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China Railway Construction (STU:4FF) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2025)


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What is China Railway Construction Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Railway Construction Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Railway Construction'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.

China Railway Construction Cyclically Adjusted PB Ratio Chart

China Railway Construction 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 0.79 0.68 0.59 0.52 0.57

China Railway Construction 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 0.57 0.56 0.56 0.57 0.48

Competitive Comparison of China Railway Construction's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, China Railway Construction'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.


China Railway Construction's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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China Railway Construction 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.

China Railway Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, China Railway Construction's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.145/115.1156*115.1156
=3.145

Current CPI (Mar. 2025) = 115.1156.

China Railway Construction Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.103 99.500 1.276
201509 1.105 100.500 1.266
201512 1.171 100.600 1.340
201603 1.168 102.200 1.316
201606 1.224 101.400 1.390
201609 1.242 102.400 1.396
201612 1.323 102.600 1.484
201703 1.338 103.200 1.492
201706 1.303 103.100 1.455
201709 1.312 104.100 1.451
201712 1.403 104.500 1.546
201803 1.468 105.300 1.605
201806 1.560 104.900 1.712
201809 1.514 106.600 1.635
201812 1.598 106.500 1.727
201903 1.691 107.700 1.807
201906 1.632 107.700 1.744
201909 1.726 109.800 1.810
201912 1.984 111.200 2.054
202003 2.013 112.300 2.063
202006 1.985 110.400 2.070
202009 2.046 111.700 2.109
202012 2.354 111.500 2.430
202103 2.427 112.662 2.480
202106 2.447 111.769 2.520
202109 2.536 112.215 2.602
202112 2.750 113.108 2.799
202203 2.885 114.335 2.905
202206 2.922 114.558 2.936
202209 2.996 115.339 2.990
202212 2.896 115.116 2.896
202303 2.950 115.116 2.950
202306 2.871 114.558 2.885
202309 2.912 115.339 2.906
202312 2.930 114.781 2.939
202403 2.969 115.227 2.966
202406 2.985 114.781 2.994
202409 3.019 115.785 3.002
202412 3.171 114.893 3.177
202503 3.145 115.116 3.145

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.


China Railway Construction  (STU:4FF) 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.


China Railway Construction Cyclically Adjusted PB Ratio Related Terms

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China Railway Construction Business Description

Traded in Other Exchanges
Address
East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segments: Construction, Planning & Design, manufacturing and Real Estate; and Other Business Operations. The firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

China Railway Construction Headlines

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