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China Kings Resources Group Co (SHSE:603505) Cyclically Adjusted PB Ratio : 11.96 (As of Jun. 04, 2025)


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What is China Kings Resources Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), China Kings Resources Group Co's current share price is ¥21.77. China Kings Resources Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.82. China Kings Resources Group Co's Cyclically Adjusted PB Ratio for today is 11.96.

The historical rank and industry rank for China Kings Resources Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603505' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.77   Med: 14.07   Max: 16.93
Current: 11.8

During the past years, China Kings Resources Group Co's highest Cyclically Adjusted PB Ratio was 16.93. The lowest was 11.77. And the median was 14.07.

SHSE:603505's Cyclically Adjusted PB Ratio is ranked worse than
96.05% of 1543 companies
in the Metals & Mining industry
Industry Median: 0.98 vs SHSE:603505: 11.80

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.

China Kings Resources Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.750. 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 ¥1.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Kings Resources Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Kings Resources Group 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.

China Kings Resources Group Co Cyclically Adjusted PB Ratio Chart

China Kings Resources Group 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 - - - - 13.41

China Kings Resources Group 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 - - 16.95 13.41 13.44

Competitive Comparison of China Kings Resources Group Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, China Kings Resources Group 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.


China Kings Resources Group Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Kings Resources Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Kings Resources Group Co's Cyclically Adjusted PB Ratio falls into.


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China Kings Resources Group 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.

China Kings Resources Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.77/1.82
=11.96

* 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.

China Kings Resources Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, China Kings Resources Group 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)
=2.75/115.1156*115.1156
=2.750

Current CPI (Mar. 2025) = 115.1156.

China Kings Resources Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.755 97.624 0.890
201412 0.835 99.000 0.971
201512 0.911 100.600 1.042
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 1.021 102.600 1.146
201703 0.777 103.200 0.867
201706 1.117 103.100 1.247
201709 1.143 104.100 1.264
201712 1.188 104.500 1.309
201803 1.222 105.300 1.336
201806 1.219 104.900 1.338
201809 1.266 106.600 1.367
201812 1.375 106.500 1.486
201903 1.443 107.700 1.542
201906 1.485 107.700 1.587
201909 1.575 109.800 1.651
201912 1.636 111.200 1.694
202003 1.521 112.300 1.559
202006 1.504 110.400 1.568
202009 1.638 111.700 1.688
202012 1.769 111.500 1.826
202103 1.844 112.662 1.884
202106 1.860 111.769 1.916
202109 1.996 112.215 2.048
202112 2.107 113.108 2.144
202203 2.020 114.335 2.034
202206 1.991 114.558 2.001
202209 2.094 115.339 2.090
202212 2.223 115.116 2.223
202303 2.285 115.116 2.285
202306 2.325 114.558 2.336
202309 2.525 115.339 2.520
202312 2.700 114.781 2.708
202403 2.801 115.227 2.798
202406 2.681 114.781 2.689
202409 2.736 115.785 2.720
202412 2.638 114.893 2.643
202503 2.750 115.116 2.750

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.


China Kings Resources Group Co  (SHSE:603505) 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.


China Kings Resources Group Co Cyclically Adjusted PB Ratio Related Terms

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


China Kings Resources Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Qiushi Road, Room 2301, South Building, Gongyuan Building, Anno Domini Mansion, Zhejiang Province, Hangzhou, CHN, 310013
China Kings Resources Group Co Ltd is a Chinese company involved in the production and trade of fluorite products. It offers acid grade fluorite fine powder, metallurgical grade fluorite fine powder, high-grade fluorite lump ore and common fluorite ore.
Executives
Su Bao Gang senior management
Cheng Hui Fang Director
Wang Jin Hua Director
Ying Li Ming Director
Dai Shui Jun senior management
Zhao Jian Ping Director
Xu Chun Bo senior management
Yang Jin senior management
Wang Zhong Yan Supervisors
Wu Ling Yi senior management
Song Ying Director
Wang Cheng Liang Director
Hu Xiang Ming senior management
Wang Fu Liang Director
Shen Le Ping Director

China Kings Resources Group Co Headlines

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