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Sanquan Food Co (SZSE:002216) Cyclically Adjusted PB Ratio : 4.14 (As of May. 22, 2024)


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What is Sanquan Food Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Sanquan Food Co's current share price is ¥12.93. Sanquan Food Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.12. Sanquan Food Co's Cyclically Adjusted PB Ratio for today is 4.14.

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

SZSE:002216' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.37   Med: 5.12   Max: 15.5
Current: 4.16

During the past years, Sanquan Food Co's highest Cyclically Adjusted PB Ratio was 15.50. The lowest was 2.37. And the median was 5.12.

SZSE:002216's Cyclically Adjusted PB Ratio is ranked worse than
84.56% of 1263 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs SZSE:002216: 4.16

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.

Sanquan Food Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥5.197. 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 ¥3.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanquan Food Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanquan Food 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.

Sanquan Food Co Cyclically Adjusted PB Ratio Chart

Sanquan Food 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 5.84 9.87 7.81 6.58 4.40

Sanquan Food 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 5.73 5.35 4.92 4.40 3.81

Competitive Comparison of Sanquan Food Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Sanquan Food 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.


Sanquan Food Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanquan Food Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanquan Food 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.

Sanquan Food Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.93/3.12
=4.14

* 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.

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

For example, Sanquan Food 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)
=5.197/115.2271*115.2271
=5.197

Current CPI (Mar. 2024) = 115.2271.

Sanquan Food Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.079 98.200 2.439
201409 2.084 98.900 2.428
201412 2.098 99.000 2.442
201503 2.128 99.900 2.454
201506 2.155 99.500 2.496
201509 2.162 100.500 2.479
201512 2.125 100.600 2.434
201603 2.147 102.200 2.421
201606 2.185 101.400 2.483
201609 2.163 102.400 2.434
201612 2.131 102.600 2.393
201703 2.169 103.200 2.422
201706 2.221 103.100 2.482
201709 2.236 104.100 2.475
201712 2.235 104.500 2.464
201803 2.272 105.300 2.486
201806 2.323 104.900 2.552
201809 2.343 106.600 2.533
201812 2.316 106.500 2.506
201903 2.359 107.700 2.524
201906 2.387 107.700 2.554
201909 2.421 109.800 2.541
201912 2.535 111.200 2.627
202003 2.828 112.300 2.902
202006 2.995 110.400 3.126
202009 3.130 111.700 3.229
202012 3.405 111.500 3.519
202103 3.645 112.662 3.728
202106 3.301 111.769 3.403
202109 3.442 112.215 3.534
202112 3.677 113.108 3.746
202203 3.979 114.335 4.010
202206 3.978 114.558 4.001
202209 4.090 115.339 4.086
202212 4.414 115.116 4.418
202303 4.736 115.116 4.741
202306 4.564 114.558 4.591
202309 4.698 115.339 4.693
202312 4.936 114.781 4.955
202403 5.197 115.227 5.197

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.


Sanquan Food Co  (SZSE:002216) 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.


Sanquan Food Co Cyclically Adjusted PB Ratio Related Terms

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


Sanquan Food Co (SZSE:002216) Business Description

Traded in Other Exchanges
N/A
Address
Tianhe Road, the middle Huiji, Zhengzhou, CHN, 50044
Sanquan Food Co Ltd is a China-based company principally engaged in the production and distribution of quick-frozen food products. The company has two well-known brands - Sanquan and Longfeng.

Sanquan Food Co (SZSE:002216) Headlines

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