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Anzheng Fashion Group Co (SHSE:603839) Cyclically Adjusted PB Ratio : 0.98 (As of May. 09, 2025)


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What is Anzheng Fashion Group Co Cyclically Adjusted PB Ratio?

As of today (2025-05-09), Anzheng Fashion Group Co's current share price is ¥6.02. Anzheng Fashion Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.14. Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio for today is 0.98.

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

SHSE:603839' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.89   Max: 1.1
Current: 0.96

During the past years, Anzheng Fashion Group Co's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.68. And the median was 0.89.

SHSE:603839's Cyclically Adjusted PB Ratio is ranked better than
50.31% of 640 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.965 vs SHSE:603839: 0.96

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.

Anzheng Fashion Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.722. 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 ¥6.14 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anzheng Fashion Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anzheng 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.

Anzheng Fashion Group Co Cyclically Adjusted PB Ratio Chart

Anzheng 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 - - - - 0.91

Anzheng 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 0.97 0.73 0.85 0.91 0.88

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

For the Apparel Manufacturing subindustry, Anzheng 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.


Anzheng 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, Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Anzheng 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.02/6.14
=0.98

* 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.

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

For example, Anzheng 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)
=4.722/115.1156*115.1156
=4.722

Current CPI (Mar. 2025) = 115.1156.

Anzheng Fashion Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.323 99.000 3.864
201509 0.000 100.500 0.000
201512 3.819 100.600 4.370
201603 0.000 102.200 0.000
201606 3.883 101.400 4.408
201609 4.061 102.400 4.565
201612 4.286 102.600 4.809
201703 6.198 103.200 6.914
201706 6.057 103.100 6.763
201709 6.161 104.100 6.813
201712 6.355 104.500 7.001
201803 6.596 105.300 7.211
201806 6.458 104.900 7.087
201809 6.708 106.600 7.244
201812 6.783 106.500 7.332
201903 6.971 107.700 7.451
201906 6.742 107.700 7.206
201909 6.981 109.800 7.319
201912 7.066 111.200 7.315
202003 7.322 112.300 7.506
202006 7.036 110.400 7.337
202009 7.009 111.700 7.223
202012 6.853 111.500 7.075
202103 6.975 112.662 7.127
202106 6.689 111.769 6.889
202109 6.747 112.215 6.921
202112 6.596 113.108 6.713
202203 6.649 114.335 6.694
202206 6.130 114.558 6.160
202209 6.196 115.339 6.184
202212 5.189 115.116 5.189
202303 5.274 115.116 5.274
202306 4.942 114.558 4.966
202309 4.956 115.339 4.946
202312 5.121 114.781 5.136
202403 5.068 115.227 5.063
202406 4.928 114.781 4.942
202409 4.896 115.785 4.868
202412 4.664 114.893 4.673
202503 4.722 115.116 4.722

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.


Anzheng Fashion Group Co  (SHSE:603839) 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.


Anzheng Fashion Group Co Cyclically Adjusted PB Ratio Related Terms

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


Anzheng Fashion Group Co Business Description

Traded in Other Exchanges
N/A
Address
Linhong Road, Building 7, Lane 168, Changning District, Shanghai, CHN
Anzheng Fashion Group Co Ltd is engaged in manufacturing of apparel and related products. The company offers men's and women's apparel products. The brand portfolio of the company includes JZ, IMM, Anzheng, Michelle Moissac, and Fiona Chen.
Executives
Tan Cai Nian senior management
Ge Guo Ping senior management
Zheng An Kun Director
Chen Ke Chuan Director
Zheng An Zheng Director
Zhao Ying senior management
Zheng Xiu Ping senior management

Anzheng Fashion Group Co Headlines

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