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Jinhong Fashion Group Co (SHSE:603518) Cyclically Adjusted PB Ratio : 1.35 (As of Jun. 04, 2025)


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What is Jinhong Fashion Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Jinhong Fashion Group Co's current share price is ¥12.21. Jinhong Fashion Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥9.07. Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio for today is 1.35.

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

SHSE:603518' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.05   Max: 1.42
Current: 1.15

During the past years, Jinhong Fashion Group Co's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.71. And the median was 1.05.

SHSE:603518's Cyclically Adjusted PB Ratio is ranked worse than
52.36% of 743 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs SHSE:603518: 1.15

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.

Jinhong Fashion Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥10.707. 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 ¥9.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinhong Fashion Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jinhong Fashion 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.

Jinhong Fashion Group Co Cyclically Adjusted PB Ratio Chart

Jinhong Fashion 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 - - 0.84 1.18 1.09

Jinhong Fashion 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 1.06 1.01 0.90 1.09 0.99

Competitive Comparison of Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Jinhong Fashion 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.


Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio falls into.


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Jinhong Fashion 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.

Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.21/9.07
=1.35

* 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.

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

For example, Jinhong Fashion 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)
=10.707/115.1156*115.1156
=10.707

Current CPI (Mar. 2025) = 115.1156.

Jinhong Fashion Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.458 99.500 7.472
201509 6.474 100.500 7.416
201512 6.644 100.600 7.603
201603 6.752 102.200 7.605
201606 6.701 101.400 7.607
201609 6.887 102.400 7.742
201612 7.046 102.600 7.906
201703 7.190 103.200 8.020
201706 7.186 103.100 8.023
201709 7.314 104.100 8.088
201712 7.696 104.500 8.478
201803 8.754 105.300 9.570
201806 8.868 104.900 9.732
201809 9.014 106.600 9.734
201812 9.559 106.500 10.332
201903 10.224 107.700 10.928
201906 10.111 107.700 10.807
201909 10.132 109.800 10.623
201912 10.261 111.200 10.622
202003 10.319 112.300 10.578
202006 10.302 110.400 10.742
202009 6.677 111.700 6.881
202012 7.713 111.500 7.963
202103 7.999 112.662 8.173
202106 8.217 111.769 8.463
202109 8.349 112.215 8.565
202112 8.625 113.108 8.778
202203 8.802 114.335 8.862
202206 8.799 114.558 8.842
202209 8.911 115.339 8.894
202212 8.902 115.116 8.902
202303 9.224 115.116 9.224
202306 9.369 114.558 9.415
202309 9.420 115.339 9.402
202312 9.764 114.781 9.792
202403 10.114 115.227 10.104
202406 9.953 114.781 9.982
202409 9.999 115.785 9.941
202412 10.422 114.893 10.442
202503 10.707 115.116 10.707

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.


Jinhong Fashion Group Co  (SHSE:603518) 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.


Jinhong Fashion Group Co Cyclically Adjusted PB Ratio Related Terms

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


Jinhong Fashion Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Zhongshan South Road, 60th Floor, Qinhuai District, Nanjing, CHN
Jinhong Fashion Group Co Ltd is engaged in the manufacture and sale of women's apparel products. The company's main business covers the design, development, production, brand marketing and terminal sales of mid-to-high-end clothing.
Executives
Wang Zhi Qin Directors, senior managers
Zhang Yu Ying Supervisors
Cao Yi Tang Director
Bian Chun Ning Supervisors
Wang Bao Lin Director
Zhou Jing Ping senior management

Jinhong Fashion Group Co Headlines

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