GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fujian Septwolves Industry Co Ltd (SZSE:002029) » Definitions » Cyclically Adjusted PB Ratio

Fujian Septwolves Industry Co (SZSE:002029) Cyclically Adjusted PB Ratio : 0.69 (As of Jun. 04, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Fujian Septwolves Industry Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Fujian Septwolves Industry Co's current share price is ¥5.52. Fujian Septwolves Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥7.96. Fujian Septwolves Industry Co's Cyclically Adjusted PB Ratio for today is 0.69.

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

SZSE:002029' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.25   Max: 9.72
Current: 0.71

During the past years, Fujian Septwolves Industry Co's highest Cyclically Adjusted PB Ratio was 9.72. The lowest was 0.62. And the median was 1.25.

SZSE:002029's Cyclically Adjusted PB Ratio is ranked better than
66.19% of 763 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs SZSE:002029: 0.71

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.

Fujian Septwolves Industry Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥8.660. 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 ¥7.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Septwolves Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujian Septwolves Industry 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.

Fujian Septwolves Industry Co Cyclically Adjusted PB Ratio Chart

Fujian Septwolves Industry 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 0.91 0.76 0.83 0.71 0.73

Fujian Septwolves Industry 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 0.75 0.81 0.79 0.73 0.69

Competitive Comparison of Fujian Septwolves Industry Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Fujian Septwolves Industry 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.


Fujian Septwolves Industry Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujian Septwolves Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujian Septwolves Industry 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.

Fujian Septwolves Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.52/7.96
=0.69

* 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.

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

For example, Fujian Septwolves Industry 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)
=8.66/115.2271*115.2271
=8.660

Current CPI (Mar. 2024) = 115.2271.

Fujian Septwolves Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.164 98.200 7.233
201409 6.267 98.900 7.302
201412 6.372 99.000 7.416
201503 6.463 99.900 7.455
201506 6.431 99.500 7.447
201509 6.514 100.500 7.469
201512 6.645 100.600 7.611
201603 6.740 102.200 7.599
201606 6.686 101.400 7.598
201609 6.750 102.400 7.596
201612 6.878 102.600 7.724
201703 6.986 103.200 7.800
201706 6.960 103.100 7.779
201709 7.088 104.100 7.846
201712 7.215 104.500 7.956
201803 7.352 105.300 8.045
201806 7.319 104.900 8.040
201809 7.407 106.600 8.006
201812 7.635 106.500 8.261
201903 7.778 107.700 8.322
201906 7.699 107.700 8.237
201909 7.752 109.800 8.135
201912 7.938 111.200 8.225
202003 7.879 112.300 8.084
202006 7.865 110.400 8.209
202009 7.732 111.700 7.976
202012 7.924 111.500 8.189
202103 7.926 112.662 8.106
202106 7.774 111.769 8.015
202109 7.749 112.215 7.957
202112 7.949 113.108 8.098
202203 7.990 114.335 8.052
202206 8.079 114.558 8.126
202209 8.089 115.339 8.081
202212 8.177 115.116 8.185
202303 8.300 115.116 8.308
202306 8.403 114.558 8.452
202309 8.465 115.339 8.457
202312 8.507 114.781 8.540
202403 8.660 115.227 8.660

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.


Fujian Septwolves Industry Co  (SZSE:002029) 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.


Fujian Septwolves Industry Co Cyclically Adjusted PB Ratio Related Terms

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


Fujian Septwolves Industry Co (SZSE:002029) Business Description

Traded in Other Exchanges
N/A
Address
Jinjing Town, South Industrial Zone, Fujian Province, Jinjiang, CHN, 362251
Fujian Septwolves Industry Co Ltd is a China-based company operates in the apparel division. It is involved in the design, production, and sale of men's clothing such as jackets, suits, coats and other accessories. These products are offered under various brands which include Septwolves, Wolf Totem, 16N, OWOOO, Mark Fairwhale, Karl Lagerfeld, and Dancing Wolves.
Executives
Zhou Shao Xiong Directors, executives
Zhou Shao Ming Director
Zhou Yong Wei Director
Wu Xing Qun Directors, executives
Hong Qing Hai Director
Shi Yu Zhu Supervisors
Luo Long Xiang Supervisors
Qi Shu Jie Independent director
Li Qiang Executives
Dai Yi Yi Director

Fujian Septwolves Industry Co (SZSE:002029) Headlines

No Headlines