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Zhejiang Wanliyang Co (SZSE:002434) Cyclically Adjusted PB Ratio : 1.63 (As of Jun. 04, 2025)


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What is Zhejiang Wanliyang Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Zhejiang Wanliyang Co's current share price is ¥7.10. Zhejiang Wanliyang Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.35. Zhejiang Wanliyang Co's Cyclically Adjusted PB Ratio for today is 1.63.

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

SZSE:002434' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.35   Max: 4.65
Current: 1.64

During the past years, Zhejiang Wanliyang Co's highest Cyclically Adjusted PB Ratio was 4.65. The lowest was 1.09. And the median was 2.35.

SZSE:002434's Cyclically Adjusted PB Ratio is ranked worse than
56.64% of 994 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs SZSE:002434: 1.64

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 Wanliyang Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.455. 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 ¥4.35 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Wanliyang Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhejiang Wanliyang 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 Wanliyang Co Cyclically Adjusted PB Ratio Chart

Zhejiang Wanliyang 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 2.68 4.06 2.07 1.82 1.44

Zhejiang Wanliyang 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 1.52 1.17 1.41 1.44 1.82

Competitive Comparison of Zhejiang Wanliyang Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Zhejiang Wanliyang 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 Wanliyang Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Wanliyang Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.10/4.35
=1.63

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

For example, Zhejiang Wanliyang 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)
=4.455/115.1156*115.1156
=4.455

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Wanliyang Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.186 99.500 2.529
201509 2.226 100.500 2.550
201512 2.270 100.600 2.598
201603 2.339 102.200 2.635
201606 2.274 101.400 2.582
201609 1.823 102.400 2.049
201612 4.136 102.600 4.641
201703 4.312 103.200 4.810
201706 4.349 103.100 4.856
201709 4.461 104.100 4.933
201712 4.513 104.500 4.971
201803 4.610 105.300 5.040
201806 4.545 104.900 4.988
201809 4.546 106.600 4.909
201812 4.446 106.500 4.806
201903 4.535 107.700 4.847
201906 4.478 107.700 4.786
201909 4.564 109.800 4.785
201912 4.601 111.200 4.763
202003 4.691 112.300 4.809
202006 4.710 110.400 4.911
202009 4.883 111.700 5.032
202012 4.963 111.500 5.124
202103 5.091 112.662 5.202
202106 4.755 111.769 4.897
202109 4.903 112.215 5.030
202112 4.026 113.108 4.097
202203 4.109 114.335 4.137
202206 4.159 114.558 4.179
202209 4.231 115.339 4.223
202212 4.261 115.116 4.261
202303 4.362 115.116 4.362
202306 4.452 114.558 4.474
202309 4.506 115.339 4.497
202312 4.490 114.781 4.503
202403 4.559 115.227 4.555
202406 4.330 114.781 4.343
202409 4.386 115.785 4.361
202412 4.373 114.893 4.381
202503 4.455 115.116 4.455

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 Wanliyang Co  (SZSE:002434) 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 Wanliyang Co Cyclically Adjusted PB Ratio Related Terms

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


Zhejiang Wanliyang Co Business Description

Traded in Other Exchanges
N/A
Address
Liuhe Cloud Mansion, 5th Building, Cloud Town Xihu District, Zhejiang Province, Hangzhou, CHN
Zhejiang Wanliyang Co Ltd is mainly engaged in the manufacture and distribution of automobile transmissions in China. Its products cover transmissions for all kinds of commercial vehicles, including logistics transportation trucks, low-speed heavy-duty dumpers, buses, municipal vehicles, school buses, and pickups. The company's customers include BAIC Foton, Dongfeng Motor, Sinotruk, Faw Group, JMC, Yutong Bus, Hyundai Motor and other automobile OEMs.
Executives
Gu Yong Ting Directors, executives
Zhang Lei Gang Secretary, Director
Ren Hua Lin Executives
Lin Jian Executives
Hu Chun Rong Directors, executives
Huang Ren Xing Supervisors
Gui Wen Jing Executives
Huang He Qing Director
Wu Yue Hua Director
Wang Wei Chuan Directors, executives
Wu Miao Zhen Directors, executives
Xu Ping Ping Director

Zhejiang Wanliyang Co Headlines

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