GURUFOCUS.COM » STOCK LIST » Technology » Software » Navinfo Co Ltd (SZSE:002405) » Definitions » Cyclically Adjusted PB Ratio

Navinfo Co (SZSE:002405) Cyclically Adjusted PB Ratio : 2.02 (As of Sep. 22, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Navinfo Co Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Navinfo Co's current share price is ¥7.55. Navinfo Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ¥3.73. Navinfo Co's Cyclically Adjusted PB Ratio for today is 2.02.

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

SZSE:002405' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 5.29   Max: 10.29
Current: 1.84

During the past years, Navinfo Co's highest Cyclically Adjusted PB Ratio was 10.29. The lowest was 1.64. And the median was 5.29.

SZSE:002405's Cyclically Adjusted PB Ratio is ranked better than
61.89% of 1278 companies
in the Software industry
Industry Median: 2.5 vs SZSE:002405: 1.84

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.

Navinfo Co's adjusted book value per share data for the three months ended in Jun. 2024 was ¥4.072. 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 ¥3.73 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Navinfo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Navinfo 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.

Navinfo Co Cyclically Adjusted PB Ratio Chart

Navinfo 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 6.93 5.51 5.37 3.30 2.46

Navinfo Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.33 2.83 2.46 2.34 1.67

Competitive Comparison of Navinfo Co's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Navinfo 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.


Navinfo Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Navinfo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.55/3.73
=2.02

* 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.

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

For example, Navinfo Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.072/114.7809*114.7809
=4.072

Current CPI (Jun. 2024) = 114.7809.

Navinfo Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.555 98.900 1.805
201412 1.581 99.000 1.833
201503 1.598 99.900 1.836
201506 1.601 99.500 1.847
201509 1.700 100.500 1.942
201512 1.588 100.600 1.812
201603 1.624 102.200 1.824
201606 1.642 101.400 1.859
201609 1.706 102.400 1.912
201612 1.746 102.600 1.953
201703 3.384 103.200 3.764
201706 3.413 103.100 3.800
201709 3.411 104.100 3.761
201712 3.449 104.500 3.788
201803 3.486 105.300 3.800
201806 3.510 104.900 3.841
201809 3.518 106.600 3.788
201812 3.696 106.500 3.983
201903 3.682 107.700 3.924
201906 3.714 107.700 3.958
201909 3.753 109.800 3.923
201912 3.976 111.200 4.104
202003 3.942 112.300 4.029
202006 3.958 110.400 4.115
202009 3.963 111.700 4.072
202012 3.957 111.500 4.073
202103 5.119 112.662 5.215
202106 5.113 111.769 5.251
202109 4.934 112.215 5.047
202112 5.153 113.108 5.229
202203 5.165 114.335 5.185
202206 5.204 114.558 5.214
202209 5.131 115.339 5.106
202212 4.970 115.116 4.956
202303 4.868 115.116 4.854
202306 4.807 114.558 4.816
202309 4.743 115.339 4.720
202312 4.217 114.781 4.217
202403 4.154 115.227 4.138
202406 4.072 114.781 4.072

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.


Navinfo Co  (SZSE:002405) 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.


Navinfo Co Cyclically Adjusted PB Ratio Related Terms

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


Navinfo Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094
Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.
Executives
Wan Tie Jun Executives
Bi Lei Directors, executives
Meng Qing Xin Directors, executives
Liang Yong Jie Executives
Jin Shui Xiang Executives
Song Tie Hui Executives
Cheng Peng Directors, executives
Sun Yu Guo Director
Dai Dong Hai Executives
Jing Mu Han Executives
Qin Fang Securities Affairs Representative
Jiang Xiao Ming Executives
Xu Jin Hui Supervisors
Lai Feng Fu Executives
Cao Xiao Hang Executives

Navinfo Co Headlines

No Headlines