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Nanhua Instruments Co (SZSE:300417) Cyclically Adjusted PB Ratio : 3.54 (As of Jun. 05, 2025)


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What is Nanhua Instruments Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Nanhua Instruments Co's current share price is ¥11.88. Nanhua Instruments Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.36. Nanhua Instruments Co's Cyclically Adjusted PB Ratio for today is 3.54.

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

SZSE:300417' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.37   Max: 4.71
Current: 3.48

During the past years, Nanhua Instruments Co's highest Cyclically Adjusted PB Ratio was 4.71. The lowest was 1.80. And the median was 3.37.

SZSE:300417's Cyclically Adjusted PB Ratio is ranked worse than
74.69% of 1928 companies
in the Hardware industry
Industry Median: 1.66 vs SZSE:300417: 3.48

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.

Nanhua Instruments Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥3.385. 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 ¥3.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanhua Instruments Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nanhua Instruments 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.

Nanhua Instruments Co Cyclically Adjusted PB Ratio Chart

Nanhua Instruments 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 - - 3.14 3.89 3.53

Nanhua Instruments 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 2.67 2.54 3.06 3.53 3.26

Competitive Comparison of Nanhua Instruments Co's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Nanhua Instruments 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.


Nanhua Instruments Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Nanhua Instruments Co's Cyclically Adjusted PB Ratio falls into.


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Nanhua Instruments 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.

Nanhua Instruments Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.88/3.36
=3.54

* 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.

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

For example, Nanhua Instruments 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)
=3.385/115.1156*115.1156
=3.385

Current CPI (Mar. 2025) = 115.1156.

Nanhua Instruments Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.434 99.500 2.816
201509 2.511 100.500 2.876
201512 2.566 100.600 2.936
201603 2.602 102.200 2.931
201606 2.626 101.400 2.981
201609 2.655 102.400 2.985
201612 2.799 102.600 3.140
201703 2.814 103.200 3.139
201706 2.767 103.100 3.089
201709 2.837 104.100 3.137
201712 2.915 104.500 3.211
201803 2.871 105.300 3.139
201806 2.805 104.900 3.078
201809 2.834 106.600 3.060
201812 2.900 106.500 3.135
201903 2.802 107.700 2.995
201906 2.969 107.700 3.173
201909 3.241 109.800 3.398
201912 3.723 111.200 3.854
202003 3.813 112.300 3.909
202006 3.549 110.400 3.701
202009 3.701 111.700 3.814
202012 3.791 111.500 3.914
202103 3.859 112.662 3.943
202106 3.669 111.769 3.779
202109 3.633 112.215 3.727
202112 3.635 113.108 3.700
202203 3.614 114.335 3.639
202206 3.634 114.558 3.652
202209 3.661 115.339 3.654
202212 3.396 115.116 3.396
202303 3.372 115.116 3.372
202306 3.361 114.558 3.377
202309 3.381 115.339 3.374
202312 3.363 114.781 3.373
202403 3.328 115.227 3.325
202406 3.519 114.781 3.529
202409 3.442 115.785 3.422
202412 3.414 114.893 3.421
202503 3.385 115.116 3.385

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.


Nanhua Instruments Co  (SZSE:300417) 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.


Nanhua Instruments Co Cyclically Adjusted PB Ratio Related Terms

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


Nanhua Instruments Co Business Description

Traded in Other Exchanges
N/A
Address
Ping 4th Road, Pingzhou, Nanhai, Guangdong, Foshan, CHN, 528251
Nanhua Instruments Co Ltd is engaged in research, development, production, and sales of analytical instruments and systems for environmental protection and safety testing of motor vehicles. Its products include vehicle exhaust emission analyzers, vehicle environmental protection test systems, vehicle safety test instruments/systems and software for computer test. It exports its products to countries in Asia, America, Africa and Europe.
Executives
Xiao Ze Min Executives
Su Qi Yuan Executives
Zhou Liu Zhu Executives
Wu Song Ying Directors, executives
Li Yuan Supervisors
Yang Yao Guang Directors, executives
Deng Zhi Yi Director
Yang Wei Guang Director
Wang Guang Hui Executives
Liang Wei Ming Executives
Li Wei Xiong Supervisors
Luo Cai Qin Supervisors

Nanhua Instruments Co Headlines

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