GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sany Heavy Energy Co Ltd (SHSE:688349) » Definitions » Cyclically Adjusted PB Ratio

Sany Heavy Energy Co (SHSE:688349) Cyclically Adjusted PB Ratio : (As of Oct. 31, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sany Heavy Energy Co Cyclically Adjusted PB Ratio?

Sany Heavy Energy Co does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sany Heavy Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sany Heavy Energy 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.

Sany Heavy Energy Co Cyclically Adjusted PB Ratio Chart

Sany Heavy Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial - - - - -

Sany Heavy Energy Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Sany Heavy Energy Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Sany Heavy Energy 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.


Sany Heavy Energy Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sany Heavy Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sany Heavy Energy Co's Cyclically Adjusted PB Ratio falls into.



Sany Heavy Energy 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.

Sany Heavy Energy Co does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Sany Heavy Energy Co  (SHSE:688349) 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.


Sany Heavy Energy Co Cyclically Adjusted PB Ratio Related Terms

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


Sany Heavy Energy Co Business Description

Traded in Other Exchanges
N/A
Address
Beiqing Road, Sany Industrial Park, Changping District, Beijing, CHN, 102206
Sany Heavy Energy Co Ltd is engaged in the research and development, manufacturing and sales of wind turbines.
Executives
Dong Zhao Ran Core technical personnel

Sany Heavy Energy Co Headlines

No Headlines