GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Weihai Guangwei Composites Co Ltd (SZSE:300699) » Definitions » Cyclically Adjusted PB Ratio

Weihai Guangwei Composites Co (SZSE:300699) Cyclically Adjusted PB Ratio : 6.89 (As of Jun. 04, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Weihai Guangwei Composites Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Weihai Guangwei Composites Co's current share price is ¥30.88. Weihai Guangwei Composites Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.48. Weihai Guangwei Composites Co's Cyclically Adjusted PB Ratio for today is 6.89.

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

SZSE:300699' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.25   Med: 6.6   Max: 6.9
Current: 6.83

During the past years, Weihai Guangwei Composites Co's highest Cyclically Adjusted PB Ratio was 6.90. The lowest was 6.25. And the median was 6.60.

SZSE:300699's Cyclically Adjusted PB Ratio is ranked worse than
91% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs SZSE:300699: 6.83

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.

Weihai Guangwei Composites Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥6.822. 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 ¥4.48 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weihai Guangwei Composites Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Weihai Guangwei Composites 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.

Weihai Guangwei Composites Co Cyclically Adjusted PB Ratio Chart

Weihai Guangwei Composites 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 - - - - -

Weihai Guangwei Composites 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 - - - - 6.95

Competitive Comparison of Weihai Guangwei Composites Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Weihai Guangwei Composites 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.


Weihai Guangwei Composites Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Weihai Guangwei Composites Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Weihai Guangwei Composites Co's Cyclically Adjusted PB Ratio falls into.


;
;

Weihai Guangwei Composites 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.

Weihai Guangwei Composites Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.88/4.48
=6.89

* 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.

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

For example, Weihai Guangwei Composites 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)
=6.822/115.1156*115.1156
=6.822

Current CPI (Mar. 2025) = 115.1156.

Weihai Guangwei Composites Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 1.916 95.237 2.316
201312 1.600 97.624 1.887
201412 1.677 99.000 1.950
201503 1.704 99.900 1.964
201512 1.962 100.600 2.245
201609 0.000 102.400 0.000
201612 2.284 102.600 2.563
201703 0.000 103.200 0.000
201706 2.531 103.100 2.826
201709 3.106 104.100 3.435
201712 3.145 104.500 3.464
201803 3.245 105.300 3.547
201806 3.265 104.900 3.583
201809 3.384 106.600 3.654
201812 3.452 106.500 3.731
201903 3.637 107.700 3.887
201906 3.612 107.700 3.861
201909 3.794 109.800 3.978
201912 3.913 111.200 4.051
202003 4.126 112.300 4.229
202006 4.034 110.400 4.206
202009 4.237 111.700 4.367
202012 4.384 111.500 4.526
202103 4.650 112.662 4.751
202106 4.595 111.769 4.733
202109 4.819 112.215 4.944
202112 4.999 113.108 5.088
202203 5.249 114.335 5.285
202206 5.315 114.558 5.341
202209 5.646 115.339 5.635
202212 5.884 115.116 5.884
202303 6.105 115.116 6.105
202306 6.005 114.558 6.034
202309 6.270 115.339 6.258
202312 6.553 114.781 6.572
202403 6.555 115.227 6.549
202406 6.816 114.781 6.836
202409 6.621 115.785 6.583
202412 6.633 114.893 6.646
202503 6.822 115.116 6.822

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.


Weihai Guangwei Composites Co  (SZSE:300699) 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.


Weihai Guangwei Composites Co Cyclically Adjusted PB Ratio Related Terms

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


Weihai Guangwei Composites Co Business Description

Traded in Other Exchanges
N/A
Address
Tianjin High Road - 130, No. 130 Hi-Tech Zone, Shandong Province, Weihai, CHN, 264202
Weihai Guangwei Composites Co Ltd is engaged in research & development, production and sales of carbon fiber and carbon fiber composite materials.
Executives
Lin Feng Sen Executives
Zhang Yue Yi Directors, executives
Wang Zhuang Zhi Executives
Gao Zhang Xing Executives
Lu Zhao Jun Director
Wang Wen Yi Directors, executives
Li Shu Xiang Director
Tan Xian Cai Independent director

Weihai Guangwei Composites Co Headlines

No Headlines