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Nancal Technology Co (SHSE:603859) Cyclically Adjusted PB Ratio : 3.97 (As of Jun. 01, 2025)


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What is Nancal Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Nancal Technology Co's current share price is ¥28.88. Nancal Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥7.27. Nancal Technology Co's Cyclically Adjusted PB Ratio for today is 3.97.

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

SHSE:603859' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 4.14   Max: 5.51
Current: 3.94

During the past years, Nancal Technology Co's highest Cyclically Adjusted PB Ratio was 5.51. The lowest was 2.08. And the median was 4.14.

SHSE:603859's Cyclically Adjusted PB Ratio is ranked worse than
87.5% of 464 companies
in the Conglomerates industry
Industry Median: 0.96 vs SHSE:603859: 3.94

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.

Nancal Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥12.048. 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 ¥7.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nancal Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nancal 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.

Nancal Technology Co Cyclically Adjusted PB Ratio Chart

Nancal 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 - - - - 4.25

Nancal 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 - 3.20 2.70 4.25 4.50

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

For the Conglomerates subindustry, Nancal 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.


Nancal Technology Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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


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Nancal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.88/7.27
=3.97

* 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.

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

For example, Nancal 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)
=12.048/115.1156*115.1156
=12.048

Current CPI (Mar. 2025) = 115.1156.

Nancal Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.187 99.000 3.706
201509 0.000 100.500 0.000
201512 3.358 100.600 3.843
201603 0.000 102.200 0.000
201606 3.408 101.400 3.869
201609 2.572 102.400 2.891
201612 3.847 102.600 4.316
201703 3.793 103.200 4.231
201706 3.753 103.100 4.190
201709 3.771 104.100 4.170
201712 3.892 104.500 4.287
201803 3.978 105.300 4.349
201806 3.989 104.900 4.377
201809 4.023 106.600 4.344
201812 4.216 106.500 4.557
201903 3.841 107.700 4.105
201906 5.062 107.700 5.411
201909 5.189 109.800 5.440
201912 6.253 111.200 6.473
202003 6.341 112.300 6.500
202006 6.447 110.400 6.722
202009 6.630 111.700 6.833
202012 6.821 111.500 7.042
202103 5.796 112.662 5.922
202106 9.119 111.769 9.392
202109 9.322 112.215 9.563
202112 9.540 113.108 9.709
202203 9.667 114.335 9.733
202206 9.687 114.558 9.734
202209 9.733 115.339 9.714
202212 10.086 115.116 10.086
202303 10.259 115.116 10.259
202306 10.502 114.558 10.553
202309 10.819 115.339 10.798
202312 11.076 114.781 11.108
202403 11.250 115.227 11.239
202406 11.342 114.781 11.375
202409 11.500 115.785 11.434
202412 11.845 114.893 11.868
202503 12.048 115.116 12.048

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.


Nancal Technology Co  (SHSE:603859) 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.


Nancal Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Nancal Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Guba Road, Chengguan Street, Fangshan District, No 9, Beijing, CHN, 100193
Nancal Technology Co Ltd provides energy saving and intelligent manufacturing hardware and software integrated solutions for industrial enterprises in China. The company operates through the following business division Smart Electrical, Smart Charging and Smart Manufacturing. Its products are applied in the fields of petrochemical industry, iron and steel metallurgy, coal mining, aviation equipment and power new energy.
Executives
Yu Sheng Tao Director
Sun Jun Jie senior management
Zhao Lan Directors, senior managers
Lan Li Peng Director

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