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Bank of Shanghai Co (SHSE:601229) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 04, 2025)


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What is Bank of Shanghai Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Bank of Shanghai Co's current share price is ¥10.84. Bank of Shanghai Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥12.45. Bank of Shanghai Co's Cyclically Adjusted PB Ratio for today is 0.87.

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

SHSE:601229' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.8   Max: 1.61
Current: 0.85

During the past years, Bank of Shanghai Co's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.54. And the median was 0.80.

SHSE:601229's Cyclically Adjusted PB Ratio is ranked better than
62.9% of 1283 companies
in the Banks industry
Industry Median: 1.01 vs SHSE:601229: 0.85

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.

Bank of Shanghai Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥18.211. 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 ¥12.45 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Shanghai Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of Shanghai 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.

Bank of Shanghai Co Cyclically Adjusted PB Ratio Chart

Bank of Shanghai 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 1.03 0.81 0.59 0.54 0.75

Bank of Shanghai 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 0.59 0.62 0.65 0.75 0.79

Competitive Comparison of Bank of Shanghai Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank of Shanghai 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.


Bank of Shanghai Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Shanghai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Shanghai Co's Cyclically Adjusted PB Ratio falls into.


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Bank of Shanghai 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.

Bank of Shanghai Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.84/12.45
=0.87

* 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.

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

For example, Bank of Shanghai 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)
=18.211/115.1156*115.1156
=18.211

Current CPI (Mar. 2025) = 115.1156.

Bank of Shanghai Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.699 99.500 7.750
201509 0.000 100.500 0.000
201512 7.226 100.600 8.269
201603 7.512 102.200 8.461
201606 6.988 101.400 7.933
201609 7.275 102.400 8.178
201612 8.149 102.600 9.143
201703 8.435 103.200 9.409
201706 8.502 103.100 9.493
201709 8.741 104.100 9.666
201712 8.942 104.500 9.850
201803 9.256 105.300 10.119
201806 9.343 104.900 10.253
201809 9.711 106.600 10.487
201812 9.947 106.500 10.752
201903 10.287 107.700 10.995
201906 10.368 107.700 11.082
201909 12.198 109.800 12.789
201912 11.034 111.200 11.423
202003 11.427 112.300 11.713
202006 11.452 110.400 11.941
202009 11.745 111.700 12.104
202012 11.997 111.500 12.386
202103 13.718 112.662 14.017
202106 12.410 111.769 12.782
202109 14.135 112.215 14.500
202112 13.039 113.108 13.270
202203 14.861 114.335 14.962
202206 13.489 114.558 13.555
202209 15.245 115.339 15.216
202212 14.155 115.116 14.155
202303 15.929 115.116 15.929
202306 14.671 114.558 14.742
202309 16.343 115.339 16.311
202312 15.389 114.781 15.434
202403 17.260 115.227 17.243
202406 17.298 114.781 17.348
202409 17.362 115.785 17.262
202412 16.488 114.893 16.520
202503 18.211 115.116 18.211

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.


Bank of Shanghai Co  (SHSE:601229) 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.


Bank of Shanghai Co Cyclically Adjusted PB Ratio Related Terms

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


Bank of Shanghai Co Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Middle Yincheng Road, Pudong New District, Shanghai, CHN, 200120
Bank of Shanghai Co Ltd is a commercial banking company. It is primarily involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business and others. Geographically, the business presence of the firm is seen across the region of Shanghai, Yangtze River Delta, excluding Shanghai and others.
Executives
Wang Ming senior management
Li Xiao Hong senior management
Hu De Bin senior management
Shi Hong Min Directors, senior managers
Zhang Lei Supervisors
Yu Min Hua senior management
Wu Jun senior management
Zhu Jian Directors, senior managers
Cui Qing Jun senior management
Huang Tao senior management
Hu You Lian Directors, senior managers
Li Chao Kun Director
Liu Ji Nan Supervisors
Feng Xue Fei Supervisors

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