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Bank of Chengdu Co (SHSE:601838) Cyclically Adjusted PB Ratio : 1.54 (As of Jun. 04, 2025)


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What is Bank of Chengdu Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Bank of Chengdu Co's current share price is ¥19.23. Bank of Chengdu Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥12.45. Bank of Chengdu Co's Cyclically Adjusted PB Ratio for today is 1.54.

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

SHSE:601838' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.35   Max: 1.56
Current: 1.56

During the past years, Bank of Chengdu Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 1.11. And the median was 1.35.

SHSE:601838's Cyclically Adjusted PB Ratio is ranked worse than
77.01% of 1283 companies
in the Banks industry
Industry Median: 1.01 vs SHSE:601838: 1.56

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 Chengdu Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥20.915. 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 Chengdu Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of Chengdu 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 Chengdu Co Cyclically Adjusted PB Ratio Chart

Bank of Chengdu 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 - - - 1.10 1.43

Bank of Chengdu 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 1.27 1.37 1.35 1.43 1.38

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

For the Banks - Regional subindustry, Bank of Chengdu 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 Chengdu Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.23/12.45
=1.54

* 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.

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

For example, Bank of Chengdu 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)
=20.915/115.1156*115.1156
=20.915

Current CPI (Mar. 2025) = 115.1156.

Bank of Chengdu Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 3.962 95.237 4.789
201312 4.660 97.624 5.495
201412 5.579 99.000 6.487
201509 6.039 100.500 6.917
201512 6.217 100.600 7.114
201609 0.000 102.400 0.000
201612 6.740 102.600 7.562
201703 0.000 103.200 0.000
201706 6.988 103.100 7.802
201709 7.352 104.100 8.130
201712 7.675 104.500 8.455
201803 7.874 105.300 8.608
201806 7.901 104.900 8.670
201809 8.277 106.600 8.938
201812 8.637 106.500 9.336
201903 9.003 107.700 9.623
201906 8.976 107.700 9.594
201909 9.400 109.800 9.855
201912 9.842 111.200 10.189
202003 10.271 112.300 10.529
202006 10.194 110.400 10.629
202009 10.555 111.700 10.878
202012 12.743 111.500 13.156
202103 13.202 112.662 13.490
202106 13.204 111.769 13.599
202109 13.711 112.215 14.065
202112 14.379 113.108 14.634
202203 15.116 114.335 15.219
202206 15.098 114.558 15.172
202209 15.693 115.339 15.663
202212 16.421 115.116 16.421
202303 17.110 115.116 17.110
202306 17.889 114.558 17.976
202309 17.781 115.339 17.747
202312 18.678 114.781 18.732
202403 19.537 115.227 19.518
202406 19.438 114.781 19.495
202409 20.183 115.785 20.066
202412 20.589 114.893 20.629
202503 20.915 115.116 20.915

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 Chengdu Co  (SHSE:601838) 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 Chengdu Co Cyclically Adjusted PB Ratio Related Terms

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


Bank of Chengdu Co Business Description

Traded in Other Exchanges
N/A
Address
No.16 Xiyu Street, Chengdu Bank Building, Qingyang District, Sichuan Province, Chengdu, CHN, 610000
Bank of Chengdu Co Ltd is a state-owned commercial bank. Its principal businesses include business loans, fixed assets loans, bank acceptance bills, direct discounts on bank acceptance bills, guarantees, real estate development loans and legal person account overdrafts among other services. The bank provides its services in China.
Executives
He Wei Zhong Director
Cai Bing senior management
Zhang Peng Supervisors
Zheng Jun senior management
Luo Jie senior management
Li Wan Rong senior management
Li Jin Ming senior management
Luo Zheng senior management
Wang Hui Director
Li Ai Lan Director
Yang Rong Director
Wei Xiao Ying senior management
Huang Jian Jun senior management

Bank of Chengdu Co Headlines

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