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Jiangsu Wanlin Modern Logistics Co (SHSE:603117) Cyclically Adjusted PB Ratio : 1.78 (As of Jan. 18, 2025)


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What is Jiangsu Wanlin Modern Logistics Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Jiangsu Wanlin Modern Logistics Co's current share price is ¥5.58. Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥3.14. Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio for today is 1.78.

The historical rank and industry rank for Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603117' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.12   Max: 2.68
Current: 1.74

During the past years, Jiangsu Wanlin Modern Logistics Co's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.80. And the median was 1.12.

SHSE:603117's Cyclically Adjusted PB Ratio is ranked worse than
63.45% of 684 companies
in the Transportation industry
Industry Median: 1.31 vs SHSE:603117: 1.74

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.

Jiangsu Wanlin Modern Logistics Co's adjusted book value per share data for the three months ended in Sep. 2024 was ¥1.708. 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 ¥3.14 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Wanlin Modern Logistics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jiangsu Wanlin Modern Logistics 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.

Jiangsu Wanlin Modern Logistics Co Cyclically Adjusted PB Ratio Chart

Jiangsu Wanlin Modern Logistics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.04

Jiangsu Wanlin Modern Logistics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.03 1.04 1.10 1.41 1.52

Competitive Comparison of Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Jiangsu Wanlin Modern Logistics 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.


Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio falls into.



Jiangsu Wanlin Modern Logistics 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.

Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.58/3.14
=1.78

* 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.

Jiangsu Wanlin Modern Logistics Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Jiangsu Wanlin Modern Logistics Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.708/115.7848*115.7848
=1.708

Current CPI (Sep. 2024) = 115.7848.

Jiangsu Wanlin Modern Logistics Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.698 99.000 1.986
201503 1.731 99.900 2.006
201506 2.309 99.500 2.687
201509 2.334 100.500 2.689
201512 2.366 100.600 2.723
201603 2.397 102.200 2.716
201606 2.377 101.400 2.714
201609 3.415 102.400 3.861
201612 3.432 102.600 3.873
201703 3.462 103.200 3.884
201706 3.433 103.100 3.855
201709 3.486 104.100 3.877
201712 3.521 104.500 3.901
201803 3.574 105.300 3.930
201806 3.483 104.900 3.844
201809 3.441 106.600 3.737
201812 3.422 106.500 3.720
201903 3.538 107.700 3.804
201906 3.539 107.700 3.805
201909 3.521 109.800 3.713
201912 3.513 111.200 3.658
202003 3.559 112.300 3.669
202006 3.579 110.400 3.754
202009 3.602 111.700 3.734
202012 3.575 111.500 3.712
202103 3.613 112.662 3.713
202106 3.621 111.769 3.751
202109 3.629 112.215 3.744
202112 3.124 113.108 3.198
202203 3.130 114.335 3.170
202206 3.096 114.558 3.129
202209 3.054 115.339 3.066
202212 2.168 115.116 2.181
202303 2.173 115.116 2.186
202306 2.134 114.558 2.157
202309 2.179 115.339 2.187
202312 1.824 114.781 1.840
202403 1.831 115.227 1.840
202406 1.846 114.781 1.862
202409 1.708 115.785 1.708

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.


Jiangsu Wanlin Modern Logistics Co  (SHSE:603117) 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.


Jiangsu Wanlin Modern Logistics Co Cyclically Adjusted PB Ratio Related Terms

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


Jiangsu Wanlin Modern Logistics Co Business Description

Traded in Other Exchanges
N/A
Address
No.68 Renmin Middle Road, Block A, Block B, 8th Floor, International Trade Center, Jiangsu Province, Jingjiang, CHN, 214500
Jiangsu Wanlin Modern Logistics Co Ltd is a logistics enterprise. It operates a wood agency procurement business from the Far East, North America, Africa, and South America. Its provide comprehensive logistics services for many timber industry enterprises including agent procurement, shipping agency, freight forwarding, port loading and unloading, warehousing and distribution, cargo loading, wood processing, logistics information and other services. It provides domestic and international shipping agency service.
Executives
Fan Ji Bo Director
Yu Jin Song Director
Hao Jian Bin Director
Wu Jiang Yu Director
Huang Zhi Hua Director
Shen Jian Wen Director
Sun Yu Feng Director
Huang Bao Zhong Director

Jiangsu Wanlin Modern Logistics Co Headlines

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