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China Publishing & Media Holdings Co (SHSE:601949) Cyclically Adjusted PB Ratio : 1.66 (As of Jun. 05, 2025)


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What is China Publishing & Media Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), China Publishing & Media Holdings Co's current share price is ¥6.51. China Publishing & Media Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.92. China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio for today is 1.66.

The historical rank and industry rank for China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:601949' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 1.79   Max: 2.35
Current: 1.64

During the past years, China Publishing & Media Holdings Co's highest Cyclically Adjusted PB Ratio was 2.35. The lowest was 1.61. And the median was 1.79.

SHSE:601949's Cyclically Adjusted PB Ratio is ranked worse than
64.85% of 680 companies
in the Media - Diversified industry
Industry Median: 1.1 vs SHSE:601949: 1.64

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 Publishing & Media Holdings Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥5.027. 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 ¥3.92 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Publishing & Media Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Publishing & Media Holdings 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.

China Publishing & Media Holdings Co Cyclically Adjusted PB Ratio Chart

China Publishing & Media Holdings 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 - - - - 1.87

China Publishing & Media Holdings 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 - - 1.89 1.87 1.73

Competitive Comparison of China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio

For the Publishing subindustry, China Publishing & Media Holdings 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.


China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio falls into.


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China Publishing & Media Holdings 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.

China Publishing & Media Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.51/3.92
=1.66

* 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 Publishing & Media Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, China Publishing & Media Holdings 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)
=5.027/115.1156*115.1156
=5.027

Current CPI (Mar. 2025) = 115.1156.

China Publishing & Media Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.220 99.000 2.581
201506 2.324 99.500 2.689
201512 2.633 100.600 3.013
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 2.949 102.600 3.309
201703 2.799 103.200 3.122
201706 2.318 103.100 2.588
201709 2.933 104.100 3.243
201712 3.144 104.500 3.463
201803 3.114 105.300 3.404
201806 3.104 104.900 3.406
201809 3.186 106.600 3.441
201812 3.369 106.500 3.642
201903 3.402 107.700 3.636
201906 3.398 107.700 3.632
201909 3.469 109.800 3.637
201912 3.654 111.200 3.783
202003 3.626 112.300 3.717
202006 3.654 110.400 3.810
202009 3.748 111.700 3.863
202012 3.945 111.500 4.073
202103 3.963 112.662 4.049
202106 3.965 111.769 4.084
202109 4.054 112.215 4.159
202112 4.248 113.108 4.323
202203 4.250 114.335 4.279
202206 4.225 114.558 4.246
202209 4.281 115.339 4.273
202212 4.483 115.116 4.483
202303 4.502 115.116 4.502
202306 4.518 114.558 4.540
202309 4.578 115.339 4.569
202312 4.865 114.781 4.879
202403 4.863 115.227 4.858
202406 4.948 114.781 4.962
202409 4.879 115.785 4.851
202412 5.041 114.893 5.051
202503 5.027 115.116 5.027

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 Publishing & Media Holdings Co  (SHSE:601949) 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 Publishing & Media Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


China Publishing & Media Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Chaoyangmennei Street, Dongcheng District, Beijing, CHN, 100010
China Publishing & Media Holdings Co Ltd is a specialized and large-scale publishing group. The company's publishing business mainly includes book publishing, newspaper publishing, electronic audio and video publishing and related copyright business.

China Publishing & Media Holdings Co Headlines

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