GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Qinghai Salt Lake Industry Co Ltd (SZSE:000792) » Definitions » Cyclically Adjusted PB Ratio

Qinghailt Lake Industry Co (SZSE:000792) Cyclically Adjusted PB Ratio : 5.19 (As of Jul. 22, 2025)


View and export this data going back to 1997. Start your Free Trial

What is Qinghailt Lake Industry Co Cyclically Adjusted PB Ratio?

As of today (2025-07-22), Qinghailt Lake Industry Co's current share price is ¥18.46. Qinghailt Lake Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.56. Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio for today is 5.19.

The historical rank and industry rank for Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:000792' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 2.66   Max: 13.26
Current: 5.09

During the past years, Qinghailt Lake Industry Co's highest Cyclically Adjusted PB Ratio was 13.26. The lowest was 0.80. And the median was 2.66.

SZSE:000792's Cyclically Adjusted PB Ratio is ranked worse than
86.22% of 196 companies
in the Agriculture industry
Industry Median: 1.71 vs SZSE:000792: 5.09

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.

Qinghailt Lake Industry Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥7.126. 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 ¥3.56 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinghailt Lake Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co Cyclically Adjusted PB Ratio Chart

Qinghailt Lake Industry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 11.31 7.20 4.88 4.72

Qinghailt Lake Industry Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.82 5.18 5.38 4.72 4.65

Competitive Comparison of Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Qinghailt Lake Industry 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.


Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio falls into.


;
;

Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.46/3.56
=5.19

* 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.

Qinghailt Lake Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Qinghailt Lake Industry Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.126/115.1156*115.1156
=7.126

Current CPI (Mar. 2025) = 115.1156.

Qinghailt Lake Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.840 99.500 4.443
201509 3.331 100.500 3.815
201512 4.217 100.600 4.825
201603 4.249 102.200 4.786
201606 4.524 101.400 5.136
201609 4.509 102.400 5.069
201612 4.514 102.600 5.065
201703 4.465 103.200 4.981
201706 4.396 103.100 4.908
201709 4.333 104.100 4.792
201712 3.725 104.500 4.103
201803 3.674 105.300 4.016
201806 3.490 104.900 3.830
201809 3.480 106.600 3.758
201812 2.795 106.500 3.021
201903 3.029 107.700 3.238
201906 2.979 107.700 3.184
201909 2.965 109.800 3.109
201912 -5.618 111.200 -5.816
202003 -2.031 112.300 -2.082
202006 -1.562 110.400 -1.629
202009 0.701 111.700 0.722
202012 0.758 111.500 0.783
202103 0.906 112.662 0.926
202106 1.151 111.769 1.185
202109 1.589 112.215 1.630
202112 1.718 113.108 1.748
202203 2.373 114.335 2.389
202206 3.413 114.558 3.430
202209 4.061 115.339 4.053
202212 4.634 115.116 4.634
202303 4.940 115.116 4.940
202306 5.381 114.558 5.407
202309 5.463 115.339 5.452
202312 5.873 114.781 5.890
202403 6.043 115.227 6.037
202406 6.281 114.781 6.299
202409 6.453 115.785 6.416
202412 6.732 114.893 6.745
202503 7.126 115.116 7.126

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.


Qinghailt Lake Industry Co  (SZSE:000792) 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.


Qinghailt Lake Industry Co Cyclically Adjusted PB Ratio Related Terms

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


Qinghailt Lake Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Qinghai Yellow River Road on the 28th, Golmud, CHN, 816000
Qinghai Salt Lake Industry Co Ltd operates in the dry inland Qarhan Salt Lake in Qinghai province. It is engaged in salt lake resource extraction and potash production. The company is engaged in the manufacture of chemical raw materials and chemical products. The company is located in Golmud City, Qinghai Province, and is the potash fertilizer industrial production base in China.
Executives
Qiao Hai Yuan Supervisors
Yan Xiao Jun Director
Wang Xing Fu Director
Song Pei Pei Supervisors
Han Zeng Yan Supervisors
Li Zhi Qiang Supervisors
He Shu Jun Supervisors
Ma Chao Hui Director
Zhang Rong Xiang Executives
Wei Ye Qiu Supervisors
Zhang Quan Ming Director
Tang Yong Xin Executives

Qinghailt Lake Industry Co Headlines

No Headlines