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FAWER Automotive Parts Co (SZSE:000030) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 21, 2024)


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What is FAWER Automotive Parts Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), FAWER Automotive Parts Co's current share price is ¥5.42. FAWER Automotive Parts Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.64. FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio for today is 1.49.

The historical rank and industry rank for FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:000030' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.33   Max: 24.36
Current: 1.49

During the past years, FAWER Automotive Parts Co's highest Cyclically Adjusted PB Ratio was 24.36. The lowest was 1.20. And the median was 2.33.

SZSE:000030's Cyclically Adjusted PB Ratio is ranked worse than
54.62% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs SZSE:000030: 1.49

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.

FAWER Automotive Parts Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥4.502. 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 ¥3.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FAWER Automotive Parts Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FAWER Automotive Parts 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.

FAWER Automotive Parts Co Cyclically Adjusted PB Ratio Chart

FAWER Automotive Parts 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 2.89 2.78 2.28 1.30 1.49

FAWER Automotive Parts 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 1.39 1.45 1.48 1.49 1.47

Competitive Comparison of FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, FAWER Automotive Parts 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.


FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio falls into.



FAWER Automotive Parts 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.

FAWER Automotive Parts Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.42/3.64
=1.49

* 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.

FAWER Automotive Parts Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, FAWER Automotive Parts 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)
=4.502/115.2271*115.2271
=4.502

Current CPI (Mar. 2024) = 115.2271.

FAWER Automotive Parts Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.201 98.200 2.583
201409 2.252 98.900 2.624
201412 2.367 99.000 2.755
201503 2.459 99.900 2.836
201506 2.459 99.500 2.848
201509 2.511 100.500 2.879
201512 2.587 100.600 2.963
201603 2.675 102.200 3.016
201606 2.687 101.400 3.053
201609 2.771 102.400 3.118
201612 2.858 102.600 3.210
201703 2.982 103.200 3.330
201706 2.969 103.100 3.318
201709 3.074 104.100 3.403
201712 3.176 104.500 3.502
201803 3.305 105.300 3.617
201806 3.304 104.900 3.629
201809 3.404 106.600 3.679
201812 3.524 106.500 3.813
201903 3.553 107.700 3.801
201906 3.439 107.700 3.679
201909 3.533 109.800 3.708
201912 3.679 111.200 3.812
202003 3.745 112.300 3.843
202006 3.758 110.400 3.922
202009 3.902 111.700 4.025
202012 4.011 111.500 4.145
202103 4.136 112.662 4.230
202106 4.002 111.769 4.126
202109 4.029 112.215 4.137
202112 4.127 113.108 4.204
202203 4.144 114.335 4.176
202206 3.903 114.558 3.926
202209 4.008 115.339 4.004
202212 4.127 115.116 4.131
202303 4.341 115.116 4.345
202306 4.185 114.558 4.209
202309 4.274 115.339 4.270
202312 4.405 114.781 4.422
202403 4.502 115.227 4.502

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.


FAWER Automotive Parts Co  (SZSE:000030) 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.


FAWER Automotive Parts Co Cyclically Adjusted PB Ratio Related Terms

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


FAWER Automotive Parts Co (SZSE:000030) Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co (SZSE:000030) Headlines

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