GURUFOCUS.COM » STOCK LIST » Technology » Software » Weaver Network Technology Co Ltd (SHSE:603039) » Definitions » Cyclically Adjusted PB Ratio

Weaver Network Technology Co (SHSE:603039) Cyclically Adjusted PB Ratio : 7.94 (As of Jun. 10, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Weaver Network Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Weaver Network Technology Co's current share price is ¥33.04. Weaver Network Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.16. Weaver Network Technology Co's Cyclically Adjusted PB Ratio for today is 7.94.

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

SHSE:603039' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.79   Med: 8.61   Max: 9.02
Current: 7.94

During the past years, Weaver Network Technology Co's highest Cyclically Adjusted PB Ratio was 9.02. The lowest was 7.79. And the median was 8.61.

SHSE:603039's Cyclically Adjusted PB Ratio is ranked worse than
85.79% of 1422 companies
in the Software industry
Industry Median: 2.5 vs SHSE:603039: 7.94

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.

Weaver Network Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥7.839. 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 ¥4.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weaver Network Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Weaver Network Technology 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.

Weaver Network Technology Co Cyclically Adjusted PB Ratio Chart

Weaver Network Technology 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 - - - - -

Weaver Network Technology 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 - - - - 9.51

Competitive Comparison of Weaver Network Technology Co's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Weaver Network Technology 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.


Weaver Network Technology Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Weaver Network Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Weaver Network Technology 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.

Weaver Network Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.04/4.16
=7.94

* 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.

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

For example, Weaver Network Technology 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)
=7.839/115.2271*115.2271
=7.839

Current CPI (Mar. 2024) = 115.2271.

Weaver Network Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.397 92.885 0.492
201212 0.572 95.237 0.692
201312 1.234 97.624 1.457
201406 1.413 98.200 1.658
201412 0.975 99.000 1.135
201509 0.000 100.500 0.000
201512 1.249 100.600 1.431
201603 0.000 102.200 0.000
201606 1.365 101.400 1.551
201609 1.452 102.400 1.634
201612 1.603 102.600 1.800
201703 2.112 103.200 2.358
201706 2.138 103.100 2.389
201709 2.462 104.100 2.725
201712 2.325 104.500 2.564
201803 2.409 105.300 2.636
201806 2.479 104.900 2.723
201809 2.596 106.600 2.806
201812 2.841 106.500 3.074
201903 2.939 107.700 3.144
201906 3.020 107.700 3.231
201909 3.132 109.800 3.287
201912 3.535 111.200 3.663
202003 3.622 112.300 3.716
202006 3.976 110.400 4.150
202009 4.089 111.700 4.218
202012 5.243 111.500 5.418
202103 5.905 112.662 6.039
202106 6.319 111.769 6.514
202109 6.532 112.215 6.707
202112 7.212 113.108 7.347
202203 7.285 114.335 7.342
202206 6.953 114.558 6.994
202209 6.951 115.339 6.944
202212 7.333 115.116 7.340
202303 7.344 115.116 7.351
202306 7.718 114.558 7.763
202309 8.012 115.339 8.004
202312 7.980 114.781 8.011
202403 7.839 115.227 7.839

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.


Weaver Network Technology Co  (SHSE:603039) 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.


Weaver Network Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Weaver Network Technology Co (SHSE:603039) Business Description

Traded in Other Exchanges
N/A
Address
No. 3419 Sanlu Highway, Fanwei Software Park, Minhang, Shanghai, CHN, 201112
Weaver Network Technology Co Ltd is a China based company engaged in developing collaborative management software. The product system provided by the company includes cloud office platform, mobile platform e-mobile, collaborative management application platform, and collaborative office standard edition, among others. It also offers information portal solution, cost control management solution, group management solution, target performance management solution.
Executives
Wei Li Dong Directors, senior managers
Sui Qing senior management
Hu Bo senior management
Wang Chen Zhi Directors, senior managers
Yang Guo Sheng senior management
Bao Xiao Juan Directors, senior managers
Zhou Jun Feng Director
Jin Ge Directors, senior managers
Xiong Xue Wu Director

Weaver Network Technology Co (SHSE:603039) Headlines

No Headlines