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Sinomach Precision Industry Group Co (SZSE:002046) Cyclically Adjusted PB Ratio : 3.03 (As of Jun. 05, 2025)


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What is Sinomach Precision Industry Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Sinomach Precision Industry Group Co's current share price is ¥16.48. Sinomach Precision Industry Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.44. Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio for today is 3.03.

The historical rank and industry rank for Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002046' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.44   Max: 8.21
Current: 2.89

During the past years, Sinomach Precision Industry Group Co's highest Cyclically Adjusted PB Ratio was 8.21. The lowest was 1.34. And the median was 2.44.

SZSE:002046's Cyclically Adjusted PB Ratio is ranked worse than
62.74% of 2182 companies
in the Industrial Products industry
Industry Median: 2.055 vs SZSE:002046: 2.89

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.

Sinomach Precision Industry Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥7.994. 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 ¥5.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinomach Precision Industry Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sinomach Precision Industry Group 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.

Sinomach Precision Industry Group Co Cyclically Adjusted PB Ratio Chart

Sinomach Precision Industry Group 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 2.32 3.18 2.24 2.25 2.62

Sinomach Precision Industry Group 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 1.96 1.94 2.14 2.62 2.87

Competitive Comparison of Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Sinomach Precision Industry Group 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.


Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio falls into.


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Sinomach Precision Industry Group 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.

Sinomach Precision Industry Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.48/5.44
=3.03

* 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.

Sinomach Precision Industry Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Sinomach Precision Industry Group 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)
=7.994/115.1156*115.1156
=7.994

Current CPI (Mar. 2025) = 115.1156.

Sinomach Precision Industry Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.949 99.500 4.569
201509 3.999 100.500 4.581
201512 3.571 100.600 4.086
201603 3.673 102.200 4.137
201606 3.725 101.400 4.229
201609 3.695 102.400 4.154
201612 6.013 102.600 6.746
201703 3.822 103.200 4.263
201706 3.832 103.100 4.279
201709 2.917 104.100 3.226
201712 4.538 104.500 4.999
201803 5.041 105.300 5.511
201806 5.010 104.900 5.498
201809 5.044 106.600 5.447
201812 5.107 106.500 5.520
201903 5.124 107.700 5.477
201906 5.117 107.700 5.469
201909 5.130 109.800 5.378
201912 5.157 111.200 5.339
202003 5.094 112.300 5.222
202006 5.188 110.400 5.410
202009 5.249 111.700 5.410
202012 5.290 111.500 5.462
202103 5.379 112.662 5.496
202106 5.488 111.769 5.652
202109 5.592 112.215 5.737
202112 5.501 113.108 5.599
202203 5.550 114.335 5.588
202206 5.611 114.558 5.638
202209 5.761 115.339 5.750
202212 5.851 115.116 5.851
202303 5.994 115.116 5.994
202306 6.052 114.558 6.081
202309 6.141 115.339 6.129
202312 6.182 114.781 6.200
202403 6.349 115.227 6.343
202406 6.351 114.781 6.370
202409 6.404 115.785 6.367
202412 6.575 114.893 6.588
202503 7.994 115.116 7.994

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.


Sinomach Precision Industry Group Co  (SZSE:002046) 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.


Sinomach Precision Industry Group Co Cyclically Adjusted PB Ratio Related Terms

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


Sinomach Precision Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Fenghua Road, High-tech Development Zone, Henan Province, Luoyang, CHN, 450199
Sinomach Precision Industry Group Co Ltd Formerly Sinomach Precision Industry Co Ltd is a diversified and international scientific and technological and innovative enterprise. Its business focuses on the field of precision manufacturing. It is engaged in the research and development, manufacturing, testing and testing of high-precision, high-reliability bearings, high-speed and high-efficiency superhard material products and related parts and components.
Executives
Zhao Xiang Gong Secretary Dong
Liu Bin Executives

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