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Doright Co (SZSE:300950) Cyclically Adjusted PB Ratio : 4.60 (As of May. 09, 2025)


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What is Doright Co Cyclically Adjusted PB Ratio?

As of today (2025-05-09), Doright Co's current share price is ¥16.15. Doright Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ¥3.51. Doright Co's Cyclically Adjusted PB Ratio for today is 4.60.

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

SZSE:300950' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 4.89   Max: 6.7
Current: 4.68

During the past 12 years, Doright Co's highest Cyclically Adjusted PB Ratio was 6.70. The lowest was 2.92. And the median was 4.89.

SZSE:300950's Cyclically Adjusted PB Ratio is ranked worse than
81.81% of 2067 companies
in the Industrial Products industry
Industry Median: 1.86 vs SZSE:300950: 4.68

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.

Doright Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ¥4.925. 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 ¥3.51 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doright Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Doright 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.

Doright Co Cyclically Adjusted PB Ratio Chart

Doright 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 - - 5.74 5.00 4.61

Doright 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 - - - 4.61 -

Competitive Comparison of Doright Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Doright 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.


Doright Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Doright Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Doright 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.

Doright Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.15/3.51
=4.60

* 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.

Doright Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Doright 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)
=4.925/114.8925*114.8925
=4.925

Current CPI (Dec24) = 114.8925.

Doright Co Annual Data

Book Value per Share CPI Adj_Book
201512 2.146 100.600 2.451
201612 2.292 102.600 2.567
201712 2.668 104.500 2.933
201812 2.930 106.500 3.161
201912 3.083 111.200 3.185
202012 3.241 111.500 3.340
202112 3.828 113.108 3.888
202212 4.209 115.116 4.201
202312 4.407 114.781 4.411
202412 4.925 114.893 4.925

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.


Doright Co  (SZSE:300950) 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.


Doright Co Cyclically Adjusted PB Ratio Related Terms

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


Doright Co Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Binzhou Road, Jiaozhou, Shandong Province, Qingdao, CHN, 266300
Doright Co Ltd is a energy-saving environmental protection equipment manufacturer. It integrates design, research and development, manufacturing, inspection, sales, and service to provide clean combustion and energy-saving heat transfer solutions for customers in the fields of chemical, energy, metallurgy, and sludge and waste incineration industries.
Executives
Liu Ru Gang Director
Song Chao Directors, executives
Meng Long Executives
Wei Zhen Wen Director

Doright Co Headlines

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