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China Railway Group (SHSE:601390) Cyclically Adjusted PB Ratio : 0.54 (As of May. 09, 2025)


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What is China Railway Group Cyclically Adjusted PB Ratio?

As of today (2025-05-09), China Railway Group's current share price is ¥5.57. China Railway Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥10.27. China Railway Group's Cyclically Adjusted PB Ratio for today is 0.54.

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

SHSE:601390' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.92   Max: 2.44
Current: 0.54

During the past years, China Railway Group's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 0.53. And the median was 0.92.

SHSE:601390's Cyclically Adjusted PB Ratio is ranked better than
74.5% of 1208 companies
in the Construction industry
Industry Median: 1.05 vs SHSE:601390: 0.54

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.

China Railway Group's adjusted book value per share data for the three months ended in Mar. 2025 was ¥14.707. 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 ¥10.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Railway Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Railway Group'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.

China Railway Group Cyclically Adjusted PB Ratio Chart

China Railway Group 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 0.84 0.81 0.69 0.63 0.64

China Railway Group 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 0.76 0.69 0.67 0.64 0.54

Competitive Comparison of China Railway Group's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, China Railway Group'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.


China Railway Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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China Railway Group 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.

China Railway Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.57/10.27
=0.54

* 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.

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

For example, China Railway Group'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)
=14.707/119.3844*119.3844
=14.707

Current CPI (Mar. 2025) = 119.3844.

China Railway Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.217 99.267 6.274
201509 5.506 99.927 6.578
201512 5.716 102.015 6.689
201603 5.834 102.785 6.776
201606 5.846 101.686 6.864
201609 6.020 102.565 7.007
201612 6.143 103.225 7.105
201703 6.311 103.335 7.291
201706 6.463 103.664 7.443
201709 6.582 103.994 7.556
201712 6.802 104.984 7.735
201803 7.013 105.973 7.901
201806 7.191 106.193 8.084
201809 7.393 106.852 8.260
201812 8.395 107.622 9.313
201903 8.566 108.172 9.454
201906 8.660 109.601 9.433
201909 8.572 110.260 9.281
201912 9.013 110.700 9.720
202003 9.000 110.920 9.687
202006 9.179 110.590 9.909
202009 9.779 107.512 10.859
202012 10.392 109.711 11.308
202103 10.648 111.579 11.393
202106 10.895 111.360 11.680
202109 11.183 109.051 12.243
202112 11.203 112.349 11.905
202203 11.425 113.558 12.011
202206 11.486 113.448 12.087
202209 11.925 113.778 12.513
202212 12.169 114.548 12.683
202303 12.473 115.427 12.901
202306 12.355 115.647 12.754
202309 13.025 116.087 13.395
202312 13.435 117.296 13.674
202403 13.734 117.735 13.926
202406 13.563 117.296 13.805
202409 14.218 118.615 14.310
202412 14.337 118.945 14.390
202503 14.707 119.384 14.707

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.


China Railway Group  (SHSE:601390) 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.


China Railway Group Cyclically Adjusted PB Ratio Related Terms

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


China Railway Group Business Description

Traded in Other Exchanges
Address
49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG
China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.
Executives
Liu Hui senior management
Yu Teng Qun senior management
Gao Shu Tang Supervisors
Li Zhang Jin Director
Ma Li senior management
Dai He Gen senior management
Yao Gui Qing senior management
Shi Da Hua Director
Wang Qiu Ming Director
Bai Zhong Ren Director
Duan Xiu Bin senior management

China Railway Group Headlines

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