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COL Group Co (SZSE:300364) Cyclically Adjusted Book per Share : ¥2.32 (As of Mar. 2024)


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What is COL Group 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.

COL Group Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥1.616. 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 ¥2.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, COL Group Co's average Cyclically Adjusted Book Growth Rate was 0.90% 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.

As of today (2024-05-23), COL Group Co's current stock price is ¥22.28. COL Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.32. COL Group Co's Cyclically Adjusted PB Ratio of today is 9.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COL Group Co was 14.72. The lowest was 4.12. And the median was 8.83.


COL Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for COL Group 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.

COL Group Co Cyclically Adjusted Book per Share Chart

COL Group 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 - - - 2.27 2.32

COL Group 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 2.30 2.31 2.31 2.32 2.32

Competitive Comparison of COL Group Co's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, COL Group 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.


COL Group Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, COL Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



COL Group 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, COL Group 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)
=1.616/115.2271*115.2271
=1.616

Current CPI (Mar. 2024) = 115.2271.

COL Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.588 98.200 0.690
201409 0.594 98.900 0.692
201412 0.674 99.000 0.784
201503 0.761 99.900 0.878
201506 0.782 99.500 0.906
201509 0.789 100.500 0.905
201512 0.859 100.600 0.984
201603 0.823 102.200 0.928
201606 1.021 101.400 1.160
201609 3.636 102.400 4.091
201612 3.561 102.600 3.999
201703 3.561 103.200 3.976
201706 3.610 103.100 4.035
201709 3.662 104.100 4.053
201712 3.743 104.500 4.127
201803 3.399 105.300 3.719
201806 4.816 104.900 5.290
201809 4.830 106.600 5.221
201812 2.823 106.500 3.054
201903 2.745 107.700 2.937
201906 2.656 107.700 2.842
201909 2.600 109.800 2.729
201912 1.947 111.200 2.018
202003 1.953 112.300 2.004
202006 1.984 110.400 2.071
202009 2.005 111.700 2.068
202012 1.999 111.500 2.066
202103 1.969 112.662 2.014
202106 2.044 111.769 2.107
202109 2.090 112.215 2.146
202112 2.149 113.108 2.189
202203 2.131 114.335 2.148
202206 2.115 114.558 2.127
202209 2.059 115.339 2.057
202212 1.568 115.116 1.570
202303 1.529 115.116 1.530
202306 1.555 114.558 1.564
202309 1.612 115.339 1.610
202312 1.706 114.781 1.713
202403 1.616 115.227 1.616

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


COL Group Co  (SZSE:300364) 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.

COL Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.28/2.32
=9.60

* 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 COL Group Co was 14.72. The lowest was 4.12. And the median was 8.83.


Be Aware

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


COL Group Co Cyclically Adjusted Book per Share Related Terms

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


COL Group Co (SZSE:300364) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 28 Andingmen East Street, No. 608, 6th Floor, Building 2, Dongcheng District, Beijing, CHN, 100007
COL Group Co Ltd is a digital content provider in China. It has presented two development strategies Literature+ and Education+. The company has over 70 million users of its own and over 600 million cooperation users. Its one of the project includes Digital Library in Primary and Secondary Schools which covers more than 50000 primary and secondary schools and around 2000 colleges and university.

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