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Vanfund Urban Investment and Development Co (SZSE:000638) Cyclically Adjusted PB Ratio : 6.74 (As of Jun. 02, 2024)


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What is Vanfund Urban Investment and Development Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Vanfund Urban Investment and Development Co's current share price is ¥4.38. Vanfund Urban Investment and Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥0.65. Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio for today is 6.74.

The historical rank and industry rank for Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:000638' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.31   Med: 9.03   Max: 431.75
Current: 6.78

During the past years, Vanfund Urban Investment and Development Co's highest Cyclically Adjusted PB Ratio was 431.75. The lowest was 5.31. And the median was 9.03.

SZSE:000638's Cyclically Adjusted PB Ratio is ranked worse than
89.57% of 326 companies
in the Healthcare Providers & Services industry
Industry Median: 1.93 vs SZSE:000638: 6.78

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.

Vanfund Urban Investment and Development Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥0.528. 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 ¥0.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanfund Urban Investment and Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vanfund Urban Investment and Development 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.

Vanfund Urban Investment and Development Co Cyclically Adjusted PB Ratio Chart

Vanfund Urban Investment and Development 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 6.65 8.44 7.04 10.42 10.33

Vanfund Urban Investment and Development 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 9.71 9.10 9.41 10.33 8.55

Competitive Comparison of Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Vanfund Urban Investment and Development 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.


Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio falls into.



Vanfund Urban Investment and Development 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.

Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.38/0.65
=6.74

* 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.

Vanfund Urban Investment and Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vanfund Urban Investment and Development 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)
=0.528/115.2271*115.2271
=0.528

Current CPI (Mar. 2024) = 115.2271.

Vanfund Urban Investment and Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.740 98.200 0.868
201409 0.725 98.900 0.845
201412 0.752 99.000 0.875
201503 0.744 99.900 0.858
201506 0.729 99.500 0.844
201509 0.727 100.500 0.834
201512 0.667 100.600 0.764
201603 0.705 102.200 0.795
201606 0.692 101.400 0.786
201609 0.708 102.400 0.797
201612 0.714 102.600 0.802
201703 0.702 103.200 0.784
201706 0.731 103.100 0.817
201709 0.795 104.100 0.880
201712 0.852 104.500 0.939
201803 0.826 105.300 0.904
201806 0.798 104.900 0.877
201809 0.796 106.600 0.860
201812 0.393 106.500 0.425
201903 0.439 107.700 0.470
201906 0.431 107.700 0.461
201909 0.451 109.800 0.473
201912 0.420 111.200 0.435
202003 0.467 112.300 0.479
202006 0.450 110.400 0.470
202009 0.448 111.700 0.462
202012 0.354 111.500 0.366
202103 0.406 112.662 0.415
202106 0.386 111.769 0.398
202109 0.370 112.215 0.380
202112 0.566 113.108 0.577
202203 0.514 114.335 0.518
202206 0.510 114.558 0.513
202209 0.514 115.339 0.514
202212 0.585 115.116 0.586
202303 0.574 115.116 0.575
202306 0.558 114.558 0.561
202309 0.567 115.339 0.566
202312 0.531 114.781 0.533
202403 0.528 115.227 0.528

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.


Vanfund Urban Investment and Development Co  (SZSE:000638) 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.


Vanfund Urban Investment and Development Co Cyclically Adjusted PB Ratio Related Terms

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


Vanfund Urban Investment and Development Co (SZSE:000638) Business Description

Traded in Other Exchanges
N/A
Address
No. 126 Zhonghua Road, Heping District, Liaoning Province, Shenyang, CHN, 100028
Vanfund Urban Investment and Development Co Ltd is engaged in medical information software development and sales business. The company provides health information solutions to improve people's medical experience and health.
Executives
Liu Ge Lin Directors, executives
Liu Yu Director
Yang Ke Ning Supervisors
Chen Bei Guo Executives

Vanfund Urban Investment and Development Co (SZSE:000638) Headlines

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