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Sino Geophysical Co (SZSE:300191) Cyclically Adjusted PB Ratio : 3.63 (As of May. 28, 2024)


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What is Sino Geophysical Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Sino Geophysical Co's current share price is ¥14.50. Sino Geophysical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.00. Sino Geophysical Co's Cyclically Adjusted PB Ratio for today is 3.63.

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

SZSE:300191' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.43   Med: 4.86   Max: 7.72
Current: 3.46

During the past years, Sino Geophysical Co's highest Cyclically Adjusted PB Ratio was 7.72. The lowest was 2.43. And the median was 4.86.

SZSE:300191's Cyclically Adjusted PB Ratio is ranked worse than
89.61% of 818 companies
in the Oil & Gas industry
Industry Median: 0.98 vs SZSE:300191: 3.46

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.

Sino Geophysical Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.493. 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 ¥4.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sino Geophysical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sino Geophysical 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.

Sino Geophysical Co Cyclically Adjusted PB Ratio Chart

Sino Geophysical 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 5.64 4.29 6.39 4.21 3.86

Sino Geophysical 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 4.55 4.53 4.41 3.86 3.62

Competitive Comparison of Sino Geophysical Co's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Sino Geophysical 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.


Sino Geophysical Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sino Geophysical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sino Geophysical 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.

Sino Geophysical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.50/4
=3.63

* 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.

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

For example, Sino Geophysical 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)
=3.493/115.2271*115.2271
=3.493

Current CPI (Mar. 2024) = 115.2271.

Sino Geophysical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.752 98.200 4.403
201409 3.784 98.900 4.409
201412 3.802 99.000 4.425
201503 3.785 99.900 4.366
201506 3.775 99.500 4.372
201509 3.739 100.500 4.287
201512 3.644 100.600 4.174
201603 3.649 102.200 4.114
201606 3.654 101.400 4.152
201609 3.668 102.400 4.127
201612 3.679 102.600 4.132
201703 3.649 103.200 4.074
201706 3.614 103.100 4.039
201709 3.598 104.100 3.983
201712 3.607 104.500 3.977
201803 3.611 105.300 3.951
201806 3.627 104.900 3.984
201809 3.638 106.600 3.932
201812 3.697 106.500 4.000
201903 3.702 107.700 3.961
201906 3.681 107.700 3.938
201909 3.699 109.800 3.882
201912 3.766 111.200 3.902
202003 3.798 112.300 3.897
202006 3.762 110.400 3.926
202009 3.753 111.700 3.872
202012 3.760 111.500 3.886
202103 3.782 112.662 3.868
202106 3.785 111.769 3.902
202109 3.819 112.215 3.921
202112 3.844 113.108 3.916
202203 3.873 114.335 3.903
202206 3.908 114.558 3.931
202209 3.961 115.339 3.957
202212 3.952 115.116 3.956
202303 3.957 115.116 3.961
202306 3.659 114.558 3.680
202309 3.630 115.339 3.626
202312 3.532 114.781 3.546
202403 3.493 115.227 3.493

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.


Sino Geophysical Co  (SZSE:300191) 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.


Sino Geophysical Co Cyclically Adjusted PB Ratio Related Terms

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


Sino Geophysical Co (SZSE:300191) Business Description

Traded in Other Exchanges
N/A
Address
16th Floor Building B, Kinglong Intemational, No 9 Fulin Road, Chaoyang District, Beijing, CHN, 100107
Sino Geophysical Co Ltd is a petroleum exploration and development company with integrated exploration and development technology services and oil and gas exploration and development investment. Its businesses include seismic data processing, seismic data interpretation, geological analysis, and well placement.
Executives
Zhou Jin Ming Directors, executives
Yu Zhang Hua Supervisors
Yu Jin Xing Director
Wu Jie Supervisors
Han Hong Xia Supervisors
Lin Zheng Xie Directors, executives
Ke Tai Long Director

Sino Geophysical Co (SZSE:300191) Headlines

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