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Beijing Easpring Material Technology Co (SZSE:300073) Cyclically Adjusted PB Ratio : 3.04 (As of Jun. 01, 2025)


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What is Beijing Easpring Material Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Beijing Easpring Material Technology Co's current share price is ¥37.94. Beijing Easpring Material Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥12.49. Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio for today is 3.04.

The historical rank and industry rank for Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300073' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.59   Med: 7.31   Max: 20.66
Current: 3.04

During the past years, Beijing Easpring Material Technology Co's highest Cyclically Adjusted PB Ratio was 20.66. The lowest was 2.59. And the median was 7.31.

SZSE:300073's Cyclically Adjusted PB Ratio is ranked worse than
66.27% of 2158 companies
in the Industrial Products industry
Industry Median: 2.01 vs SZSE:300073: 3.04

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.

Beijing Easpring Material Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥26.207. 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 ¥12.49 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Easpring Material Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beijing Easpring Material 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.

Beijing Easpring Material Technology Co Cyclically Adjusted PB Ratio Chart

Beijing Easpring Material 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 13.74 15.49 7.54 3.98 3.39

Beijing Easpring Material 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 3.84 3.20 3.80 3.39 3.32

Competitive Comparison of Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Beijing Easpring Material 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.


Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio falls into.


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Beijing Easpring Material 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.

Beijing Easpring Material Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.94/12.49
=3.04

* 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.

Beijing Easpring Material Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Beijing Easpring Material 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)
=26.207/115.1156*115.1156
=26.207

Current CPI (Mar. 2025) = 115.1156.

Beijing Easpring Material Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.558 99.500 2.959
201509 3.351 100.500 3.838
201512 3.392 100.600 3.881
201603 3.435 102.200 3.869
201606 3.491 101.400 3.963
201609 3.563 102.400 4.005
201612 3.663 102.600 4.110
201703 3.717 103.200 4.146
201706 4.069 103.100 4.543
201709 4.297 104.100 4.752
201712 4.326 104.500 4.765
201803 8.463 105.300 9.252
201806 7.129 104.900 7.823
201809 7.337 106.600 7.923
201812 7.540 106.500 8.150
201903 7.706 107.700 8.237
201906 7.766 107.700 8.301
201909 7.923 109.800 8.307
201912 6.922 111.200 7.166
202003 6.997 112.300 7.172
202006 7.256 110.400 7.566
202009 7.527 111.700 7.757
202012 8.726 111.500 9.009
202103 8.730 112.662 8.920
202106 9.221 111.769 9.497
202109 8.812 112.215 9.040
202112 18.654 113.108 18.985
202203 19.418 114.335 19.551
202206 20.031 114.558 20.129
202209 21.148 115.339 21.107
202212 22.685 115.116 22.685
202303 23.535 115.116 23.535
202306 23.844 114.558 23.960
202309 24.962 115.339 24.914
202312 25.816 114.781 25.891
202403 26.034 115.227 26.009
202406 25.629 114.781 25.704
202409 25.978 115.785 25.828
202412 25.995 114.893 26.045
202503 26.207 115.116 26.207

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.


Beijing Easpring Material Technology Co  (SZSE:300073) 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.


Beijing Easpring Material Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Beijing Easpring Material Technology Co Business Description

Traded in Other Exchanges
N/A
Address
South Fourth Ring Road, No. 21, Block 18, Headquarters Base, No. 188, Fengtai District, Beijing, CHN, 100160
Beijing Easpring Material Technology Co Ltd is engaged in research & development, production and sales of positive electrode materials for small lithium batteries and power lithium batteries such as lithium cobalt oxide, multi-materials and lithium manganese oxide.
Executives
Chen Yan Bin Executives
Wang Xiao Ming Executives
Guan Zhi Bo Executives
Bai Hou Shan Director
Yan Jun Xi Supervisors
Zhang Hui Qing Executives
Zhang Ming Xiang Supervisors

Beijing Easpring Material Technology Co Headlines

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