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Changzhou Zhongying Science & Technology Co (SZSE:300936) Cyclically Adjusted PB Ratio : 5.07 (As of Jun. 26, 2025)


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What is Changzhou Zhongying Science & Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-26), Changzhou Zhongying Science & Technology Co's current share price is ¥37.49. Changzhou Zhongying Science & Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥7.39. Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio for today is 5.07.

The historical rank and industry rank for Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300936' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.33   Med: 5.42   Max: 6.66
Current: 5.02

During the past 11 years, Changzhou Zhongying Science & Technology Co's highest Cyclically Adjusted PB Ratio was 6.66. The lowest was 4.33. And the median was 5.42.

SZSE:300936's Cyclically Adjusted PB Ratio is ranked worse than
79.51% of 2230 companies
in the Industrial Products industry
Industry Median: 2.05 vs SZSE:300936: 5.02

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.

Changzhou Zhongying Science & Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥13.490. 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 ¥7.39 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changzhou Zhongying Science & Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Changzhou Zhongying Science & 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.

Changzhou Zhongying Science & Technology Co Cyclically Adjusted PB Ratio Chart

Changzhou Zhongying Science & 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 - - - 7.08 5.11

Changzhou Zhongying Science & 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 - - - 5.11 -

Competitive Comparison of Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Changzhou Zhongying Science & 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.


Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio falls into.


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Changzhou Zhongying Science & 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.

Changzhou Zhongying Science & Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.49/7.39
=5.07

* 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.

Changzhou Zhongying Science & Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Changzhou Zhongying Science & Technology Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=13.49/114.8925*114.8925
=13.490

Current CPI (Dec24) = 114.8925.

Changzhou Zhongying Science & Technology Co Annual Data

Book Value per Share CPI Adj_Book
201512 0.286 100.600 0.327
201612 2.082 102.600 2.331
201712 2.969 104.500 3.264
201812 4.509 106.500 4.864
201912 5.355 111.200 5.533
202012 6.379 111.500 6.573
202112 11.770 113.108 11.956
202212 11.828 115.116 11.805
202312 13.770 114.781 13.783
202412 13.490 114.893 13.490

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.


Changzhou Zhongying Science & Technology Co  (SZSE:300936) 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.


Changzhou Zhongying Science & Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Changzhou Zhongying Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
28 Feilong West Road, Jiangsu Province, Changzhou, CHN, 213012
Changzhou Zhongying Science & Technology Co Ltd is engaged in the production and sales of high-frequency communication materials and products. It offers copper clad laminates, multilayer circuit boards, metal and non-metal pipes, modified plastics, modified plastic buried pipelines; polymers, and others.
Executives
Gu Shu Chun Directors, executives

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