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Allwin Telecommunication Co (SZSE:002231) Cyclically Adjusted Book per Share : ¥1.66 (As of Mar. 2024)


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What is Allwin Telecommunication Co 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.

Allwin Telecommunication Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥0.912. 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 ¥1.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Allwin Telecommunication Co's average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.80% 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 Allwin Telecommunication Co was 5.40% per year. The lowest was -4.40% per year. And the median was 1.10% per year.

As of today (2024-06-07), Allwin Telecommunication Co's current stock price is ¥3.96. Allwin Telecommunication Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.66. Allwin Telecommunication Co's Cyclically Adjusted PB Ratio of today is 2.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allwin Telecommunication Co was 10.94. The lowest was 2.01. And the median was 3.84.


Allwin Telecommunication Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allwin Telecommunication Co'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.

Allwin Telecommunication Co Cyclically Adjusted Book per Share Chart

Allwin Telecommunication Co 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 1.92 1.92 1.89 1.81 1.68

Allwin Telecommunication 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 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 1.78 1.74 1.72 1.68 1.66

Competitive Comparison of Allwin Telecommunication Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Allwin Telecommunication 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.


Allwin Telecommunication Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Allwin Telecommunication Co's Cyclically Adjusted PB Ratio falls into.



Allwin Telecommunication Co 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, Allwin Telecommunication 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)
=0.912/115.2271*115.2271
=0.912

Current CPI (Mar. 2024) = 115.2271.

Allwin Telecommunication Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.757 98.200 2.062
201409 1.765 98.900 2.056
201412 1.826 99.000 2.125
201503 1.812 99.900 2.090
201506 1.791 99.500 2.074
201509 1.803 100.500 2.067
201512 1.841 100.600 2.109
201603 1.824 102.200 2.056
201606 1.787 101.400 2.031
201609 1.784 102.400 2.007
201612 1.897 102.600 2.130
201703 1.871 103.200 2.089
201706 1.854 103.100 2.072
201709 1.879 104.100 2.080
201712 1.926 104.500 2.124
201803 1.935 105.300 2.117
201806 1.929 104.900 2.119
201809 1.903 106.600 2.057
201812 1.542 106.500 1.668
201903 1.537 107.700 1.644
201906 1.530 107.700 1.637
201909 1.539 109.800 1.615
201912 1.677 111.200 1.738
202003 1.674 112.300 1.718
202006 1.691 110.400 1.765
202009 1.644 111.700 1.696
202012 1.207 111.500 1.247
202103 1.225 112.662 1.253
202106 1.103 111.769 1.137
202109 1.137 112.215 1.168
202112 1.162 113.108 1.184
202203 1.171 114.335 1.180
202206 1.148 114.558 1.155
202209 1.149 115.339 1.148
202212 1.009 115.116 1.010
202303 1.015 115.116 1.016
202306 1.043 114.558 1.049
202309 1.003 115.339 1.002
202312 0.919 114.781 0.923
202403 0.912 115.227 0.912

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


Allwin Telecommunication Co  (SZSE:002231) 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.

Allwin Telecommunication Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.96/1.66
=2.39

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allwin Telecommunication Co was 10.94. The lowest was 2.01. And the median was 3.84.


Be Aware

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


Allwin Telecommunication Co Cyclically Adjusted Book per Share Related Terms

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


Allwin Telecommunication Co (SZSE:002231) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Gaoge Road, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Allwin Telecommunication Co Ltd operates in telecommunication equipment manufacturing industry. The company provides operators with mobile communication network optimization coverage equipments and systems which include program design and related products. The products of the company include digital fiber distribution systems, power points, and combiners.
Executives
Chen Su Xian Supervisors
Du Fang Directors, executives
Wang Chong Mei Director
Du An Shun Supervisors
Hu Ying Directors, directors, executives, representatives
Bi Lian Fu Director

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