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BCMXY (Bank of Communications Co) Cyclically Adjusted Book per Share : $27.98 (As of Dec. 2024)


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What is Bank of Communications 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.

Bank of Communications Co's adjusted book value per share for the three months ended in Dec. 2024 was $50.832. 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 $27.98 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Bank of Communications Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Bank of Communications Co was 12.70% per year. The lowest was 8.20% per year. And the median was 11.05% per year.

As of today (2025-03-29), Bank of Communications Co's current stock price is $21.35. Bank of Communications Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $27.98. Bank of Communications Co's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of Communications Co was 2.15. The lowest was 0.48. And the median was 0.73.


Bank of Communications Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank of Communications 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.

Bank of Communications Co Cyclically Adjusted Book per Share Chart

Bank of Communications Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.71 27.67 26.62 27.08 27.98

Bank of Communications Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 27.08 26.40 28.47 23.98 27.98

Competitive Comparison of Bank of Communications Co's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Bank of Communications 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.


Bank of Communications Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Communications Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Communications Co's Cyclically Adjusted PB Ratio falls into.


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Bank of Communications 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, Bank of Communications Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=50.832/114.8925*114.8925
=50.832

Current CPI (Dec. 2024) = 114.8925.

Bank of Communications Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 26.437 99.900 30.405
201506 26.517 99.500 30.619
201509 27.439 100.500 31.369
201512 27.921 100.600 31.888
201603 28.663 102.200 32.223
201606 27.466 101.400 31.121
201609 31.080 102.400 34.872
201612 27.694 102.600 31.012
201703 31.681 103.200 35.270
201706 28.853 103.100 32.153
201709 33.733 104.100 37.230
201712 31.211 104.500 34.315
201803 32.157 105.300 35.086
201806 31.439 104.900 34.434
201809 30.574 106.600 32.952
201812 31.197 106.500 33.655
201903 33.045 107.700 35.252
201906 32.046 107.700 34.186
201909 33.858 109.800 35.428
201912 35.200 111.200 36.369
202003 35.984 112.300 36.815
202006 35.305 110.400 36.742
202009 38.563 111.700 39.665
202012 42.299 111.500 43.586
202103 43.677 112.662 44.542
202106 46.038 111.769 47.324
202109 46.896 112.215 48.015
202112 48.610 113.108 49.377
202203 49.835 114.335 50.078
202206 46.842 114.558 46.979
202209 45.793 115.339 45.616
202212 47.180 115.116 47.089
202303 48.901 115.116 48.806
202306 46.920 114.558 47.057
202309 46.887 115.339 46.706
202312 49.179 114.781 49.227
202403 50.000 115.227 49.855
202406 49.300 114.781 49.348
202409 51.522 115.785 51.125
202412 50.832 114.893 50.832

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


Bank of Communications Co  (OTCPK:BCMXY) 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.

Bank of Communications Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.35/27.98
=0.76

* 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 Bank of Communications Co was 2.15. The lowest was 0.48. And the median was 0.73.


Be Aware

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


Bank of Communications Co Cyclically Adjusted Book per Share Related Terms

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


Bank of Communications Co Business Description

Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.It operates a comprehensive financial services platform that includes corporate finance, personal finance, and money market operations. Bocom is known for its strategic importance in the process of RMB internationalization, particularly with its role as one of the first banks involved in the Cross-Border Interbank Payment System, or CIPS.