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Zhejiang Meorient Commerce & Exhibition (SZSE:300795) Cyclically Adjusted PB Ratio : 10.47 (As of Jun. 04, 2025)


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What is Zhejiang Meorient Commerce & Exhibition Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Zhejiang Meorient Commerce & Exhibition's current share price is ¥15.49. Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.48. Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio for today is 10.47.

The historical rank and industry rank for Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300795' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.06   Med: 10.27   Max: 10.77
Current: 10.34

During the past years, Zhejiang Meorient Commerce & Exhibition's highest Cyclically Adjusted PB Ratio was 10.77. The lowest was 10.06. And the median was 10.27.

SZSE:300795's Cyclically Adjusted PB Ratio is ranked worse than
95.47% of 685 companies
in the Business Services industry
Industry Median: 1.55 vs SZSE:300795: 10.34

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.

Zhejiang Meorient Commerce & Exhibition's adjusted book value per share data for the three months ended in Mar. 2025 was ¥1.963. 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 ¥1.48 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Meorient Commerce & Exhibition Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zhejiang Meorient Commerce & Exhibition'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.

Zhejiang Meorient Commerce & Exhibition Cyclically Adjusted PB Ratio Chart

Zhejiang Meorient Commerce & Exhibition Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Zhejiang Meorient Commerce & Exhibition 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 - - - - 10.76

Competitive Comparison of Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Zhejiang Meorient Commerce & Exhibition'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.


Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio falls into.


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Zhejiang Meorient Commerce & Exhibition 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.

Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.49/1.48
=10.47

* 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.

Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zhejiang Meorient Commerce & Exhibition'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)
=1.963/115.1156*115.1156
=1.963

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Meorient Commerce & Exhibition Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.863 95.237 1.043
201312 0.990 97.624 1.167
201406 0.646 98.200 0.757
201412 0.929 99.000 1.080
201506 0.988 99.500 1.143
201512 1.388 100.600 1.588
201606 1.308 101.400 1.485
201612 1.542 102.600 1.730
201703 0.000 103.200 0.000
201706 1.358 103.100 1.516
201712 0.979 104.500 1.078
201803 0.885 105.300 0.967
201806 0.814 104.900 0.893
201809 0.000 106.600 0.000
201812 1.058 106.500 1.144
201903 0.000 107.700 0.000
201906 1.133 107.700 1.211
201909 0.888 109.800 0.931
201912 2.053 111.200 2.125
202003 1.644 112.300 1.685
202006 1.528 110.400 1.593
202009 1.536 111.700 1.583
202012 1.482 111.500 1.530
202103 1.428 112.662 1.459
202106 1.415 111.769 1.457
202109 1.362 112.215 1.397
202112 1.311 113.108 1.334
202203 1.263 114.335 1.272
202206 1.274 114.558 1.280
202209 1.290 115.339 1.288
202212 1.515 115.116 1.515
202303 1.527 115.116 1.527
202306 1.799 114.558 1.808
202309 1.831 115.339 1.827
202312 2.200 114.781 2.206
202403 2.221 115.227 2.219
202406 2.086 114.781 2.092
202409 1.783 115.785 1.773
202412 2.074 114.893 2.078
202503 1.963 115.116 1.963

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.


Zhejiang Meorient Commerce & Exhibition  (SZSE:300795) 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.


Zhejiang Meorient Commerce & Exhibition Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Zhejiang Meorient Commerce & Exhibition's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Meorient Commerce & Exhibition Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Baiyang Street, Room 912, Building 3, No. 452, Economic and Technological Development Zone, Zhejiang, Hangzhou, CHN, 310018
Zhejiang Meorient Commerce & Exhibition Inc is a conference and exhibition service provider.
Executives
Pan Jian Jun Director
Yao Zong Xian Directors, Directors, and Executives
Fang Huan Sheng Directors, executives
Liu Feng Yi Executives
Zhang Min Qing Supervisors
He Wen Xi Supervisors
Zheng Wei Executives
Cheng Yi Jun Executives

Zhejiang Meorient Commerce & Exhibition Headlines

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