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Visionox Technology (SZSE:002387) Cyclically Adjusted PB Ratio : 1.32 (As of Jun. 04, 2025)


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What is Visionox Technology Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Visionox Technology's current share price is ¥9.59. Visionox Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥7.24. Visionox Technology's Cyclically Adjusted PB Ratio for today is 1.32.

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

SZSE:002387' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.58   Max: 5.93
Current: 1.24

During the past years, Visionox Technology's highest Cyclically Adjusted PB Ratio was 5.93. The lowest was 0.81. And the median was 1.58.

SZSE:002387's Cyclically Adjusted PB Ratio is ranked better than
59.96% of 1928 companies
in the Hardware industry
Industry Median: 1.66 vs SZSE:002387: 1.24

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.

Visionox Technology's adjusted book value per share data for the three months ended in Mar. 2025 was ¥3.594. 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 ¥7.24 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visionox Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Visionox Technology'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.

Visionox Technology Cyclically Adjusted PB Ratio Chart

Visionox Technology 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 2.14 1.52 0.94 1.58 1.42

Visionox Technology 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 1.12 0.85 1.04 1.42 1.32

Competitive Comparison of Visionox Technology's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Visionox Technology'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.


Visionox Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Visionox Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Visionox Technology 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.

Visionox Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.59/7.24
=1.32

* 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.

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

For example, Visionox Technology'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)
=3.594/115.1156*115.1156
=3.594

Current CPI (Mar. 2025) = 115.1156.

Visionox Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.756 99.500 3.189
201509 2.577 100.500 2.952
201512 1.549 100.600 1.773
201603 1.519 102.200 1.711
201606 1.469 101.400 1.668
201609 1.651 102.400 1.856
201612 1.605 102.600 1.801
201703 1.541 103.200 1.719
201706 1.396 103.100 1.559
201709 1.475 104.100 1.631
201712 1.638 104.500 1.804
201803 11.332 105.300 12.388
201806 11.411 104.900 12.522
201809 11.287 106.600 12.189
201812 10.901 106.500 11.783
201903 10.617 107.700 11.348
201906 10.962 107.700 11.717
201909 10.758 109.800 11.279
201912 10.948 111.200 11.334
202003 10.759 112.300 11.029
202006 11.015 110.400 11.485
202009 10.928 111.700 11.262
202012 11.108 111.500 11.468
202103 10.774 112.662 11.009
202106 10.581 111.769 10.898
202109 10.202 112.215 10.466
202112 9.920 113.108 10.096
202203 9.517 114.335 9.582
202206 9.112 114.558 9.156
202209 8.544 115.339 8.527
202212 8.469 115.116 8.469
202303 7.929 115.116 7.929
202306 7.319 114.558 7.355
202309 6.668 115.339 6.655
202312 5.856 114.781 5.873
202403 5.280 115.227 5.275
202406 4.888 114.781 4.902
202409 4.443 115.785 4.417
202412 3.973 114.893 3.981
202503 3.594 115.116 3.594

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.


Visionox Technology  (SZSE:002387) 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.


Visionox Technology Cyclically Adjusted PB Ratio Related Terms

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


Visionox Technology Business Description

Traded in Other Exchanges
N/A
Address
No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300
Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.
Executives
Zhang De Qiang Directors, executives
Yan Ruo Yuan Directors, executives
Lin Xiu Hai Directors, executives
Lin Xiu Hao Director
He Wen Biao Independent director
Huang Xun Cai Supervisors
Chen Ru Director
Huang Shu Zhong Director, Director Secretary
He Yu Long Directors, executives
Deng Chan Yu Supervisors
Lin Shao Ping Supervisors
Wu Di Nian Directors, executives
Chen Ke Mei Executives
Yao Li Chang Director
Lin Xi Qin Executives

Visionox Technology Headlines

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