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China National Nuclear Power Co (SHSE:601985) Cyclically Adjusted PB Ratio : 2.58 (As of Jan. 26, 2025)


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What is China National Nuclear Power Co Cyclically Adjusted PB Ratio?

As of today (2025-01-26), China National Nuclear Power Co's current share price is ¥9.56. China National Nuclear Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥3.70. China National Nuclear Power Co's Cyclically Adjusted PB Ratio for today is 2.58.

The historical rank and industry rank for China National Nuclear Power Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:601985' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.18   Max: 3.35
Current: 2.55

During the past years, China National Nuclear Power Co's highest Cyclically Adjusted PB Ratio was 3.35. The lowest was 1.56. And the median was 2.18.

SHSE:601985's Cyclically Adjusted PB Ratio is ranked worse than
78.25% of 400 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs SHSE:601985: 2.55

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.

China National Nuclear Power Co's adjusted book value per share data for the three months ended in Sep. 2024 was ¥5.125. 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 ¥3.70 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China National Nuclear Power Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China National Nuclear Power 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.

China National Nuclear Power Co Cyclically Adjusted PB Ratio Chart

China National Nuclear Power 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 1.97 1.85 2.88 1.88 2.17

China National Nuclear Power Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.14 2.17 2.60 2.97 3.01

Competitive Comparison of China National Nuclear Power Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, China National Nuclear Power 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.


China National Nuclear Power Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China National Nuclear Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China National Nuclear Power Co's Cyclically Adjusted PB Ratio falls into.



China National Nuclear Power 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.

China National Nuclear Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.56/3.7
=2.58

* 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.

China National Nuclear Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, China National Nuclear Power Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.125/115.7848*115.7848
=5.125

Current CPI (Sep. 2024) = 115.7848.

China National Nuclear Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.924 99.000 2.250
201503 1.519 99.900 1.761
201506 2.334 99.500 2.716
201509 2.398 100.500 2.763
201512 2.415 100.600 2.780
201603 2.480 102.200 2.810
201606 2.576 101.400 2.941
201609 2.568 102.400 2.904
201612 2.613 102.600 2.949
201703 2.692 103.200 3.020
201706 2.669 103.100 2.997
201709 2.771 104.100 3.082
201712 2.802 104.500 3.105
201803 2.858 105.300 3.143
201806 2.842 104.900 3.137
201809 2.925 106.600 3.177
201812 2.967 106.500 3.226
201903 3.065 107.700 3.295
201906 3.099 107.700 3.332
201909 3.159 109.800 3.331
201912 3.328 111.200 3.465
202003 3.285 112.300 3.387
202006 3.297 110.400 3.458
202009 3.745 111.700 3.882
202012 4.037 111.500 4.192
202103 4.123 112.662 4.237
202106 4.153 111.769 4.302
202109 4.263 112.215 4.399
202112 4.354 113.108 4.457
202203 4.591 114.335 4.649
202206 4.688 114.558 4.738
202209 4.816 115.339 4.835
202212 4.705 115.116 4.732
202303 4.864 115.116 4.892
202306 4.853 114.558 4.905
202309 4.754 115.339 4.772
202312 4.816 114.781 4.858
202403 4.982 115.227 5.006
202406 4.938 114.781 4.981
202409 5.125 115.785 5.125

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.


China National Nuclear Power Co  (SHSE:601985) 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.


China National Nuclear Power Co Cyclically Adjusted PB Ratio Related Terms

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


China National Nuclear Power Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Linglong Road, Building 10, East District, Haidian District, Beijing, CHN, 100097
China National Nuclear Power Co Ltd is engaged in the development, investment, construction, operation, and management of nuclear power projects in China. It also engages in the technical research in the operation of nuclear power plants, and the provision of related technical and consultancy services.
Executives
He Xiao Jian Director
Gu Jian senior management
Jiang Jing Supervisors
Luo Xiao Wei senior management
Zhang Tao Directors, senior managers

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