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Safbon Water Service (Holding) Shanghai (SZSE:300262) Cyclically Adjusted PB Ratio : 0.38 (As of Jun. 10, 2024)


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What is Safbon Water Service (Holding) Shanghai Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Safbon Water Service (Holding) Shanghai's current share price is ¥0.84. Safbon Water Service (Holding) Shanghai's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.21. Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio for today is 0.38.

The historical rank and industry rank for Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300262' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.44   Max: 2.83
Current: 0.38

During the past years, Safbon Water Service (Holding) Shanghai's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.32. And the median was 1.44.

SZSE:300262's Cyclically Adjusted PB Ratio is ranked better than
88.16% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs SZSE:300262: 0.38

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.

Safbon Water Service (Holding) Shanghai's adjusted book value per share data for the three months ended in Mar. 2024 was ¥0.107. 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 ¥2.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safbon Water Service (Holding) Shanghai Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Safbon Water Service (Holding) Shanghai'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.

Safbon Water Service (Holding) Shanghai Cyclically Adjusted PB Ratio Chart

Safbon Water Service (Holding) Shanghai 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 2.55 1.78 1.65 1.16 1.47

Safbon Water Service (Holding) Shanghai 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 1.17 1.17 1.22 1.47 1.08

Competitive Comparison of Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, Safbon Water Service (Holding) Shanghai'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.


Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio falls into.



Safbon Water Service (Holding) Shanghai 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.

Safbon Water Service (Holding) Shanghai's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.84/2.21
=0.38

* 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.

Safbon Water Service (Holding) Shanghai's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Safbon Water Service (Holding) Shanghai'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)
=0.107/115.2271*115.2271
=0.107

Current CPI (Mar. 2024) = 115.2271.

Safbon Water Service (Holding) Shanghai Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.975 98.200 1.144
201409 1.048 98.900 1.221
201412 1.071 99.000 1.247
201503 1.087 99.900 1.254
201506 1.131 99.500 1.310
201509 1.216 100.500 1.394
201512 1.199 100.600 1.373
201603 1.225 102.200 1.381
201606 1.349 101.400 1.533
201609 3.014 102.400 3.392
201612 2.982 102.600 3.349
201703 3.019 103.200 3.371
201706 3.154 103.100 3.525
201709 3.282 104.100 3.633
201712 3.191 104.500 3.519
201803 3.221 105.300 3.525
201806 3.374 104.900 3.706
201809 3.443 106.600 3.722
201812 3.450 106.500 3.733
201903 3.467 107.700 3.709
201906 3.593 107.700 3.844
201909 3.591 109.800 3.768
201912 3.526 111.200 3.654
202003 3.564 112.300 3.657
202006 3.538 110.400 3.693
202009 3.511 111.700 3.622
202012 2.671 111.500 2.760
202103 2.761 112.662 2.824
202106 2.725 111.769 2.809
202109 2.642 112.215 2.713
202112 0.826 113.108 0.841
202203 0.752 114.335 0.758
202206 0.652 114.558 0.656
202209 0.612 115.339 0.611
202212 0.264 115.116 0.264
202303 0.242 115.116 0.242
202306 0.172 114.558 0.173
202309 0.174 115.339 0.174
202312 0.110 114.781 0.110
202403 0.107 115.227 0.107

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.


Safbon Water Service (Holding) Shanghai  (SZSE:300262) 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.


Safbon Water Service (Holding) Shanghai Cyclically Adjusted PB Ratio Related Terms

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Safbon Water Service (Holding) Shanghai (SZSE:300262) Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Zhang Liantang Road,, Liantang Town, Qingpu District, Shanghai, CHN, 201715
Safbon Water Service (Holding) Inc Shanghai is engaged in the business of industrial water treatment, municipal water treatment, solid waste disposal and the four sections of the gas pressure regulating stations.
Executives
Zhang Hua Gen Director
Gao Xue Li Independent director
Zhang Chun Lin Director
Yao Ze Wei Director
Yin Gao Qiang Supervisors
Zhang Bin Supervisors
Zou Guo Xiang Director
Yang Zheng Executives
Wang Xian Directors, executives
Ding Xing Jiang Director
Chen Lei Director

Safbon Water Service (Holding) Shanghai (SZSE:300262) Headlines

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