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Ganfeng Lithium Group Co (STU:39EA) Cyclically Adjusted PB Ratio : 4.25 (As of Jun. 04, 2024)


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What is Ganfeng Lithium Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Ganfeng Lithium Group Co's current share price is €2.55. Ganfeng Lithium Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.60. Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio for today is 4.25.

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

STU:39EA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.35   Med: 17.82   Max: 56.55
Current: 4.35

During the past years, Ganfeng Lithium Group Co's highest Cyclically Adjusted PB Ratio was 56.55. The lowest was 4.35. And the median was 17.82.

STU:39EA's Cyclically Adjusted PB Ratio is ranked worse than
81.59% of 1173 companies
in the Chemicals industry
Industry Median: 1.7 vs STU:39EA: 4.35

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.

Ganfeng Lithium Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was €3.039. 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 €0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganfeng Lithium Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ganfeng Lithium 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.

Ganfeng Lithium Group Co Cyclically Adjusted PB Ratio Chart

Ganfeng Lithium 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 14.68 34.42 34.23 14.70 6.00

Ganfeng Lithium Group 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 12.50 10.32 6.85 6.00 4.70

Competitive Comparison of Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Ganfeng Lithium 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.


Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio falls into.



Ganfeng Lithium 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.

Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.55/0.6
=4.25

* 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.

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

For example, Ganfeng Lithium 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)
=3.039/117.7354*117.7354
=3.039

Current CPI (Mar. 2024) = 117.7354.

Ganfeng Lithium Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.109 96.409 0.133
201409 0.117 97.948 0.141
201412 0.121 99.707 0.143
201503 0.140 99.927 0.165
201506 0.135 99.267 0.160
201509 0.159 99.927 0.187
201512 0.169 102.015 0.195
201603 0.174 102.785 0.199
201606 0.178 101.686 0.206
201609 0.192 102.565 0.220
201612 0.216 103.225 0.246
201703 0.224 103.335 0.255
201706 0.231 103.664 0.262
201709 0.249 103.994 0.282
201712 0.332 104.984 0.372
201803 0.354 105.973 0.393
201806 0.389 106.193 0.431
201809 0.394 106.852 0.434
201812 0.558 107.622 0.610
201903 0.583 108.172 0.635
201906 0.557 109.601 0.598
201909 0.573 110.260 0.612
201912 0.592 110.700 0.630
202003 0.600 110.920 0.637
202006 0.571 110.590 0.608
202009 0.663 107.512 0.726
202012 0.717 109.711 0.769
202103 0.806 111.579 0.850
202106 1.168 111.360 1.235
202109 1.264 109.051 1.365
202112 1.512 112.349 1.584
202203 1.906 113.558 1.976
202206 2.243 113.448 2.328
202209 2.768 113.778 2.864
202212 2.957 114.548 3.039
202303 3.106 115.427 3.168
202306 3.095 115.647 3.151
202309 3.088 116.087 3.132
202312 2.995 117.296 3.006
202403 3.039 117.735 3.039

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.


Ganfeng Lithium Group Co  (STU:39EA) 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.


Ganfeng Lithium Group Co Cyclically Adjusted PB Ratio Related Terms

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Ganfeng Lithium Group Co (STU:39EA) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Ganfeng Lithium Group Co (STU:39EA) Headlines

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