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Wuhu Token Science Co (SZSE:300088) Cyclically Adjusted PB Ratio : 1.85 (As of Jun. 08, 2024)


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What is Wuhu Token Science Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Wuhu Token Science Co's current share price is ¥4.56. Wuhu Token Science Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.47. Wuhu Token Science Co's Cyclically Adjusted PB Ratio for today is 1.85.

The historical rank and industry rank for Wuhu Token Science Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300088' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 4.43   Max: 9.71
Current: 1.96

During the past years, Wuhu Token Science Co's highest Cyclically Adjusted PB Ratio was 9.71. The lowest was 1.82. And the median was 4.43.

SZSE:300088's Cyclically Adjusted PB Ratio is ranked worse than
56.71% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs SZSE:300088: 1.96

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.

Wuhu Token Science Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥3.387. 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 ¥2.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wuhu Token Science Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wuhu Token Science 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.

Wuhu Token Science Co Cyclically Adjusted PB Ratio Chart

Wuhu Token Science 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 7.24 5.43 7.03 2.76 2.78

Wuhu Token Science 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 3.14 2.65 2.61 2.78 2.16

Competitive Comparison of Wuhu Token Science Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Wuhu Token Science 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.


Wuhu Token Science Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhu Token Science Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wuhu Token Science Co's Cyclically Adjusted PB Ratio falls into.



Wuhu Token Science 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.

Wuhu Token Science Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.56/2.47
=1.85

* 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.

Wuhu Token Science Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wuhu Token Science 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)
=3.387/115.2271*115.2271
=3.387

Current CPI (Mar. 2024) = 115.2271.

Wuhu Token Science Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.032 98.200 1.211
201409 1.058 98.900 1.233
201412 1.056 99.000 1.229
201503 1.476 99.900 1.702
201506 1.497 99.500 1.734
201509 1.501 100.500 1.721
201512 1.525 100.600 1.747
201603 1.545 102.200 1.742
201606 1.591 101.400 1.808
201609 1.582 102.400 1.780
201612 1.678 102.600 1.885
201703 1.678 103.200 1.874
201706 1.783 103.100 1.993
201709 1.852 104.100 2.050
201712 1.896 104.500 2.091
201803 1.958 105.300 2.143
201806 1.954 104.900 2.146
201809 2.060 106.600 2.227
201812 2.113 106.500 2.286
201903 2.271 107.700 2.430
201906 2.260 107.700 2.418
201909 2.393 109.800 2.511
201912 2.592 111.200 2.686
202003 2.680 112.300 2.750
202006 2.704 110.400 2.822
202009 2.837 111.700 2.927
202012 2.862 111.500 2.958
202103 2.957 112.662 3.024
202106 2.953 111.769 3.044
202109 3.088 112.215 3.171
202112 3.138 113.108 3.197
202203 3.212 114.335 3.237
202206 3.237 114.558 3.256
202209 3.326 115.339 3.323
202212 3.367 115.116 3.370
202303 3.410 115.116 3.413
202306 3.357 114.558 3.377
202309 3.392 115.339 3.389
202312 3.367 114.781 3.380
202403 3.387 115.227 3.387

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.


Wuhu Token Science Co  (SZSE:300088) 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.


Wuhu Token Science Co Cyclically Adjusted PB Ratio Related Terms

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


Wuhu Token Science Co (SZSE:300088) Business Description

Traded in Other Exchanges
N/A
Address
Wuhu Economic and Technological Development Zone, Jinger Road, East of steam, Wuhu, Anhui, CHN, 241009
Wuhu Token Science Co Ltd is engaged in the research, development, production, and sales of new flat panel display devices and materials, touch screen and touch display modules, ultra-thin display panels, vacuum photocouplic coating products, and other coating products, display glass and organic materials cover and other electronic display devices and materials, related optoelectronic components and related optical and electronic equipment, spare parts, electronic raw materials.
Executives
Zou Zhen Executives
Ding Li Jian Independent director
Gao Qian Wen Director
Chen Qi Director
Chen Wei Da Directors, executives
Lian Jian Director
Pan Zhi Supervisors
Ning Peng Fei Directors, executives
Chen Xi Lin Directors, executives
Sun Jian Ye Independent director
Shen Li Directors, executives

Wuhu Token Science Co (SZSE:300088) Headlines

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