GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Puyang Huicheng Electronic Material Co Ltd (SZSE:300481) » Definitions » Cyclically Adjusted PB Ratio

Puyang Huicheng Electronic Material Co (SZSE:300481) Cyclically Adjusted PB Ratio : 2.83 (As of Jun. 04, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Puyang Huicheng Electronic Material Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Puyang Huicheng Electronic Material Co's current share price is ¥13.48. Puyang Huicheng Electronic Material Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.77. Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio for today is 2.83.

The historical rank and industry rank for Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300481' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 3.58   Max: 7.68
Current: 2.79

During the past years, Puyang Huicheng Electronic Material Co's highest Cyclically Adjusted PB Ratio was 7.68. The lowest was 2.77. And the median was 3.58.

SZSE:300481's Cyclically Adjusted PB Ratio is ranked worse than
69.86% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs SZSE:300481: 2.79

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.

Puyang Huicheng Electronic Material Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥8.388. 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 ¥4.77 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Puyang Huicheng Electronic Material Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Puyang Huicheng Electronic Material 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.

Puyang Huicheng Electronic Material Co Cyclically Adjusted PB Ratio Chart

Puyang Huicheng Electronic Material 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 - - - 4.25 3.23

Puyang Huicheng Electronic Material 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 3.08 3.20 3.59 3.23 3.16

Competitive Comparison of Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Puyang Huicheng Electronic Material 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.


Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio falls into.


;
;

Puyang Huicheng Electronic Material 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.

Puyang Huicheng Electronic Material Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.48/4.77
=2.83

* 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.

Puyang Huicheng Electronic Material Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Puyang Huicheng Electronic Material 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)
=8.388/115.1156*115.1156
=8.388

Current CPI (Mar. 2025) = 115.1156.

Puyang Huicheng Electronic Material Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.679 99.500 1.943
201509 1.737 100.500 1.990
201512 1.801 100.600 2.061
201603 1.855 102.200 2.089
201606 1.767 101.400 2.006
201609 1.830 102.400 2.057
201612 1.905 102.600 2.137
201703 1.963 103.200 2.190
201706 1.971 103.100 2.201
201709 2.034 104.100 2.249
201712 2.115 104.500 2.330
201803 2.835 105.300 3.099
201806 2.730 104.900 2.996
201809 2.864 106.600 3.093
201812 2.976 106.500 3.217
201903 3.088 107.700 3.301
201906 3.054 107.700 3.264
201909 3.225 109.800 3.381
201912 3.369 111.200 3.488
202003 3.502 112.300 3.590
202006 3.524 110.400 3.675
202009 3.716 111.700 3.830
202012 3.889 111.500 4.015
202103 3.565 112.662 3.643
202106 6.277 111.769 6.465
202109 6.462 112.215 6.629
202112 6.735 113.108 6.855
202203 7.030 114.335 7.078
202206 7.064 114.558 7.098
202209 7.456 115.339 7.442
202212 7.828 115.116 7.828
202303 8.071 115.116 8.071
202306 7.920 114.558 7.959
202309 8.122 115.339 8.106
202312 8.254 114.781 8.278
202403 8.440 115.227 8.432
202406 8.138 114.781 8.162
202409 8.219 115.785 8.171
202412 8.157 114.893 8.173
202503 8.388 115.116 8.388

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.


Puyang Huicheng Electronic Material Co  (SZSE:300481) 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.


Puyang Huicheng Electronic Material Co Cyclically Adjusted PB Ratio Related Terms

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


Puyang Huicheng Electronic Material Co Business Description

Traded in Other Exchanges
N/A
Address
West Section of Shengli Road, Henan Province, Puyang, CHN, 457000
Puyang Huicheng Electronic Material Co Ltd is specialized in research, production, and trade of acid anhydrides and other functional material intermediates. The company exports its products to Europe, America and Southeast Asia. The company also offers esters, acids, amines, and other products.
Executives
Zhang Guo Min Supervisors
Chen Shu Min Directors, Directors, and Executives
Cui Fu Min Executives
Wang Guo Qing Directors, executives
Liu Xiang Yang Supervisors
Zhao Zhi Yan Executives
Tian Wei Bo Executives
Wei Hong Gu Securities Affairs Representative

Puyang Huicheng Electronic Material Co Headlines

No Headlines