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Nanning Department Store Co (SHSE:600712) Cyclically Adjusted PB Ratio : 1.94 (As of May. 26, 2024)


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What is Nanning Department Store Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Nanning Department Store Co's current share price is ¥3.76. Nanning Department Store Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.94. Nanning Department Store Co's Cyclically Adjusted PB Ratio for today is 1.94.

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

SHSE:600712' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 3.13   Max: 15.64
Current: 1.93

During the past years, Nanning Department Store Co's highest Cyclically Adjusted PB Ratio was 15.64. The lowest was 1.61. And the median was 3.13.

SHSE:600712's Cyclically Adjusted PB Ratio is ranked worse than
68.26% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs SHSE:600712: 1.93

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.

Nanning Department Store Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥1.525. 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 ¥1.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanning Department Store Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nanning Department Store 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.

Nanning Department Store Co Cyclically Adjusted PB Ratio Chart

Nanning Department Store 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 4.90 2.18 1.86 2.48 2.67

Nanning Department Store 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 1.99 1.86 2.09 2.67 2.10

Competitive Comparison of Nanning Department Store Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Nanning Department Store 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.


Nanning Department Store Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nanning Department Store Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nanning Department Store Co's Cyclically Adjusted PB Ratio falls into.



Nanning Department Store 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.

Nanning Department Store Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.76/1.94
=1.94

* 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.

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

For example, Nanning Department Store 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)
=1.525/115.2271*115.2271
=1.525

Current CPI (Mar. 2024) = 115.2271.

Nanning Department Store Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.971 98.200 2.313
201409 1.961 98.900 2.285
201412 1.987 99.000 2.313
201503 1.989 99.900 2.294
201506 1.980 99.500 2.293
201509 1.965 100.500 2.253
201512 2.029 100.600 2.324
201603 2.030 102.200 2.289
201606 2.019 101.400 2.294
201609 1.984 102.400 2.233
201612 1.950 102.600 2.190
201703 1.949 103.200 2.176
201706 1.927 103.100 2.154
201709 1.927 104.100 2.133
201712 1.953 104.500 2.153
201803 1.953 105.300 2.137
201806 1.936 104.900 2.127
201809 1.881 106.600 2.033
201812 1.867 106.500 2.020
201903 1.868 107.700 1.999
201906 1.869 107.700 2.000
201909 1.882 109.800 1.975
201912 1.882 111.200 1.950
202003 1.810 112.300 1.857
202006 1.810 110.400 1.889
202009 1.786 111.700 1.842
202012 1.621 111.500 1.675
202103 1.642 112.662 1.679
202106 1.631 111.769 1.681
202109 1.626 112.215 1.670
202112 1.626 113.108 1.656
202203 1.618 114.335 1.631
202206 1.600 114.558 1.609
202209 1.597 115.339 1.595
202212 1.508 115.116 1.509
202303 1.499 115.116 1.500
202306 1.488 114.558 1.497
202309 1.474 115.339 1.473
202312 1.521 114.781 1.527
202403 1.525 115.227 1.525

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.


Nanning Department Store Co  (SHSE:600712) 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.


Nanning Department Store Co Cyclically Adjusted PB Ratio Related Terms

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


Nanning Department Store Co (SHSE:600712) Business Description

Traded in Other Exchanges
N/A
Address
No 39-41, 45 Chaoyang Road, Nanning, Guangxi, CHN, 530012
Nanning Department Store Co Ltd operates department stores.
Executives
Tan Yao Bei Directors, senior managers
Wu Xiao Bin senior management
Li Wei senior management
Zhao Jian Qin Supervisors
Zhou Ning Xing senior management
Li Liang Director
Chen Chun senior management
Huang Yong Gan Director
Wang Chuan senior management
Wu Guang Zhen Supervisors

Nanning Department Store Co (SHSE:600712) Headlines

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