GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kuang-Chi Technologies Co Ltd (SZSE:002625) » Definitions » Cyclically Adjusted PB Ratio

Kuang-Chi Technologies Co (SZSE:002625) Cyclically Adjusted PB Ratio : 5.88 (As of May. 24, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Kuang-Chi Technologies Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Kuang-Chi Technologies Co's current share price is ¥18.29. Kuang-Chi Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.11. Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio for today is 5.88.

The historical rank and industry rank for Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002625' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.7   Med: 6.46   Max: 15.49
Current: 6.14

During the past years, Kuang-Chi Technologies Co's highest Cyclically Adjusted PB Ratio was 15.49. The lowest was 3.70. And the median was 6.46.

SZSE:002625's Cyclically Adjusted PB Ratio is ranked worse than
91.26% of 938 companies
in the Vehicles & Parts industry
Industry Median: 1.285 vs SZSE:002625: 6.14

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.

Kuang-Chi Technologies Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥4.128. 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 ¥3.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuang-Chi Technologies Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kuang-Chi Technologies 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.

Kuang-Chi Technologies Co Cyclically Adjusted PB Ratio Chart

Kuang-Chi Technologies 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 5.11 10.61 10.01 6.24 4.90

Kuang-Chi Technologies 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 5.91 5.33 4.88 4.90 7.18

Competitive Comparison of Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Kuang-Chi Technologies 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.


Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio falls into.



Kuang-Chi Technologies 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.

Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.29/3.11
=5.88

* 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.

Kuang-Chi Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kuang-Chi Technologies 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)
=4.128/115.2271*115.2271
=4.128

Current CPI (Mar. 2024) = 115.2271.

Kuang-Chi Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.908 98.200 1.065
201409 0.926 98.900 1.079
201412 0.926 99.000 1.078
201503 0.946 99.900 1.091
201506 0.977 99.500 1.131
201509 0.995 100.500 1.141
201512 1.035 100.600 1.185
201603 1.053 102.200 1.187
201606 1.081 101.400 1.228
201609 1.101 102.400 1.239
201612 1.179 102.600 1.324
201703 3.462 103.200 3.865
201706 3.477 103.100 3.886
201709 3.487 104.100 3.860
201712 3.493 104.500 3.852
201803 3.504 105.300 3.834
201806 3.504 104.900 3.849
201809 3.507 106.600 3.791
201812 3.525 106.500 3.814
201903 3.529 107.700 3.776
201906 3.548 107.700 3.796
201909 3.560 109.800 3.736
201912 3.578 111.200 3.708
202003 3.591 112.300 3.685
202006 3.611 110.400 3.769
202009 3.625 111.700 3.739
202012 3.654 111.500 3.776
202103 3.666 112.662 3.749
202106 3.696 111.769 3.810
202109 3.710 112.215 3.810
202112 3.784 113.108 3.855
202203 3.803 114.335 3.833
202206 3.867 114.558 3.890
202209 3.923 115.339 3.919
202212 3.823 115.116 3.827
202303 3.870 115.116 3.874
202306 3.963 114.558 3.986
202309 4.031 115.339 4.027
202312 4.094 114.781 4.110
202403 4.128 115.227 4.128

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.


Kuang-Chi Technologies Co  (SZSE:002625) 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.


Kuang-Chi Technologies Co Cyclically Adjusted PB Ratio Related Terms

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


Kuang-Chi Technologies Co (SZSE:002625) Business Description

Traded in Other Exchanges
N/A
Address
No.988, Yu Zhao Industrial Function Zone, Tonglu County, Zhejiang Province, Fuchunjiang, CHN
Kuang-Chi Technologies Co Ltd is involved in the research, manufacturing, and distribution of auto seat metal parts and components.

Kuang-Chi Technologies Co (SZSE:002625) Headlines

No Headlines