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Beijing Ultrapower Software Co (SZSE:300002) Cyclically Adjusted Book per Share : ¥2.59 (As of Mar. 2024)


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What is Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.108. 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 ¥2.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Ultrapower Software Co's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Beijing Ultrapower Software Co was 7.50% per year. The lowest was 2.40% per year. And the median was 3.40% per year.

As of today (2024-05-26), Beijing Ultrapower Software Co's current stock price is ¥8.64. Beijing Ultrapower Software Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.59. Beijing Ultrapower Software Co's Cyclically Adjusted PB Ratio of today is 3.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beijing Ultrapower Software Co was 5.62. The lowest was 1.36. And the median was 2.16.


Beijing Ultrapower Software Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co Cyclically Adjusted Book per Share Chart

Beijing Ultrapower Software 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 2.34 2.37 2.43 2.51 2.56

Beijing Ultrapower Software 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 2.52 2.52 2.55 2.56 2.59

Competitive Comparison of Beijing Ultrapower Software Co's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Beijing Ultrapower Software 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.


Beijing Ultrapower Software Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Ultrapower Software Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Ultrapower Software Co's Cyclically Adjusted PB Ratio falls into.



Beijing Ultrapower Software 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, Beijing Ultrapower Software 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)
=3.108/115.2271*115.2271
=3.108

Current CPI (Mar. 2024) = 115.2271.

Beijing Ultrapower Software Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.231 98.200 2.618
201409 2.305 98.900 2.686
201412 2.435 99.000 2.834
201503 2.451 99.900 2.827
201506 2.416 99.500 2.798
201509 2.331 100.500 2.673
201512 2.480 100.600 2.841
201603 2.495 102.200 2.813
201606 2.523 101.400 2.867
201609 2.531 102.400 2.848
201612 2.567 102.600 2.883
201703 2.576 103.200 2.876
201706 2.585 103.100 2.889
201709 2.532 104.100 2.803
201712 2.624 104.500 2.893
201803 2.599 105.300 2.844
201806 2.559 104.900 2.811
201809 2.551 106.600 2.757
201812 2.631 106.500 2.847
201903 2.599 107.700 2.781
201906 2.545 107.700 2.723
201909 2.513 109.800 2.637
201912 1.826 111.200 1.892
202003 1.806 112.300 1.853
202006 1.842 110.400 1.923
202009 1.901 111.700 1.961
202012 2.002 111.500 2.069
202103 2.045 112.662 2.092
202106 2.083 111.769 2.147
202109 2.122 112.215 2.179
202112 2.206 113.108 2.247
202203 2.257 114.335 2.275
202206 2.308 114.558 2.321
202209 2.399 115.339 2.397
202212 2.465 115.116 2.467
202303 2.569 115.116 2.571
202306 2.670 114.558 2.686
202309 2.757 115.339 2.754
202312 2.939 114.781 2.950
202403 3.108 115.227 3.108

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


Beijing Ultrapower Software Co  (SZSE:300002) 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.

Beijing Ultrapower Software Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.64/2.59
=3.34

* 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 Beijing Ultrapower Software Co was 5.62. The lowest was 1.36. And the median was 2.16.


Be Aware

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


Beijing Ultrapower Software Co Cyclically Adjusted Book per Share Related Terms

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


Beijing Ultrapower Software Co (SZSE:300002) Business Description

Traded in Other Exchanges
N/A
Address
Building 1 on the 13th Academy Building, Beiyuan, Chaoyang District, 22 North Star Taiyue, Beijing, CHN, 100107
Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.
Executives
Wang Ning Director
Hu Jia Ming Directors, Directors, and Executives
Li Li Director
Di Yi Bing Directors, executives
Gao Feng Executives
Huang Song Lang Director
Zhang Qian Shan Directors, executives
Mao Da Wei Directors, executives
Hao Yan Supervisors
Liang De Xing Executives
Zhu Jian Song Executives
Wan Neng Directors, executives
Qi Qiang Director
Xu Peng Executives
Xu Si Ping Director

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