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Shandong Huifa Foodstuff Co (SHSE:603536) Cyclically Adjusted PB Ratio : 3.82 (As of Jun. 05, 2025)


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What is Shandong Huifa Foodstuff Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Shandong Huifa Foodstuff Co's current share price is ¥9.31. Shandong Huifa Foodstuff Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.44. Shandong Huifa Foodstuff Co's Cyclically Adjusted PB Ratio for today is 3.82.

The historical rank and industry rank for Shandong Huifa Foodstuff Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603536' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.56   Med: 4.08   Max: 4.54
Current: 3.71

During the past years, Shandong Huifa Foodstuff Co's highest Cyclically Adjusted PB Ratio was 4.54. The lowest was 3.56. And the median was 4.08.

SHSE:603536's Cyclically Adjusted PB Ratio is ranked worse than
81.5% of 1330 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs SHSE:603536: 3.71

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.

Shandong Huifa Foodstuff Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.769. 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 ¥2.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Huifa Foodstuff Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shandong Huifa Foodstuff 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.

Shandong Huifa Foodstuff Co Cyclically Adjusted PB Ratio Chart

Shandong Huifa Foodstuff 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 - - - - 4.79

Shandong Huifa Foodstuff 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 - - - 4.79 3.68

Competitive Comparison of Shandong Huifa Foodstuff Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Shandong Huifa Foodstuff 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.


Shandong Huifa Foodstuff Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Shandong Huifa Foodstuff Co's Cyclically Adjusted PB Ratio falls into.


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Shandong Huifa Foodstuff 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.

Shandong Huifa Foodstuff Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.31/2.44
=3.82

* 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.

Shandong Huifa Foodstuff Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shandong Huifa Foodstuff 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)
=1.769/115.1156*115.1156
=1.769

Current CPI (Mar. 2025) = 115.1156.

Shandong Huifa Foodstuff Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.677 97.624 1.977
201412 1.951 99.000 2.269
201512 2.126 100.600 2.433
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 2.315 102.600 2.597
201703 1.733 103.200 1.933
201706 2.552 103.100 2.849
201709 2.609 104.100 2.885
201712 2.738 104.500 3.016
201803 2.748 105.300 3.004
201806 2.650 104.900 2.908
201809 2.697 106.600 2.912
201812 2.804 106.500 3.031
201903 2.698 107.700 2.884
201906 2.521 107.700 2.695
201909 2.547 109.800 2.670
201912 2.740 111.200 2.836
202003 2.675 112.300 2.742
202006 2.702 110.400 2.817
202009 2.719 111.700 2.802
202012 2.786 111.500 2.876
202103 2.691 112.662 2.750
202106 2.532 111.769 2.608
202109 2.484 112.215 2.548
202112 2.413 113.108 2.456
202203 2.302 114.335 2.318
202206 2.212 114.558 2.223
202209 2.139 115.339 2.135
202212 2.025 115.116 2.025
202303 1.958 115.116 1.958
202306 1.900 114.558 1.909
202309 1.903 115.339 1.899
202312 2.056 114.781 2.062
202403 2.039 115.227 2.037
202406 1.934 114.781 1.940
202409 1.790 115.785 1.780
202412 1.838 114.893 1.842
202503 1.769 115.116 1.769

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.


Shandong Huifa Foodstuff Co  (SHSE:603536) 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.


Shandong Huifa Foodstuff Co Cyclically Adjusted PB Ratio Related Terms

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


Shandong Huifa Foodstuff Co Business Description

Traded in Other Exchanges
N/A
Address
No. 60, Lishan Road, Shandong Province, Zhucheng, CHN, 262200
Shandong Huifa Foodstuff Co Ltd is a China-based company engages in the research and development, production, and sales of pre-prepared food products cover various cuisines including local snacks, functional dishes, snacks, pastries, conditioning, western food, hot pot, etc. The food products offered by the company include onion rings, lotus root with meat, surimi, and cheese buns, among others. Its products and services are offered through brands such as Hui Fa, Ze Zhong, Hui Fa Fresh Kitchen, and Aisha Yippin, and service brands such as Runong Supply Chain, Hui Fa Kitchen, Hui Fa Cloud Kitchen, Hui Fa Mei Chu, Yilan Xiaodian, and Miloko.
Executives
Zang Fang Yun senior management
Zhang Qing Yu senior management
Wei Xue Jun senior management
Li Yu Jun senior management
Hui Min senior management
Liu Hai Wei senior management
Dong Xue senior management
Jie Pei Jin senior management
Wang Rui Rong senior management
Song Zhang Wei Director
Hui Zeng Yu Directors, senior managers
Meng Gao Dong senior management

Shandong Huifa Foodstuff Co Headlines

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