GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Fudan Microelectronics Group Co Ltd (HKSE:01385) » Definitions » Cyclically Adjusted PB Ratio

Shanghai Fudan Microelectronics Group Co (HKSE:01385) Cyclically Adjusted PB Ratio : 3.33 (As of Jun. 01, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Shanghai Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Shanghai Fudan Microelectronics Group Co's current share price is HK$11.90. Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was HK$3.57. Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio for today is 3.33.

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

HKSE:01385' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.69   Med: 8.05   Max: 16.75
Current: 3.33

During the past years, Shanghai Fudan Microelectronics Group Co's highest Cyclically Adjusted PB Ratio was 16.75. The lowest was 2.69. And the median was 8.05.

HKSE:01385's Cyclically Adjusted PB Ratio is ranked worse than
63.86% of 689 companies
in the Semiconductors industry
Industry Median: 2.52 vs HKSE:01385: 3.33

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 Fudan Microelectronics Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was HK$7.267. 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$3.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Fudan Microelectronics Group 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 Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio Chart

Shanghai Fudan Microelectronics Group 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 4.23 7.49 11.63 11.15 4.20

Shanghai Fudan Microelectronics Group Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 10.07 6.43 5.25 4.20 2.96

Competitive Comparison of Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Shanghai Fudan Microelectronics Group 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 Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio falls into.



Shanghai Fudan Microelectronics Group 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 Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.90/3.57
=3.33

* 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 Fudan Microelectronics Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Fudan Microelectronics Group 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)
=7.267/117.7354*117.7354
=7.267

Current CPI (Mar. 2024) = 117.7354.

Shanghai Fudan Microelectronics Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201009 0.000 80.029 0.000
201012 0.834 83.217 1.180
201103 0.000 84.756 0.000
201106 0.853 86.185 1.165
201109 0.000 84.646 0.000
201112 1.023 87.944 1.370
201203 0.000 88.934 0.000
201206 0.996 89.373 1.312
201209 0.000 87.834 0.000
201212 1.221 91.132 1.577
201303 0.000 92.122 0.000
201306 1.305 93.001 1.652
201309 0.000 91.902 0.000
201312 1.480 95.090 1.832
201406 1.488 96.409 1.817
201412 1.710 99.707 2.019
201506 1.839 99.267 2.181
201512 1.950 102.015 2.250
201606 2.074 101.686 2.401
201612 2.219 103.225 2.531
201706 2.460 103.664 2.794
201712 2.906 104.984 3.259
201806 3.136 106.193 3.477
201812 3.177 107.622 3.476
201906 3.019 109.601 3.243
201912 2.859 110.700 3.041
202006 2.931 110.590 3.120
202012 3.295 109.711 3.536
202106 3.696 111.360 3.908
202109 0.000 109.051 0.000
202112 4.721 112.349 4.947
202203 0.000 113.558 0.000
202206 5.301 113.448 5.501
202209 5.800 113.778 6.002
202212 6.196 114.548 6.368
202303 6.624 115.427 6.756
202306 6.586 115.647 6.705
202309 6.760 116.087 6.856
202312 7.082 117.296 7.109
202403 7.267 117.735 7.267

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 Fudan Microelectronics Group Co  (HKSE:01385) 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 Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio Related Terms

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


Shanghai Fudan Microelectronics Group Co (HKSE:01385) Business Description

Traded in Other Exchanges
Address
98 Granville Road, Flat 6, 5th Floor, East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Shanghai Fudan Microelectronics Group Company Limited is principally engaged in the integrated circuit (IC) related businesses. The Company operates through two business segments: the design, development and sales of IC products segment and the provision of testing services for IC products segment. The Company is also engaged in the production of probe cards, the development and sales of hardware and software of computers, electronic products and communication equipment and the provision of investment management and consultancy services, research and consultancy services of IC technology and research and consultancy services of computer and network technology through its subsidiaries.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Bank Of America Corporation 2201 Interest of corporation controlled by you
Tenbagger Capital Management Co.,ltd 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Springs Capital Limited 2102 Investment manager
Springs China Opportunities Master Fund 2101 Beneficial owner
Zhao Jun 2201 Interest of corporation controlled by you
Haitong International Financial Solutions Limited 2101 Beneficial owner

Shanghai Fudan Microelectronics Group Co (HKSE:01385) Headlines

No Headlines