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Moso Power Supply Technology Co (SZSE:002660) Cyclically Adjusted PB Ratio : 2.60 (As of May. 28, 2024)


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What is Moso Power Supply Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Moso Power Supply Technology Co's current share price is ¥8.11. Moso Power Supply Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.12. Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio for today is 2.60.

The historical rank and industry rank for Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002660' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 2.77   Max: 3.99
Current: 2.58

During the past years, Moso Power Supply Technology Co's highest Cyclically Adjusted PB Ratio was 3.99. The lowest was 2.06. And the median was 2.77.

SZSE:002660's Cyclically Adjusted PB Ratio is ranked worse than
67.36% of 1875 companies
in the Hardware industry
Industry Median: 1.66 vs SZSE:002660: 2.58

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.

Moso Power Supply Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.580. 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 ¥3.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moso Power Supply Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Moso Power Supply Technology 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.

Moso Power Supply Technology Co Cyclically Adjusted PB Ratio Chart

Moso Power Supply Technology 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 - 2.78 2.69 2.60 4.00

Moso Power Supply Technology 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 2.99 3.13 2.86 4.00 2.92

Competitive Comparison of Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Moso Power Supply Technology 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.


Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio falls into.



Moso Power Supply Technology 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.

Moso Power Supply Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.11/3.12
=2.60

* 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.

Moso Power Supply Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Moso Power Supply Technology 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)
=3.58/115.2271*115.2271
=3.580

Current CPI (Mar. 2024) = 115.2271.

Moso Power Supply Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.699 98.200 3.167
201409 2.725 98.900 3.175
201412 2.589 99.000 3.013
201503 3.034 99.900 3.499
201506 3.000 99.500 3.474
201509 3.116 100.500 3.573
201512 3.147 100.600 3.605
201603 3.140 102.200 3.540
201606 3.151 101.400 3.581
201609 3.172 102.400 3.569
201612 3.111 102.600 3.494
201703 3.107 103.200 3.469
201706 3.059 103.100 3.419
201709 3.115 104.100 3.448
201712 3.095 104.500 3.413
201803 2.949 105.300 3.227
201806 2.960 104.900 3.251
201809 2.983 106.600 3.224
201812 2.020 106.500 2.186
201903 2.021 107.700 2.162
201906 2.085 107.700 2.231
201909 2.210 109.800 2.319
201912 2.247 111.200 2.328
202003 2.274 112.300 2.333
202006 2.358 110.400 2.461
202009 2.494 111.700 2.573
202012 2.526 111.500 2.610
202103 2.559 112.662 2.617
202106 2.586 111.769 2.666
202109 2.662 112.215 2.733
202112 2.616 113.108 2.665
202203 2.647 114.335 2.668
202206 4.393 114.558 4.419
202209 3.467 115.339 3.464
202212 3.463 115.116 3.466
202303 3.514 115.116 3.517
202306 3.476 114.558 3.496
202309 3.530 115.339 3.527
202312 3.547 114.781 3.561
202403 3.580 115.227 3.580

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.


Moso Power Supply Technology Co  (SZSE:002660) 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.


Moso Power Supply Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Moso Power Supply Technology Co (SZSE:002660) Business Description

Traded in Other Exchanges
N/A
Address
Guanbai Road, Xiaobai Mang Sangtai Industrial Park, Nanshan, Shenzhen, CHN, 518108
Moso Power Supply Technology Co Ltd is engaged in the development, manufacture, and sale of LED driver which include outdoor lighting solution, solar charge controller, and industrial lighting solution, and other consumer electronics power series which include flat computer class, and ADSL communication.
Executives
Cheng Shui Ying Supervisors
Fang Xiao Qiu Director
Gu Yong De Directors, executives
Fang Ji Bin Directors, Directors, and Executives
Luo Hong Jian Executives
Hong Ye Securities Affairs Representative
Tao Sheng Supervisors
Cheng Chun Jin Directors, executives
Pi Yuan Jun Director
Tu Hong Bin Executives
Qin Chuan Jun Directors, executives
Jin Lin Supervisors
Fang Xiang Yi Supervisors

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