/term/cyclically-adjusted-pb-ratio/SZSE:002579 Huizhou China Eagle Electronic Technology (SZSE:002579) Cyc
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Huizhou China Eagle Electronic Technology (SZSE:002579) Cyclically Adjusted PB Ratio : 2.51 (As of Jun. 20, 2024)


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What is Huizhou China Eagle Electronic Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Huizhou China Eagle Electronic Technology's current share price is ¥7.80. Huizhou China Eagle Electronic Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.11. Huizhou China Eagle Electronic Technology's Cyclically Adjusted PB Ratio for today is 2.51.

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

SZSE:002579' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 4.27   Max: 7.54
Current: 2.57

During the past years, Huizhou China Eagle Electronic Technology's highest Cyclically Adjusted PB Ratio was 7.54. The lowest was 1.92. And the median was 4.27.

SZSE:002579's Cyclically Adjusted PB Ratio is ranked worse than
67.77% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs SZSE:002579: 2.57

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.

Huizhou China Eagle Electronic Technology's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.993. 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 ¥3.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Huizhou China Eagle Electronic Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huizhou China Eagle Electronic 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.

Huizhou China Eagle Electronic Technology Cyclically Adjusted PB Ratio Chart

Huizhou China Eagle Electronic Technology 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 6.13 4.94 4.16 3.84 2.89

Huizhou China Eagle Electronic Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.88 3.60 2.92 2.89 2.63

Competitive Comparison of Huizhou China Eagle Electronic Technology's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Huizhou China Eagle Electronic 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.

Huizhou China Eagle Electronic Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Huizhou China Eagle Electronic Technology's Cyclically Adjusted PB Ratio falls into.


Huizhou China Eagle Electronic 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.

Huizhou China Eagle Electronic Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.80/3.11
=2.51

* 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.

Huizhou China Eagle Electronic Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Huizhou China Eagle Electronic Technology's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.993/115.2271*115.2271
=3.993

Current CPI (Mar. 2024) = 115.2271.

Huizhou China Eagle Electronic Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.448 98.200 1.699
201409 1.455 98.900 1.695
201412 1.493 99.000 1.738
201503 1.497 99.900 1.727
201506 1.501 99.500 1.738
201509 1.517 100.500 1.739
201512 1.546 100.600 1.771
201603 1.756 102.200 1.980
201606 1.739 101.400 1.976
201609 1.750 102.400 1.969
201612 2.189 102.600 2.458
201703 2.156 103.200 2.407
201706 2.093 103.100 2.339
201709 2.115 104.100 2.341
201712 2.165 104.500 2.387
201803 2.240 105.300 2.451
201806 2.177 104.900 2.391
201809 2.257 106.600 2.440
201812 2.259 106.500 2.444
201903 2.294 107.700 2.454
201906 2.346 107.700 2.510
201909 2.465 109.800 2.587
201912 2.980 111.200 3.088
202003 2.898 112.300 2.974
202006 2.893 110.400 3.019
202009 5.493 111.700 5.666
202012 4.487 111.500 4.637
202103 4.405 112.662 4.505
202106 4.585 111.769 4.727
202109 4.691 112.215 4.817
202112 4.701 113.108 4.789
202203 4.683 114.335 4.720
202206 4.517 114.558 4.543
202209 4.520 115.339 4.516
202212 4.383 115.116 4.387
202303 4.287 115.116 4.291
202306 4.166 114.558 4.190
202309 4.123 115.339 4.119
202312 4.067 114.781 4.083
202403 3.993 115.227 3.993

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.

Huizhou China Eagle Electronic Technology  (SZSE:002579) 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.

Huizhou China Eagle Electronic Technology Cyclically Adjusted PB Ratio Related Terms

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

Huizhou China Eagle Electronic Technology (SZSE:002579) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huizhou China Eagle Electronic Technology Inc (SZSE:002579) » Definitions » Cyclically Adjusted PB Ratio
Comparable Companies
SZSE:002845 SHSE:603186 SZSE:301486 SZSE:300219 SZSE:002866 SZSE:002055 SHSE:603773 SZSE:300127 SHSE:688138 SZSE:002169 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
Number 1 Zhongjing Road, Chenjiang Street, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Website
http://www.ceepcb.com
Huizhou China Eagle Electronic Technology Co Ltd researches and develops, produces, and sells printed circuit boards (PCBs) in China and internationally. Its products include offers high-end multilayer, high-density interconnect, and flexible PCBs. The company's products are used in consumer electronics, network communications, computers, automotive electronics, security industrial controls, medical equipment and artificial intelligence systems, Internet of things, smart wears and AR / VR, drones.
Executives
Wang Qin Sheng Executives
Yang Peng Fei Directors, executives
Duan Lun Yong Executives
Chen Ru Ping Secretary Dong
Huang Ruo Lei Securities Affairs Representative
Liu De Wei Directors, executives
Yu Xiang Bin Directors, Directors, and Executives
Yang Lin Director

Huizhou China Eagle Electronic Technology (SZSE:002579) Headlines

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