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Beijingnfo Outdoor Products Co (SZSE:002780) Cyclically Adjusted PB Ratio : 2.72 (As of May. 23, 2024)


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What is Beijingnfo Outdoor Products Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Beijingnfo Outdoor Products Co's current share price is ¥10.61. Beijingnfo Outdoor Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.90. Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio for today is 2.72.

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

SZSE:002780' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.58   Med: 3.35   Max: 3.79
Current: 2.88

During the past years, Beijingnfo Outdoor Products Co's highest Cyclically Adjusted PB Ratio was 3.79. The lowest was 2.58. And the median was 3.35.

SZSE:002780's Cyclically Adjusted PB Ratio is ranked worse than
77.15% of 731 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs SZSE:002780: 2.88

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.

Beijingnfo Outdoor Products Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥4.373. 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 ¥3.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijingnfo Outdoor Products Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beijingnfo Outdoor Products 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.

Beijingnfo Outdoor Products Co Cyclically Adjusted PB Ratio Chart

Beijingnfo Outdoor Products 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 - - - - 3.27

Beijingnfo Outdoor Products 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 - 3.69 3.27 3.27 3.29

Competitive Comparison of Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Beijingnfo Outdoor Products 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.


Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Beijingnfo Outdoor Products 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.

Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.61/3.9
=2.72

* 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.

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

For example, Beijingnfo Outdoor Products 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)
=4.373/115.2271*115.2271
=4.373

Current CPI (Mar. 2024) = 115.2271.

Beijingnfo Outdoor Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.600 0.000
201409 0.000 98.900 0.000
201412 2.027 99.000 2.359
201503 2.042 99.900 2.355
201506 2.123 99.500 2.459
201509 1.596 100.500 1.830
201512 2.757 100.600 3.158
201603 2.742 102.200 3.092
201606 2.857 101.400 3.247
201609 2.881 102.400 3.242
201612 2.978 102.600 3.345
201703 2.962 103.200 3.307
201706 2.991 103.100 3.343
201709 2.939 104.100 3.253
201712 4.346 104.500 4.792
201803 4.359 105.300 4.770
201806 4.368 104.900 4.798
201809 4.374 106.600 4.728
201812 4.384 106.500 4.743
201903 4.391 107.700 4.698
201906 4.387 107.700 4.694
201909 4.383 109.800 4.600
201912 4.068 111.200 4.215
202003 3.975 112.300 4.079
202006 4.023 110.400 4.199
202009 4.013 111.700 4.140
202012 3.616 111.500 3.737
202103 3.639 112.662 3.722
202106 3.634 111.769 3.746
202109 4.792 112.215 4.921
202112 4.350 113.108 4.432
202203 4.365 114.335 4.399
202206 4.250 114.558 4.275
202209 4.134 115.339 4.130
202212 4.139 115.116 4.143
202303 4.188 115.116 4.192
202306 4.210 114.558 4.235
202309 4.215 115.339 4.211
202312 4.371 114.781 4.388
202403 4.373 115.227 4.373

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.


Beijingnfo Outdoor Products Co  (SZSE:002780) 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.


Beijingnfo Outdoor Products Co Cyclically Adjusted PB Ratio Related Terms

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


Beijingnfo Outdoor Products Co (SZSE:002780) Business Description

Traded in Other Exchanges
N/A
Address
Liaoning Hotel, No1, De Wai Road, Floor 5, Xicheng District, Beijing, CHN
Beijing Sanfo Outdoor Products Co Ltd operates domestic retail stores. Its business also includes outdoor product research and development agent sales; outdoor event organization and operation; design and operation of outdoor sports camp and youth outdoor experience teaching Education. Its products are divided into three categories: outdoor clothing, outdoor footwear, and outdoor equipment.

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