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C and D Holsin Engineering Consulting Co (SHSE:603909) Cyclically Adjusted PB Ratio : 3.55 (As of May. 27, 2024)


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What is C and D Holsin Engineering Consulting Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), C and D Holsin Engineering Consulting Co's current share price is ¥10.14. C and D Holsin Engineering Consulting Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.86. C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio for today is 3.55.

The historical rank and industry rank for C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603909' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 3.45   Max: 3.94
Current: 3.57

During the past years, C and D Holsin Engineering Consulting Co's highest Cyclically Adjusted PB Ratio was 3.94. The lowest was 2.97. And the median was 3.45.

SHSE:603909's Cyclically Adjusted PB Ratio is ranked worse than
85.61% of 1216 companies
in the Construction industry
Industry Median: 1.11 vs SHSE:603909: 3.57

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.

C and D Holsin Engineering Consulting Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.908. 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 ¥2.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


C and D Holsin Engineering Consulting Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting Co Cyclically Adjusted PB Ratio Chart

C and D Holsin Engineering Consulting 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 - - - - 3.92

C and D Holsin Engineering Consulting 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 - - - 3.92 3.48

Competitive Comparison of C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, C and D Holsin Engineering Consulting 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.


C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio falls into.



C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.14/2.86
=3.55

* 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.

C and D Holsin Engineering Consulting Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, C and D Holsin Engineering Consulting 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)
=3.908/115.2271*115.2271
=3.908

Current CPI (Mar. 2024) = 115.2271.

C and D Holsin Engineering Consulting Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.846 95.237 1.024
201312 1.075 97.624 1.269
201412 1.314 99.000 1.529
201503 0.000 99.900 0.000
201506 1.421 99.500 1.646
201509 0.000 100.500 0.000
201512 1.562 100.600 1.789
201603 1.221 102.200 1.377
201606 2.150 101.400 2.443
201609 2.187 102.400 2.461
201612 2.263 102.600 2.542
201703 2.308 103.200 2.577
201706 2.345 103.100 2.621
201709 2.413 104.100 2.671
201712 2.476 104.500 2.730
201803 2.437 105.300 2.667
201806 2.414 104.900 2.652
201809 2.537 106.600 2.742
201812 2.688 106.500 2.908
201903 2.724 107.700 2.914
201906 2.713 107.700 2.903
201909 2.842 109.800 2.982
201912 3.011 111.200 3.120
202003 3.026 112.300 3.105
202006 3.082 110.400 3.217
202009 3.157 111.700 3.257
202012 3.274 111.500 3.383
202103 3.286 112.662 3.361
202106 3.288 111.769 3.390
202109 3.310 112.215 3.399
202112 3.377 113.108 3.440
202203 3.404 114.335 3.431
202206 3.398 114.558 3.418
202209 3.467 115.339 3.464
202212 3.585 115.116 3.588
202303 3.615 115.116 3.619
202306 3.627 114.558 3.648
202309 3.666 115.339 3.662
202312 3.812 114.781 3.827
202403 3.908 115.227 3.908

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.


C and D Holsin Engineering Consulting Co  (SHSE:603909) 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.


C and D Holsin Engineering Consulting Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of C and D Holsin Engineering Consulting Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


C and D Holsin Engineering Consulting Co (SHSE:603909) Business Description

Traded in Other Exchanges
N/A
Address
No. 2368, Fangzhong Road, Unit 1101-1104, Huli District, Fujian Province, Xiamen, CHN, 361009
C and D Holsin Engineering Consulting Co Ltd is a project management, design, and consulting company. It is engaged in building roads, bridges, and tunnels, and also provides traffic engineering and supporting ancillary works. It is specialized in engineering supervision, design consulting, test testing, repair and reinforcement, project management, engineering new material research and development and application, and other technical services.
Executives
Guo Mei Fen senior management
Gao Wei Lin senior management
Liu Zhi Xun senior management
Kang Ming Xu Directors, senior managers
Huang He Bin Directors, senior managers
Xu Hui senior management
Shen Ming Hua Supervisors
Huang Ai Ping Director
Huang Cong Zeng Director
Shen Zhi Xian Supervisors
Liu De Quan Directors, senior managers
Chen Han Bin Supervisors
Chen Tian Pei Directors, senior managers

C and D Holsin Engineering Consulting Co (SHSE:603909) Headlines

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