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China Mobile (SGX:K3PD) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is China Mobile Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

China Mobile's adjusted book value per share for the three months ended in Mar. 2024 was $43.471. 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 Mar. 2024.

During the past 12 months, China Mobile's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of China Mobile was 12.70% per year. The lowest was 11.10% per year. And the median was 11.90% per year.

As of today (2024-06-08), China Mobile's current stock price is $28.89. China Mobile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. China Mobile's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Mobile was 2.20. The lowest was 1.34. And the median was 1.86.


China Mobile Cyclically Adjusted Book per Share Historical Data

The historical data trend for China Mobile'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.

China Mobile Cyclically Adjusted Book per Share Chart

China Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 19.64 -

China Mobile Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - - - -

Competitive Comparison of China Mobile's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, China Mobile'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 Mobile's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



China Mobile 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, China Mobile'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)
=43.471/117.7354*117.7354
=43.471

Current CPI (Mar. 2024) = 117.7354.

China Mobile Quarterly Data

Book Value per Share CPI Adj_Book
200806 14.495 79.919 21.354
200812 15.769 79.590 23.327
200906 16.957 79.260 25.189
200912 18.270 80.799 26.622
201006 19.447 81.568 28.070
201012 21.319 83.217 30.162
201106 23.199 86.185 31.691
201112 25.164 87.944 33.688
201206 26.411 89.373 34.792
201212 28.531 91.132 36.860
201306 30.374 93.001 38.452
201312 31.919 95.090 39.520
201406 32.547 96.409 39.747
201412 35.112 99.707 41.461
201506 35.124 99.267 41.659
201512 34.739 102.015 40.092
201606 35.464 101.686 41.062
201612 34.549 103.225 39.406
201706 36.535 103.664 41.494
201712 36.505 104.984 40.939
201806 38.968 106.193 43.204
201812 37.333 107.622 40.841
201906 38.239 109.601 41.077
201912 38.430 110.700 40.872
202006 38.841 110.590 41.351
202009 0.000 107.512 0.000
202012 42.903 109.711 46.041
202103 0.000 111.579 0.000
202106 44.771 111.360 47.334
202109 41.521 109.051 44.828
202112 44.416 112.349 46.546
202203 47.298 113.558 49.038
202206 44.867 113.448 46.563
202209 41.187 113.778 42.620
202212 43.554 114.548 44.766
202303 43.809 115.427 44.685
202306 43.558 115.647 44.345
202309 41.044 116.087 41.627
202312 43.981 117.296 44.146
202403 43.471 117.735 43.471

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


China Mobile  (SGX:K3PD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Mobile was 2.20. The lowest was 1.34. And the median was 1.86.


Be Aware

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


China Mobile Cyclically Adjusted Book per Share Related Terms

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


China Mobile (SGX:K3PD) Business Description

Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.

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