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Shandong Oriental Ocean Sci-Tech Co (SZSE:002086) Cyclically Adjusted PB Ratio : 1.14 (As of Jun. 04, 2025)


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What is Shandong Oriental Ocean Sci-Tech Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Shandong Oriental Ocean Sci-Tech Co's current share price is ¥2.76. Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.43. Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio for today is 1.14.

The historical rank and industry rank for Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002086' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.04   Max: 7.33
Current: 1.11

During the past years, Shandong Oriental Ocean Sci-Tech Co's highest Cyclically Adjusted PB Ratio was 7.33. The lowest was 0.44. And the median was 1.04.

SZSE:002086's Cyclically Adjusted PB Ratio is ranked better than
58.58% of 1323 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs SZSE:002086: 1.11

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.

Shandong Oriental Ocean Sci-Tech Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥0.719. 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 ¥2.43 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Oriental Ocean Sci-Tech Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shandong Oriental Ocean Sci-Tech 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.

Shandong Oriental Ocean Sci-Tech Co Cyclically Adjusted PB Ratio Chart

Shandong Oriental Ocean Sci-Tech 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 0.51 0.90 0.88 1.03 1.16

Shandong Oriental Ocean Sci-Tech 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 0.85 0.81 0.88 1.16 1.14

Competitive Comparison of Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Shandong Oriental Ocean Sci-Tech 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.


Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio falls into.


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Shandong Oriental Ocean Sci-Tech 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.

Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.76/2.43
=1.14

* 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.

Shandong Oriental Ocean Sci-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shandong Oriental Ocean Sci-Tech 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)
=0.719/115.1156*115.1156
=0.719

Current CPI (Mar. 2025) = 115.1156.

Shandong Oriental Ocean Sci-Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.961 99.500 3.426
201509 2.105 100.500 2.411
201512 4.072 100.600 4.660
201603 4.080 102.200 4.596
201606 4.121 101.400 4.678
201609 4.130 102.400 4.643
201612 4.159 102.600 4.666
201703 4.162 103.200 4.643
201706 4.306 103.100 4.808
201709 4.316 104.100 4.773
201712 4.324 104.500 4.763
201803 3.931 105.300 4.297
201806 4.785 104.900 5.251
201809 4.806 106.600 5.190
201812 3.638 106.500 3.932
201903 3.640 107.700 3.891
201906 3.688 107.700 3.942
201909 3.685 109.800 3.863
201912 2.286 111.200 2.366
202003 2.341 112.300 2.400
202006 2.323 110.400 2.422
202009 2.314 111.700 2.385
202012 1.871 111.500 1.932
202103 1.867 112.662 1.908
202106 1.839 111.769 1.894
202109 1.806 112.215 1.853
202112 0.543 113.108 0.553
202203 0.528 114.335 0.532
202206 0.538 114.558 0.541
202209 0.534 115.339 0.533
202212 -1.544 115.116 -1.544
202303 -1.530 115.116 -1.530
202306 -1.569 114.558 -1.577
202309 -0.621 115.339 -0.620
202312 0.826 114.781 0.828
202403 0.818 115.227 0.817
202406 0.805 114.781 0.807
202409 0.790 115.785 0.785
202412 0.731 114.893 0.732
202503 0.719 115.116 0.719

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.


Shandong Oriental Ocean Sci-Tech Co  (SZSE:002086) 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.


Shandong Oriental Ocean Sci-Tech Co Cyclically Adjusted PB Ratio Related Terms

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Shandong Oriental Ocean Sci-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Aucma Street, Laishan District, Shandong Province, Yantai, CHN
Shandong Oriental Ocean Sci-Tech Co Ltd is mainly engaged in sea-farming, food processing and bonded storage in China.
Executives
Liu Yun Tao Supervisors
Che Shi Directors, executives
Zhan Shu Ping Directors, executives
Yu Chun Song Executives
Cong Yi Zhou Directors, executives
Li Cun Ming Directors, executives
Zhao Yu Shan Directors, executives
Yu Ke Xing Supervisors
Han Wen Jian Director
Tang Ji Yu Supervisors
Yu De Hai Executives

Shandong Oriental Ocean Sci-Tech Co Headlines

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