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Grand Industrial Holding Co (SZSE:000626) Cyclically Adjusted PB Ratio : 1.28 (As of Jun. 04, 2025)


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What is Grand Industrial Holding Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Grand Industrial Holding Co's current share price is ¥6.47. Grand Industrial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.04. Grand Industrial Holding Co's Cyclically Adjusted PB Ratio for today is 1.28.

The historical rank and industry rank for Grand Industrial Holding Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:000626' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 3.41   Max: 52.06
Current: 1.29

During the past years, Grand Industrial Holding Co's highest Cyclically Adjusted PB Ratio was 52.06. The lowest was 0.83. And the median was 3.41.

SZSE:000626's Cyclically Adjusted PB Ratio is ranked better than
59.16% of 191 companies
in the Agriculture industry
Industry Median: 1.66 vs SZSE:000626: 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.

Grand Industrial Holding Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.641. 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 ¥5.04 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Industrial Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grand Industrial Holding 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.

Grand Industrial Holding Co Cyclically Adjusted PB Ratio Chart

Grand Industrial Holding Co 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 4.46 6.82 2.24 1.58 1.16

Grand Industrial Holding Co 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 1.17 0.86 1.08 1.16 1.03

Competitive Comparison of Grand Industrial Holding Co's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Grand Industrial Holding 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.


Grand Industrial Holding Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Grand Industrial Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Industrial Holding Co's Cyclically Adjusted PB Ratio falls into.


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Grand Industrial Holding 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.

Grand Industrial Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.47/5.04
=1.28

* 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.

Grand Industrial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Grand Industrial Holding Co'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)
=4.641/115.1156*115.1156
=4.641

Current CPI (Mar. 2025) = 115.1156.

Grand Industrial Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.095 99.500 2.424
201509 2.248 100.500 2.575
201512 2.374 100.600 2.717
201603 1.883 102.200 2.121
201606 4.803 101.400 5.453
201609 4.745 102.400 5.334
201612 4.734 102.600 5.311
201703 4.893 103.200 5.458
201706 5.145 103.100 5.745
201709 4.979 104.100 5.506
201712 4.265 104.500 4.698
201803 4.215 105.300 4.608
201806 4.201 104.900 4.610
201809 4.679 106.600 5.053
201812 4.776 106.500 5.162
201903 4.805 107.700 5.136
201906 4.845 107.700 5.179
201909 4.894 109.800 5.131
201912 5.130 111.200 5.311
202003 4.826 112.300 4.947
202006 4.946 110.400 5.157
202009 5.027 111.700 5.181
202012 4.863 111.500 5.021
202103 5.326 112.662 5.442
202106 5.454 111.769 5.617
202109 5.702 112.215 5.849
202112 5.660 113.108 5.760
202203 5.681 114.335 5.720
202206 5.771 114.558 5.799
202209 5.942 115.339 5.931
202212 5.928 115.116 5.928
202303 5.940 115.116 5.940
202306 5.967 114.558 5.996
202309 5.884 115.339 5.873
202312 5.188 114.781 5.203
202403 5.179 115.227 5.174
202406 5.117 114.781 5.132
202409 5.030 115.785 5.001
202412 4.617 114.893 4.626
202503 4.641 115.116 4.641

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.


Grand Industrial Holding Co  (SZSE:000626) 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.


Grand Industrial Holding Co Cyclically Adjusted PB Ratio Related Terms

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


Grand Industrial Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Beijiao Road, Xinpu District, Lianyungang, Jiangsu, CHN, 222006
Grand Industrial Holding Co Ltd is principally engaged in manufacturing and distributing agricultural and sideline products, aquatic products, seeds, pesticides and fertilizers.
Executives
Xu Qiang Directors, executives
Ding Xing Chao Supervisors

Grand Industrial Holding Co Headlines

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