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Great Sun Foods Co (SHSE:603336) Cyclically Adjusted PB Ratio : 2.17 (As of May. 21, 2024)


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What is Great Sun Foods Co Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Great Sun Foods Co's current share price is ¥3.84. Great Sun Foods Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.77. Great Sun Foods Co's Cyclically Adjusted PB Ratio for today is 2.17.

The historical rank and industry rank for Great Sun Foods Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603336' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 2.18   Max: 2.45
Current: 2.21

During the past years, Great Sun Foods Co's highest Cyclically Adjusted PB Ratio was 2.45. The lowest was 1.94. And the median was 2.18.

SHSE:603336's Cyclically Adjusted PB Ratio is ranked worse than
67.93% of 1263 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs SHSE:603336: 2.21

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.

Great Sun Foods Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥2.025. 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 ¥1.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Sun Foods Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Great Sun Foods 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.

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Great Sun Foods Co Cyclically Adjusted PB Ratio Chart

Great Sun Foods Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Great Sun Foods Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 2.36

Competitive Comparison of Great Sun Foods Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Great Sun Foods 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.


Great Sun Foods Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Great Sun Foods Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Great Sun Foods Co's Cyclically Adjusted PB Ratio falls into.



Great Sun Foods 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.

Great Sun Foods Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.84/1.77
=2.17

* 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.

Great Sun Foods Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Great Sun Foods Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.025/115.2271*115.2271
=2.025

Current CPI (Mar. 2024) = 115.2271.

Great Sun Foods Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.628 92.885 0.779
201212 0.775 95.237 0.938
201312 0.897 97.624 1.059
201403 0.921 98.600 1.076
201412 1.036 99.000 1.206
201509 0.000 100.500 0.000
201512 1.223 100.600 1.401
201603 0.000 102.200 0.000
201606 1.308 101.400 1.486
201609 1.018 102.400 1.146
201612 1.666 102.600 1.871
201703 1.709 103.200 1.908
201706 1.685 103.100 1.883
201709 1.723 104.100 1.907
201712 1.749 104.500 1.929
201803 1.783 105.300 1.951
201806 1.765 104.900 1.939
201809 1.812 106.600 1.959
201812 1.833 106.500 1.983
201903 1.869 107.700 2.000
201906 1.879 107.700 2.010
201909 1.929 109.800 2.024
201912 1.964 111.200 2.035
202003 1.695 112.300 1.739
202006 1.693 110.400 1.767
202009 1.740 111.700 1.795
202012 1.849 111.500 1.911
202103 1.876 112.662 1.919
202106 1.850 111.769 1.907
202109 1.867 112.215 1.917
202112 1.885 113.108 1.920
202203 1.908 114.335 1.923
202206 1.938 114.558 1.949
202209 1.974 115.339 1.972
202212 1.971 115.116 1.973
202303 1.987 115.116 1.989
202306 2.013 114.558 2.025
202309 2.029 115.339 2.027
202312 2.014 114.781 2.022
202403 2.025 115.227 2.025

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.


Great Sun Foods Co  (SHSE:603336) 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.


Great Sun Foods Co Cyclically Adjusted PB Ratio Related Terms

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


Great Sun Foods Co (SHSE:603336) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Yujin Middle Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Great Sun Foods Co Ltd is the Chinese company operating in the agricultural and sideline food processing industry. The company is engaged in the provision of plantation management, post-harvest acquisition, pre-cooling, frozen storage, pre-selection classification, processing and packaging and cold chain distribution. It provides more than 46 categories of fruits and 43 categories of vegetables, with different varieties from all parts of China and abroad.

Great Sun Foods Co (SHSE:603336) Headlines

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