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Ning Xia Yin Xing Energy Co (SZSE:000862) Cyclically Adjusted PB Ratio : 1.34 (As of Jun. 05, 2025)


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What is Ning Xia Yin Xing Energy Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Ning Xia Yin Xing Energy Co's current share price is ¥5.48. Ning Xia Yin Xing Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.09. Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio for today is 1.34.

The historical rank and industry rank for Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:000862' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.95   Max: 10.01
Current: 1.34

During the past years, Ning Xia Yin Xing Energy Co's highest Cyclically Adjusted PB Ratio was 10.01. The lowest was 1.01. And the median was 1.95.

SZSE:000862's Cyclically Adjusted PB Ratio is ranked better than
63.67% of 2172 companies
in the Industrial Products industry
Industry Median: 2.05 vs SZSE:000862: 1.34

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.

Ning Xia Yin Xing Energy Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.706. 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 ¥4.09 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ning Xia Yin Xing Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ning Xia Yin Xing 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.

Ning Xia Yin Xing Energy Co Cyclically Adjusted PB Ratio Chart

Ning Xia Yin Xing Energy 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 1.54 2.72 1.78 1.61 1.22

Ning Xia Yin Xing Energy 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 1.44 1.20 1.24 1.22 1.18

Competitive Comparison of Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Ning Xia Yin Xing 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.


Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio falls into.


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Ning Xia Yin Xing 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.

Ning Xia Yin Xing Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.48/4.09
=1.34

* 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.

Ning Xia Yin Xing Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ning Xia Yin Xing Energy 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)
=4.706/115.1156*115.1156
=4.706

Current CPI (Mar. 2025) = 115.1156.

Ning Xia Yin Xing Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.138 99.500 3.630
201509 3.079 100.500 3.527
201512 2.904 100.600 3.323
201603 2.758 102.200 3.107
201606 2.820 101.400 3.201
201609 2.866 102.400 3.222
201612 5.124 102.600 5.749
201703 3.920 103.200 4.373
201706 3.896 103.100 4.350
201709 3.835 104.100 4.241
201712 4.046 104.500 4.457
201803 3.682 105.300 4.025
201806 3.729 104.900 4.092
201809 3.748 106.600 4.047
201812 3.671 106.500 3.968
201903 3.687 107.700 3.941
201906 3.725 107.700 3.981
201909 3.712 109.800 3.892
201912 3.712 111.200 3.843
202003 3.719 112.300 3.812
202006 3.752 110.400 3.912
202009 3.758 111.700 3.873
202012 3.761 111.500 3.883
202103 3.868 112.662 3.952
202106 3.914 111.769 4.031
202109 3.965 112.215 4.067
202112 3.898 113.108 3.967
202203 3.934 114.335 3.961
202206 3.998 114.558 4.017
202209 4.080 115.339 4.072
202212 4.632 115.116 4.632
202303 4.156 115.116 4.156
202306 3.955 114.558 3.974
202309 4.579 115.339 4.570
202312 4.527 114.781 4.540
202403 4.579 115.227 4.575
202406 4.673 114.781 4.687
202409 4.738 115.785 4.711
202412 4.623 114.893 4.632
202503 4.706 115.116 4.706

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.


Ning Xia Yin Xing Energy Co  (SZSE:000862) 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.


Ning Xia Yin Xing Energy Co Cyclically Adjusted PB Ratio Related Terms

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


Ning Xia Yin Xing Energy Co Business Description

Traded in Other Exchanges
N/A
Address
No.166, Liupanshan West Road, Xixia District, Ningxia, Wuzhong, CHN, 750021
Ning Xia Yin Xing Energy Co Ltd is a China-based company engaged in the energy equipment manufacturing. The company operates through two business divisions including renewable energy generation and renewable energy equipment manufacturing. The renewable energy equipment manufacturing consists of wind power equipment manufacturing and solar photovoltaic power equipment manufacturing. The company is engaged in renewable energy generation through its wind farms located at china. It also offers products for renewable energy equipment manufacturing including photovoltaic cells, photovoltaic modules, wind tower, wind power gearbox, and wind turbine.
Executives
Zhu Huai Wen Executives

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