSE:601107's Cyclically Adjusted PB Ratio is ranked worse than
53.11% of 1271 companies
in the Construction industry
Industry Median: 1.1 vs SHSE:601107: 1.22

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.

Sichuan Expressway Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥6.555. 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 ¥5.26 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Expressway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sichuan Expressway 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.

Sichuan Expressway Co Cyclically Adjusted PB Ratio Chart

Sichuan Expressway 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 0.71 1.14 0.76 0.86 1.01

Sichuan Expressway 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 1.02 1.02 0.99 1.01 1.00

Competitive Comparison of Sichuan Expressway Co's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, Sichuan Expressway 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.


Sichuan Expressway Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Sichuan Expressway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.54/5.26
=1.24

* 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.

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

For example, Sichuan Expressway 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)
=6.555/115.1156*115.1156
=6.555

Current CPI (Mar. 2025) = 115.1156.

Sichuan Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.953 99.500 4.573
201509 4.034 100.500 4.621
201512 4.094 100.600 4.685
201603 4.204 102.200 4.735
201606 4.234 101.400 4.807
201609 4.350 102.400 4.890
201612 4.357 102.600 4.888
201703 4.450 103.200 4.964
201706 4.439 103.100 4.956
201709 4.547 104.100 5.028
201712 4.565 104.500 5.029
201803 4.674 105.300 5.110
201806 4.672 104.900 5.127
201809 4.757 106.600 5.137
201812 4.739 106.500 5.122
201903 4.881 107.700 5.217
201906 4.912 107.700 5.250
201909 5.007 109.800 5.249
201912 4.995 111.200 5.171
202003 4.902 112.300 5.025
202006 4.809 110.400 5.014
202009 4.951 111.700 5.102
202012 5.080 111.500 5.245
202103 5.183 112.662 5.296
202106 5.224 111.769 5.380
202109 5.308 112.215 5.445
202112 5.678 113.108 5.779
202203 5.761 114.335 5.800
202206 5.727 114.558 5.755
202209 5.783 115.339 5.772
202212 6.768 115.116 6.768
202303 5.965 115.116 5.965
202306 4.991 114.558 5.015
202309 5.103 115.339 5.093
202312 5.125 114.781 5.140
202403 5.255 115.227 5.250
202406 5.115 114.781 5.130
202409 5.257 115.785 5.227
202412 6.018 114.893 6.030
202503 6.555 115.116 6.555

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.


Sichuan Expressway Co  (SHSE:601107) 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.


Sichuan Expressway Co Cyclically Adjusted PB Ratio Related Terms

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


Sichuan Expressway Co Business Description

Traded in Other Exchanges
Address
No. 252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is engaged in the investment, construction, operation, and management of certain expressway projects, green energy investment business, and integrated development of resources along the routes. The group is organised into business units based on their services and products, and has six reportable operating segments, which include Expressways, Construction Services, Transportation Services, Transportation Logistics, New Energy Technologies, and Others. A majority of its revenue is generated from the Expressways segment, which comprises the operation of expressways and a high-grade toll bridge in Mainland China. Geographically, the group derives all of its revenue from Mainland China.
Executives
Zhou Li Ming Director
Zhang Yong Nian senior management
Wang Shuan Ming Director
Gan Yong Yi Director
Luo Mao Quan senior management

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