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Bestway Marine & Energy Technology Co (SZSE:300008) Cyclically Adjusted PB Ratio : 5.83 (As of Jun. 04, 2025)


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What is Bestway Marine & Energy Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Bestway Marine & Energy Technology Co's current share price is ¥6.24. Bestway Marine & Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.07. Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio for today is 5.83.

The historical rank and industry rank for Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300008' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.26   Max: 7.68
Current: 5.59

During the past years, Bestway Marine & Energy Technology Co's highest Cyclically Adjusted PB Ratio was 7.68. The lowest was 1.48. And the median was 4.26.

SZSE:300008's Cyclically Adjusted PB Ratio is ranked worse than
72.33% of 206 companies
in the Aerospace & Defense industry
Industry Median: 3.055 vs SZSE:300008: 5.59

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.

Bestway Marine & Energy Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.240. 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 ¥1.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bestway Marine & Energy Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bestway Marine & Energy Technology 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.

Bestway Marine & Energy Technology Co Cyclically Adjusted PB Ratio Chart

Bestway Marine & Energy Technology 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 6.51 5.33 4.04 3.92 4.43

Bestway Marine & Energy Technology 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 3.68 3.79 4.25 4.43 5.54

Competitive Comparison of Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Bestway Marine & Energy Technology 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.


Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio falls into.


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Bestway Marine & Energy Technology 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.

Bestway Marine & Energy Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.24/1.07
=5.83

* 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.

Bestway Marine & Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bestway Marine & Energy Technology 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)
=1.24/115.1156*115.1156
=1.240

Current CPI (Mar. 2025) = 115.1156.

Bestway Marine & Energy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.755 99.500 0.873
201509 0.771 100.500 0.883
201512 0.825 100.600 0.944
201603 0.552 102.200 0.622
201606 1.649 101.400 1.872
201609 1.660 102.400 1.866
201612 1.796 102.600 2.015
201703 1.701 103.200 1.897
201706 1.713 103.100 1.913
201709 1.730 104.100 1.913
201712 1.532 104.500 1.688
201803 1.535 105.300 1.678
201806 1.546 104.900 1.697
201809 0.755 106.600 0.815
201812 0.447 106.500 0.483
201903 0.431 107.700 0.461
201906 0.406 107.700 0.434
201909 0.392 109.800 0.411
201912 0.234 111.200 0.242
202003 0.244 112.300 0.250
202006 0.257 110.400 0.268
202009 0.256 111.700 0.264
202012 0.954 111.500 0.985
202103 0.961 112.662 0.982
202106 0.972 111.769 1.001
202109 0.964 112.215 0.989
202112 0.971 113.108 0.988
202203 0.975 114.335 0.982
202206 0.998 114.558 1.003
202209 0.993 115.339 0.991
202212 1.026 115.116 1.026
202303 1.060 115.116 1.060
202306 1.090 114.558 1.095
202309 1.109 115.339 1.107
202312 1.118 114.781 1.121
202403 1.137 115.227 1.136
202406 1.161 114.781 1.164
202409 1.171 115.785 1.164
202412 1.211 114.893 1.213
202503 1.240 115.116 1.240

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.


Bestway Marine & Energy Technology Co  (SZSE:300008) 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.


Bestway Marine & Energy Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Bestway Marine & Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Jianzhu Road, Building 10, No. 518, 8th Floor, Songjiang District, Shanghai, CHN, 201612
Bestway Marine & Energy Technology Co Ltd is engaged in marine and offshore engineering design, manufacture and sales; ship charter and shipping management; natural gas utilization and technical development; and ecological agriculture & aquaculture.
Executives
Lin Qiang Executives
Liu Nan Secretary, Director
Qin Bing Jun Executives
Hui Tao Executives
Liu Xin You Supervisors
Xun Zheng Lai Executives
Bai Xue Hua Executives
Zhan Jin Feng Directors, executives
Gu Jian Guo Directors, executives
Ma Rui Directors, executives
Zhu Zhi Peng Director
Zhu Chun Hua Supervisors
Zhang Yan Tong Executives
Hang Zhong Ming Executives
Zhao De Hua Director

Bestway Marine & Energy Technology Co Headlines

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