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Hunan Boyun New Materials Co (SZSE:002297) Cyclically Adjusted PB Ratio : 2.26 (As of Jun. 28, 2025)


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What is Hunan Boyun New Materials Co Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Hunan Boyun New Materials Co's current share price is ¥7.81. Hunan Boyun New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.45. Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio for today is 2.26.

The historical rank and industry rank for Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002297' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.38   Max: 4.66
Current: 2.1

During the past years, Hunan Boyun New Materials Co's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 1.60. And the median was 2.38.

SZSE:002297's Cyclically Adjusted PB Ratio is ranked worse than
58.81% of 1226 companies
in the Chemicals industry
Industry Median: 1.595 vs SZSE:002297: 2.10

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.

Hunan Boyun New Materials Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥3.581. 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 ¥3.45 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan Boyun New Materials Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hunan Boyun New Materials 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.

Hunan Boyun New Materials Co Cyclically Adjusted PB Ratio Chart

Hunan Boyun New Materials 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 2.57 3.26 2.19 2.35 2.00

Hunan Boyun New Materials 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 2.03 1.76 1.97 2.00 1.91

Competitive Comparison of Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Hunan Boyun New Materials 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.


Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio falls into.


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Hunan Boyun New Materials 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.

Hunan Boyun New Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.81/3.45
=2.26

* 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.

Hunan Boyun New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hunan Boyun New Materials 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)
=3.581/115.1156*115.1156
=3.581

Current CPI (Mar. 2025) = 115.1156.

Hunan Boyun New Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.772 99.500 3.207
201509 2.720 100.500 3.116
201512 2.503 100.600 2.864
201603 2.102 102.200 2.368
201606 3.313 101.400 3.761
201609 3.302 102.400 3.712
201612 3.375 102.600 3.787
201703 3.367 103.200 3.756
201706 3.350 103.100 3.740
201709 3.328 104.100 3.680
201712 3.239 104.500 3.568
201803 3.230 105.300 3.531
201806 3.223 104.900 3.537
201809 3.226 106.600 3.484
201812 3.266 106.500 3.530
201903 3.273 107.700 3.498
201906 3.256 107.700 3.480
201909 3.242 109.800 3.399
201912 2.910 111.200 3.012
202003 2.897 112.300 2.970
202006 2.914 110.400 3.038
202009 2.924 111.700 3.013
202012 2.947 111.500 3.043
202103 2.957 112.662 3.021
202106 2.972 111.769 3.061
202109 3.543 112.215 3.635
202112 3.586 113.108 3.650
202203 3.603 114.335 3.628
202206 3.615 114.558 3.633
202209 3.620 115.339 3.613
202212 3.645 115.116 3.645
202303 3.658 115.116 3.658
202306 3.663 114.558 3.681
202309 3.681 115.339 3.674
202312 3.702 114.781 3.713
202403 3.733 115.227 3.729
202406 3.706 114.781 3.717
202409 3.673 115.785 3.652
202412 3.580 114.893 3.587
202503 3.581 115.116 3.581

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.


Hunan Boyun New Materials Co  (SZSE:002297) 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.


Hunan Boyun New Materials Co Cyclically Adjusted PB Ratio Related Terms

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


Hunan Boyun New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 500, Lusong Road, High-tech Industrial Development Zone, Yuelu District, Changsha, CHN, 410205
Hunan Boyun New Materials Co Ltd is a China-based company located in Changsha City, Hunan Province engaged in the research, development, and production of friction brake materials and carbon composites. The company is mainly engaged in military and civilian aircraft powder metallurgy and carbon/carbon composite brakes, aerospace and civil carbon/carbon composite products, environmentally-friendly high-performance automotive brake pads, high-performance mold materials, military and civilian aircraft wheels and brake systems, powder Research, development, production and sales of metallurgical equipment and other products. Geographically, the activities are carried out through China.
Executives
Xie Jian Xin Independent director
Yi Jian Ming Directors, executives
Li Yong Xia Executives
Zhang Hong Bo Executives
Yao Ping Ping Executives
Shi Wei Executives
Yi Mao Zhong Director
He Zheng Chun Director
Jiang Hui Zhen Director
Cheng Qiu Ping Securities Affairs Representative

Hunan Boyun New Materials Co Headlines

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