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China Shenhua Energy Co (STU:IKF) Cyclically Adjusted PB Ratio : 2.52 (As of May. 26, 2024)


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What is China Shenhua Energy Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), China Shenhua Energy Co's current share price is €4.19. China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.66. China Shenhua Energy Co's Cyclically Adjusted PB Ratio for today is 2.52.

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

STU:IKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.39   Max: 2.3
Current: 2.27

During the past years, China Shenhua Energy Co's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 0.93. And the median was 1.39.

STU:IKF's Cyclically Adjusted PB Ratio is ranked worse than
68.61% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.61 vs STU:IKF: 2.27

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.

China Shenhua Energy Co's adjusted book value per share data for the three months ended in Mar. 2024 was €2.742. 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 €1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shenhua Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted PB Ratio Chart

China Shenhua Energy 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 1.18 1.12 1.34 1.57 1.74

China Shenhua Energy 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 1.59 1.73 1.74 1.74 2.15

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Cyclically Adjusted PB Ratio falls into.



China Shenhua Energy 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.

China Shenhua Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.19/1.66
=2.52

* 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.

China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Shenhua Energy 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)
=2.742/115.2271*115.2271
=2.742

Current CPI (Mar. 2024) = 115.2271.

China Shenhua Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.648 98.200 1.934
201409 1.816 98.900 2.116
201412 1.945 99.000 2.264
201503 2.219 99.900 2.559
201506 2.095 99.500 2.426
201509 2.080 100.500 2.385
201512 2.095 100.600 2.400
201603 2.067 102.200 2.330
201606 2.022 101.400 2.298
201609 2.054 102.400 2.311
201612 2.151 102.600 2.416
201703 2.220 103.200 2.479
201706 1.841 103.100 2.058
201709 1.877 104.100 2.078
201712 1.943 104.500 2.142
201803 2.024 105.300 2.215
201806 2.051 104.900 2.253
201809 2.017 106.600 2.180
201812 2.104 106.500 2.276
201903 2.259 107.700 2.417
201906 2.160 107.700 2.311
201909 2.226 109.800 2.336
201912 2.271 111.200 2.353
202003 2.346 112.300 2.407
202006 2.190 110.400 2.286
202009 2.245 111.700 2.316
202012 2.276 111.500 2.352
202103 2.417 112.662 2.472
202106 2.283 111.769 2.354
202109 2.429 112.215 2.494
202112 2.634 113.108 2.683
202203 2.860 114.335 2.882
202206 2.627 114.558 2.642
202209 2.824 115.339 2.821
202212 2.684 115.116 2.687
202303 2.834 115.116 2.837
202306 2.471 114.558 2.485
202309 2.565 115.339 2.563
202312 2.642 114.781 2.652
202403 2.742 115.227 2.742

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 Shenhua Energy Co  (STU:IKF) 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 Shenhua Energy Co Cyclically Adjusted PB Ratio Related Terms

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


China Shenhua Energy Co (STU:IKF) Business Description

Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

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