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Hunan Aihua Group Co (SHSE:603989) Cyclically Adjusted PB Ratio : 2.26 (As of Jun. 05, 2025)


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What is Hunan Aihua Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Hunan Aihua Group Co's current share price is ¥15.25. Hunan Aihua Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.75. Hunan Aihua Group Co's Cyclically Adjusted PB Ratio for today is 2.26.

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

SHSE:603989' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 2.88   Max: 5.26
Current: 2.19

During the past years, Hunan Aihua Group Co's highest Cyclically Adjusted PB Ratio was 5.26. The lowest was 1.78. And the median was 2.88.

SHSE:603989's Cyclically Adjusted PB Ratio is ranked worse than
59.3% of 1931 companies
in the Hardware industry
Industry Median: 1.67 vs SHSE:603989: 2.19

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.

Hunan Aihua Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥9.358. 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 ¥6.75 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan Aihua Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hunan Aihua 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.

Hunan Aihua Group Co Cyclically Adjusted PB Ratio Chart

Hunan Aihua 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 - - 4.67 3.48 2.30

Hunan Aihua 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 2.68 2.22 2.34 2.30 2.30

Competitive Comparison of Hunan Aihua Group Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Hunan Aihua 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.


Hunan Aihua Group Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hunan Aihua Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hunan Aihua 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.

Hunan Aihua Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.25/6.75
=2.26

* 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.

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

For example, Hunan Aihua 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)
=9.358/115.1156*115.1156
=9.358

Current CPI (Mar. 2025) = 115.1156.

Hunan Aihua Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.589 99.500 5.309
201509 4.228 100.500 4.843
201512 4.429 100.600 5.068
201603 4.573 102.200 5.151
201606 4.233 101.400 4.806
201609 4.405 102.400 4.952
201612 4.568 102.600 5.125
201703 4.764 103.200 5.314
201706 4.350 103.100 4.857
201709 4.527 104.100 5.006
201712 4.701 104.500 5.179
201803 5.262 105.300 5.753
201806 4.851 104.900 5.323
201809 5.092 106.600 5.499
201812 5.294 106.500 5.722
201903 5.435 107.700 5.809
201906 5.327 107.700 5.694
201909 5.541 109.800 5.809
201912 5.860 111.200 6.066
202003 6.018 112.300 6.169
202006 6.043 110.400 6.301
202009 6.419 111.700 6.615
202012 6.707 111.500 6.924
202103 7.038 112.662 7.191
202106 7.063 111.769 7.274
202109 7.376 112.215 7.567
202112 7.607 113.108 7.742
202203 7.840 114.335 7.894
202206 7.844 114.558 7.882
202209 8.100 115.339 8.084
202212 8.364 115.116 8.364
202303 8.589 115.116 8.589
202306 8.552 114.558 8.594
202309 8.872 115.339 8.855
202312 8.941 114.781 8.967
202403 9.036 115.227 9.027
202406 8.945 114.781 8.971
202409 9.179 115.785 9.126
202412 9.179 114.893 9.197
202503 9.358 115.116 9.358

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.


Hunan Aihua Group Co  (SHSE:603989) 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.


Hunan Aihua Group Co Cyclically Adjusted PB Ratio Related Terms

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


Hunan Aihua Group Co Business Description

Traded in Other Exchanges
N/A
Address
East Taohualun Road, Hunan province, Yiyang, CHN, 413000
Hunan Aihua Group Co Ltd is engaged in the design, development, manufacturing, and sales of aluminium electrolytic capacitors and manufacturing of aluminium foil and machines.
Executives
Yin Bao Hua Director
Wang An An Director
Ai Li Yu Director

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