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Yum China Holdings (STU:0YU) Cyclically Adjusted PB Ratio : 3.43 (As of Jun. 03, 2025)


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What is Yum China Holdings Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Yum China Holdings's current share price is €38.26. Yum China Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €11.14. Yum China Holdings's Cyclically Adjusted PB Ratio for today is 3.43.

The historical rank and industry rank for Yum China Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:0YU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.33   Med: 4.13   Max: 6.2
Current: 3.78

During the past 12 years, Yum China Holdings's highest Cyclically Adjusted PB Ratio was 6.20. The lowest was 3.33. And the median was 4.13.

STU:0YU's Cyclically Adjusted PB Ratio is ranked worse than
75.82% of 244 companies
in the Restaurants industry
Industry Median: 1.72 vs STU:0YU: 3.78

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.

Yum China Holdings's adjusted book value per share data of for the fiscal year that ended in Dec24 was €14.483. 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 €11.14 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yum China Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yum China Holdings'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.

Yum China Holdings Cyclically Adjusted PB Ratio Chart

Yum China Holdings 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 - - 5.45 4.01 4.17

Yum China Holdings 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 - - - 4.17 -

Competitive Comparison of Yum China Holdings's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Yum China Holdings'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.


Yum China Holdings's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yum China Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yum China Holdings's Cyclically Adjusted PB Ratio falls into.


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Yum China Holdings 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.

Yum China Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.26/11.14
=3.43

* 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.

Yum China Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Yum China Holdings'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)
=14.483/114.8925*114.8925
=14.483

Current CPI (Dec24) = 114.8925.

Yum China Holdings Annual Data

Book Value per Share CPI Adj_Book
201512 4.522 100.600 5.164
201612 5.890 102.600 6.596
201712 6.073 104.500 6.677
201812 6.663 106.500 7.188
201912 7.367 111.200 7.612
202012 12.146 111.500 12.516
202112 14.590 113.108 14.820
202212 14.604 115.116 14.576
202312 14.422 114.781 14.436
202412 14.483 114.893 14.483

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.


Yum China Holdings  (STU:0YU) 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.


Yum China Holdings Cyclically Adjusted PB Ratio Related Terms

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


Yum China Holdings Business Description

Address
20 Tian Yao Qiao Road, Yum China Building, Shanghai, CHN, 200030
With more than 16,000 units and almost USD 12 billion in systemwide sales in 2024, Yum China is the largest restaurant operator in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (11,648 units) and Pizza Hut (3,724), but the company's portfolio also includes other brands such as Little Sheep, Taco Bell, Huang Ji Huang, and Lavazza (collectively representing more than 1,000 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.

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