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ORG Technology Co (SZSE:002701) Cyclically Adjusted PB Ratio : 1.69 (As of Jun. 02, 2024)


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What is ORG Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), ORG Technology Co's current share price is ¥4.50. ORG Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.66. ORG Technology Co's Cyclically Adjusted PB Ratio for today is 1.69.

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

SZSE:002701' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.14   Max: 3.52
Current: 1.69

During the past years, ORG Technology Co's highest Cyclically Adjusted PB Ratio was 3.52. The lowest was 1.45. And the median was 2.14.

SZSE:002701's Cyclically Adjusted PB Ratio is ranked worse than
60.68% of 295 companies
in the Packaging & Containers industry
Industry Median: 1.29 vs SZSE:002701: 1.69

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.

ORG Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.482. 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 ¥2.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ORG Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ORG 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.

ORG Technology Co Cyclically Adjusted PB Ratio Chart

ORG 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 - 2.52 3.14 2.07 1.59

ORG 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 2.08 1.79 1.81 1.59 1.60

Competitive Comparison of ORG Technology Co's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, ORG 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.


ORG Technology Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, ORG Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ORG 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.

ORG Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.50/2.66
=1.69

* 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.

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

For example, ORG 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)
=3.482/115.2271*115.2271
=3.482

Current CPI (Mar. 2024) = 115.2271.

ORG Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.443 98.200 1.693
201409 1.547 98.900 1.802
201412 1.592 99.000 1.853
201503 1.705 99.900 1.967
201506 1.657 99.500 1.919
201509 1.710 100.500 1.961
201512 1.851 100.600 2.120
201603 1.982 102.200 2.235
201606 1.928 101.400 2.191
201609 2.103 102.400 2.366
201612 2.170 102.600 2.437
201703 2.234 103.200 2.494
201706 2.341 103.100 2.616
201709 2.419 104.100 2.678
201712 2.413 104.500 2.661
201803 2.468 105.300 2.701
201806 2.389 104.900 2.624
201809 2.505 106.600 2.708
201812 2.282 106.500 2.469
201903 2.375 107.700 2.541
201906 2.489 107.700 2.663
201909 2.471 109.800 2.593
201912 2.433 111.200 2.521
202003 2.458 112.300 2.522
202006 2.577 110.400 2.690
202009 2.590 111.700 2.672
202012 2.888 111.500 2.985
202103 2.853 112.662 2.918
202106 2.929 111.769 3.020
202109 3.037 112.215 3.119
202112 3.083 113.108 3.141
202203 3.202 114.335 3.227
202206 3.132 114.558 3.150
202209 3.211 115.339 3.208
202212 3.207 115.116 3.210
202303 3.280 115.116 3.283
202306 3.280 114.558 3.299
202309 3.356 115.339 3.353
202312 3.394 114.781 3.407
202403 3.482 115.227 3.482

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.


ORG Technology Co  (SZSE:002701) 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.


ORG Technology Co Cyclically Adjusted PB Ratio Related Terms

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


ORG Technology Co (SZSE:002701) Business Description

Traded in Other Exchanges
N/A
Address
YanQi Industrial Development Zone, Huai Rou District, Beijing, CHN, 101407
ORG Technology Co Ltd is engaged in providing internet information services. The firm engages in offering technology development, technical services, technology testing; product design; economic and trade consultation; automatic identification and identification systems development and application; development and application of visualization and cargo tracking system; development and application of intelligent management system. Geographically it operates through China however it also holds a presence in the international market.
Executives
Zhang Shao Jun Executives
Zhou Yuan Director
Zhang Liang De Executives
Shen Tao Directors, executives
Zhou Yun Jie Director
Jiang Xian Da Supervisors
Huang Zhi Feng Supervisors
Chen Yu Fei Executives
Ma Bin Yun Supervisors
Wang Dong Directors, executives
Wu Duo Quan Executives
Gao Shu Jun Executives, directors
Chen Zhong Ge Supervisors
Zhao Yu Hui Directors, executives

ORG Technology Co (SZSE:002701) Headlines

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