GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Youngor Fashion Co Ltd (SHSE:600177) » Definitions » Cyclically Adjusted PB Ratio

Youngor Fashion Co (SHSE:600177) Cyclically Adjusted PB Ratio : 1.34 (As of May. 14, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Youngor Fashion Co Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Youngor Fashion Co's current share price is ¥8.18. Youngor Fashion Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.12. Youngor Fashion Co's Cyclically Adjusted PB Ratio for today is 1.34.

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

SHSE:600177' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.52   Max: 4.35
Current: 1.31

During the past years, Youngor Fashion Co's highest Cyclically Adjusted PB Ratio was 4.35. The lowest was 1.09. And the median was 1.52.

SHSE:600177's Cyclically Adjusted PB Ratio is ranked worse than
57.7% of 662 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01 vs SHSE:600177: 1.31

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.

Youngor Fashion Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥8.690. 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 ¥6.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Youngor Fashion Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Youngor Fashion 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.

Youngor Fashion Co Cyclically Adjusted PB Ratio Chart

Youngor Fashion 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 1.58 1.55 1.37 1.14 1.09

Youngor Fashion Co 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 1.15 1.10 1.20 1.09 1.16

Competitive Comparison of Youngor Fashion Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Youngor Fashion 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.


Youngor Fashion Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Youngor Fashion Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Youngor Fashion Co's Cyclically Adjusted PB Ratio falls into.



Youngor Fashion 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.

Youngor Fashion Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.18/6.12
=1.34

* 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.

Youngor Fashion Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Youngor Fashion 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)
=8.69/114.6694*114.6694
=8.690

Current CPI (Mar. 2024) = 114.6694.

Youngor Fashion Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.208 98.200 3.746
201409 3.319 98.900 3.848
201412 3.787 99.000 4.386
201503 4.257 99.900 4.886
201506 4.345 99.500 5.007
201509 4.375 100.500 4.992
201512 4.618 100.600 5.264
201603 4.005 102.200 4.494
201606 4.529 101.400 5.122
201609 4.521 102.400 5.063
201612 4.529 102.600 5.062
201703 4.597 103.200 5.108
201706 4.661 103.100 5.184
201709 4.721 104.100 5.200
201712 4.861 104.500 5.334
201803 4.950 105.300 5.390
201806 4.853 104.900 5.305
201809 5.166 106.600 5.557
201812 5.676 106.500 6.111
201903 5.807 107.700 6.183
201906 5.566 107.700 5.926
201909 5.377 109.800 5.615
201912 5.559 111.200 5.732
202003 5.728 112.300 5.849
202006 5.847 110.400 6.073
202009 6.000 111.700 6.160
202012 6.165 111.500 6.340
202103 6.530 112.662 6.646
202106 6.418 111.769 6.585
202109 6.944 112.215 7.096
202112 7.345 113.108 7.446
202203 7.890 114.335 7.913
202206 7.703 114.558 7.711
202209 7.907 115.339 7.861
202212 8.192 115.116 8.160
202303 8.540 115.116 8.507
202306 8.484 114.558 8.492
202309 8.149 115.339 8.102
202312 8.472 114.669 8.472
202403 8.690 114.669 8.690

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.


Youngor Fashion Co  (SHSE:600177) 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.


Youngor Fashion Co Cyclically Adjusted PB Ratio Related Terms

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


Youngor Fashion Co (SHSE:600177) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, West Section of Jingxian Avenue, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315153
Youngor Fashion Co Ltd is a China-based company is engaged in the development of textiles and apparels. The company's brands are YOUNGOR, MAYOR, Hart Schaffner Marx, and HAMP. In addition, the company is also involved in the real estate development business and financial investment business.

Youngor Fashion Co (SHSE:600177) Headlines

No Headlines