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Zhejiang Dahua Technology Co (SZSE:002236) Cyclically Adjusted PB Ratio : 2.47 (As of Jun. 05, 2025)


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What is Zhejiang Dahua Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Zhejiang Dahua Technology Co's current share price is ¥15.56. Zhejiang Dahua Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.29. Zhejiang Dahua Technology Co's Cyclically Adjusted PB Ratio for today is 2.47.

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

SZSE:002236' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 7.51   Max: 23.33
Current: 2.42

During the past years, Zhejiang Dahua Technology Co's highest Cyclically Adjusted PB Ratio was 23.33. The lowest was 2.34. And the median was 7.51.

SZSE:002236's Cyclically Adjusted PB Ratio is ranked worse than
65.89% of 686 companies
in the Business Services industry
Industry Median: 1.555 vs SZSE:002236: 2.42

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.

Zhejiang Dahua Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥11.138. 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 ¥6.29 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Dahua Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhejiang Dahua Technology 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.

Zhejiang Dahua Technology Co Cyclically Adjusted PB Ratio Chart

Zhejiang Dahua Technology 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 7.12 6.67 2.61 3.57 2.64

Zhejiang Dahua Technology 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 3.49 2.76 2.93 2.64 2.71

Competitive Comparison of Zhejiang Dahua Technology Co's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Zhejiang Dahua Technology 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.


Zhejiang Dahua Technology Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Dahua Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Dahua Technology Co's Cyclically Adjusted PB Ratio falls into.


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Zhejiang Dahua Technology 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.

Zhejiang Dahua Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.56/6.29
=2.47

* 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.

Zhejiang Dahua Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zhejiang Dahua Technology 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)
=11.138/115.1156*115.1156
=11.138

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Dahua Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.902 99.500 2.201
201509 2.022 100.500 2.316
201512 2.239 100.600 2.562
201603 2.277 102.200 2.565
201606 2.453 101.400 2.785
201609 2.579 102.400 2.899
201612 2.841 102.600 3.188
201703 2.942 103.200 3.282
201706 3.128 103.100 3.493
201709 3.288 104.100 3.636
201712 3.611 104.500 3.978
201803 3.715 105.300 4.061
201806 3.787 104.900 4.156
201809 3.949 106.600 4.264
201812 4.208 106.500 4.548
201903 4.334 107.700 4.632
201906 4.523 107.700 4.834
201909 4.698 109.800 4.925
201912 5.200 111.200 5.383
202003 5.316 112.300 5.449
202006 5.659 110.400 5.901
202009 6.173 111.700 6.362
202012 6.601 111.500 6.815
202103 6.920 112.662 7.071
202106 7.178 111.769 7.393
202109 7.564 112.215 7.759
202112 7.884 113.108 8.024
202203 8.012 114.335 8.067
202206 8.135 114.558 8.175
202209 8.282 115.339 8.266
202212 8.518 115.116 8.518
202303 9.493 115.116 9.493
202306 9.732 114.558 9.779
202309 9.946 115.339 9.927
202312 10.539 114.781 10.570
202403 10.725 115.227 10.715
202406 10.747 114.781 10.778
202409 10.855 115.785 10.792
202412 10.932 114.893 10.953
202503 11.138 115.116 11.138

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.


Zhejiang Dahua Technology Co  (SZSE:002236) 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.


Zhejiang Dahua Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Zhejiang Dahua Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1187 Bin'an Road, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Zhejiang Dahua Technology Co Ltd is engaged in the production of security and surveillance products. The product offered by the company includes transmission products, cloud products, display products, video conference products, drone, Smart fire protection, and others. These products are used for city operations, business management, personal consumer life, and others.
Executives
Wu Jian Directors, executives
Jiang Xiao Lai Executives
Zhu Jian Tang Executives
Xu Qiao Fen Executives
Li Zhi Jie Executives
Zhang Xing Ming Directors, executives
Liu Ming Executives
Zhao Yu Ning Executives
Xu Zhi Cheng Executives
Zhu Jiang Ming Directors, executives
Fu Li Quan Directors, executives
He Chao Independent director
Wu Jun Directors, executives
Li Ke Directors, executives
Wei Mei Zhong Executives

Zhejiang Dahua Technology Co Headlines

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