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KraussMaffei Co (SHSE:600579) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 10, 2024)


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What is KraussMaffei Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), KraussMaffei Co's current share price is ¥5.48. KraussMaffei Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.30. KraussMaffei Co's Cyclically Adjusted PB Ratio for today is 1.03.

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

SHSE:600579' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 7.22   Max: 38.05
Current: 1.03

During the past years, KraussMaffei Co's highest Cyclically Adjusted PB Ratio was 38.05. The lowest was 0.95. And the median was 7.22.

SHSE:600579's Cyclically Adjusted PB Ratio is ranked better than
72.44% of 2177 companies
in the Industrial Products industry
Industry Median: 1.8 vs SHSE:600579: 1.03

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.

KraussMaffei Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥1.256. 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 ¥5.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KraussMaffei Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KraussMaffei 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.

KraussMaffei Co Cyclically Adjusted PB Ratio Chart

KraussMaffei 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 3.10 1.75 2.17 1.32 1.37

KraussMaffei 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 1.30 1.44 1.35 1.37 1.25

Competitive Comparison of KraussMaffei Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, KraussMaffei 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.


KraussMaffei Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KraussMaffei Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KraussMaffei 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.48/5.3
=1.03

* 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.

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

For example, KraussMaffei 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)
=1.256/115.2271*115.2271
=1.256

Current CPI (Mar. 2024) = 115.2271.

KraussMaffei Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.586 98.200 1.861
201409 1.618 98.900 1.885
201412 1.739 99.000 2.024
201503 1.739 99.900 2.006
201506 1.764 99.500 2.043
201509 1.782 100.500 2.043
201512 1.832 100.600 2.098
201603 1.814 102.200 2.045
201606 1.835 101.400 2.085
201609 2.922 102.400 3.288
201612 2.931 102.600 3.292
201703 2.925 103.200 3.266
201706 2.940 103.100 3.286
201709 2.900 104.100 3.210
201712 12.603 104.500 13.897
201803 2.828 105.300 3.095
201806 2.842 104.900 3.122
201809 2.847 106.600 3.077
201812 13.819 106.500 14.951
201903 6.163 107.700 6.594
201906 6.138 107.700 6.567
201909 6.137 109.800 6.440
201912 6.259 111.200 6.486
202003 6.123 112.300 6.283
202006 6.091 110.400 6.357
202009 7.270 111.700 7.500
202012 7.221 111.500 7.462
202103 6.918 112.662 7.076
202106 6.852 111.769 7.064
202109 6.722 112.215 6.902
202112 9.728 113.108 9.910
202203 9.416 114.335 9.489
202206 9.395 114.558 9.450
202209 9.508 115.339 9.499
202212 7.014 115.116 7.021
202303 6.312 115.116 6.318
202306 5.536 114.558 5.568
202309 4.682 115.339 4.677
202312 1.445 114.781 1.451
202403 1.256 115.227 1.256

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.


KraussMaffei Co  (SHSE:600579) 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.


KraussMaffei Co Cyclically Adjusted PB Ratio Related Terms

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


KraussMaffei Co (SHSE:600579) Business Description

Traded in Other Exchanges
N/A
Address
No. 62, Bei Sihuan West Road, Haidian District, Beijing, CHN, 100080
KraussMaffei Co Ltd is engaged in research, development, design, manufacturing and after-sales service of equipment in chemical, petrochemical, coal chemical, metallurgy, non-ferrous metals, power and energy conservation and environmental protection, chemical instrumentation and automation complete control systems. The company's products include Injection Molding Machinery, Extrusion Technology, Reaction Process Machinery, Digital and Service Solutions, and Others.

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