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Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Cyclically Adjusted PB Ratio : 3.05 (As of Jun. 04, 2025)


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What is Hebei Yangyuan Zhihui Beverage Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Hebei Yangyuan Zhihui Beverage Co's current share price is ¥25.02. Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥8.19. Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio for today is 3.05.

The historical rank and industry rank for Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603156' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.61   Med: 2.78   Max: 3.01
Current: 2.98

During the past years, Hebei Yangyuan Zhihui Beverage Co's highest Cyclically Adjusted PB Ratio was 3.01. The lowest was 2.61. And the median was 2.78.

SHSE:603156's Cyclically Adjusted PB Ratio is ranked worse than
65.79% of 76 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.445 vs SHSE:603156: 2.98

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.

Hebei Yangyuan Zhihui Beverage Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥8.427. 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 ¥8.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hebei Yangyuan Zhihui Beverage Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hebei Yangyuan Zhihui Beverage 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.

Hebei Yangyuan Zhihui Beverage Co Cyclically Adjusted PB Ratio Chart

Hebei Yangyuan Zhihui Beverage 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 - - - - 2.86

Hebei Yangyuan Zhihui Beverage 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 - - 2.95 2.86 2.75

Competitive Comparison of Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Hebei Yangyuan Zhihui Beverage 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.


Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio falls into.


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Hebei Yangyuan Zhihui Beverage 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.

Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.02/8.19
=3.05

* 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.

Hebei Yangyuan Zhihui Beverage Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hebei Yangyuan Zhihui Beverage 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)
=8.427/115.1156*115.1156
=8.427

Current CPI (Mar. 2025) = 115.1156.

Hebei Yangyuan Zhihui Beverage Co Quarterly Data

Book Value per Share CPI Adj_Book
201012 1.118 89.289 1.441
201312 1.977 97.624 2.331
201412 3.124 99.000 3.633
201512 4.843 100.600 5.542
201606 4.744 101.400 5.386
201609 0.000 102.400 0.000
201612 5.131 102.600 5.757
201703 0.000 103.200 0.000
201706 5.140 103.100 5.739
201709 5.628 104.100 6.224
201712 6.302 104.500 6.942
201803 9.125 105.300 9.976
201806 8.336 104.900 9.148
201809 8.656 106.600 9.347
201812 9.490 106.500 10.258
201903 10.139 107.700 10.837
201906 8.712 107.700 9.312
201909 9.054 109.800 9.492
201912 9.704 111.200 10.046
202003 10.124 112.300 10.378
202006 8.612 110.400 8.980
202009 9.049 111.700 9.326
202012 9.355 111.500 9.658
202103 9.928 112.662 10.144
202106 9.069 111.769 9.341
202109 9.442 112.215 9.686
202112 9.847 113.108 10.022
202203 10.238 114.335 10.308
202206 8.388 114.558 8.429
202209 8.666 115.339 8.649
202212 9.099 115.116 9.099
202303 9.739 115.116 9.739
202306 8.079 114.558 8.118
202309 8.380 115.339 8.364
202312 8.734 114.781 8.759
202403 9.171 115.227 9.162
202406 7.676 114.781 7.698
202409 7.801 115.785 7.756
202412 7.912 114.893 7.927
202503 8.427 115.116 8.427

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.


Hebei Yangyuan Zhihui Beverage Co  (SHSE:603156) 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.


Hebei Yangyuan Zhihui Beverage Co Cyclically Adjusted PB Ratio Related Terms

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


Hebei Yangyuan Zhihui Beverage Co Business Description

Traded in Other Exchanges
N/A
Address
Hebei Hengshui Economic Development Zone, New District, North Road, Hengshui, CHN, 053000
Hebei Yangyuan Zhihui Beverage Co Ltd is engaged in Research and development, production and sales of plant protein beverages mainly using walnut kernels as raw materials.
Executives
Xia Jun Xia Director
Wang Lian Long Supervisors
Li Hong Bing Director
Deng Li Feng Director
Fan Zhao Lin Directors, senior managers
Xing Shu Lan Directors, senior managers
Yao Kui Zhang Director
Huang Xin Kuan Supervisors
Ma Yong Li senior management
Yang Pei Gang Supervisors
Zhu Zhan Bo Supervisors
Li Zhi Bin Director

Hebei Yangyuan Zhihui Beverage Co Headlines

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