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Markor International Home Furnishings Co (SHSE:600337) Cyclically Adjusted PB Ratio : 0.86 (As of May. 24, 2024)


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What is Markor International Home Furnishings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Markor International Home Furnishings Co's current share price is ¥2.23. Markor International Home Furnishings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.59. Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600337' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.12   Max: 6.57
Current: 0.86

During the past years, Markor International Home Furnishings Co's highest Cyclically Adjusted PB Ratio was 6.57. The lowest was 0.84. And the median was 2.12.

SHSE:600337's Cyclically Adjusted PB Ratio is ranked better than
65.76% of 295 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs SHSE:600337: 0.86

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.

Markor International Home Furnishings Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥2.352. 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 ¥2.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markor International Home Furnishings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Markor International Home Furnishings 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.

Markor International Home Furnishings Co Cyclically Adjusted PB Ratio Chart

Markor International Home Furnishings 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 1.98 1.97 1.45 1.12 1.07

Markor International Home Furnishings 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 1.15 1.28 1.05 1.07 0.99

Competitive Comparison of Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Markor International Home Furnishings 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.


Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio falls into.



Markor International Home Furnishings 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.

Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.23/2.59
=0.86

* 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.

Markor International Home Furnishings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Markor International Home Furnishings 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)
=2.352/115.2271*115.2271
=2.352

Current CPI (Mar. 2024) = 115.2271.

Markor International Home Furnishings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.818 98.200 2.133
201409 1.855 98.900 2.161
201412 1.916 99.000 2.230
201503 1.945 99.900 2.243
201506 1.938 99.500 2.244
201509 1.990 100.500 2.282
201512 2.055 100.600 2.354
201603 2.084 102.200 2.350
201606 2.009 101.400 2.283
201609 2.077 102.400 2.337
201612 2.160 102.600 2.426
201703 2.194 103.200 2.450
201706 2.126 103.100 2.376
201709 2.670 104.100 2.955
201712 2.731 104.500 3.011
201803 2.807 105.300 3.072
201806 2.704 104.900 2.970
201809 2.726 106.600 2.947
201812 2.706 106.500 2.928
201903 2.647 107.700 2.832
201906 2.505 107.700 2.680
201909 2.553 109.800 2.679
201912 2.610 111.200 2.705
202003 2.417 112.300 2.480
202006 2.495 110.400 2.604
202009 2.376 111.700 2.451
202012 2.405 111.500 2.485
202103 2.619 112.662 2.679
202106 2.586 111.769 2.666
202109 2.659 112.215 2.730
202112 2.704 113.108 2.755
202203 2.641 114.335 2.662
202206 2.608 114.558 2.623
202209 2.844 115.339 2.841
202212 2.792 115.116 2.795
202303 2.776 115.116 2.779
202306 2.774 114.558 2.790
202309 2.648 115.339 2.645
202312 2.493 114.781 2.503
202403 2.352 115.227 2.352

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.


Markor International Home Furnishings Co  (SHSE:600337) 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.


Markor International Home Furnishings Co Cyclically Adjusted PB Ratio Related Terms

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Markor International Home Furnishings Co (SHSE:600337) Business Description

Traded in Other Exchanges
N/A
Address
No. 506, South Beijing Road, Xinjiang, Urumqi, CHN, 830011
Markor International Home Furnishings Co Ltd is engaged in production & marketing of decoration materials, solid wood furniture, polyester furniture & auxiliary products.
Executives
Huang Xin Director
Gu Shao Jun senior management
Zhao Jing Director
Zhang Li Director
Zhang Jian Ying Director
Kou Wei Ping Director
Dai Jian Guo Director

Markor International Home Furnishings Co (SHSE:600337) Headlines

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