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Zhejiang Dibay Electric Co (SHSE:603320) Cyclically Adjusted PB Ratio : 3.49 (As of Jul. 13, 2025)


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What is Zhejiang Dibay Electric Co Cyclically Adjusted PB Ratio?

As of today (2025-07-13), Zhejiang Dibay Electric Co's current share price is ¥18.53. Zhejiang Dibay Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.31. Zhejiang Dibay Electric Co's Cyclically Adjusted PB Ratio for today is 3.49.

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

SHSE:603320' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 3.18   Max: 3.72
Current: 3.43

During the past years, Zhejiang Dibay Electric Co's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 2.95. And the median was 3.18.

SHSE:603320's Cyclically Adjusted PB Ratio is ranked worse than
67.24% of 2228 companies
in the Industrial Products industry
Industry Median: 2.09 vs SHSE:603320: 3.43

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 Dibay Electric Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥7.658. 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 ¥5.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Dibay Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhejiang Dibay Electric 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 Dibay Electric Co Cyclically Adjusted PB Ratio Chart

Zhejiang Dibay Electric 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 - - - - 2.74

Zhejiang Dibay Electric 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 - - - 2.74 3.31

Competitive Comparison of Zhejiang Dibay Electric Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Zhejiang Dibay Electric 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 Dibay Electric Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Dibay Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zhejiang Dibay Electric 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 Dibay Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.53/5.31
=3.49

* 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 Dibay Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zhejiang Dibay Electric 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)
=7.658/115.1156*115.1156
=7.658

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Dibay Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 1.871 95.237 2.262
201312 2.290 97.624 2.700
201406 2.517 98.200 2.951
201412 2.628 99.000 3.056
201512 2.898 100.600 3.316
201609 0.000 102.400 0.000
201612 3.368 102.600 3.779
201703 2.642 103.200 2.947
201706 4.399 103.100 4.912
201709 4.483 104.100 4.957
201712 4.560 104.500 5.023
201803 4.638 105.300 5.070
201806 4.620 104.900 5.070
201809 4.716 106.600 5.093
201812 4.759 106.500 5.144
201903 4.860 107.700 5.195
201906 4.839 107.700 5.172
201909 4.930 109.800 5.169
201912 5.300 111.200 5.487
202003 5.409 112.300 5.545
202006 5.379 110.400 5.609
202009 5.448 111.700 5.615
202012 5.526 111.500 5.705
202103 5.664 112.662 5.787
202106 5.806 111.769 5.980
202109 5.915 112.215 6.068
202112 6.031 113.108 6.138
202203 6.124 114.335 6.166
202206 6.010 114.558 6.039
202209 6.082 115.339 6.070
202212 6.094 115.116 6.094
202303 6.137 115.116 6.137
202306 6.127 114.558 6.157
202309 6.198 115.339 6.186
202312 6.334 114.781 6.352
202403 6.444 115.227 6.438
202406 6.523 114.781 6.542
202409 6.764 115.785 6.725
202412 6.916 114.893 6.929
202503 7.658 115.116 7.658

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 Dibay Electric Co  (SHSE:603320) 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 Dibay Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Zhejiang Dibay Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Dibei Road, Sanjiang Street, Quzhou, CHN, 312400
Zhejiang Dibay Electric Co Ltd is a China-based company engages in the manufacture and sale of mechanical and electrical compressor motors. The company produces products such as refrigerator compressor motor, air conditioner compressor motor, commercial compressor electric and other products. It is also engaged in the manufacturing and sale of high-tech enterprises.
Executives
Wang Jian Hong Director
Wu Jian Rong Director

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