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Yunnan Aluminium Co (SZSE:000807) Cyclically Adjusted PB Ratio : 3.36 (As of Jun. 13, 2024)


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What is Yunnan Aluminium Co Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Yunnan Aluminium Co's current share price is ¥14.77. Yunnan Aluminium Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.39. Yunnan Aluminium Co's Cyclically Adjusted PB Ratio for today is 3.36.

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

SZSE:000807' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.54   Max: 5.98
Current: 3.41

During the past years, Yunnan Aluminium Co's highest Cyclically Adjusted PB Ratio was 5.98. The lowest was 1.15. And the median was 2.54.

SZSE:000807's Cyclically Adjusted PB Ratio is ranked worse than
84.78% of 1636 companies
in the Metals & Mining industry
Industry Median: 0.84 vs SZSE:000807: 3.41

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.

Yunnan Aluminium Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥7.759. 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 ¥4.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Aluminium Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yunnan Aluminium 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.

Yunnan Aluminium Co Cyclically Adjusted PB Ratio Chart

Yunnan Aluminium 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 1.57 2.27 3.19 2.88 2.88

Yunnan Aluminium 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 3.45 3.16 3.63 2.88 3.15

Competitive Comparison of Yunnan Aluminium Co's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Yunnan Aluminium 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.


Yunnan Aluminium Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yunnan Aluminium Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yunnan Aluminium 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.

Yunnan Aluminium Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.77/4.39
=3.36

* 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.

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

For example, Yunnan Aluminium 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)
=7.759/115.2271*115.2271
=7.759

Current CPI (Mar. 2024) = 115.2271.

Yunnan Aluminium Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.342 98.200 2.748
201409 2.343 98.900 2.730
201412 2.882 99.000 3.354
201503 1.767 99.900 2.038
201506 2.974 99.500 3.444
201509 2.959 100.500 3.393
201512 2.958 100.600 3.388
201603 2.947 102.200 3.323
201606 2.993 101.400 3.401
201609 3.066 102.400 3.450
201612 3.547 102.600 3.984
201703 3.590 103.200 4.008
201706 3.604 103.100 4.028
201709 3.709 104.100 4.105
201712 3.786 104.500 4.175
201803 3.742 105.300 4.095
201806 3.760 104.900 4.130
201809 3.783 106.600 4.089
201812 3.175 106.500 3.435
201903 3.196 107.700 3.419
201906 3.238 107.700 3.464
201909 3.292 109.800 3.455
201912 4.189 111.200 4.341
202003 3.534 112.300 3.626
202006 3.560 110.400 3.716
202009 3.667 111.700 3.783
202012 3.774 111.500 3.900
202103 4.000 112.662 4.091
202106 4.428 111.769 4.565
202109 4.357 112.215 4.474
202112 5.250 113.108 5.348
202203 5.574 114.335 5.618
202206 5.911 114.558 5.946
202209 6.224 115.339 6.218
202212 6.445 115.116 6.451
202303 6.700 115.116 6.706
202306 6.724 114.558 6.763
202309 7.010 115.339 7.003
202312 7.419 114.781 7.448
202403 7.759 115.227 7.759

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.


Yunnan Aluminium Co  (SZSE:000807) 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.


Yunnan Aluminium Co Cyclically Adjusted PB Ratio Related Terms

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


Yunnan Aluminium Co (SZSE:000807) Business Description

Traded in Other Exchanges
N/A
Address
Zhoucheng Street, Yunnan, Yangzonghai, Kunming, CHN, 650502
Yunnan Aluminium Co Ltd is the practitioners of the development of green low-carbon hydropower aluminum in China. Companies business unit contains Aluminium foil, Aluminium strip, Electrician round aluminum rod, Cast aluminum alloy, Aluminium Ingot, Carbon for aluminum, alumina, Logistic hub and Equipment manufacturing base.
Executives
Luo Ling Zhi Supervisors
Zhang Zheng Ji Directors, executives
Ding Ji Lin Directors, executives
Yang Ye Wei Executives
Ning Ping Independent director
Yao Bin Supervisors
Zhang Chun Sheng Directors, executives
Hao Hong Jie Director
Yin Chun Hong Executives
He Yue Gui Executives
Jiao Yun Directors, executives
Wang Lin Supervisors
Ma Yun Biao Executives
Hua Yi Xin Independent director
Hu Lie Qu Independent director

Yunnan Aluminium Co (SZSE:000807) Headlines

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