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Suzhou Good-Ark Electronics Co (SZSE:002079) Cyclically Adjusted PB Ratio : 3.44 (As of Jun. 08, 2024)


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What is Suzhou Good-Ark Electronics Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Suzhou Good-Ark Electronics Co's current share price is ¥8.83. Suzhou Good-Ark Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.57. Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio for today is 3.44.

The historical rank and industry rank for Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002079' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.5   Med: 5.36   Max: 13.46
Current: 3.64

During the past years, Suzhou Good-Ark Electronics Co's highest Cyclically Adjusted PB Ratio was 13.46. The lowest was 2.50. And the median was 5.36.

SZSE:002079's Cyclically Adjusted PB Ratio is ranked worse than
65.31% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs SZSE:002079: 3.64

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.

Suzhou Good-Ark Electronics Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.611. 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 ¥2.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzhou Good-Ark Electronics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suzhou Good-Ark Electronics 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.

Suzhou Good-Ark Electronics Co Cyclically Adjusted PB Ratio Chart

Suzhou Good-Ark Electronics 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 6.18 5.02 6.07 5.64 4.48

Suzhou Good-Ark Electronics 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 6.54 5.99 4.72 4.48 3.68

Competitive Comparison of Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio falls into.



Suzhou Good-Ark Electronics 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.

Suzhou Good-Ark Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.83/2.57
=3.44

* 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.

Suzhou Good-Ark Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Suzhou Good-Ark Electronics 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)
=3.611/115.2271*115.2271
=3.611

Current CPI (Mar. 2024) = 115.2271.

Suzhou Good-Ark Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.712 98.200 2.009
201409 1.734 98.900 2.020
201412 1.747 99.000 2.033
201503 1.751 99.900 2.020
201506 1.737 99.500 2.012
201509 1.744 100.500 2.000
201512 1.758 100.600 2.014
201603 1.827 102.200 2.060
201606 1.948 101.400 2.214
201609 1.987 102.400 2.236
201612 2.012 102.600 2.260
201703 2.038 103.200 2.276
201706 2.033 103.100 2.272
201709 2.069 104.100 2.290
201712 2.105 104.500 2.321
201803 2.132 105.300 2.333
201806 2.142 104.900 2.353
201809 2.183 106.600 2.360
201812 2.235 106.500 2.418
201903 2.241 107.700 2.398
201906 2.250 107.700 2.407
201909 2.307 109.800 2.421
201912 2.366 111.200 2.452
202003 2.379 112.300 2.441
202006 2.402 110.400 2.507
202009 2.310 111.700 2.383
202012 2.477 111.500 2.560
202103 2.417 112.662 2.472
202106 2.832 111.769 2.920
202109 2.926 112.215 3.005
202112 2.961 113.108 3.016
202203 3.033 114.335 3.057
202206 3.035 114.558 3.053
202209 3.137 115.339 3.134
202212 3.381 115.116 3.384
202303 3.417 115.116 3.420
202306 3.447 114.558 3.467
202309 3.490 115.339 3.487
202312 3.599 114.781 3.613
202403 3.611 115.227 3.611

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.


Suzhou Good-Ark Electronics Co  (SZSE:002079) 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.


Suzhou Good-Ark Electronics Co Cyclically Adjusted PB Ratio Related Terms

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


Suzhou Good-Ark Electronics Co (SZSE:002079) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Tongxi Road, Tongan Development Zone, Jiangsu, Suzhou, CHN, 215002
Suzhou Good-Ark Electronics Co Ltd is a China-based company engaged in the semiconductor industry. It designs, manufactures, packages and sells semiconductors. The products offered by the company include the leadless integrated circuits and discrete devices, automotive rectifier diode, power modules, rectifier diode chip, silicon rectifier diodes, switching diodes, Zener diodes, miniature bridges, military fuse, and photovoltaic bypass module. The company sells its products in China and other countries.
Executives
Wu Nian Bo Director
Xie Qian Qian Executives
Teng You Xi Directors, executives
Yang Xiao Ping Executives
Gu Mei Jun Executives
Wen Su Bin Independent director
Tang Zai Nan Directors, executives
Yang Shuo Securities Affairs Representative
Huang Hao Rong Supervisors
Lu Fei Min Supervisors
Jiang Xiao Hang Supervisors

Suzhou Good-Ark Electronics Co (SZSE:002079) Headlines

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