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Zhongnanhong Culture Group Co (SZSE:002445) Cyclically Adjusted PB Ratio : 1.65 (As of Jun. 04, 2025)


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What is Zhongnanhong Culture Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Zhongnanhong Culture Group Co's current share price is ¥2.48. Zhongnanhong Culture Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.50. Zhongnanhong Culture Group Co's Cyclically Adjusted PB Ratio for today is 1.65.

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

SZSE:002445' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.39   Max: 2.02
Current: 1.62

During the past years, Zhongnanhong Culture Group Co's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.64. And the median was 1.39.

SZSE:002445's Cyclically Adjusted PB Ratio is ranked better than
57.04% of 2172 companies
in the Industrial Products industry
Industry Median: 2.05 vs SZSE:002445: 1.62

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.

Zhongnanhong Culture Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥0.933. 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 ¥1.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhongnanhong Culture Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhongnanhong Culture Group 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.

Zhongnanhong Culture Group Co Cyclically Adjusted PB Ratio Chart

Zhongnanhong Culture Group 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 1.24 2.02 1.53 1.52 1.62

Zhongnanhong Culture Group 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 1.40 1.07 1.35 1.62 1.55

Competitive Comparison of Zhongnanhong Culture Group Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Zhongnanhong Culture Group 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.


Zhongnanhong Culture Group Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhongnanhong Culture Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zhongnanhong Culture Group 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.

Zhongnanhong Culture Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.48/1.50
=1.65

* 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.

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

For example, Zhongnanhong Culture Group 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)
=0.933/115.1156*115.1156
=0.933

Current CPI (Mar. 2025) = 115.1156.

Zhongnanhong Culture Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.573 99.500 1.820
201509 1.590 100.500 1.821
201512 1.713 100.600 1.960
201603 1.731 102.200 1.950
201606 1.724 101.400 1.957
201609 2.598 102.400 2.921
201612 2.667 102.600 2.992
201703 2.623 103.200 2.926
201706 2.969 103.100 3.315
201709 3.000 104.100 3.317
201712 3.080 104.500 3.393
201803 3.108 105.300 3.398
201806 3.086 104.900 3.387
201809 3.035 106.600 3.277
201812 1.556 106.500 1.682
201903 1.517 107.700 1.621
201906 1.456 107.700 1.556
201909 1.212 109.800 1.271
201912 0.131 111.200 0.136
202003 0.075 112.300 0.077
202006 -0.167 110.400 -0.174
202009 -0.237 111.700 -0.244
202012 0.649 111.500 0.670
202103 0.790 112.662 0.807
202106 0.882 111.769 0.908
202109 0.862 112.215 0.884
202112 0.794 113.108 0.808
202203 0.835 114.335 0.841
202206 0.877 114.558 0.881
202209 0.824 115.339 0.822
202212 0.806 115.116 0.806
202303 0.832 115.116 0.832
202306 0.860 114.558 0.864
202309 0.901 115.339 0.899
202312 0.901 114.781 0.904
202403 0.893 115.227 0.892
202406 0.905 114.781 0.908
202409 0.911 115.785 0.906
202412 0.920 114.893 0.922
202503 0.933 115.116 0.933

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.


Zhongnanhong Culture Group Co  (SZSE:002445) 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.


Zhongnanhong Culture Group Co Cyclically Adjusted PB Ratio Related Terms

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


Zhongnanhong Culture Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.3, Zhongnan Road, High and New Technique Industires Development Zone, Jiangsu Province, Jiangyin, CHN, 214429
Zhongnanhong Culture Group Co Ltd, formerly Zhongnan Red Culture Group Co Ltd is engaged in the production of pipe fittings, steel pipes, machinery parts, expansion joints, prefabricated and buried insulating pipes in China.
Executives
Hu Zhen Supervisors
Wang Hui Director
Hong Tao Executives
Chen Guang Directors, executives
Tian Zi Qiang Executives
Chen Shao Zhong Director
Zhang Yue Ming Supervisors
Hua Li Ya Supervisors
Wang Kou Cheng Supervisors
Wu Qing Feng Directors, Directors, and Executives
Gao Li Xin Directors, executives
Chen Shao Yun Executives
Jin Yan Ping Executives
Chen Xiao Dong Supervisors

Zhongnanhong Culture Group Co Headlines

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