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Suofeiya Home Collection Co (SZSE:002572) Cyclically Adjusted PB Ratio : 3.40 (As of May. 27, 2024)


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What is Suofeiya Home Collection Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Suofeiya Home Collection Co's current share price is ¥17.77. Suofeiya Home Collection Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.22. Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio for today is 3.40.

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

SZSE:002572' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.98   Med: 5.01   Max: 10.34
Current: 3.51

During the past years, Suofeiya Home Collection Co's highest Cyclically Adjusted PB Ratio was 10.34. The lowest was 2.98. And the median was 5.01.

SZSE:002572's Cyclically Adjusted PB Ratio is ranked worse than
79.73% of 296 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs SZSE:002572: 3.51

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.

Suofeiya Home Collection Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥7.354. 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 ¥5.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suofeiya Home Collection Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suofeiya Home Collection 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.

Suofeiya Home Collection Co Cyclically Adjusted PB Ratio Chart

Suofeiya Home Collection 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 6.53 7.24 5.35 3.90 3.14

Suofeiya Home Collection 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 4.10 3.60 3.81 3.14 2.95

Competitive Comparison of Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Suofeiya Home Collection 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.


Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio falls into.



Suofeiya Home Collection 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.

Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.77/5.22
=3.40

* 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.

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

For example, Suofeiya Home Collection 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)
=7.354/115.2271*115.2271
=7.354

Current CPI (Mar. 2024) = 115.2271.

Suofeiya Home Collection Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.976 98.200 2.319
201409 2.099 98.900 2.446
201412 2.201 99.000 2.562
201503 2.245 99.900 2.589
201506 2.208 99.500 2.557
201509 2.371 100.500 2.718
201512 2.613 100.600 2.993
201603 2.424 102.200 2.733
201606 2.620 101.400 2.977
201609 3.899 102.400 4.387
201612 4.211 102.600 4.729
201703 4.294 103.200 4.794
201706 4.179 103.100 4.671
201709 4.484 104.100 4.963
201712 4.842 104.500 5.339
201803 4.949 105.300 5.416
201806 4.787 104.900 5.258
201809 5.127 106.600 5.542
201812 5.233 106.500 5.662
201903 4.853 107.700 5.192
201906 5.139 107.700 5.498
201909 5.570 109.800 5.845
201912 5.967 111.200 6.183
202003 5.947 112.300 6.102
202006 5.779 110.400 6.032
202009 6.143 111.700 6.337
202012 6.711 111.500 6.935
202103 6.859 112.662 7.015
202106 6.617 111.769 6.822
202109 6.964 112.215 7.151
202112 6.182 113.108 6.298
202203 6.304 114.335 6.353
202206 6.024 114.558 6.059
202209 6.448 115.339 6.442
202212 6.338 115.116 6.344
202303 6.451 115.116 6.457
202306 6.188 114.558 6.224
202309 6.333 115.339 6.327
202312 7.285 114.781 7.313
202403 7.354 115.227 7.354

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.


Suofeiya Home Collection Co  (SZSE:002572) 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.


Suofeiya Home Collection Co Cyclically Adjusted PB Ratio Related Terms

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


Suofeiya Home Collection Co (SZSE:002572) Business Description

Traded in Other Exchanges
N/A
Address
Ningxi Industrial Park, Xintang Town, Zengcheng District, Guangdong Province, Guangzhou, CHN, 511358
Suofeiya Home Collection Co Ltd is a China-based company, engaged in manufacturing, development, and sale of customized wardrobes and other related furniture. It is also involved in providing other professional services such as design and installation in a timely manner.
Executives
Ke Jian Sheng Director
Pan Wen Shan Secretary, Director
Wang Biao Directors, executives
Jiang Gan Jun Director
Chen Guo Wei Executives
Chen Jian Zhong Executives
Chen Man Qi Securities Affairs Representative
Zhang Ting Executives
Chen Ming Directors, executives

Suofeiya Home Collection Co (SZSE:002572) Headlines

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