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Zjamp Group Co (SZSE:002758) Cyclically Adjusted PB Ratio : 1.59 (As of Jun. 08, 2024)


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What is Zjamp Group Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Zjamp Group Co's current share price is ¥8.47. Zjamp Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.33. Zjamp Group Co's Cyclically Adjusted PB Ratio for today is 1.59.

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

SZSE:002758' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.18   Max: 2.84
Current: 1.68

During the past years, Zjamp Group Co's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 1.68. And the median was 2.18.

SZSE:002758's Cyclically Adjusted PB Ratio is ranked better than
58.66% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs SZSE:002758: 1.68

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.

Zjamp Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥8.821. 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 ¥5.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zjamp Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zjamp Group 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.

Zjamp Group Co Cyclically Adjusted PB Ratio Chart

Zjamp Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Zjamp Group 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 2.84 2.46 2.23 2.00 1.84

Competitive Comparison of Zjamp Group Co's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, Zjamp Group 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.


Zjamp Group Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Zjamp Group 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.

Zjamp Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.47/5.33
=1.59

* 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.

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

For example, Zjamp Group 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)
=8.821/115.2271*115.2271
=8.821

Current CPI (Mar. 2024) = 115.2271.

Zjamp Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 2.659 99.000 3.095
201503 1.939 99.900 2.236
201506 3.597 99.500 4.166
201509 3.678 100.500 4.217
201512 3.788 100.600 4.339
201603 3.854 102.200 4.345
201606 3.813 101.400 4.333
201609 3.881 102.400 4.367
201612 3.955 102.600 4.442
201703 4.027 103.200 4.496
201706 2.677 103.100 2.992
201709 2.727 104.100 3.018
201712 2.763 104.500 3.047
201803 2.800 105.300 3.064
201806 3.023 104.900 3.321
201809 3.057 106.600 3.304
201812 3.128 106.500 3.384
201903 3.158 107.700 3.379
201906 3.143 107.700 3.363
201909 3.180 109.800 3.337
201912 12.542 111.200 12.996
202003 3.190 112.300 3.273
202006 3.140 110.400 3.277
202009 3.203 111.700 3.304
202012 6.064 111.500 6.267
202103 6.252 112.662 6.394
202106 6.346 111.769 6.542
202109 6.782 112.215 6.964
202112 7.371 113.108 7.509
202203 7.451 114.335 7.509
202206 7.454 114.558 7.498
202209 7.730 115.339 7.723
202212 8.189 115.116 8.197
202303 8.423 115.116 8.431
202306 8.305 114.558 8.354
202309 8.390 115.339 8.382
202312 8.720 114.781 8.754
202403 8.821 115.227 8.821

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.


Zjamp Group Co  (SZSE:002758) 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.


Zjamp Group Co Cyclically Adjusted PB Ratio Related Terms

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


Zjamp Group Co (SZSE:002758) Business Description

Traded in Other Exchanges
N/A
Address
1605, Zhejiang Shaoxing Textile City Avenue, Shaoxing, CHN, 312030
Zjamp Group Co Ltd, formerly Zhejiang Huatong Pharmaceutical Co Ltd is engaged in pharmaceutical wholesale, pharmaceutical retail, pharmaceutical production, pharmaceutical logistics, pharmaceutical exhibitions and other services. Its business segments include Wholesale of drugs, Third-party drug logistics, Drug retail chain and Chinese medicine production.
Executives
Zhang Zu Ming Executives
Zhan Xiang Supervisors
Zhou Zhi Fa Executives
Sun Xiao Ming Supervisors
Zhu Guo Liang Directors, executives
Ni Chi Hang Secretary Dong
Shen Jian Chao Directors, executives
Qian Mu Shui Directors, executives

Zjamp Group Co (SZSE:002758) Headlines

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