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Shandong Ruifeng Chemical Co (SZSE:300243) Cyclically Adjusted PB Ratio : 3.18 (As of Jun. 04, 2025)


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What is Shandong Ruifeng Chemical Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Shandong Ruifeng Chemical Co's current share price is ¥10.51. Shandong Ruifeng Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.31. Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio for today is 3.18.

The historical rank and industry rank for Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300243' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 3.55   Max: 7.99
Current: 3.08

During the past years, Shandong Ruifeng Chemical Co's highest Cyclically Adjusted PB Ratio was 7.99. The lowest was 2.03. And the median was 3.55.

SZSE:300243's Cyclically Adjusted PB Ratio is ranked worse than
73.77% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs SZSE:300243: 3.08

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.

Shandong Ruifeng Chemical Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥4.564. 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 ¥3.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Ruifeng Chemical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shandong Ruifeng Chemical 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.

Shandong Ruifeng Chemical Co Cyclically Adjusted PB Ratio Chart

Shandong Ruifeng Chemical 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 6.57 5.29 2.79 3.26 2.93

Shandong Ruifeng Chemical 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 2.48 2.94 2.96 2.93 2.89

Competitive Comparison of Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Shandong Ruifeng Chemical 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.


Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio falls into.


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Shandong Ruifeng Chemical 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.

Shandong Ruifeng Chemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.51/3.31
=3.18

* 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.

Shandong Ruifeng Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shandong Ruifeng Chemical 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)
=4.564/115.1156*115.1156
=4.564

Current CPI (Mar. 2025) = 115.1156.

Shandong Ruifeng Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.946 99.500 2.251
201509 1.996 100.500 2.286
201512 2.058 100.600 2.355
201603 2.093 102.200 2.358
201606 2.109 101.400 2.394
201609 2.140 102.400 2.406
201612 2.105 102.600 2.362
201703 2.141 103.200 2.388
201706 2.178 103.100 2.432
201709 2.211 104.100 2.445
201712 2.245 104.500 2.473
201803 2.322 105.300 2.538
201806 2.491 104.900 2.734
201809 2.606 106.600 2.814
201812 2.586 106.500 2.795
201903 2.692 107.700 2.877
201906 2.759 107.700 2.949
201909 2.826 109.800 2.963
201912 2.906 111.200 3.008
202003 2.956 112.300 3.030
202006 2.971 110.400 3.098
202009 3.100 111.700 3.195
202012 3.210 111.500 3.314
202103 3.347 112.662 3.420
202106 3.434 111.769 3.537
202109 3.818 112.215 3.917
202112 3.848 113.108 3.916
202203 3.996 114.335 4.023
202206 3.998 114.558 4.017
202209 4.020 115.339 4.012
202212 4.027 115.116 4.027
202303 4.052 115.116 4.052
202306 4.263 114.558 4.284
202309 4.363 115.339 4.355
202312 4.556 114.781 4.569
202403 4.595 115.227 4.591
202406 4.547 114.781 4.560
202409 4.602 115.785 4.575
202412 4.542 114.893 4.551
202503 4.564 115.116 4.564

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.


Shandong Ruifeng Chemical Co  (SZSE:300243) 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.


Shandong Ruifeng Chemical Co Cyclically Adjusted PB Ratio Related Terms

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


Shandong Ruifeng Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
Yiyuan Economic Development Zone, Shandong, Zibo, CHN, 256100
Shandong Ruifeng Chemical Co Ltd is engaged in the research, development, manufacture, and sales of PVC auxiliaries. The products of the company are acrylate impact modifier, impact modifier MBS resin, and ultra-high molecular weight PVC foaming regulator.
Executives
Tang Chuan Xun Director
Song Zhi Gang Directors, executives
Ding Feng Supervisors
Shao Ze Heng Director
Qi Yuan Yu Supervisors
Xu Yue Ling Executives
Zhao Zi Yang Secretary Dong
Zhu Xi Hai Securities Affairs Representative
Zhou Hai Directors, executives
Liu Chun Xin Executives
Zhang Rong Xing Executives
Zhou Shi Bin Director
Cai Cheng Yu Directors, executives
Zhang Lin Directors, Directors, and Executives
Sang Pei Zhou Directors, executives

Shandong Ruifeng Chemical Co Headlines

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