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Muyuan Foods Co (SZSE:002714) Cyclically Adjusted PB Ratio : 6.30 (As of Jan. 19, 2025)


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What is Muyuan Foods Co Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Muyuan Foods Co's current share price is ¥36.69. Muyuan Foods Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥5.82. Muyuan Foods Co's Cyclically Adjusted PB Ratio for today is 6.30.

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

SZSE:002714' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.22   Med: 10.5   Max: 22.79
Current: 6.22

During the past years, Muyuan Foods Co's highest Cyclically Adjusted PB Ratio was 22.79. The lowest was 6.22. And the median was 10.50.

SZSE:002714's Cyclically Adjusted PB Ratio is ranked worse than
90.33% of 1272 companies
in the Consumer Packaged Goods industry
Industry Median: 1.38 vs SZSE:002714: 6.22

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.

Muyuan Foods Co's adjusted book value per share data for the three months ended in Sep. 2024 was ¥13.221. 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 ¥5.82 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muyuan Foods Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Muyuan Foods 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.

Muyuan Foods Co Cyclically Adjusted PB Ratio Chart

Muyuan Foods 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 - - 18.77 12.66 8.38

Muyuan Foods Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.13 8.38 8.30 7.99 7.95

Competitive Comparison of Muyuan Foods Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Muyuan Foods 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.


Muyuan Foods Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Muyuan Foods Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Muyuan Foods 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.69/5.82
=6.30

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=13.221/115.7848*115.7848
=13.221

Current CPI (Sep. 2024) = 115.7848.

Muyuan Foods Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.470 99.000 0.550
201503 0.465 99.900 0.539
201506 0.478 99.500 0.556
201509 0.500 100.500 0.576
201512 0.795 100.600 0.915
201603 0.878 102.200 0.995
201606 1.037 101.400 1.184
201609 1.152 102.400 1.303
201612 1.278 102.600 1.442
201703 1.278 103.200 1.434
201706 1.836 103.100 2.062
201709 1.959 104.100 2.179
201712 2.071 104.500 2.295
201803 2.098 105.300 2.307
201806 1.894 104.900 2.091
201809 1.980 106.600 2.151
201812 1.981 106.500 2.154
201903 1.872 107.700 2.013
201906 1.928 107.700 2.073
201909 3.127 109.800 3.297
201912 4.013 111.200 4.178
202003 4.782 112.300 4.930
202006 5.882 110.400 6.169
202009 7.885 111.700 8.173
202012 9.138 111.500 9.489
202103 10.659 112.662 10.954
202106 10.142 111.769 10.506
202109 10.211 112.215 10.536
202112 9.861 113.108 10.094
202203 9.027 114.335 9.141
202206 8.556 114.558 8.648
202209 10.152 115.339 10.191
202212 13.118 115.116 13.194
202303 12.848 115.116 12.923
202306 11.740 114.558 11.866
202309 11.933 115.339 11.979
202312 11.496 114.781 11.597
202403 11.194 115.227 11.248
202406 11.725 114.781 11.828
202409 13.221 115.785 13.221

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.


Muyuan Foods Co  (SZSE:002714) 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.


Muyuan Foods Co Cyclically Adjusted PB Ratio Related Terms

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


Muyuan Foods Co Business Description

Traded in Other Exchanges
N/A
Address
Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000
Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of revenue. Muyuan's hog output has increased 46 times between 2013 and 2022.
Executives
Li Fu Qiang Supervisors
Yan Lei Independent director
Qin Ying Lin Directors, executives
Su Dang Lin Executives
Cao Zhi Nian Directors, executives
Qin Jun Directors, executives
Qian Ying Director
Wang Hua Tong Executives
Zhang Chun Wu Director, representative of securities affairs
Lu Xiang Li Supervisors
Chu Ke Supervisors

Muyuan Foods Co Headlines

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