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Guizhou Aviation Technical Development Co (SHSE:688239) Cyclically Adjusted PB Ratio : 4.74 (As of Jun. 04, 2025)


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What is Guizhou Aviation Technical Development Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Guizhou Aviation Technical Development Co's current share price is ¥31.31. Guizhou Aviation Technical Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥6.60. Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio for today is 4.74.

The historical rank and industry rank for Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688239' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.98   Med: 5.02   Max: 12.74
Current: 4.78

During the past 12 years, Guizhou Aviation Technical Development Co's highest Cyclically Adjusted PB Ratio was 12.74. The lowest was 3.98. And the median was 5.02.

SHSE:688239's Cyclically Adjusted PB Ratio is ranked worse than
66.99% of 206 companies
in the Aerospace & Defense industry
Industry Median: 3.055 vs SHSE:688239: 4.78

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.

Guizhou Aviation Technical Development Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥12.411. 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 ¥6.60 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guizhou Aviation Technical Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co Cyclically Adjusted PB Ratio Chart

Guizhou Aviation Technical Development 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 - - 11.99 6.38 4.34

Guizhou Aviation Technical Development 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 - - - 4.34 -

Competitive Comparison of Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Guizhou Aviation Technical Development 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.


Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio falls into.


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Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.31/6.60
=4.74

* 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.

Guizhou Aviation Technical Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Guizhou Aviation Technical Development 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)
=12.411/114.8925*114.8925
=12.411

Current CPI (Dec24) = 114.8925.

Guizhou Aviation Technical Development Co Annual Data

Book Value per Share CPI Adj_Book
201512 3.402 100.600 3.885
201612 2.943 102.600 3.296
201712 3.827 104.500 4.208
201812 4.060 106.500 4.380
201912 4.573 111.200 4.725
202012 5.265 111.500 5.425
202112 7.431 113.108 7.548
202212 8.734 115.116 8.717
202312 11.432 114.781 11.443
202412 12.411 114.893 12.411

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.


Guizhou Aviation Technical Development Co  (SHSE:688239) 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.


Guizhou Aviation Technical Development Co Cyclically Adjusted PB Ratio Related Terms

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


Guizhou Aviation Technical Development Co Business Description

Traded in Other Exchanges
N/A
Address
Shangbashan Road, Jinyang Science and Technology Industrial Park, Guiyang National High-tech Industrial Development, Guizhou Province, Guiyang, CHN, 550081
Guizhou Aviation Technical Development Co Ltd is engaged in the research and development, production and sales of annular forgings of difficult-to-deform aerospace metal materials. Its products are mainly used in domestic aircraft engines, gas turbines, space launch vehicles, missiles and other high-end equipment fields.
Executives
Liu Ming Liang senior management
Yang Jia Dian Core technical personnel
Wang Hua Dong Senior management, core technical personnel
Liu Chao Hui Directors, senior managers
Wu Yong An Senior management, core technical personnel
Huang Dong Mei senior management
Lu Man Yu Director
Zhang Hua Director, core technical staff
Song Jie Supervisors

Guizhou Aviation Technical Development Co Headlines

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