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Shanghai Jahwa United Co (SHSE:600315) Cyclically Adjusted PB Ratio : 2.12 (As of May. 31, 2024)


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What is Shanghai Jahwa United Co Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Shanghai Jahwa United Co's current share price is ¥20.05. Shanghai Jahwa United Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥9.47. Shanghai Jahwa United Co's Cyclically Adjusted PB Ratio for today is 2.12.

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

SHSE:600315' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.81   Med: 6.66   Max: 26.6
Current: 2.12

During the past years, Shanghai Jahwa United Co's highest Cyclically Adjusted PB Ratio was 26.60. The lowest was 1.81. And the median was 6.66.

SHSE:600315's Cyclically Adjusted PB Ratio is ranked worse than
66.79% of 1313 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs SHSE:600315: 2.12

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.

Shanghai Jahwa United Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥11.713. 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 ¥9.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Jahwa United Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Jahwa United 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.

Shanghai Jahwa United Co Cyclically Adjusted PB Ratio Chart

Shanghai Jahwa United 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 4.74 4.83 5.06 3.65 2.28

Shanghai Jahwa United 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 3.38 3.23 2.84 2.28 1.92

Competitive Comparison of Shanghai Jahwa United Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Shanghai Jahwa United 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.


Shanghai Jahwa United Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Jahwa United Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shanghai Jahwa United 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.

Shanghai Jahwa United Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.05/9.47
=2.12

* 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.

Shanghai Jahwa United Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Jahwa United Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.713/115.2271*115.2271
=11.713

Current CPI (Mar. 2024) = 115.2271.

Shanghai Jahwa United Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.362 98.200 6.292
201409 5.610 98.900 6.536
201412 5.659 99.000 6.587
201503 5.946 99.900 6.858
201506 6.317 99.500 7.315
201509 6.449 100.500 7.394
201512 8.499 100.600 9.735
201603 8.684 102.200 9.791
201606 9.038 101.400 10.270
201609 8.155 102.400 9.177
201612 7.813 102.600 8.775
201703 7.985 103.200 8.916
201706 8.055 103.100 9.002
201709 8.207 104.100 9.084
201712 7.984 104.500 8.804
201803 8.339 105.300 9.125
201806 8.362 104.900 9.185
201809 8.670 106.600 9.372
201812 8.664 106.500 9.374
201903 9.056 107.700 9.689
201906 9.088 107.700 9.723
201909 9.255 109.800 9.712
201912 9.364 111.200 9.703
202003 9.430 112.300 9.676
202006 9.268 110.400 9.673
202009 9.350 111.700 9.645
202012 9.586 111.500 9.906
202103 9.901 112.662 10.126
202106 9.845 111.769 10.150
202109 9.969 112.215 10.237
202112 10.246 113.108 10.438
202203 10.470 114.335 10.552
202206 10.086 114.558 10.145
202209 10.389 115.339 10.379
202212 10.679 115.116 10.689
202303 11.029 115.116 11.040
202306 11.165 114.558 11.230
202309 11.202 115.339 11.191
202312 11.372 114.781 11.416
202403 11.713 115.227 11.713

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.


Shanghai Jahwa United Co  (SHSE:600315) 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.


Shanghai Jahwa United Co Cyclically Adjusted PB Ratio Related Terms

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


Shanghai Jahwa United Co (SHSE:600315) Business Description

Traded in Other Exchanges
N/A
Address
No.99 Jiang Wan Cheng Road, 5th building of Shangpu Business Center, Yangpu District, Shanghai, CHN, 200438
Shanghai Jahwa United Co Ltd is a China-based company engaged in selling toiletries, skin care, hair care and beauty products, daily chemicals and cosmetic technologies in China. The products of the company are sold under the brands of VIVE, Maxam, Liushen, Gf, Herborist, Homeaegis, Dr.Yu, Giving, Fresh herb and Tommee Tippee. Its product portfolio covers herbal medicines, household cleaning products, hand-creams, baby-care products, sunscreens, beauty products and others.
Executives
Han Min senior management
Ye Wei Min senior management
Pan Qiu Sheng Director
Chen Dong Ni Supervisors
Huang Jian senior management
Wu Ying Hua Director
Feng Jun Director
Huang Zhen senior management
Ding Yi Jing senior management
Wang Zhuo Director
Liu Deng Zhong Supervisors
Fang Hua senior management
Ge Wen Yao Director
Xuan Ping senior management
Hu Da Hui Supervisors

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