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Tibet GaoZheng Explosive Co (SZSE:002827) Cyclically Adjusted PB Ratio : 10.38 (As of Jun. 04, 2025)


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What is Tibet GaoZheng Explosive Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Tibet GaoZheng Explosive Co's current share price is ¥29.49. Tibet GaoZheng Explosive Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.84. Tibet GaoZheng Explosive Co's Cyclically Adjusted PB Ratio for today is 10.38.

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

SZSE:002827' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.02   Med: 9.52   Max: 12.18
Current: 10.26

During the past years, Tibet GaoZheng Explosive Co's highest Cyclically Adjusted PB Ratio was 12.18. The lowest was 7.02. And the median was 9.52.

SZSE:002827's Cyclically Adjusted PB Ratio is ranked worse than
95.08% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs SZSE:002827: 10.26

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.

Tibet GaoZheng Explosive Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥3.353. 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 ¥2.84 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tibet GaoZheng Explosive Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive Co Cyclically Adjusted PB Ratio Chart

Tibet GaoZheng Explosive 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 - - - - 9.08

Tibet GaoZheng Explosive 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 - 8.06 10.53 9.08 8.61

Competitive Comparison of Tibet GaoZheng Explosive Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Tibet GaoZheng Explosive 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.


Tibet GaoZheng Explosive Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tibet GaoZheng Explosive Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tibet GaoZheng Explosive Co's Cyclically Adjusted PB Ratio falls into.


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Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.49/2.84
=10.38

* 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.

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

For example, Tibet GaoZheng Explosive 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)
=3.353/115.1156*115.1156
=3.353

Current CPI (Mar. 2025) = 115.1156.

Tibet GaoZheng Explosive Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.424 99.500 1.647
201509 0.000 100.500 0.000
201512 1.579 100.600 1.807
201603 0.000 102.200 0.000
201606 1.595 101.400 1.811
201609 1.340 102.400 1.506
201612 2.711 102.600 3.042
201703 2.762 103.200 3.081
201706 2.736 103.100 3.055
201709 2.864 104.100 3.167
201712 2.946 104.500 3.245
201803 2.969 105.300 3.246
201806 2.791 104.900 3.063
201809 2.896 106.600 3.127
201812 2.910 106.500 3.145
201903 2.886 107.700 3.085
201906 2.671 107.700 2.855
201909 2.735 109.800 2.867
201912 2.774 111.200 2.872
202003 2.721 112.300 2.789
202006 2.786 110.400 2.905
202009 2.732 111.700 2.816
202012 2.758 111.500 2.847
202103 2.756 112.662 2.816
202106 2.654 111.769 2.733
202109 2.711 112.215 2.781
202112 2.775 113.108 2.824
202203 2.770 114.335 2.789
202206 2.853 114.558 2.867
202209 2.768 115.339 2.763
202212 2.797 115.116 2.797
202303 2.817 115.116 2.817
202306 2.907 114.558 2.921
202309 2.935 115.339 2.929
202312 2.971 114.781 2.980
202403 3.009 115.227 3.006
202406 3.027 114.781 3.036
202409 3.216 115.785 3.197
202412 3.355 114.893 3.362
202503 3.353 115.116 3.353

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.


Tibet GaoZheng Explosive Co  (SZSE:002827) 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.


Tibet GaoZheng Explosive Co Cyclically Adjusted PB Ratio Related Terms

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


Tibet GaoZheng Explosive Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Linqiongang Road, Zone A, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000
Tibet GaoZheng Explosive Co Ltd is a civil explosive enterprise based in China. The main business is the production, sale, storage and transportation of civil explosives such as industrial explosives, industrial detonators and industrial cables through its own marketing network. In addition, the company is also engaged in the construction of soil rock blasting works, construction of non-coal mine blasting works and demolition safety assessment.

Tibet GaoZheng Explosive Co Headlines

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