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CCS Supply Chain Management Co (SHSE:600180) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 10, 2024)


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What is CCS Supply Chain Management Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), CCS Supply Chain Management Co's current share price is ¥4.07. CCS Supply Chain Management Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.80. CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600180' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.15   Max: 23.91
Current: 0.7

During the past years, CCS Supply Chain Management Co's highest Cyclically Adjusted PB Ratio was 23.91. The lowest was 0.70. And the median was 3.15.

SHSE:600180's Cyclically Adjusted PB Ratio is ranked better than
74.21% of 725 companies
in the Transportation industry
Industry Median: 1.27 vs SHSE:600180: 0.70

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.

CCS Supply Chain Management Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥7.365. 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 ¥5.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCS Supply Chain Management Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CCS Supply Chain Management 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.

CCS Supply Chain Management Co Cyclically Adjusted PB Ratio Chart

CCS Supply Chain Management 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 2.05 1.32 1.60 1.10 1.08

CCS Supply Chain Management 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 1.10 1.11 1.08 1.08 0.87

Competitive Comparison of CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, CCS Supply Chain Management 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.


CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio falls into.



CCS Supply Chain Management 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.

CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.07/5.8
=0.70

* 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.

CCS Supply Chain Management Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CCS Supply Chain Management 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)
=7.365/115.2271*115.2271
=7.365

Current CPI (Mar. 2024) = 115.2271.

CCS Supply Chain Management Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.196 98.200 2.577
201409 2.338 98.900 2.724
201412 2.458 99.000 2.861
201503 2.554 99.900 2.946
201506 4.306 99.500 4.987
201509 3.830 100.500 4.391
201512 4.040 100.600 4.627
201603 4.210 102.200 4.747
201606 4.195 101.400 4.767
201609 4.313 102.400 4.853
201612 4.551 102.600 5.111
201703 4.808 103.200 5.368
201706 4.800 103.100 5.365
201709 4.851 104.100 5.370
201712 5.146 104.500 5.674
201803 5.370 105.300 5.876
201806 5.446 104.900 5.982
201809 5.525 106.600 5.972
201812 5.661 106.500 6.125
201903 5.805 107.700 6.211
201906 5.868 107.700 6.278
201909 5.949 109.800 6.243
201912 6.067 111.200 6.287
202003 6.177 112.300 6.338
202006 6.058 110.400 6.323
202009 5.985 111.700 6.174
202012 6.019 111.500 6.220
202103 6.185 112.662 6.326
202106 6.212 111.769 6.404
202109 6.434 112.215 6.607
202112 6.734 113.108 6.860
202203 6.760 114.335 6.813
202206 7.053 114.558 7.094
202209 7.179 115.339 7.172
202212 7.176 115.116 7.183
202303 7.291 115.116 7.298
202306 7.561 114.558 7.605
202309 7.404 115.339 7.397
202312 7.271 114.781 7.299
202403 7.365 115.227 7.365

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.


CCS Supply Chain Management Co  (SHSE:600180) 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.


CCS Supply Chain Management Co Cyclically Adjusted PB Ratio Related Terms

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


CCS Supply Chain Management Co (SHSE:600180) Business Description

Traded in Other Exchanges
N/A
Address
20/F, HailianMasion, No.20, Business Outer Ring Road, CBD, Zhengdong New Area, Zhengzhou, CHN, 450000
CCS Supply Chain Management Co Ltd is a China-based company engaged in coal supply chain management business. In addition, it is also engaged in supply chain financial business. Through its subsidiaries, the company is also engaged in the procurement and sales of coal.
Executives
Li Qun Li Director
Yan Gang Director
Zhang Ju Fang senior management
Wang Dong Sheng Director
Li Ai Jun senior management
Xing Guo Zhen Director
Jiang Hai Lin Director
Jiang Shao Qing Director
Jiang Pei Qi Supervisors

CCS Supply Chain Management Co (SHSE:600180) Headlines

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