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Fulin Precision Co (SZSE:300432) Cyclically Adjusted PB Ratio : 7.16 (As of Jun. 05, 2025)


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What is Fulin Precision Co Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Fulin Precision Co's current share price is ¥12.88. Fulin Precision Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.80. Fulin Precision Co's Cyclically Adjusted PB Ratio for today is 7.16.

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

SZSE:300432' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.61   Max: 7.03
Current: 7.03

During the past years, Fulin Precision Co's highest Cyclically Adjusted PB Ratio was 7.03. The lowest was 1.89. And the median was 3.61.

SZSE:300432's Cyclically Adjusted PB Ratio is ranked worse than
91.03% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs SZSE:300432: 7.03

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.

Fulin Precision Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.635. 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 ¥1.80 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulin Precision Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fulin Precision 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.

Fulin Precision Co Cyclically Adjusted PB Ratio Chart

Fulin Precision 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 - - - 4.78 6.28

Fulin Precision 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 3.28 2.80 3.91 6.28 7.78

Competitive Comparison of Fulin Precision Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Fulin Precision 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.


Fulin Precision Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fulin Precision Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Fulin Precision 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.

Fulin Precision Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.88/1.80
=7.16

* 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.

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

For example, Fulin Precision 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)
=2.635/115.1156*115.1156
=2.635

Current CPI (Mar. 2025) = 115.1156.

Fulin Precision Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.641 99.500 0.742
201509 0.672 100.500 0.770
201512 0.707 100.600 0.809
201603 0.687 102.200 0.774
201606 0.733 101.400 0.832
201609 0.544 102.400 0.612
201612 1.914 102.600 2.147
201703 1.960 103.200 2.186
201706 1.947 103.100 2.174
201709 2.003 104.100 2.215
201712 2.211 104.500 2.436
201803 2.225 105.300 2.432
201806 2.076 104.900 2.278
201809 2.100 106.600 2.268
201812 0.928 106.500 1.003
201903 0.947 107.700 1.012
201906 0.972 107.700 1.039
201909 0.933 109.800 0.978
201912 1.127 111.200 1.167
202003 1.181 112.300 1.211
202006 1.221 110.400 1.273
202009 1.291 111.700 1.330
202012 1.340 111.500 1.383
202103 1.405 112.662 1.436
202106 1.444 111.769 1.487
202109 1.497 112.215 1.536
202112 1.624 113.108 1.653
202203 2.480 114.335 2.497
202206 2.564 114.558 2.576
202209 2.710 115.339 2.705
202212 2.805 115.116 2.805
202303 2.500 115.116 2.500
202306 2.473 114.558 2.485
202309 2.431 115.339 2.426
202312 2.346 114.781 2.353
202403 2.370 115.227 2.368
202406 2.436 114.781 2.443
202409 2.541 115.785 2.526
202412 2.466 114.893 2.471
202503 2.635 115.116 2.635

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.


Fulin Precision Co  (SZSE:300432) 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.


Fulin Precision Co Cyclically Adjusted PB Ratio Related Terms

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


Fulin Precision Co Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Fenghuang Middle Road, High-end Equipment Manufacturing Industrial Park, Sichuan Province, Mianyang, CHN, 621000
Fulin Precision Co Ltd is engaged in research and development, manufacturing and sales of automotive engine parts. Its product portfolio includes Hydraulic Tappet, Mechanical Valve Tappet, Hydraulic Tensioner, Rocker Arm, Nozzle, Variable Valve Actuation System, Direct Injection System (high-pressure pump Tappet, GDI Housing), precise components of Automatic Transmission and Fuel Injector.
Executives
Yang Yu Directors, executives
Li Peng Cheng Secretary, Director
Teng Ming Bo Director
Nie Dan Director
Tan Jian Wei Director
Peng Jian Sheng Directors, executives
Lu Qi Yong Director
Peng Shu Directors, executives
Lai Tong Bin Supervisors
Luo Tai Ping Independent director

Fulin Precision Co Headlines

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