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Global Sources (Global Sources) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2016)


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What is Global Sources Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Global Sources's adjusted book value per share for the three months ended in Dec. 2016 was $6.764. 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 $0.00 for the trailing ten years ended in Dec. 2016.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-04-29), Global Sources's current stock price is $20.00. Global Sources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 was $0.00. Global Sources's Cyclically Adjusted PB Ratio of today is .


Global Sources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Global Sources's Cyclically Adjusted Book per Share 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.

Global Sources Cyclically Adjusted Book per Share Chart

Global Sources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Book per Share
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Global Sources Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 Dec16
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Competitive Comparison of Global Sources's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Global Sources'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.


Global Sources's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Sources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Sources's Cyclically Adjusted PB Ratio falls into.



Global Sources Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Global Sources's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book= Book Value per Share /CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=6.764/101.8627*101.8627
=6.764

Current CPI (Dec. 2016) = 101.8627.

Global Sources Quarterly Data

Book Value per Share CPI Adj_Book
200609 2.063 85.606 2.455
200612 2.372 85.142 2.838
200703 2.631 86.640 3.093
200706 2.849 87.906 3.301
200709 2.980 87.964 3.451
200712 3.215 88.616 3.696
200803 3.358 90.090 3.797
200806 3.552 92.320 3.919
200809 3.583 92.307 3.954
200812 3.186 88.697 3.659
200903 3.218 89.744 3.653
200906 3.384 91.003 3.788
200909 3.439 91.120 3.844
200912 3.663 91.111 4.095
201003 3.731 91.821 4.139
201006 3.923 91.962 4.345
201009 2.393 92.162 2.645
201012 2.809 92.474 3.094
201103 2.925 94.283 3.160
201106 3.274 95.235 3.502
201109 3.421 95.727 3.640
201112 3.837 95.213 4.105
201203 3.929 96.783 4.135
201206 4.209 96.819 4.428
201209 4.496 97.633 4.691
201212 4.870 96.871 5.121
201303 5.010 98.209 5.196
201306 5.549 98.518 5.737
201309 5.720 98.790 5.898
201312 5.915 98.326 6.128
201403 5.813 99.695 5.939
201406 4.599 100.560 4.659
201409 0.000 100.428 0.000
201412 5.738 99.070 5.900
201503 5.623 99.621 5.750
201506 6.191 100.684 6.263
201509 5.519 100.392 5.600
201512 6.260 99.792 6.390
201606 6.504 101.688 6.515
201612 6.764 101.863 6.764

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Global Sources  (NAS:GSOL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Global Sources Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Global Sources's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Sources (Global Sources) Business Description

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Global Sources Ltd was incorporated in 1970. The Company is a B2B media company that provides information and integrated marketing services, with a focus on the Greater China market. The primary service includes creating and hosting marketing websites that present suppliers' product and company information in a consistent and searchable manner on GlobalSources.com. It also offers banner advertising and publish print and digital trade magazines, which consist of product advertisements from suppliers and independent editorial reports.The Company provides B2B media products and services to stimulate and streamline the marketing and sourcing processes of trade.

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