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Do-Fluoride New Materials Co (SZSE:002407) Cyclically Adjusted Book per Share : ¥3.94 (As of Mar. 2024)


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What is Do-Fluoride New Materials 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.

Do-Fluoride New Materials Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥7.759. 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 ¥3.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Do-Fluoride New Materials Co's average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Do-Fluoride New Materials Co was 11.70% per year. The lowest was 8.50% per year. And the median was 8.90% per year.

As of today (2024-06-06), Do-Fluoride New Materials Co's current stock price is ¥13.00. Do-Fluoride New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.94. Do-Fluoride New Materials Co's Cyclically Adjusted PB Ratio of today is 3.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Do-Fluoride New Materials Co was 15.49. The lowest was 2.79. And the median was 4.75.


Do-Fluoride New Materials Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Do-Fluoride New Materials 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.

Do-Fluoride New Materials Co Cyclically Adjusted Book per Share Chart

Do-Fluoride New Materials 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 2.60 2.72 2.94 3.36 3.79

Do-Fluoride New Materials 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 3.45 3.52 3.67 3.79 3.94

Competitive Comparison of Do-Fluoride New Materials Co's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Do-Fluoride New Materials 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.


Do-Fluoride New Materials Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Do-Fluoride New Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Do-Fluoride New Materials Co's Cyclically Adjusted PB Ratio falls into.



Do-Fluoride New Materials 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, Do-Fluoride New Materials 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)
=7.759/115.2271*115.2271
=7.759

Current CPI (Mar. 2024) = 115.2271.

Do-Fluoride New Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.832 98.200 2.150
201409 1.841 98.900 2.145
201412 1.845 99.000 2.147
201503 1.787 99.900 2.061
201506 1.780 99.500 2.061
201509 1.668 100.500 1.912
201512 2.360 100.600 2.703
201603 2.495 102.200 2.813
201606 2.653 101.400 3.015
201609 2.806 102.400 3.157
201612 2.967 102.600 3.332
201703 3.046 103.200 3.401
201706 3.061 103.100 3.421
201709 3.037 104.100 3.362
201712 3.117 104.500 3.437
201803 3.216 105.300 3.519
201806 3.174 104.900 3.486
201809 3.657 106.600 3.953
201812 3.525 106.500 3.814
201903 3.666 107.700 3.922
201906 3.709 107.700 3.968
201909 3.581 109.800 3.758
201912 3.087 111.200 3.199
202003 2.993 112.300 3.071
202006 3.001 110.400 3.132
202009 2.961 111.700 3.054
202012 3.032 111.500 3.133
202103 3.101 112.662 3.172
202106 4.091 111.769 4.218
202109 4.234 112.215 4.348
202112 4.734 113.108 4.823
202203 5.431 114.335 5.473
202206 5.849 114.558 5.883
202209 6.192 115.339 6.186
202212 6.051 115.116 6.057
202303 5.990 115.116 5.996
202306 5.724 114.558 5.757
202309 7.013 115.339 7.006
202312 7.803 114.781 7.833
202403 7.759 115.227 7.759

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


Do-Fluoride New Materials Co  (SZSE:002407) 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.

Do-Fluoride New Materials Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.00/3.94
=3.30

* 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 Do-Fluoride New Materials Co was 15.49. The lowest was 2.79. And the median was 4.75.


Be Aware

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


Do-Fluoride New Materials Co Cyclically Adjusted Book per Share Related Terms

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Do-Fluoride New Materials Co (SZSE:002407) Business Description

Traded in Other Exchanges
N/A
Address
Jiake Road, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191
Do-Fluoride New Materials Co Ltd, formerly Do-Fluoride Chemicals Co Ltd is engaged in the research, production, and sale of fluoride products in China. The company's products are used in the aeronautics and astronautics, electronics, and agriculture industries.
Executives
Li Yun Feng Directors, executives
Li Ling Yun Director
Li Shi Jiang Director
Han Shi Jun Directors, executives
Wang Yi Hao Supervisors
Zhao Yong Feng Executives
Hao Jian Tang Executives
Chen Xiang Ju Supervisors
Li Juan Supervisors
Yang Hua Chun Executives
Yuan Qiu Yu Securities Affairs Representative
Cheng Li Jing Executives
Xu Sui Jun Supervisors
Zhao Shuang Cheng Supervisors
Chen Yan Director

Do-Fluoride New Materials Co (SZSE:002407) Headlines

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