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Great Wall Motor Co (HKSE:02333) Cyclically Adjusted PB Ratio : 1.67 (As of Apr. 28, 2024)


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What is Great Wall Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Great Wall Motor Co's current share price is HK$11.60. Great Wall Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was HK$6.94. Great Wall Motor Co's Cyclically Adjusted PB Ratio for today is 1.67.

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

HKSE:02333' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.55   Max: 6.72
Current: 1.67

During the past years, Great Wall Motor Co's highest Cyclically Adjusted PB Ratio was 6.72. The lowest was 0.85. And the median was 1.55.

HKSE:02333's Cyclically Adjusted PB Ratio is ranked worse than
61.38% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs HKSE:02333: 1.67

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.

Great Wall Motor Co's adjusted book value per share data for the three months ended in Dec. 2023 was HK$8.817. 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 HK$6.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Wall Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Great Wall Motor 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.

Great Wall Motor Co Cyclically Adjusted PB Ratio Chart

Great Wall Motor 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 1.16 5.00 4.55 1.55 1.46

Great Wall Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.45 1.33 1.36 1.46 -

Competitive Comparison of Great Wall Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Great Wall Motor 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.


Great Wall Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Great Wall Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Great Wall Motor 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.

Great Wall Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.60/6.94
=1.67

* 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.

Great Wall Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Great Wall Motor 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)
=8.817/114.6694*114.6694
=8.817

Current CPI (Dec. 2023) = 114.6694.

Great Wall Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.133 98.600 4.807
201406 4.015 98.200 4.688
201409 4.299 98.900 4.984
201412 4.592 99.000 5.319
201503 4.903 99.900 5.628
201506 4.892 99.500 5.638
201509 4.463 100.500 5.092
201512 5.047 100.600 5.753
201603 5.330 102.200 5.980
201606 5.369 101.400 6.072
201609 5.593 102.400 6.263
201612 5.810 102.600 6.493
201703 6.086 103.200 6.762
201706 5.839 103.100 6.494
201709 6.119 104.100 6.740
201712 6.379 104.500 7.000
201803 6.961 105.300 7.580
201806 6.802 104.900 7.435
201809 6.426 106.600 6.912
201812 6.537 106.500 7.038
201903 6.843 107.700 7.286
201906 6.399 107.700 6.813
201909 6.395 109.800 6.679
201912 6.632 111.200 6.839
202003 6.450 112.300 6.586
202006 6.354 110.400 6.600
202009 6.764 111.700 6.944
202012 7.408 111.500 7.619
202103 7.350 112.662 7.481
202106 7.805 111.769 8.008
202109 7.696 112.215 7.864
202112 8.236 113.108 8.350
202203 8.655 114.335 8.680
202206 8.812 114.558 8.821
202209 8.704 115.339 8.653
202212 8.308 115.116 8.276
202303 8.499 115.116 8.466
202306 8.029 114.558 8.037
202309 8.301 115.339 8.253
202312 8.817 114.669 8.817

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.


Great Wall Motor Co  (HKSE:02333) 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.


Great Wall Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Great Wall Motor Co (HKSE:02333) Business Description

Traded in Other Exchanges
Address
No. 2266 Chaoyang Road South, Hebei Province, Baoding, CHN, 071000
Chinese automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2022, the company sold over 615,000 Haval-branded SUVs and 160,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 12th year. It also sold more than 195,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 90% of Great Wall's revenue, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.

Great Wall Motor Co (HKSE:02333) Headlines

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