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Astro-Century Education & Technology Co (SZSE:300654) Cyclically Adjusted PB Ratio : 6.02 (As of Jun. 04, 2025)


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What is Astro-Century Education & Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Astro-Century Education & Technology Co's current share price is ¥10.29. Astro-Century Education & Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.71. Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio for today is 6.02.

The historical rank and industry rank for Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300654' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.48   Med: 6.14   Max: 8.06
Current: 5.85

During the past years, Astro-Century Education & Technology Co's highest Cyclically Adjusted PB Ratio was 8.06. The lowest was 5.48. And the median was 6.14.

SZSE:300654's Cyclically Adjusted PB Ratio is ranked worse than
89.73% of 146 companies
in the Education industry
Industry Median: 1.4 vs SZSE:300654: 5.85

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.

Astro-Century Education & Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥2.331. 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 ¥1.71 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astro-Century Education & Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Astro-Century Education & Technology 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.

Astro-Century Education & Technology Co Cyclically Adjusted PB Ratio Chart

Astro-Century Education & Technology 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 - - - - 6.08

Astro-Century Education & Technology 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 - - - 6.08 6.24

Competitive Comparison of Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Astro-Century Education & Technology 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.


Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio falls into.


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Astro-Century Education & Technology 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.

Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.29/1.71
=6.02

* 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.

Astro-Century Education & Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Astro-Century Education & Technology 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)
=2.331/115.1156*115.1156
=2.331

Current CPI (Mar. 2025) = 115.1156.

Astro-Century Education & Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.785 99.000 0.913
201503 0.785 99.900 0.905
201506 0.000 99.500 0.000
201512 0.931 100.600 1.065
201606 0.957 101.400 1.086
201609 0.000 102.400 0.000
201612 1.071 102.600 1.202
201703 0.000 103.200 0.000
201706 0.820 103.100 0.916
201709 1.333 104.100 1.474
201712 1.373 104.500 1.512
201803 1.382 105.300 1.511
201806 1.366 104.900 1.499
201809 1.414 106.600 1.527
201812 1.444 106.500 1.561
201903 1.451 107.700 1.551
201906 1.437 107.700 1.536
201909 1.519 109.800 1.593
201912 1.520 111.200 1.574
202003 1.513 112.300 1.551
202006 1.488 110.400 1.552
202009 1.572 111.700 1.620
202012 1.594 111.500 1.646
202103 1.591 112.662 1.626
202106 1.543 111.769 1.589
202109 1.619 112.215 1.661
202112 1.656 113.108 1.685
202203 2.095 114.335 2.109
202206 2.054 114.558 2.064
202209 2.124 115.339 2.120
202212 2.158 115.116 2.158
202303 2.144 115.116 2.144
202306 2.176 114.558 2.187
202309 2.224 115.339 2.220
202312 2.257 114.781 2.264
202403 2.280 115.227 2.278
202406 2.247 114.781 2.254
202409 2.300 115.785 2.287
202412 2.316 114.893 2.320
202503 2.331 115.116 2.331

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.


Astro-Century Education & Technology Co  (SZSE:300654) 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.


Astro-Century Education & Technology Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Astro-Century Education & Technology Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Astro-Century Education & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
9 Tianhong Road, Gaoxin District, Zibo, CHN, 255086
Astro-Century Education & Technology Co Ltd provides learning and preparation solutions for teachers and students in primary and secondary schools in China. The company specializes in K12 basic education and provides online and offline education products and services in China. The main products are primary and secondary school students' reading aids, which are mainly based on primary and secondary school supplementary books.
Executives
Zhang Li Jie Directors, Directors, and Executives
Shan Jing Yi Executives
Di Wei Quan Executives
Qi Jia Guo Supervisors
Zhao Xian Tao Supervisors
Yang Kai Executives
Ren Zhi Hong Directors, executives
Zhang Xue Jun Directors, executives
Yu Bao Zeng Directors, executives

Astro-Century Education & Technology Co Headlines

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