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Ningbo GQY Video & Telecom JSC (SZSE:300076) Cyclically Adjusted PB Ratio : 2.66 (As of Jun. 04, 2025)


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What is Ningbo GQY Video & Telecom JSC Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Ningbo GQY Video & Telecom JSC's current share price is ¥6.75. Ningbo GQY Video & Telecom JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.54. Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio for today is 2.66.

The historical rank and industry rank for Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300076' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.92   Max: 3.6
Current: 2.63

During the past years, Ningbo GQY Video & Telecom JSC's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 1.20. And the median was 1.92.

SZSE:300076's Cyclically Adjusted PB Ratio is ranked worse than
58.79% of 2172 companies
in the Industrial Products industry
Industry Median: 2.05 vs SZSE:300076: 2.63

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.

Ningbo GQY Video & Telecom JSC's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.173. 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 ¥2.54 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo GQY Video & Telecom JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ningbo GQY Video & Telecom JSC'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.

Ningbo GQY Video & Telecom JSC Cyclically Adjusted PB Ratio Chart

Ningbo GQY Video & Telecom JSC 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 1.88 2.18 1.90 2.08 2.76

Ningbo GQY Video & Telecom JSC 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 1.67 1.24 1.96 2.76 2.95

Competitive Comparison of Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Ningbo GQY Video & Telecom JSC'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.


Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio falls into.


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Ningbo GQY Video & Telecom JSC 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.

Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.75/2.54
=2.66

* 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.

Ningbo GQY Video & Telecom JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ningbo GQY Video & Telecom JSC'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)
=2.173/115.1156*115.1156
=2.173

Current CPI (Mar. 2025) = 115.1156.

Ningbo GQY Video & Telecom JSC Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.516 99.500 2.911
201509 2.519 100.500 2.885
201512 2.512 100.600 2.874
201603 2.511 102.200 2.828
201606 2.515 101.400 2.855
201609 2.508 102.400 2.819
201612 2.461 102.600 2.761
201703 2.417 103.200 2.696
201706 2.539 103.100 2.835
201709 2.521 104.100 2.788
201712 2.336 104.500 2.573
201803 2.424 105.300 2.650
201806 2.421 104.900 2.657
201809 2.414 106.600 2.607
201812 2.384 106.500 2.577
201903 2.365 107.700 2.528
201906 2.402 107.700 2.567
201909 2.403 109.800 2.519
201912 2.396 111.200 2.480
202003 2.407 112.300 2.467
202006 2.416 110.400 2.519
202009 2.425 111.700 2.499
202012 2.433 111.500 2.512
202103 2.424 112.662 2.477
202106 2.410 111.769 2.482
202109 2.410 112.215 2.472
202112 2.415 113.108 2.458
202203 2.412 114.335 2.428
202206 2.404 114.558 2.416
202209 2.399 115.339 2.394
202212 2.377 115.116 2.377
202303 2.368 115.116 2.368
202306 2.376 114.558 2.388
202309 2.361 115.339 2.356
202312 2.329 114.781 2.336
202403 2.329 115.227 2.327
202406 2.294 114.781 2.301
202409 2.271 115.785 2.258
202412 2.196 114.893 2.200
202503 2.173 115.116 2.173

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.


Ningbo GQY Video & Telecom JSC  (SZSE:300076) 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.


Ningbo GQY Video & Telecom JSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ningbo GQY Video & Telecom JSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ningbo GQY Video & Telecom JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 131, Binhai 4th Road, Hangzhou Bay New District, Ningbo City, CHN, 201206
Ningbo GQY Video & Telecom JSC Ltd operates as AR professional video and intelligent service robots. The solutions offered by the company include visual display, 3D stereoscopic display, and PGIS information system.
Executives
Chen Yun Hua Directors, executives
Mao Xue Qin Director
Sun Shu Min Supervisors
Guo Qi Yin Directors, executives
Yuan Xiang Yang Director
Shen Jun Supervisors
Lu Ya Supervisors

Ningbo GQY Video & Telecom JSC Headlines

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