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Kennede Electronics MFG Co (SZSE:002723) Cyclically Adjusted PB Ratio : 2.48 (As of Jun. 04, 2025)


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What is Kennede Electronics MFG Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Kennede Electronics MFG Co's current share price is ¥7.45. Kennede Electronics MFG Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.01. Kennede Electronics MFG Co's Cyclically Adjusted PB Ratio for today is 2.48.

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

SZSE:002723' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.63   Med: 3.76   Max: 8.26
Current: 2.36

During the past years, Kennede Electronics MFG Co's highest Cyclically Adjusted PB Ratio was 8.26. The lowest was 1.63. And the median was 3.76.

SZSE:002723's Cyclically Adjusted PB Ratio is ranked worse than
69.16% of 321 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.27 vs SZSE:002723: 2.36

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.

Kennede Electronics MFG Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥3.138. 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 ¥3.01 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kennede Electronics MFG Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kennede Electronics MFG 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.

Kennede Electronics MFG Co Cyclically Adjusted PB Ratio Chart

Kennede Electronics MFG 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 - 5.95 5.09 3.52 2.32

Kennede Electronics MFG 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 2.94 2.12 2.03 2.32 2.44

Competitive Comparison of Kennede Electronics MFG Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Kennede Electronics MFG 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.


Kennede Electronics MFG Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kennede Electronics MFG Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kennede Electronics MFG 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.

Kennede Electronics MFG Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.45/3.01
=2.48

* 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.

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

For example, Kennede Electronics MFG 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)
=3.138/115.1156*115.1156
=3.138

Current CPI (Mar. 2025) = 115.1156.

Kennede Electronics MFG Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.403 99.500 2.780
201509 2.438 100.500 2.793
201512 2.465 100.600 2.821
201603 2.490 102.200 2.805
201606 2.463 101.400 2.796
201609 2.450 102.400 2.754
201612 2.454 102.600 2.753
201703 2.467 103.200 2.752
201706 2.500 103.100 2.791
201709 2.529 104.100 2.797
201712 2.502 104.500 2.756
201803 2.456 105.300 2.685
201806 2.463 104.900 2.703
201809 2.393 106.600 2.584
201812 2.178 106.500 2.354
201903 2.246 107.700 2.401
201906 2.279 107.700 2.436
201909 2.335 109.800 2.448
201912 2.253 111.200 2.332
202003 2.235 112.300 2.291
202006 2.283 110.400 2.381
202009 2.321 111.700 2.392
202012 2.370 111.500 2.447
202103 2.378 112.662 2.430
202106 2.380 111.769 2.451
202109 2.395 112.215 2.457
202112 3.848 113.108 3.916
202203 3.856 114.335 3.882
202206 3.894 114.558 3.913
202209 3.926 115.339 3.918
202212 3.913 115.116 3.913
202303 3.932 115.116 3.932
202306 4.006 114.558 4.026
202309 3.947 115.339 3.939
202312 3.893 114.781 3.904
202403 3.900 115.227 3.896
202406 3.912 114.781 3.923
202409 3.754 115.785 3.732
202412 3.168 114.893 3.174
202503 3.138 115.116 3.138

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.


Kennede Electronics MFG Co  (SZSE:002723) 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.


Kennede Electronics MFG Co Cyclically Adjusted PB Ratio Related Terms

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


Kennede Electronics MFG Co Business Description

Traded in Other Exchanges
N/A
Address
No.21, Jintong Road, Tangxia Town, Pengjiang District, Guangdong Province, Jiangmen City, CHN, 529085
Kennede Electronics MFG Co Ltd is a Chinese manufacturer in the field of standby lighting. It is engaged in designing, developing, manufacturing and selling lighting products. The company specializes in the research and development, production and sales of rechargeable standby lanterns and DC-AC rechargeable fans. The rechargeable standby lanterns include three series, indoor and outdoor rechargeable standby lanterns, rechargeable flashlight, fire emergency light. The DC-AC rechargeable fans include two series, DC-AC rechargeable table fan and floor fan. The company sells its products in China, and also exports it to the various other countries.
Executives
Jiang Guang Yong Director
Liang Hui Ling Directors, executives
Meng Fan Xi Directors, executives
Yu Xing Qiang Executives
Sun Ying Executives
Li Xiao Dong Executives
Meng Fan Xi Directors, executives
Wu Wen Min Supervisors
Yuan Xiao Yan Director
Tian Chou Directors, executives
Yang Xiao Qin Supervisors

Kennede Electronics MFG Co Headlines

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