China Fortune Land Development Co Cyclically Adjusted PB Ratio Historical Data
The historical data trend for China Fortune Land Development 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.
China Fortune Land Development Co Cyclically Adjusted PB Ratio Chart
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China Fortune Land Development Co Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cyclically Adjusted PB Ratio |
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4.32 |
2.00 |
0.48 |
0.33 |
0.23 |
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China Fortune Land Development Co Quarterly Data
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Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Cyclically Adjusted PB Ratio |
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0.31 |
0.29 |
0.28 |
0.23 |
0.18 |
Competitive Comparison of China Fortune Land Development Co's Cyclically Adjusted PB Ratio
For the Real Estate - Development subindustry, China Fortune Land Development 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 Fortune Land Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, China Fortune Land Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where China Fortune Land Development Co's Cyclically Adjusted PB Ratio falls into.
China Fortune Land Development 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 Fortune Land Development Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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 Fortune Land Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, China Fortune Land Development 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) |
| = | 1.388 | / | 114.6694 | * | 114.6694 |
| = | 1.388 |
Current CPI (Mar. 2024) = 114.6694.
China Fortune Land Development Co Quarterly Data
|
Book Value per Share |
CPI |
Adj_Book |
| 201406 |
2.516 |
98.200 |
2.938 |
| 201409 |
2.674 |
98.900 |
3.100 |
| 201412 |
2.847 |
99.000 |
3.298 |
| 201503 |
3.051 |
99.900 |
3.502 |
| 201506 |
3.370 |
99.500 |
3.884 |
| 201509 |
3.576 |
100.500 |
4.080 |
| 201512 |
3.933 |
100.600 |
4.483 |
| 201603 |
5.652 |
102.200 |
6.342 |
| 201606 |
5.866 |
101.400 |
6.634 |
| 201609 |
6.000 |
102.400 |
6.719 |
| 201612 |
6.602 |
102.600 |
7.379 |
| 201703 |
8.088 |
103.200 |
8.987 |
| 201706 |
9.640 |
103.100 |
10.722 |
| 201709 |
9.749 |
104.100 |
10.739 |
| 201712 |
9.667 |
104.500 |
10.608 |
| 201803 |
10.109 |
105.300 |
11.008 |
| 201806 |
10.536 |
104.900 |
11.517 |
| 201809 |
10.387 |
106.600 |
11.173 |
| 201812 |
11.213 |
106.500 |
12.073 |
| 201903 |
11.840 |
107.700 |
12.606 |
| 201906 |
12.013 |
107.700 |
12.790 |
| 201909 |
12.214 |
109.800 |
12.756 |
| 201912 |
13.011 |
111.200 |
13.417 |
| 202003 |
12.650 |
112.300 |
12.917 |
| 202006 |
12.656 |
110.400 |
13.145 |
| 202009 |
14.117 |
111.700 |
14.492 |
| 202012 |
15.837 |
111.500 |
16.287 |
| 202103 |
14.864 |
112.662 |
15.129 |
| 202106 |
13.450 |
111.769 |
13.799 |
| 202109 |
12.471 |
112.215 |
12.744 |
| 202112 |
1.612 |
113.108 |
1.634 |
| 202203 |
2.330 |
114.335 |
2.337 |
| 202206 |
1.061 |
114.558 |
1.062 |
| 202209 |
0.317 |
115.339 |
0.315 |
| 202212 |
2.397 |
115.116 |
2.388 |
| 202303 |
2.848 |
115.116 |
2.837 |
| 202306 |
2.112 |
114.558 |
2.114 |
| 202309 |
2.241 |
115.339 |
2.228 |
| 202312 |
1.830 |
114.669 |
1.830 |
| 202403 |
1.388 |
114.669 |
1.388 |
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 Fortune Land Development Co (SHSE:600340) Business Description
Traded in Other Exchanges
N/A
Address
No. 18, Xiaguangli, North Dongsanhuan Road, Fl.9, Block A, Jiacheng Plaza, Chaoyang District, Beijing, CHN, 100027
China Fortune Land Development Co Ltd is engaged in the investment, development, construction and operation of the new industrial city. It is primarily involved in planning, designing, land consolidation, investment, infrastructure construction and public facility development. Further, it is also involved in development of green cities and construction of smart urban.
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