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North Chemical Industries Co (SZSE:002246) Cyclically Adjusted PB Ratio : 2.74 (As of Jun. 04, 2025)


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What is North Chemical Industries Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), North Chemical Industries Co's current share price is ¥12.60. North Chemical Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.60. North Chemical Industries Co's Cyclically Adjusted PB Ratio for today is 2.74.

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

SZSE:002246' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.42   Max: 8.84
Current: 2.52

During the past years, North Chemical Industries Co's highest Cyclically Adjusted PB Ratio was 8.84. The lowest was 1.49. And the median was 2.42.

SZSE:002246's Cyclically Adjusted PB Ratio is ranked worse than
66.3% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs SZSE:002246: 2.52

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.

North Chemical Industries Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥5.190. 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 ¥4.60 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Chemical Industries Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for North Chemical Industries 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.

North Chemical Industries Co Cyclically Adjusted PB Ratio Chart

North Chemical Industries 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 2.12 2.72 2.34 1.90 2.24

North Chemical Industries 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 1.83 1.90 2.27 2.24 2.25

Competitive Comparison of North Chemical Industries Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, North Chemical Industries 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.


North Chemical Industries Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Chemical Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where North Chemical Industries Co's Cyclically Adjusted PB Ratio falls into.


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North Chemical Industries 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.

North Chemical Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.60/4.60
=2.74

* 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.

North Chemical Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, North Chemical Industries 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)
=5.19/115.1156*115.1156
=5.190

Current CPI (Mar. 2025) = 115.1156.

North Chemical Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.706 99.500 3.131
201509 2.747 100.500 3.146
201512 2.783 100.600 3.185
201603 2.807 102.200 3.162
201606 2.858 101.400 3.245
201609 2.932 102.400 3.296
201612 4.500 102.600 5.049
201703 2.996 103.200 3.342
201706 3.011 103.100 3.362
201709 3.624 104.100 4.007
201712 4.390 104.500 4.836
201803 4.098 105.300 4.480
201806 4.217 104.900 4.628
201809 4.224 106.600 4.561
201812 4.386 106.500 4.741
201903 4.400 107.700 4.703
201906 4.525 107.700 4.837
201909 4.534 109.800 4.753
201912 4.577 111.200 4.738
202003 4.584 112.300 4.699
202006 4.583 110.400 4.779
202009 4.652 111.700 4.794
202012 4.784 111.500 4.939
202103 4.834 112.662 4.939
202106 4.881 111.769 5.027
202109 4.882 112.215 5.008
202112 4.961 113.108 5.049
202203 4.992 114.335 5.026
202206 5.149 114.558 5.174
202209 5.192 115.339 5.182
202212 5.199 115.116 5.199
202303 5.215 115.116 5.215
202306 5.227 114.558 5.252
202309 5.170 115.339 5.160
202312 5.247 114.781 5.262
202403 5.228 115.227 5.223
202406 5.261 114.781 5.276
202409 5.114 115.785 5.084
202412 5.153 114.893 5.163
202503 5.190 115.116 5.190

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.


North Chemical Industries Co  (SZSE:002246) 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.


North Chemical Industries Co Cyclically Adjusted PB Ratio Related Terms

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


North Chemical Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 209 Sanse Road, 9th Floor, Building 8, Torch Power Port South District, Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063
North Chemical Industries Co Ltd is engaged in production of cellulose and its derivatives industry, environmental protection equipment and nuclear biochemical protective equipment manufacturing industry, special industrial pump series products environmental protection equipment manufacturing industry. The company engages in production of nitrocellulose and sulfuric acid; sales of hazardous chemicals.
Executives
Liu Li Supervisors
Huang Wan Fu Directors, executives
Song Jia Lin Supervisors

North Chemical Industries Co Headlines

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