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Zhejiang Grandwall Electric Science & Technology Co (SHSE:603897) Cyclically Adjusted PB Ratio : 2.32 (As of Jun. 01, 2025)


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What is Zhejiang Grandwall Electric Science & Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Zhejiang Grandwall Electric Science & Technology Co's current share price is ¥23.53. Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥10.15. Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio for today is 2.32.

The historical rank and industry rank for Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603897' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 2.12   Max: 2.49
Current: 2.42

During the past 11 years, Zhejiang Grandwall Electric Science & Technology Co's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 1.54. And the median was 2.12.

SHSE:603897's Cyclically Adjusted PB Ratio is ranked worse than
56.12% of 2158 companies
in the Industrial Products industry
Industry Median: 2.01 vs SHSE:603897: 2.42

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.

Zhejiang Grandwall Electric Science & Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥12.398. 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 ¥10.15 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Grandwall Electric Science & Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhejiang Grandwall Electric Science & 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.

Zhejiang Grandwall Electric Science & Technology Co Cyclically Adjusted PB Ratio Chart

Zhejiang Grandwall Electric Science & 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 - - - 2.07 2.32

Zhejiang Grandwall Electric Science & 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 - - - 2.32 -

Competitive Comparison of Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Zhejiang Grandwall Electric Science & 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.


Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio falls into.


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Zhejiang Grandwall Electric Science & 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.

Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.53/10.15
=2.32

* 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.

Zhejiang Grandwall Electric Science & Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Zhejiang Grandwall Electric Science & Technology 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)
=12.398/114.8925*114.8925
=12.398

Current CPI (Dec24) = 114.8925.

Zhejiang Grandwall Electric Science & Technology Co Annual Data

Book Value per Share CPI Adj_Book
201512 3.910 100.600 4.466
201612 4.630 102.600 5.185
201712 5.956 104.500 6.548
201812 9.423 106.500 10.166
201912 10.758 111.200 11.115
202012 11.155 111.500 11.494
202112 13.139 113.108 13.346
202212 13.299 115.116 13.273
202312 13.448 114.781 13.461
202412 12.398 114.893 12.398

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.


Zhejiang Grandwall Electric Science & Technology Co  (SHSE:603897) 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.


Zhejiang Grandwall Electric Science & Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Zhejiang Grandwall Electric Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Great Wall Road East, Lianshi Town, Nanxun District, Zhejiang Province, Huzhou, CHN, 313013
Zhejiang Grandwall Electric Science & Technology Co Ltd is engaged in the development and production of electromagnetic wire products. Its products are used in new energy power generation, automotive drive motors, household appliances, industrial motors, automotive motors, power tools, instrumentation and lighting appliances and other major industries.
Executives
Gu Lin Xiang Director
Gu Lin Rong senior management
Lu Yong Ming senior management
Xu Yong Hua Directors, senior managers
Yu Quan Na Supervisors
Shi Jian Long Supervisors
Fan Xian Hua Director
Sheng Gen Mei Supervisors
Yu Jian Li Directors, senior managers

Zhejiang Grandwall Electric Science & Technology Co Headlines

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