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Shanghai Lingyun Curtain Wall Science And Technology Co (SHSE:900957) Cyclically Adjusted PB Ratio : 1.74 (As of Dec. 15, 2024)


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What is Shanghai Lingyun Curtain Wall Science And Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Shanghai Lingyun Curtain Wall Science And Technology Co's current share price is $0.383. Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.22. Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio for today is 1.74.

The historical rank and industry rank for Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:900957' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 3.1   Max: 9.13
Current: 1.77

During the past years, Shanghai Lingyun Curtain Wall Science And Technology Co's highest Cyclically Adjusted PB Ratio was 9.13. The lowest was 0.65. And the median was 3.10.

SHSE:900957's Cyclically Adjusted PB Ratio is ranked worse than
65.56% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.115 vs SHSE:900957: 1.77

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.

Shanghai Lingyun Curtain Wall Science And Technology Co's adjusted book value per share data for the three months ended in Sep. 2024 was $0.249. 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 $0.22 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Lingyun Curtain Wall Science And Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Lingyun Curtain Wall Science And 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.

Shanghai Lingyun Curtain Wall Science And Technology Co Cyclically Adjusted PB Ratio Chart

Shanghai Lingyun Curtain Wall Science And Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 2.50 3.08 2.67 1.94

Shanghai Lingyun Curtain Wall Science And Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.88 1.94 1.95 0.81 1.62

Competitive Comparison of Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Shanghai Lingyun Curtain Wall Science And 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.


Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio falls into.



Shanghai Lingyun Curtain Wall Science And 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.

Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.383/0.22
=1.74

* 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.

Shanghai Lingyun Curtain Wall Science And Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Shanghai Lingyun Curtain Wall Science And Technology Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.249/115.7848*115.7848
=0.249

Current CPI (Sep. 2024) = 115.7848.

Shanghai Lingyun Curtain Wall Science And Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.182 99.000 0.213
201503 0.181 99.900 0.210
201506 0.183 99.500 0.213
201509 0.179 100.500 0.206
201512 0.177 100.600 0.204
201603 0.176 102.200 0.199
201606 0.170 101.400 0.194
201609 0.169 102.400 0.191
201612 0.163 102.600 0.184
201703 0.166 103.200 0.186
201706 0.170 103.100 0.191
201709 0.179 104.100 0.199
201712 0.184 104.500 0.204
201803 0.196 105.300 0.216
201806 0.196 104.900 0.216
201809 0.185 106.600 0.201
201812 0.188 106.500 0.204
201903 0.196 107.700 0.211
201906 0.192 107.700 0.206
201909 0.188 109.800 0.198
201912 0.195 111.200 0.203
202003 0.195 112.300 0.201
202006 0.197 110.400 0.207
202009 0.207 111.700 0.215
202012 0.218 111.500 0.226
202103 0.223 112.662 0.229
202106 0.229 111.769 0.237
202109 0.230 112.215 0.237
202112 0.236 113.108 0.242
202203 0.241 114.335 0.244
202206 0.234 114.558 0.237
202209 0.227 115.339 0.228
202212 0.233 115.116 0.234
202303 0.239 115.116 0.240
202306 0.234 114.558 0.237
202309 0.235 115.339 0.236
202312 0.243 114.781 0.245
202403 0.241 115.227 0.242
202406 0.242 114.781 0.244
202409 0.249 115.785 0.249

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.


Shanghai Lingyun Curtain Wall Science And Technology Co  (SHSE:900957) 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.


Shanghai Lingyun Curtain Wall Science And Technology Co Cyclically Adjusted PB Ratio Related Terms

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Shanghai Lingyun Curtain Wall Science And Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1088 Yuanshen Road, Room 1201, 12th Floor, Ping An Fortune Building, Pudong New Area, Shanghai, CHN, 200122
Shanghai Lingyun Curtain Wall Science And Technology Co Ltd is a China-based company operating in the utility sector. Its activities are divided into the power generation business and real estate business. The power generation business generates power through its photovoltaic power stations. Real Estate business is engaged in the commercial property development, rental, and management. The power generation business contributes to most of the company's revenue.

Shanghai Lingyun Curtain Wall Science And Technology Co Headlines

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