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Clenergy Technology Co (SHSE:603628) Cyclically Adjusted PB Ratio : 3.12 (As of May. 09, 2025)


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What is Clenergy Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-05-09), Clenergy Technology Co's current share price is ¥11.87. Clenergy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.80. Clenergy Technology Co's Cyclically Adjusted PB Ratio for today is 3.12.

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

SHSE:603628' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 3.41   Max: 4.08
Current: 3.05

During the past years, Clenergy Technology Co's highest Cyclically Adjusted PB Ratio was 4.08. The lowest was 2.92. And the median was 3.41.

SHSE:603628's Cyclically Adjusted PB Ratio is ranked worse than
66.52% of 702 companies
in the Semiconductors industry
Industry Median: 1.955 vs SHSE:603628: 3.05

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.

Clenergy Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.760. 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 ¥3.80 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clenergy Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clenergy Technology 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.

Clenergy Technology Co Cyclically Adjusted PB Ratio Chart

Clenergy Technology 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 - - - - 3.31

Clenergy Technology 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 - - 3.89 3.31 3.28

Competitive Comparison of Clenergy Technology Co's Cyclically Adjusted PB Ratio

For the Solar subindustry, Clenergy Technology 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.


Clenergy Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Clenergy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Clenergy Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.87/3.80
=3.12

* 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.

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

For example, Clenergy Technology 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)
=4.76/115.1156*115.1156
=4.760

Current CPI (Mar. 2025) = 115.1156.

Clenergy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.515 97.624 4.145
201412 2.107 99.000 2.450
201512 2.360 100.600 2.701
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 2.604 102.400 2.927
201612 2.650 102.600 2.973
201703 3.316 103.200 3.699
201706 3.317 103.100 3.704
201709 3.413 104.100 3.774
201712 3.403 104.500 3.749
201803 3.400 105.300 3.717
201806 3.397 104.900 3.728
201809 3.408 106.600 3.680
201812 3.495 106.500 3.778
201903 3.477 107.700 3.716
201906 3.513 107.700 3.755
201909 3.492 109.800 3.661
201912 3.283 111.200 3.399
202003 3.271 112.300 3.353
202006 3.382 110.400 3.526
202009 3.438 111.700 3.543
202012 3.484 111.500 3.597
202103 3.542 112.662 3.619
202106 3.568 111.769 3.675
202109 3.612 112.215 3.705
202112 3.624 113.108 3.688
202203 3.663 114.335 3.688
202206 3.727 114.558 3.745
202209 3.903 115.339 3.895
202212 4.015 115.116 4.015
202303 4.181 115.116 4.181
202306 4.324 114.558 4.345
202309 4.462 115.339 4.453
202312 4.542 114.781 4.555
202403 4.581 115.227 4.577
202406 4.628 114.781 4.641
202409 4.771 115.785 4.743
202412 4.666 114.893 4.675
202503 4.760 115.116 4.760

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.


Clenergy Technology Co  (SHSE:603628) 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.


Clenergy Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Clenergy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1001, No. 1003, No. 1005, No. 1007, No. 1009, Min'an Avenue, Torch High-tech Zone, Industrial Zone, Xiang’an District, Fujian Province, Xiamen, CHN, 361101
Clenergy Technology Co Ltd is engaged in the research and development, manufacturing and sales of photovoltaic power plant overall solutions and corresponding equipment. It offers smart microgrid solution, AC combiner box, DC combiner box, photovoltaic accessories, ground support systems and other products. In addition, the company is also involved in the clean energy service and clean energy investment.
Executives
Fang Rong Min Directors, senior managers
Wang Xiao Ming Supervisors
Director
Wang Zhi Cheng Supervisors
Director

Clenergy Technology Co Headlines

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