GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Xi'an ChenXiAviation Technology Corp Ltd (SZSE:300581) » Definitions » Cyclically Adjusted PB Ratio

Xi'an ChenXiAviation Technology (SZSE:300581) Cyclically Adjusted PB Ratio : 12.45 (As of Jun. 27, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Xi'an ChenXiAviation Technology Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Xi'an ChenXiAviation Technology's current share price is ¥17.06. Xi'an ChenXiAviation Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.37. Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio for today is 12.45.

The historical rank and industry rank for Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300581' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.56   Med: 7.33   Max: 13.04
Current: 12.99

During the past years, Xi'an ChenXiAviation Technology's highest Cyclically Adjusted PB Ratio was 13.04. The lowest was 5.56. And the median was 7.33.

SZSE:300581's Cyclically Adjusted PB Ratio is ranked worse than
85.92% of 206 companies
in the Aerospace & Defense industry
Industry Median: 3.125 vs SZSE:300581: 12.99

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.

Xi'an ChenXiAviation Technology's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.789. 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 ¥1.37 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xi'an ChenXiAviation Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xi'an ChenXiAviation Technology'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.

Xi'an ChenXiAviation Technology Cyclically Adjusted PB Ratio Chart

Xi'an ChenXiAviation Technology 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 - - - - 8.39

Xi'an ChenXiAviation Technology 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 6.99 6.11 7.04 8.39 7.04

Competitive Comparison of Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Xi'an ChenXiAviation Technology'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.


Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio falls into.


;
;

Xi'an ChenXiAviation Technology 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.

Xi'an ChenXiAviation Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.06/1.37
=12.45

* 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.

Xi'an ChenXiAviation Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Xi'an ChenXiAviation Technology'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)
=1.789/115.1156*115.1156
=1.789

Current CPI (Mar. 2025) = 115.1156.

Xi'an ChenXiAviation Technology Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.420 99.000 0.488
201509 0.000 100.500 0.000
201512 0.553 100.600 0.633
201603 0.000 102.200 0.000
201606 0.601 101.400 0.682
201609 0.458 102.400 0.515
201612 0.986 102.600 1.106
201703 0.989 103.200 1.103
201706 1.001 103.100 1.118
201709 1.013 104.100 1.120
201712 1.064 104.500 1.172
201803 1.062 105.300 1.161
201806 1.075 104.900 1.180
201809 1.127 106.600 1.217
201812 1.190 106.500 1.286
201903 1.198 107.700 1.280
201906 1.198 107.700 1.280
201909 1.222 109.800 1.281
201912 1.258 111.200 1.302
202003 1.243 112.300 1.274
202006 1.234 110.400 1.287
202009 1.287 111.700 1.326
202012 1.363 111.500 1.407
202103 1.367 112.662 1.397
202106 1.380 111.769 1.421
202109 1.385 112.215 1.421
202112 1.418 113.108 1.443
202203 1.368 114.335 1.377
202206 1.811 114.558 1.820
202209 1.809 115.339 1.806
202212 1.868 115.116 1.868
202303 1.854 115.116 1.854
202306 1.826 114.558 1.835
202309 1.808 115.339 1.805
202312 1.878 114.781 1.883
202403 1.851 115.227 1.849
202406 1.819 114.781 1.824
202409 1.820 115.785 1.809
202412 1.817 114.893 1.821
202503 1.789 115.116 1.789

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.


Xi'an ChenXiAviation Technology  (SZSE:300581) 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.


Xi'an ChenXiAviation Technology Cyclically Adjusted PB Ratio Related Terms

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


Xi'an ChenXiAviation Technology Business Description

Traded in Other Exchanges
N/A
Address
69 Jinye Road, No. 11, District C, Pioneer Park, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710077
Website
Xi'an ChenXiAviation Technology Corp Ltd is engaged in manufacturing of aviation inertial navigation products, aircraft engines and electrical products.
Executives
Zhang Qian Xiao Independent director
Wang Man Cang Independent director

Xi'an ChenXiAviation Technology Headlines

No Headlines