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China Shenhua Energy Co (China Shenhua Energy Co) Cyclically Adjusted PB Ratio : 2.10 (As of Apr. 28, 2024)


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What is China Shenhua Energy Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), China Shenhua Energy Co's current share price is $16.45. China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.84. China Shenhua Energy Co's Cyclically Adjusted PB Ratio for today is 2.10.

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

CSUAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.39   Max: 2.33
Current: 2.2

During the past years, China Shenhua Energy Co's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.93. And the median was 1.39.

CSUAY's Cyclically Adjusted PB Ratio is ranked worse than
68.18% of 132 companies
in the Other Energy Sources industry
Industry Median: 1.495 vs CSUAY: 2.20

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.

China Shenhua Energy Co's adjusted book value per share data for the three months ended in Dec. 2023 was $11.523. 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 $7.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shenhua Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted PB Ratio Chart

China Shenhua Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.12 1.34 1.57 1.74

China Shenhua Energy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.57 1.59 1.73 1.74 1.74

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



China Shenhua Energy 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.

China Shenhua Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.45/7.84
=2.10

* 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.

China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, China Shenhua Energy Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.523/114.6694*114.6694
=11.523

Current CPI (Dec. 2023) = 114.6694.

China Shenhua Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.245 98.600 10.752
201406 8.956 98.200 10.458
201409 9.360 98.900 10.852
201412 9.594 99.000 11.113
201503 9.606 99.900 11.026
201506 9.407 99.500 10.841
201509 9.338 100.500 10.655
201512 9.130 100.600 10.407
201603 9.209 102.200 10.333
201606 9.086 101.400 10.275
201609 9.220 102.400 10.325
201612 9.078 102.600 10.146
201703 9.499 103.200 10.555
201706 8.272 103.100 9.200
201709 8.947 104.100 9.855
201712 9.196 104.500 10.091
201803 9.985 105.300 10.873
201806 9.586 104.900 10.479
201809 9.415 106.600 10.128
201812 9.576 106.500 10.311
201903 10.209 107.700 10.870
201906 9.763 107.700 10.395
201909 9.807 109.800 10.242
201912 10.091 111.200 10.406
202003 10.369 112.300 10.588
202006 9.867 110.400 10.249
202009 10.576 111.700 10.857
202012 11.077 111.500 11.392
202103 11.508 112.662 11.713
202106 11.004 111.769 11.290
202109 11.432 112.215 11.682
202112 11.907 113.108 12.071
202203 12.597 114.335 12.634
202206 11.107 114.558 11.118
202209 11.184 115.339 11.119
202212 11.375 115.116 11.331
202303 12.136 115.116 12.089
202306 10.708 114.558 10.718
202309 10.948 115.339 10.884
202312 11.523 114.669 11.523

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.


China Shenhua Energy Co  (OTCPK:CSUAY) 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.


China Shenhua Energy Co Cyclically Adjusted PB Ratio Related Terms

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


China Shenhua Energy Co (China Shenhua Energy Co) Business Description

Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

China Shenhua Energy Co (China Shenhua Energy Co) Headlines

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