China Electronics Huada Technology Co (HKSE:00085) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 09, 2024)

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

What is China Electronics Huada Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), China Electronics Huada Technology Co's current share price is HK$1.36. China Electronics Huada Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was HK$0.87. China Electronics Huada Technology Co's Cyclically Adjusted PB Ratio for today is 1.56.

The historical rank and industry rank for China Electronics Huada Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:00085' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.71 Max: 8.98
Current: 1.57

During the past 13 years, China Electronics Huada Technology Co's highest Cyclically Adjusted PB Ratio was 8.98. The lowest was 0.62. And the median was 1.71.

HKSE:00085's Cyclically Adjusted PB Ratio is ranked better than
68.36% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs HKSE:00085: 1.57

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.

China Electronics Huada Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was HK$1.044. 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$0.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

China Electronics Huada Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Electronics Huada Technology 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.

China Electronics Huada Technology Co Cyclically Adjusted PB Ratio Chart

China Electronics Huada Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.79

0.96

0.86

1.65

1.56

China Electronics Huada Technology Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.86	-	1.65	-	1.56

Competitive Comparison of China Electronics Huada Technology Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, China Electronics Huada Technology 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 Electronics Huada Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Electronics Huada Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Electronics Huada Technology Co's Cyclically Adjusted PB Ratio falls into.

China Electronics Huada Technology 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 Electronics Huada Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	1.36	/	0.87
	=	1.56

China Electronics Huada Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Electronics Huada Technology Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	1.044	/	117.2957	*	117.2957
	=	1.044

Current CPI (Dec23) = 117.2957.

China Electronics Huada Technology Co Annual Data

	Book Value per Share	CPI	Adj_Book
201412	0.531	99.707	0.625
201512	0.708	102.015	0.814
201612	0.822	103.225	0.934
201712	0.998	104.984	1.115
201812	0.947	107.622	1.032
201912	1.003	110.700	1.063
202012	0.536	109.711	0.573
202112	0.615	112.349	0.642
202212	0.801	114.548	0.820
202312	1.044	117.296	1.044

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 Electronics Huada Technology Co (HKSE:00085) 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.

China Electronics Huada Technology Co Cyclically Adjusted PB Ratio Related Terms

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

China Electronics Huada Technology Co (HKSE:00085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Electronics Huada Technology Co Ltd (HKSE:00085) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 3403, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cecht.com.cn

China Electronics Huada Technology Co Ltd is engaged in the design and sale of integrated circuit chips. The company has only one reportable segment named as Sale of integrated circuit products. The products of the company are mainly used in smart cards, RFID, and wireless communication network. It derives the majority of its revenues from the PRC.

Executives

Huada Semiconductor Co., Ltd	2201 Interest of corporation controlled by you
China Electronics Corporation (bvi) Holdings Company Limited	2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si	2201 Interest of corporation controlled by you

China Electronics Huada Technology Co (HKSE:00085) Headlines

No Headlines