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Bethel Automotivefety Systems Co (SHSE:603596) Cyclically Adjusted PB Ratio : 10.36 (As of Jun. 04, 2025)


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What is Bethel Automotivefety Systems Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Bethel Automotivefety Systems Co's current share price is ¥54.81. Bethel Automotivefety Systems Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥5.29. Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio for today is 10.36.

The historical rank and industry rank for Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603596' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8   Med: 10.87   Max: 16.6
Current: 10.36

During the past 12 years, Bethel Automotivefety Systems Co's highest Cyclically Adjusted PB Ratio was 16.60. The lowest was 8.00. And the median was 10.87.

SHSE:603596's Cyclically Adjusted PB Ratio is ranked worse than
95.47% of 994 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs SHSE:603596: 10.36

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.

Bethel Automotivefety Systems Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥10.809. 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 ¥5.29 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bethel Automotivefety Systems Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bethel Automotivefety Systems 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.

Bethel Automotivefety Systems Co Cyclically Adjusted PB Ratio Chart

Bethel Automotivefety Systems 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 - - 15.72 11.28 8.44

Bethel Automotivefety Systems 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 - - - 8.44 -

Competitive Comparison of Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Bethel Automotivefety Systems 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.


Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio falls into.


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Bethel Automotivefety Systems 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.

Bethel Automotivefety Systems Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.81/5.29
=10.36

* 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.

Bethel Automotivefety Systems Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Bethel Automotivefety Systems Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=10.809/114.8925*114.8925
=10.809

Current CPI (Dec24) = 114.8925.

Bethel Automotivefety Systems Co Annual Data

Book Value per Share CPI Adj_Book
201512 2.242 100.600 2.561
201612 1.585 102.600 1.775
201712 2.135 104.500 2.347
201812 3.333 106.500 3.596
201912 3.924 111.200 4.054
202012 4.710 111.500 4.853
202112 6.113 113.108 6.209
202212 7.303 115.116 7.289
202312 9.351 114.781 9.360
202412 10.809 114.893 10.809

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.


Bethel Automotivefety Systems Co  (SHSE:603596) 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.


Bethel Automotivefety Systems Co Cyclically Adjusted PB Ratio Related Terms

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Bethel Automotivefety Systems Co Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Taishan Road, Wuhu Area, China (Anhui) Pilot Free Trade Zone, Wuhu, CHN, 241009
Bethel Automotive Safety Systems Co Ltd is engaged in research and development, production and sales of automotive braking system related products.
Executives
Wang Xiao Jie senior management
Yuan Yong Bin Director

Bethel Automotivefety Systems Co Headlines

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