GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Maider Medical Industry Equipment Co Ltd (SHSE:688310) » Definitions » Cyclically Adjusted PB Ratio

Maider Medical Industry Equipment Co (SHSE:688310) Cyclically Adjusted PB Ratio : 4.09 (As of Jun. 05, 2025)


View and export this data going back to 2019. Start your Free Trial

What is Maider Medical Industry Equipment Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Maider Medical Industry Equipment Co's current share price is ¥14.90. Maider Medical Industry Equipment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥3.64. Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio for today is 4.09.

The historical rank and industry rank for Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688310' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.76   Med: 4.44   Max: 7.88
Current: 4

During the past 12 years, Maider Medical Industry Equipment Co's highest Cyclically Adjusted PB Ratio was 7.88. The lowest was 2.76. And the median was 4.44.

SHSE:688310's Cyclically Adjusted PB Ratio is ranked worse than
73.74% of 495 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs SHSE:688310: 4.00

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.

Maider Medical Industry Equipment Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥4.873. 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 ¥3.64 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maider Medical Industry Equipment Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maider Medical Industry Equipment 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.

Maider Medical Industry Equipment Co Cyclically Adjusted PB Ratio Chart

Maider Medical Industry Equipment 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 - - 4.52 6.54 2.97

Maider Medical Industry Equipment 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 - - - 2.97 -

Competitive Comparison of Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Maider Medical Industry Equipment 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.


Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio falls into.


;
;

Maider Medical Industry Equipment 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.

Maider Medical Industry Equipment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.90/3.64
=4.09

* 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.

Maider Medical Industry Equipment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Maider Medical Industry Equipment 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)
=4.873/114.8925*114.8925
=4.873

Current CPI (Dec24) = 114.8925.

Maider Medical Industry Equipment Co Annual Data

Book Value per Share CPI Adj_Book
201512 1.291 100.600 1.474
201612 1.405 102.600 1.573
201712 1.861 104.500 2.046
201812 2.062 106.500 2.224
201912 4.316 111.200 4.459
202012 4.498 111.500 4.635
202112 4.665 113.108 4.739
202212 4.981 115.116 4.971
202312 5.408 114.781 5.413
202412 4.873 114.893 4.873

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.


Maider Medical Industry Equipment Co  (SHSE:688310) 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.


Maider Medical Industry Equipment Co Cyclically Adjusted PB Ratio Related Terms

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


Maider Medical Industry Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No.3 Tianyou Road, Binggang Industrial Zone, Yuhuan County, Zhejiang, Taizhou, CHN, 317607
Maider Medical Industry Equipment Co Ltd is engaged in designing, Research & Development, manufacturing and sales of medical products assembly automation line. It provides automation for customers in the field of medical products, to realize substitution for human labour with equipments, improve production efficiency and promote transformation as well as upgrading of medical products industry.
Executives
Zheng Long Core technical personnel
Lin Jun Hui Directors, senior managers
Luo Jian Core technical personnel
Lin Dong Directors, senior managers
Liu Xue Tao Director
Lin Jun Hua Directors, senior managers, core technical personnel
Zhou Da Wei Core technical personnel

Maider Medical Industry Equipment Co Headlines

No Headlines