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Keeson Technology (SHSE:603610) Cyclically Adjusted PB Ratio : 1.95 (As of Jun. 01, 2025)


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What is Keeson Technology Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Keeson Technology's current share price is ¥11.86. Keeson Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥6.07. Keeson Technology's Cyclically Adjusted PB Ratio for today is 1.95.

The historical rank and industry rank for Keeson Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603610' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 1.91   Max: 2.07
Current: 1.95

During the past 10 years, Keeson Technology's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 1.71. And the median was 1.91.

SHSE:603610's Cyclically Adjusted PB Ratio is ranked worse than
60.94% of 320 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.305 vs SHSE:603610: 1.95

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.

Keeson Technology's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥8.562. 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 ¥6.07 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keeson Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keeson Technology'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.

Keeson Technology Cyclically Adjusted PB Ratio Chart

Keeson Technology 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 - - - - 2.08

Keeson Technology 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 - - - 2.08 -

Competitive Comparison of Keeson Technology's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Keeson Technology'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.


Keeson Technology's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Keeson Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keeson Technology's Cyclically Adjusted PB Ratio falls into.


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Keeson Technology 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.

Keeson Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.86/6.07
=1.95

* 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.

Keeson Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Keeson Technology'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)
=8.562/114.8925*114.8925
=8.562

Current CPI (Dec24) = 114.8925.

Keeson Technology Annual Data

Book Value per Share CPI Adj_Book
201512 1.072 100.600 1.224
201612 1.129 102.600 1.264
201712 2.317 104.500 2.547
201812 3.412 106.500 3.681
201912 7.937 111.200 8.201
202012 8.256 111.500 8.507
202112 8.936 113.108 9.077
202212 8.553 115.116 8.536
202312 9.130 114.781 9.139
202412 8.562 114.893 8.562

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.


Keeson Technology  (SHSE:603610) 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.


Keeson Technology Cyclically Adjusted PB Ratio Related Terms

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


Keeson Technology Business Description

Traded in Other Exchanges
N/A
Address
No.158, Qiu Mou Road, Wangjiangyu Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314016
Keeson Technology Corp Ltd is a multinational company specializing in the development, manufacture and sale of smart bedroom furniture and dedicated to healthy sleep intelligence technology and big data applications. The company's main products are smart electric beds and their supporting products. The products are exported to the United States, Canada, Australia, Russia, Japan and other countries.
Executives
Tang Ying Director
Huang Xiao Wei Directors, senior managers
Long Tan senior management
Xu Jin Hua Supervisors
Xu Jian Chun Supervisors
Dan Hua Feng senior management
Tang Guo Hai Director
Chen Gen Lei Supervisors

Keeson Technology Headlines

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