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China Wuyi Co (SZSE:000797) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 20, 2024)


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What is China Wuyi Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), China Wuyi Co's current share price is ¥2.35. China Wuyi Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.75. China Wuyi Co's Cyclically Adjusted PB Ratio for today is 0.85.

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

SZSE:000797' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.44   Max: 13.68
Current: 0.86

During the past years, China Wuyi Co's highest Cyclically Adjusted PB Ratio was 13.68. The lowest was 0.85. And the median was 2.44.

SZSE:000797's Cyclically Adjusted PB Ratio is ranked worse than
59.59% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs SZSE:000797: 0.86

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 Wuyi Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.302. 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 ¥2.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Wuyi Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Wuyi 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 Wuyi Co Cyclically Adjusted PB Ratio Chart

China Wuyi 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 2.00 1.60 1.17 1.45 1.11

China Wuyi 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 1.27 1.25 1.18 1.11 0.96

Competitive Comparison of China Wuyi Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, China Wuyi 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 Wuyi Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Wuyi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.35/2.75
=0.85

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

For example, China Wuyi 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)
=3.302/115.2271*115.2271
=3.302

Current CPI (Mar. 2024) = 115.2271.

China Wuyi Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.047 98.200 1.229
201409 1.081 98.900 1.259
201412 1.105 99.000 1.286
201503 0.835 99.900 0.963
201506 0.855 99.500 0.990
201509 0.806 100.500 0.924
201512 0.933 100.600 1.069
201603 1.320 102.200 1.488
201606 1.325 101.400 1.506
201609 1.309 102.400 1.473
201612 1.439 102.600 1.616
201703 1.477 103.200 1.649
201706 1.434 103.100 1.603
201709 1.450 104.100 1.605
201712 3.446 104.500 3.800
201803 3.455 105.300 3.781
201806 3.441 104.900 3.780
201809 3.504 106.600 3.788
201812 3.576 106.500 3.869
201903 3.598 107.700 3.849
201906 3.571 107.700 3.821
201909 3.630 109.800 3.809
201912 3.543 111.200 3.671
202003 3.555 112.300 3.648
202006 3.450 110.400 3.601
202009 3.393 111.700 3.500
202012 3.407 111.500 3.521
202103 3.422 112.662 3.500
202106 3.365 111.769 3.469
202109 3.357 112.215 3.447
202112 3.280 113.108 3.341
202203 3.283 114.335 3.309
202206 3.293 114.558 3.312
202209 3.321 115.339 3.318
202212 3.276 115.116 3.279
202303 3.173 115.116 3.176
202306 3.153 114.558 3.171
202309 3.209 115.339 3.206
202312 3.215 114.781 3.227
202403 3.302 115.227 3.302

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 Wuyi Co  (SZSE:000797) 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 Wuyi Co Cyclically Adjusted PB Ratio Related Terms

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


China Wuyi Co (SZSE:000797) Business Description

Traded in Other Exchanges
N/A
Address
No. 89, Wusi Road, Hot Spring Street, 4th Floor, Landmark Plaza, Gulou District, Fujian Province, Fuzhou, CHN, 350003
China Wuyi Co Ltd located in China is engaged in real estate development and the international engineering and contracting business.
Executives
Lin Zeng Zhong Director
Lei Yun Independent director
Zhuang Fa Yu Executives
Zheng Jian Xin Director
Yu Qing Executives
Xiao Gao Meng Executives
Chen Wei Supervisors
Liu Zhong Yi Supervisors
Lin Jin Zhu Executives
Liang Chao Supervisors, within half a year of separation

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