GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Shenglong Automotive Powertrain System Co Ltd (SHSE:603178) » Definitions » Cyclically Adjusted PB Ratio

Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) Cyclically Adjusted PB Ratio : 4.69 (As of Jun. 04, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Ningbo Shenglong Automotive Powertrain System Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Ningbo Shenglong Automotive Powertrain System Co's current share price is ¥19.68. Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.20. Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio for today is 4.69.

The historical rank and industry rank for Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603178' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.84   Med: 4.37   Max: 5.03
Current: 4.6

During the past years, Ningbo Shenglong Automotive Powertrain System Co's highest Cyclically Adjusted PB Ratio was 5.03. The lowest was 3.84. And the median was 4.37.

SHSE:603178's Cyclically Adjusted PB Ratio is ranked worse than
83.1% of 994 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs SHSE:603178: 4.60

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.

Ningbo Shenglong Automotive Powertrain System Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥5.361. 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 ¥4.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Shenglong Automotive Powertrain System Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ningbo Shenglong Automotive Powertrain System 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.

Ningbo Shenglong Automotive Powertrain System Co Cyclically Adjusted PB Ratio Chart

Ningbo Shenglong Automotive Powertrain System 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 - - - - 4.66

Ningbo Shenglong Automotive Powertrain System 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 - - - 4.66 4.24

Competitive Comparison of Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Ningbo Shenglong Automotive Powertrain System 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.


Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio falls into.


;
;

Ningbo Shenglong Automotive Powertrain System 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.

Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.68/4.20
=4.69

* 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.

Ningbo Shenglong Automotive Powertrain System Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ningbo Shenglong Automotive Powertrain System 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)
=5.361/115.1156*115.1156
=5.361

Current CPI (Mar. 2025) = 115.1156.

Ningbo Shenglong Automotive Powertrain System Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.868 97.624 2.203
201412 1.816 99.000 2.112
201512 2.262 100.600 2.588
201603 0.000 102.200 0.000
201606 2.377 101.400 2.699
201609 2.484 102.400 2.792
201612 2.035 102.600 2.283
201703 3.877 103.200 4.325
201706 3.802 103.100 4.245
201709 3.879 104.100 4.289
201712 4.030 104.500 4.439
201803 4.141 105.300 4.527
201806 4.071 104.900 4.467
201809 4.138 106.600 4.469
201812 4.147 106.500 4.482
201903 4.024 107.700 4.301
201906 3.850 107.700 4.115
201909 3.647 109.800 3.824
201912 3.078 111.200 3.186
202003 3.082 112.300 3.159
202006 3.140 110.400 3.274
202009 3.257 111.700 3.357
202012 3.349 111.500 3.458
202103 3.479 112.662 3.555
202106 3.576 111.769 3.683
202109 3.122 112.215 3.203
202112 5.069 113.108 5.159
202203 5.171 114.335 5.206
202206 5.117 114.558 5.142
202209 5.265 115.339 5.255
202212 5.321 115.116 5.321
202303 5.345 115.116 5.345
202306 5.441 114.558 5.467
202309 5.354 115.339 5.344
202312 5.433 114.781 5.449
202403 5.436 115.227 5.431
202406 5.450 114.781 5.466
202409 5.387 115.785 5.356
202412 5.486 114.893 5.497
202503 5.361 115.116 5.361

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.


Ningbo Shenglong Automotive Powertrain System Co  (SHSE:603178) 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.


Ningbo Shenglong Automotive Powertrain System Co Cyclically Adjusted PB Ratio Related Terms

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


Ningbo Shenglong Automotive Powertrain System Co Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Jinda Road, Yinzhou District Industrial Park, Zhejiang Province, Ningbo City, CHN, 315104
Ningbo Shenglong Automotive Powertrain System Co Ltd is an auto manufacturing company.
Executives
Zhang Wen Chang Director
Zhang Yong senior management
Qian Yi senior management
Wang You Fu Supervisors

Ningbo Shenglong Automotive Powertrain System Co Headlines

No Headlines