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Cosco Shipping Development Co (STU:EZ5) Cyclically Adjusted PB Ratio : 1.64 (As of Jun. 04, 2024)


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What is Cosco Shipping Development Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Cosco Shipping Development Co's current share price is €0.115. Cosco Shipping Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.07. Cosco Shipping Development Co's Cyclically Adjusted PB Ratio for today is 1.64.

The historical rank and industry rank for Cosco Shipping Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:EZ5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.26   Max: 2.29
Current: 1.29

During the past years, Cosco Shipping Development Co's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.83. And the median was 1.26.

STU:EZ5's Cyclically Adjusted PB Ratio is ranked better than
70.24% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.43 vs STU:EZ5: 1.29

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.

Cosco Shipping Development Co's adjusted book value per share data for the three months ended in Mar. 2024 was €0.279. 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 €0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosco Shipping Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Cyclically Adjusted PB Ratio Chart

Cosco Shipping Development 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 1.16 1.38 1.54 1.15 1.14

Cosco Shipping Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.18 1.19 1.15 1.14 1.13

Competitive Comparison of Cosco Shipping Development Co's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.


Cosco Shipping Development Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Cyclically Adjusted PB Ratio falls into.



Cosco Shipping Development 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.

Cosco Shipping Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.115/0.07
=1.64

* 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.

Cosco Shipping Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cosco Shipping Development Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.279/115.2271*115.2271
=0.279

Current CPI (Mar. 2024) = 115.2271.

Cosco Shipping Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.245 98.200 0.287
201409 0.264 98.900 0.308
201412 0.278 99.000 0.324
201503 0.318 99.900 0.367
201506 0.305 99.500 0.353
201509 0.286 100.500 0.328
201512 0.546 100.600 0.625
201603 0.213 102.200 0.240
201606 0.160 101.400 0.182
201609 0.159 102.400 0.179
201612 0.155 102.600 0.174
201703 0.159 103.200 0.178
201706 0.159 103.100 0.178
201709 0.157 104.100 0.174
201712 0.177 104.500 0.195
201803 0.185 105.300 0.202
201806 0.185 104.900 0.203
201809 0.178 106.600 0.192
201812 0.197 106.500 0.213
201903 0.234 107.700 0.250
201906 0.260 107.700 0.278
201909 0.261 109.800 0.274
201912 0.268 111.200 0.278
202003 0.271 112.300 0.278
202006 0.259 110.400 0.270
202009 0.270 111.700 0.279
202012 0.297 111.500 0.307
202103 0.278 112.662 0.284
202106 0.289 111.769 0.298
202109 0.277 112.215 0.284
202112 0.334 113.108 0.340
202203 0.343 114.335 0.346
202206 0.289 114.558 0.291
202209 0.308 115.339 0.308
202212 0.288 115.116 0.288
202303 0.289 115.116 0.289
202306 0.275 114.558 0.277
202309 0.274 115.339 0.274
202312 0.277 114.781 0.278
202403 0.279 115.227 0.279

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.


Cosco Shipping Development Co  (STU:EZ5) 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.


Cosco Shipping Development Co Cyclically Adjusted PB Ratio Related Terms

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


Cosco Shipping Development Co (STU:EZ5) Business Description

Traded in Other Exchanges
Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

Cosco Shipping Development Co (STU:EZ5) Headlines

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