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GEPIC Energy Development Co (SZSE:000791) Cyclically Adjusted PB Ratio : 1.58 (As of May. 24, 2024)


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What is GEPIC Energy Development Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), GEPIC Energy Development Co's current share price is ¥7.50. GEPIC Energy Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.75. GEPIC Energy Development Co's Cyclically Adjusted PB Ratio for today is 1.58.

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

SZSE:000791' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.43   Max: 7.88
Current: 1.55

During the past years, GEPIC Energy Development Co's highest Cyclically Adjusted PB Ratio was 7.88. The lowest was 0.81. And the median was 1.43.

SZSE:000791's Cyclically Adjusted PB Ratio is ranked worse than
60.31% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.215 vs SZSE:000791: 1.55

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.

GEPIC Energy Development Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥5.468. 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 ¥4.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GEPIC Energy Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GEPIC Energy Development 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.

GEPIC Energy Development Co Cyclically Adjusted PB Ratio Chart

GEPIC Energy Development 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 1.00 1.10 1.65 1.15 1.19

GEPIC Energy Development 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 1.11 1.13 1.19 1.19 1.22

Competitive Comparison of GEPIC Energy Development Co's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, GEPIC Energy Development 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.


GEPIC Energy Development Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GEPIC Energy Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GEPIC Energy Development 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.

GEPIC Energy Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.50/4.75
=1.58

* 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.

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

For example, GEPIC Energy Development 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)
=5.468/115.2271*115.2271
=5.468

Current CPI (Mar. 2024) = 115.2271.

GEPIC Energy Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.418 98.200 4.011
201409 3.588 98.900 4.180
201412 3.610 99.000 4.202
201503 3.484 99.900 4.019
201506 3.503 99.500 4.057
201509 3.673 100.500 4.211
201512 3.904 100.600 4.472
201603 3.628 102.200 4.090
201606 3.635 101.400 4.131
201609 3.759 102.400 4.230
201612 3.676 102.600 4.128
201703 3.575 103.200 3.992
201706 3.875 103.100 4.331
201709 4.058 104.100 4.492
201712 4.303 104.500 4.745
201803 4.078 105.300 4.462
201806 4.182 104.900 4.594
201809 4.455 106.600 4.816
201812 4.428 106.500 4.791
201903 4.407 107.700 4.715
201906 4.542 107.700 4.859
201909 4.757 109.800 4.992
201912 4.708 111.200 4.878
202003 4.680 112.300 4.802
202006 4.750 110.400 4.958
202009 4.963 111.700 5.120
202012 4.939 111.500 5.104
202103 4.930 112.662 5.042
202106 4.926 111.769 5.078
202109 5.045 112.215 5.180
202112 5.011 113.108 5.105
202203 4.974 114.335 5.013
202206 5.062 114.558 5.092
202209 5.223 115.339 5.218
202212 6.073 115.116 6.079
202303 5.138 115.116 5.143
202306 5.261 114.558 5.292
202309 5.460 115.339 5.455
202312 5.432 114.781 5.453
202403 5.468 115.227 5.468

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.


GEPIC Energy Development Co  (SZSE:000791) 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.


GEPIC Energy Development Co Cyclically Adjusted PB Ratio Related Terms

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


GEPIC Energy Development Co (SZSE:000791) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 69 Building Investment Group, 24th Floor, Gansu North Riverside, Gansu Province, Lanzhou, CHN
GEPIC Energy Development Co Ltd manufactures and distributes paints, pigments and pipes. It also involved in property development and management, as well as commercial trading and logistics businesses.
Executives
Li Ning Ping Director
Li Hui Director
Zhang Jian Hong Executives
Hu Zhong Qun Executives
Li Qing Biao Supervisors
Kou Shi Min Secretary Dong
Fu Li Rong Director
Luo Zhi He Directors, executives
Fu Shu Li Director
Zhang Jing Bao Director

GEPIC Energy Development Co (SZSE:000791) Headlines

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