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Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) Cyclically Adjusted PB Ratio : 1.64 (As of Jun. 05, 2025)


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What is Zhejiang Shapuaisi Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Zhejiang Shapuaisi Pharmaceutical Co's current share price is ¥7.53. Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.58. Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.64.

The historical rank and industry rank for Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603168' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2   Max: 3.12
Current: 1.67

During the past years, Zhejiang Shapuaisi Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 1.36. And the median was 2.00.

SHSE:603168's Cyclically Adjusted PB Ratio is ranked better than
56.32% of 696 companies
in the Drug Manufacturers industry
Industry Median: 1.975 vs SHSE:603168: 1.67

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.

Zhejiang Shapuaisi Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.254. 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 ¥4.58 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Shapuaisi Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhejiang Shapuaisi Pharmaceutical 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.

Zhejiang Shapuaisi Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Zhejiang Shapuaisi Pharmaceutical 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 - 2.46 2.14 3.08 1.47

Zhejiang Shapuaisi Pharmaceutical 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 2.28 1.68 1.69 1.47 1.47

Competitive Comparison of Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Shapuaisi Pharmaceutical 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.


Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


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Zhejiang Shapuaisi Pharmaceutical 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.

Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.53/4.58
=1.64

* 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.

Zhejiang Shapuaisi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zhejiang Shapuaisi Pharmaceutical 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)
=4.254/115.1156*115.1156
=4.254

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Shapuaisi Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.693 99.500 3.116
201509 2.836 100.500 3.248
201512 2.999 100.600 3.432
201603 3.174 102.200 3.575
201606 3.168 101.400 3.597
201609 3.239 102.400 3.641
201612 4.942 102.600 5.545
201703 5.097 103.200 5.686
201706 4.969 103.100 5.548
201709 5.144 104.100 5.688
201712 5.137 104.500 5.659
201803 5.264 105.300 5.755
201806 5.141 104.900 5.642
201809 5.225 106.600 5.642
201812 4.591 106.500 4.962
201903 4.652 107.700 4.972
201906 4.671 107.700 4.993
201909 4.713 109.800 4.941
201912 4.616 111.200 4.779
202003 4.617 112.300 4.733
202006 4.560 110.400 4.755
202009 4.518 111.700 4.656
202012 4.049 111.500 4.180
202103 4.081 112.662 4.170
202106 4.132 111.769 4.256
202109 4.161 112.215 4.269
202112 4.192 113.108 4.266
202203 4.278 114.335 4.307
202206 4.303 114.558 4.324
202209 3.754 115.339 3.747
202212 4.578 115.116 4.578
202303 4.642 115.116 4.642
202306 4.741 114.558 4.764
202309 4.680 115.339 4.671
202312 4.535 114.781 4.548
202403 4.557 115.227 4.553
202406 4.459 114.781 4.472
202409 4.482 115.785 4.456
202412 4.229 114.893 4.237
202503 4.254 115.116 4.254

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.


Zhejiang Shapuaisi Pharmaceutical Co  (SHSE:603168) 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.


Zhejiang Shapuaisi Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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


Zhejiang Shapuaisi Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1588 Xinming Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Zhejiang Shapuaisi Pharmaceutical Co Ltd is a China based pharmaceutical company. It is engaged in drug research and development, production and operation. The product portfolio of the company includes oral solutions, eye drops, tablets, hard capsules, suppositories, granules, raw materials dosage forms such as medicines, rinsing agent and mixture, and others. The company operates pharmaceutical manufacturing companies, pharmaceutical sales company, pharmaceutical retail company and pharmaceutical research institute. The products offered by the company are sold in China and are also exported to the other countries.
Executives
Huang Ming Xiong Directors, senior managers
Wu Jian Guo Director
Xu Hong Sheng senior management
Hu Zheng Guo Director
Ge Sheng Fang Director
Feng Xiao Supervisors
Chen De Kang Director

Zhejiang Shapuaisi Pharmaceutical Co Headlines

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