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Beiken Energy Group Co (SZSE:002828) Cyclically Adjusted PB Ratio : 2.21 (As of Jun. 04, 2025)


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What is Beiken Energy Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Beiken Energy Group Co's current share price is ¥9.22. Beiken Energy Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.18. Beiken Energy Group Co's Cyclically Adjusted PB Ratio for today is 2.21.

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

SZSE:002828' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.06   Max: 2.37
Current: 2.14

During the past years, Beiken Energy Group Co's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 1.79. And the median was 2.06.

SZSE:002828's Cyclically Adjusted PB Ratio is ranked worse than
78.87% of 781 companies
in the Oil & Gas industry
Industry Median: 0.9 vs SZSE:002828: 2.14

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.

Beiken Energy Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥3.402. 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 ¥4.18 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beiken Energy Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beiken Energy 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.

Beiken Energy Group Co Cyclically Adjusted PB Ratio Chart

Beiken Energy 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 - - - - 2.06

Beiken Energy 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 - 2.09 2.12 2.06 1.99

Competitive Comparison of Beiken Energy Group Co's Cyclically Adjusted PB Ratio

For the Oil & Gas Drilling subindustry, Beiken Energy 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.


Beiken Energy Group Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beiken Energy Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Beiken Energy 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.

Beiken Energy Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.22/4.18
=2.21

* 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.

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

For example, Beiken Energy 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)
=3.402/115.1156*115.1156
=3.402

Current CPI (Mar. 2025) = 115.1156.

Beiken Energy Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.833 99.000 3.294
201509 0.000 100.500 0.000
201512 3.169 100.600 3.626
201603 0.000 102.200 0.000
201606 3.118 101.400 3.540
201609 2.468 102.400 2.774
201612 4.211 102.600 4.725
201703 4.166 103.200 4.647
201706 4.252 103.100 4.748
201709 4.492 104.100 4.967
201712 4.442 104.500 4.893
201803 4.354 105.300 4.760
201806 4.553 104.900 4.996
201809 4.704 106.600 5.080
201812 4.677 106.500 5.055
201903 4.634 107.700 4.953
201906 4.771 107.700 5.100
201909 4.751 109.800 4.981
201912 4.783 111.200 4.951
202003 4.783 112.300 4.903
202006 5.004 110.400 5.218
202009 4.894 111.700 5.044
202012 4.868 111.500 5.026
202103 4.891 112.662 4.998
202106 4.945 111.769 5.093
202109 4.810 112.215 4.934
202112 4.818 113.108 4.904
202203 3.803 114.335 3.829
202206 3.759 114.558 3.777
202209 3.575 115.339 3.568
202212 2.895 115.116 2.895
202303 2.873 115.116 2.873
202306 2.967 114.558 2.981
202309 3.061 115.339 3.055
202312 3.002 114.781 3.011
202403 2.992 115.227 2.989
202406 2.904 114.781 2.912
202409 2.978 115.785 2.961
202412 3.345 114.893 3.351
202503 3.402 115.116 3.402

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.


Beiken Energy Group Co  (SZSE:002828) 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.


Beiken Energy Group Co Cyclically Adjusted PB Ratio Related Terms

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


Beiken Energy Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 91, Menchu Road, Baijiantan District, Xinjiang Uygur Autonomous Region, Karamay, CHN
Beiken Energy Group Co Ltd provides drilling engineering technical service and other oilfield technical services in the procedure of gas and oil exploration and development. It offers drilling, cementing, and drilling fluid service.
Executives
Zhang Zhi Qiang Supervisors
Wu Yun Yi Director
Jiang Li Secretary, Director
Liu Xin Supervisors
Dai Mei Qiong Director
Li Qing Shan Director
Secretary Dong
Chen Ping Gui Directors, executives
Ding Zhan Securities Affairs Representative

Beiken Energy Group Co Headlines

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