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SIELF (Shanghai Electric Group Co) Cyclically Adjusted PB Ratio : 2.17 (As of Apr. 27, 2025)


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What is Shanghai Electric Group Co Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Shanghai Electric Group Co's current share price is $0.3685. Shanghai Electric Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.17. Shanghai Electric Group Co's Cyclically Adjusted PB Ratio for today is 2.17.

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

SIELF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.52   Max: 3.26
Current: 1.86

During the past years, Shanghai Electric Group Co's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 0.93. And the median was 1.52.

SIELF's Cyclically Adjusted PB Ratio is ranked worse than
51.12% of 2048 companies
in the Industrial Products industry
Industry Median: 1.78 vs SIELF: 1.86

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 Electric Group Co's adjusted book value per share data for the three months ended in Dec. 2024 was $0.469. 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 $0.17 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Electric Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Electric 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.

Shanghai Electric Group Co Cyclically Adjusted PB Ratio Chart

Shanghai Electric 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 1.57 1.34 1.05 1.09 2.10

Shanghai Electric Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.09 1.10 0.97 1.17 2.10

Competitive Comparison of Shanghai Electric Group Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Shanghai Electric 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.


Shanghai Electric Group Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Electric Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Shanghai Electric 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.

Shanghai Electric Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3685/0.17
=2.17

* 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 Electric Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Shanghai Electric Group Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.469/114.8925*114.8925
=0.469

Current CPI (Dec. 2024) = 114.8925.

Shanghai Electric Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.455 99.900 0.523
201506 0.463 99.500 0.535
201509 0.452 100.500 0.517
201512 0.475 100.600 0.542
201603 0.451 102.200 0.507
201606 0.484 101.400 0.548
201609 0.497 102.400 0.558
201612 0.515 102.600 0.577
201703 0.493 103.200 0.549
201706 0.509 103.100 0.567
201709 0.559 104.100 0.617
201712 0.577 104.500 0.634
201803 0.607 105.300 0.662
201806 0.593 104.900 0.649
201809 0.563 106.600 0.607
201812 0.565 106.500 0.610
201903 0.588 107.700 0.627
201906 0.587 107.700 0.626
201909 0.572 109.800 0.599
201912 0.596 111.200 0.616
202003 0.597 112.300 0.611
202006 0.606 110.400 0.631
202009 0.628 111.700 0.646
202012 0.669 111.500 0.689
202103 0.684 112.662 0.698
202106 0.630 111.769 0.648
202109 0.633 112.215 0.648
202112 0.581 113.108 0.590
202203 0.588 114.335 0.591
202206 0.550 114.558 0.552
202209 0.520 115.339 0.518
202212 0.505 115.116 0.504
202303 0.514 115.116 0.513
202306 0.476 114.558 0.477
202309 0.468 115.339 0.466
202312 0.501 114.781 0.501
202403 0.470 115.227 0.469
202406 0.472 114.781 0.472
202409 0.486 115.785 0.482
202412 0.469 114.893 0.469

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 Electric Group Co  (OTCPK:SIELF) 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 Electric Group Co Cyclically Adjusted PB Ratio Related Terms

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


Shanghai Electric Group Co Business Description

Address
No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002
Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.