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Shenzhen Sunway Communication Co (SZSE:300136) Cyclically Adjusted PB Ratio : 5.23 (As of Jan. 18, 2025)


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What is Shenzhen Sunway Communication Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Shenzhen Sunway Communication Co's current share price is ¥23.89. Shenzhen Sunway Communication Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥4.57. Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio for today is 5.23.

The historical rank and industry rank for Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300136' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.88   Med: 8.41   Max: 31.29
Current: 4.89

During the past years, Shenzhen Sunway Communication Co's highest Cyclically Adjusted PB Ratio was 31.29. The lowest was 3.88. And the median was 8.41.

SZSE:300136's Cyclically Adjusted PB Ratio is ranked worse than
84.16% of 1686 companies
in the Hardware industry
Industry Median: 1.84 vs SZSE:300136: 4.89

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.

Shenzhen Sunway Communication Co's adjusted book value per share data for the three months ended in Sep. 2024 was ¥7.419. 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 ¥4.57 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Sunway Communication Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shenzhen Sunway Communication 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.

Shenzhen Sunway Communication Co Cyclically Adjusted PB Ratio Chart

Shenzhen Sunway Communication Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.03 15.77 8.97 4.81 5.83

Shenzhen Sunway Communication Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.06 5.83 4.77 4.48 5.07

Competitive Comparison of Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Shenzhen Sunway Communication 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.


Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio falls into.



Shenzhen Sunway Communication 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.

Shenzhen Sunway Communication Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.89/4.57
=5.23

* 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.

Shenzhen Sunway Communication Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Shenzhen Sunway Communication Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.419/115.7848*115.7848
=7.419

Current CPI (Sep. 2024) = 115.7848.

Shenzhen Sunway Communication Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.772 99.000 0.903
201503 0.803 99.900 0.931
201506 0.839 99.500 0.976
201509 1.345 100.500 1.550
201512 1.452 100.600 1.671
201603 1.527 102.200 1.730
201606 1.593 101.400 1.819
201609 1.803 102.400 2.039
201612 2.002 102.600 2.259
201703 2.173 103.200 2.438
201706 2.348 103.100 2.637
201709 2.613 104.100 2.906
201712 2.808 104.500 3.111
201803 3.021 105.300 3.322
201806 3.255 104.900 3.593
201809 3.637 106.600 3.950
201812 3.774 106.500 4.103
201903 4.009 107.700 4.310
201906 4.143 107.700 4.454
201909 4.651 109.800 4.905
201912 4.627 111.200 4.818
202003 4.939 112.300 5.092
202006 5.162 110.400 5.414
202009 5.629 111.700 5.835
202012 5.709 111.500 5.928
202103 5.827 112.662 5.989
202106 5.900 111.769 6.112
202109 6.217 112.215 6.415
202112 6.176 113.108 6.322
202203 6.299 114.335 6.379
202206 6.314 114.558 6.382
202209 6.760 115.339 6.786
202212 6.805 115.116 6.845
202303 6.949 115.116 6.989
202306 6.966 114.558 7.041
202309 7.292 115.339 7.320
202312 7.265 114.781 7.329
202403 7.402 115.227 7.438
202406 7.356 114.781 7.420
202409 7.419 115.785 7.419

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.


Shenzhen Sunway Communication Co  (SZSE:300136) 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.


Shenzhen Sunway Communication Co Cyclically Adjusted PB Ratio Related Terms

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


Shenzhen Sunway Communication Co Business Description

Traded in Other Exchanges
N/A
Address
Building 8&9, Changxing High-tech Industrial Park, Wan’an Road, Shajing Town, Bao’an District, Shenzhen, CHN, 518104
Shenzhen Sunway Communication Co Ltd is operating in the communication industry. The company is primarily focusing on the research and development, manufacturing, sales and marketing of the mobile terminal antennas and related modules, acoustic modules and connectors with high electromagnetic compatibility. Its products offering include mobile antenna, precision metal parts, MIM metal parts, acoustics and new materials products. Its products mainly apply to consumer electronic fields like smartphone/tablet PC, smart wearable devices, smart home/IoT and smart automobiles, and primarily expand the supporting capability towards industry, automobile, and military fields.
Executives
Peng Hao Directors, executives
Zuo Jian Bin Executives
Wu Hui Lin Directors, executives
Mao Da Dong Executives
Wang Ke Fu Supervisors
Wang Hong Bo Independent director
Yang Zhao Guo Director
Hu Shu Zhou Director
Xiang Li Ping Supervisors
Luo Chen Securities Affairs Representative
Wei Ji Jian Executives
Zhou Zhong Rong Executives
Yu Wei Director
Zhu Jie Executives
Li Ai Hua Supervisors

Shenzhen Sunway Communication Co Headlines

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