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Foran Energy Group Co (SZSE:002911) Cyclically Adjusted PB Ratio : 3.28 (As of May. 09, 2025)


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What is Foran Energy Group Co Cyclically Adjusted PB Ratio?

As of today (2025-05-09), Foran Energy Group Co's current share price is ¥10.18. Foran Energy Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.10. Foran Energy Group Co's Cyclically Adjusted PB Ratio for today is 3.28.

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

SZSE:002911' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.31   Med: 3.52   Max: 3.65
Current: 3.31

During the past years, Foran Energy Group Co's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 3.31. And the median was 3.52.

SZSE:002911's Cyclically Adjusted PB Ratio is ranked worse than
87.31% of 402 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs SZSE:002911: 3.31

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.

Foran Energy Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥6.428. 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 ¥3.10 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Foran Energy Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Foran 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.

Foran Energy Group Co Cyclically Adjusted PB Ratio Chart

Foran Energy Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Foran 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 - - - - 3.65

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

For the Utilities - Regulated Gas subindustry, Foran 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.


Foran Energy Group Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Foran Energy Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Foran 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.18/3.10
=3.28

* 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.

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

For example, Foran 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)
=6.428/115.1156*115.1156
=6.428

Current CPI (Mar. 2025) = 115.1156.

Foran Energy Group Co Quarterly Data

Book Value per Share CPI Adj_Book
200812 0.473 83.956 0.649
200912 0.562 85.386 0.758
201012 0.789 89.289 1.017
201312 1.095 97.624 1.291
201412 1.225 99.000 1.424
201512 1.392 100.600 1.593
201612 1.513 102.600 1.698
201703 0.000 103.200 0.000
201706 1.379 103.100 1.540
201709 1.308 104.100 1.446
201712 1.946 104.500 2.144
201803 2.013 105.300 2.201
201806 2.006 104.900 2.201
201809 2.084 106.600 2.250
201812 2.421 106.500 2.617
201903 2.153 107.700 2.301
201906 2.095 107.700 2.239
201909 2.202 109.800 2.309
201912 2.563 111.200 2.653
202003 2.606 112.300 2.671
202006 2.530 110.400 2.638
202009 2.662 111.700 2.743
202012 2.738 111.500 2.827
202103 2.778 112.662 2.839
202106 2.664 111.769 2.744
202109 2.786 112.215 2.858
202112 3.630 113.108 3.694
202203 3.694 114.335 3.719
202206 3.510 114.558 3.527
202209 4.204 115.339 4.196
202212 4.388 115.116 4.388
202303 4.514 115.116 4.514
202306 4.293 114.558 4.314
202309 4.296 115.339 4.288
202312 5.097 114.781 5.112
202403 6.373 115.227 6.367
202406 6.108 114.781 6.126
202409 6.262 115.785 6.226
202412 6.490 114.893 6.503
202503 6.428 115.116 6.428

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.


Foran Energy Group Co  (SZSE:002911) 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.


Foran Energy Group Co Cyclically Adjusted PB Ratio Related Terms

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


Foran Energy Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Nanhai Avenue, Chancheng District, Guangdong Province, Foshan, CHN, 528000
Foran Energy Group Co Ltd, formerly Foshan Gas Group Co Ltd is a China-based company involved in the natural gas business. It is primarily engaged in construction and operation of natural gas high-pressure pipe network and midstream distribution, end-of-pipe gas terminal sales and service, autogas refueling, gas engineering design, and construction. The main products are liquefied natural gas (LNG) and compressed natural gas (CNG). Geographically the business activities are carried out through China.
Executives
Shen Li Yuan Supervisors
Yin Hong Mei Directors, executives
Yin Xiang Director
Xu Zhong Executives
Huang Yi Cun Executives
Lin Sheng Jia Supervisors
Lei Bing Qin Director

Foran Energy Group Co Headlines

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