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Baidu (XBUL:B1C) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 02, 2025)


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What is Baidu Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Baidu's current share price is лв72.60. Baidu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was лв67.62. Baidu's Cyclically Adjusted PB Ratio for today is 1.07.

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

XBUL:B1C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 3.88   Max: 31.19
Current: 1.09

During the past years, Baidu's highest Cyclically Adjusted PB Ratio was 31.19. The lowest was 1.06. And the median was 3.88.

XBUL:B1C's Cyclically Adjusted PB Ratio is ranked better than
61.16% of 327 companies
in the Interactive Media industry
Industry Median: 1.69 vs XBUL:B1C: 1.09

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.

Baidu's adjusted book value per share data for the three months ended in Mar. 2025 was лв185.027. 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 лв67.62 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baidu Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baidu'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.

Baidu Cyclically Adjusted PB Ratio Chart

Baidu 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 5.41 3.04 1.98 1.82 1.15

Baidu 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 1.56 1.25 1.47 1.15 1.22

Competitive Comparison of Baidu's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Baidu'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.


Baidu's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Baidu 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.

Baidu's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.60/67.62
=1.07

* 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.

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

For example, Baidu'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)
=185.027/115.1156*115.1156
=185.027

Current CPI (Mar. 2025) = 115.1156.

Baidu Quarterly Data

Book Value per Share CPI Adj_Book
201506 47.137 99.500 54.535
201509 43.588 100.500 49.927
201512 61.470 100.600 70.340
201603 62.477 102.200 70.373
201606 63.577 101.400 72.177
201609 65.200 102.400 73.296
201612 65.639 102.600 73.646
201703 67.276 103.200 75.044
201706 71.454 103.100 79.781
201709 81.694 104.100 90.339
201712 85.895 104.500 94.621
201803 96.605 105.300 105.610
201806 112.587 104.900 123.551
201809 114.243 106.600 123.369
201812 115.791 106.500 125.158
201903 119.207 107.700 127.415
201906 117.838 107.700 125.952
201909 109.642 109.800 114.950
201912 115.297 111.200 119.357
202003 115.183 112.300 118.071
202006 116.426 110.400 121.399
202009 129.729 111.700 133.696
202012 142.606 111.500 147.230
202103 173.629 112.662 177.411
202106 174.976 111.769 180.215
202109 160.793 112.215 164.949
202112 164.240 113.108 167.156
202203 165.429 114.335 166.559
202206 160.418 114.558 161.199
202209 151.332 115.339 151.039
202212 156.748 115.116 156.748
202303 163.271 115.116 163.271
202306 160.892 114.558 161.675
202309 161.940 115.339 161.627
202312 166.335 114.781 166.820
202403 167.884 115.227 167.722
202406 169.853 114.781 170.348
202409 181.577 115.785 180.528
202412 179.171 114.893 179.519
202503 185.027 115.116 185.027

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.


Baidu  (XBUL:B1C) 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.


Baidu Cyclically Adjusted PB Ratio Related Terms

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


Baidu Business Description

Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

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