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YaGuang Technology Group Co (SZSE:300123) Cyclically Adjusted PB Ratio : 1.73 (As of Jun. 05, 2025)


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What is YaGuang Technology Group Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), YaGuang Technology Group Co's current share price is ¥6.28. YaGuang Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.63. YaGuang Technology Group Co's Cyclically Adjusted PB Ratio for today is 1.73.

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

SZSE:300123' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.27   Max: 8.33
Current: 1.72

During the past years, YaGuang Technology Group Co's highest Cyclically Adjusted PB Ratio was 8.33. The lowest was 1.19. And the median was 2.27.

SZSE:300123's Cyclically Adjusted PB Ratio is ranked better than
70.39% of 206 companies
in the Aerospace & Defense industry
Industry Median: 3.055 vs SZSE:300123: 1.72

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.

YaGuang Technology Group Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.509. 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 ¥3.63 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


YaGuang Technology Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YaGuang Technology 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.

YaGuang Technology Group Co Cyclically Adjusted PB Ratio Chart

YaGuang Technology 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 4.12 2.69 1.65 2.02 1.59

YaGuang Technology 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 1.69 1.27 1.58 1.59 1.64

Competitive Comparison of YaGuang Technology Group Co's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, YaGuang Technology 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.


YaGuang Technology Group Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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


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YaGuang Technology 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.

YaGuang Technology Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.28/3.63
=1.73

* 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.

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

For example, YaGuang Technology 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)
=1.509/115.1156*115.1156
=1.509

Current CPI (Mar. 2025) = 115.1156.

YaGuang Technology Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.753 99.500 2.028
201509 1.798 100.500 2.059
201512 1.815 100.600 2.077
201603 1.794 102.200 2.021
201606 1.794 101.400 2.037
201609 1.981 102.400 2.227
201612 2.121 102.600 2.380
201703 2.113 103.200 2.357
201706 2.138 103.100 2.387
201709 4.479 104.100 4.953
201712 4.562 104.500 5.025
201803 4.581 105.300 5.008
201806 4.601 104.900 5.049
201809 4.633 106.600 5.003
201812 4.692 106.500 5.072
201903 4.746 107.700 5.073
201906 4.760 107.700 5.088
201909 4.812 109.800 5.045
201912 4.940 111.200 5.114
202003 4.969 112.300 5.094
202006 5.095 110.400 5.313
202009 5.135 111.700 5.292
202012 5.066 111.500 5.230
202103 5.099 112.662 5.210
202106 5.135 111.769 5.289
202109 5.107 112.215 5.239
202112 3.874 113.108 3.943
202203 3.782 114.335 3.808
202206 3.777 114.558 3.795
202209 3.716 115.339 3.709
202212 2.676 115.116 2.676
202303 2.696 115.116 2.696
202306 2.711 114.558 2.724
202309 2.715 115.339 2.710
202312 2.432 114.781 2.439
202403 2.422 115.227 2.420
202406 2.406 114.781 2.413
202409 2.350 115.785 2.336
202412 1.534 114.893 1.537
202503 1.509 115.116 1.509

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.


YaGuang Technology Group Co  (SZSE:300123) 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.


YaGuang Technology Group Co Cyclically Adjusted PB Ratio Related Terms

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


YaGuang Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
904, Building A, Luguzuobiao, Lugu High-tech Development Zone, Wangcheng, Changsha, Hunan, CHN, 410205
YaGuang Technology Group Co Ltd is engaged in the manufacturing of semiconductors mainly used in radar, aerospace communications, missiles and electronic countermeasures, and other domains. It is also into ship-building business and electronic component trading.
Executives
Li Yue Xian Director
Zhao Zheng Executives
He Shao Kang Supervisors
Huang Ai Min Executives
Xia Yi Cai Directors, executives
Li Bai Yin Executives
Xiong Yan Director

YaGuang Technology Group Co Headlines

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