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Yuhe International (Yuhe International) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Yuhe International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuhe International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yuhe International'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.

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Yuhe International Cyclically Adjusted PB Ratio Chart

Yuhe International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
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Yuhe International Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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Competitive Comparison of Yuhe International's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Yuhe International'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.


Yuhe International's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yuhe International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yuhe International 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.

Yuhe International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2011 is calculated as:

For example, Yuhe International's adjusted Book Value per Share data for the three months ended in Mar. 2011 was:

Adj_Book=Book Value per Share/CPI of Mar. 2011 (Change)*Current CPI (Mar. 2011)
=5.677/91.1538*91.1538
=5.677

Current CPI (Mar. 2011) = 91.1538.

Yuhe International Quarterly Data

Book Value per Share CPI Adj_Book
200106 0.018 70.359 0.023
200109 0.018 70.708 0.023
200112 0.017 70.849 0.022
200203 0.015 70.909 0.019
200206 -0.051 69.850 -0.067
200209 -0.066 70.265 -0.086
200212 -0.074 70.546 -0.096
200303 -0.096 71.532 -0.122
200306 -0.110 70.039 -0.143
200309 -0.118 71.018 -0.151
200312 -0.132 72.808 -0.165
200403 -0.147 73.682 -0.182
200406 -0.169 73.459 -0.210
200409 -0.191 74.637 -0.233
200412 0.000 74.488 0.000
200503 -0.015 75.597 -0.018
200506 -0.037 74.618 -0.045
200509 -0.044 75.290 -0.053
200512 -0.007 75.666 -0.008
200603 -0.029 76.340 -0.035
200606 -0.044 76.034 -0.053
200609 -0.066 76.413 -0.079
200612 -0.007 77.793 -0.008
200703 -0.037 78.884 -0.043
200706 -0.051 79.357 -0.059
200709 -0.007 81.276 -0.008
200712 0.000 82.911 0.000
200803 1.821 85.485 1.942
200806 2.030 85.058 2.175
200809 2.171 85.057 2.327
200812 2.647 83.956 2.874
200903 2.847 84.457 3.073
200906 2.992 83.615 3.262
200909 3.271 84.369 3.534
200912 3.514 85.386 3.751
201003 3.692 86.316 3.899
201006 3.913 85.886 4.153
201009 4.545 87.267 4.747
201012 5.322 89.289 5.433
201103 5.677 91.154 5.677

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.


Yuhe International  (GREY:YUII) 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.


Yuhe International Cyclically Adjusted PB Ratio Related Terms

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Yuhe International (Yuhe International) Business Description

Traded in Other Exchanges
N/A
Address
301 Hailong Street, Hanting Distric, Weifang, Shandong, CHN, 84106
Yuhe International Inc. is a supplier of day-old chickens raised for meat production, or broilers, in the People's Republic of China. The company operates in the middle of the commercial broiler chicken supply chain, where it purchases parent breeding stock from breeder farms, raises them to produce hatching eggs, and hatches the eggs to live day-old broilers, which are then sold to broiler raisers.

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