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Dayu Irrigation Group Co (SZSE:300021) Cyclically Adjusted PB Ratio : 2.37 (As of Jun. 04, 2025)


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What is Dayu Irrigation Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Dayu Irrigation Group Co's current share price is ¥4.67. Dayu Irrigation Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.97. Dayu Irrigation Group Co's Cyclically Adjusted PB Ratio for today is 2.37.

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

SZSE:300021' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.79   Max: 8.2
Current: 2.39

During the past years, Dayu Irrigation Group Co's highest Cyclically Adjusted PB Ratio was 8.20. The lowest was 1.67. And the median was 3.79.

SZSE:300021's Cyclically Adjusted PB Ratio is ranked worse than
73.24% of 411 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs SZSE:300021: 2.39

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.

Dayu Irrigation Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.412. 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 ¥1.97 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dayu Irrigation Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dayu Irrigation 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.

Dayu Irrigation Group Co Cyclically Adjusted PB Ratio Chart

Dayu Irrigation 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 4.24 4.09 2.76 2.69 2.11

Dayu Irrigation 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 2.26 1.79 2.06 2.11 2.28

Competitive Comparison of Dayu Irrigation Group Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, Dayu Irrigation 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.


Dayu Irrigation Group Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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


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Dayu Irrigation 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.

Dayu Irrigation Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.67/1.97
=2.37

* 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.

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

For example, Dayu Irrigation 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)
=2.412/115.1156*115.1156
=2.412

Current CPI (Mar. 2025) = 115.1156.

Dayu Irrigation Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.704 99.500 0.814
201509 0.712 100.500 0.816
201512 0.775 100.600 0.887
201603 0.692 102.200 0.779
201606 1.587 101.400 1.802
201609 1.590 102.400 1.787
201612 1.672 102.600 1.876
201703 1.702 103.200 1.899
201706 1.669 103.100 1.864
201709 1.670 104.100 1.847
201712 1.744 104.500 1.921
201803 1.806 105.300 1.974
201806 1.813 104.900 1.990
201809 1.753 106.600 1.893
201812 1.809 106.500 1.955
201903 1.873 107.700 2.002
201906 1.795 107.700 1.919
201909 1.816 109.800 1.904
201912 1.850 111.200 1.915
202003 1.850 112.300 1.896
202006 1.784 110.400 1.860
202009 2.010 111.700 2.071
202012 2.080 111.500 2.147
202103 2.100 112.662 2.146
202106 2.017 111.769 2.077
202109 2.055 112.215 2.108
202112 2.148 113.108 2.186
202203 2.370 114.335 2.386
202206 2.254 114.558 2.265
202209 2.279 115.339 2.275
202212 2.352 115.116 2.352
202303 2.371 115.116 2.371
202306 2.276 114.558 2.287
202309 2.302 115.339 2.298
202312 2.357 114.781 2.364
202403 2.369 115.227 2.367
202406 2.351 114.781 2.358
202409 2.368 115.785 2.354
202412 2.403 114.893 2.408
202503 2.412 115.116 2.412

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.


Dayu Irrigation Group Co  (SZSE:300021) 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.


Dayu Irrigation Group Co Cyclically Adjusted PB Ratio Related Terms

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


Dayu Irrigation Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 290, Jiefang Road, Gansu Province, Jiuquan, CHN, 735009
Dayu Irrigation Group Co Ltd is engaged in efficient water saving in agriculture, rural sewage treatment and safe drinking water for farmers.
Executives
Wang Chong Director
Yan Li Qun Directors, executives
Xie Yong Sheng Directors, executives
Tao Ying Executives
Wei Gao Yang Executives
Wang Hao Yu Director
Wang Guang Min Secretary Dong
Wang Dong Director
Yu Hu Hua Supervisors
Jia Lin Supervisors
Yang Ji Fu Director
Dang Ya Ping Director
Qiu Zhen Cun Executives
Nie Gen Hong Director
Zhong Wei Shan Supervisors

Dayu Irrigation Group Co Headlines

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