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Singularity Future Technology (FRA:4GS) Cyclically Adjusted Book per Share : €42.44 (As of Mar. 2024)


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What is Singularity Future Technology 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.

Singularity Future Technology's adjusted book value per share for the three months ended in Mar. 2024 was €4.441. 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 €42.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Singularity Future Technology's average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.20% 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 Singularity Future Technology was 0.20% per year. The lowest was -8.30% per year. And the median was -6.30% per year.

As of today (2024-05-25), Singularity Future Technology's current stock price is €3.067. Singularity Future Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €42.44. Singularity Future Technology's Cyclically Adjusted PB Ratio of today is 0.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Singularity Future Technology was 2.29. The lowest was 0.03. And the median was 0.38.


Singularity Future Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Singularity Future Technology'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.

Singularity Future Technology Cyclically Adjusted Book per Share Chart

Singularity Future Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.40 85.19 71.07 77.54 60.73

Singularity Future Technology 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 72.47 60.73 68.40 57.51 42.44

Competitive Comparison of Singularity Future Technology's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Singularity Future Technology'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.


Singularity Future Technology's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Singularity Future Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Singularity Future Technology's Cyclically Adjusted PB Ratio falls into.



Singularity Future Technology 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, Singularity Future Technology'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)
=4.441/131.7762*131.7762
=4.441

Current CPI (Mar. 2024) = 131.7762.

Singularity Future Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 66.164 100.560 86.703
201409 70.505 100.428 92.513
201412 74.512 99.070 99.111
201503 87.833 99.621 116.183
201506 82.671 100.684 108.201
201509 81.597 100.392 107.106
201512 74.185 99.792 97.962
201603 63.012 100.470 82.646
201606 61.391 101.688 79.556
201609 64.906 101.861 83.968
201612 73.293 101.863 94.817
201703 87.246 102.862 111.770
201706 85.859 103.349 109.475
201709 84.202 104.136 106.552
201712 85.166 104.011 107.901
201803 79.156 105.290 99.069
201806 79.577 106.317 98.633
201809 73.574 106.507 91.030
201812 67.171 105.998 83.507
201903 64.607 107.251 79.381
201906 57.220 108.070 69.772
201909 50.969 108.329 62.001
201912 51.112 108.420 62.123
202003 40.782 108.902 49.348
202006 14.766 108.767 17.890
202009 21.875 109.815 26.250
202012 13.988 109.897 16.773
202103 31.113 111.754 36.687
202106 27.337 114.631 31.426
202109 28.499 115.734 32.449
202112 25.049 117.630 28.062
202203 16.357 121.301 17.770
202206 15.280 125.017 16.106
202209 15.095 125.227 15.885
202212 12.557 125.222 13.214
202303 6.796 127.348 7.032
202306 5.892 128.729 6.031
202309 4.822 129.860 4.893
202312 4.112 129.419 4.187
202403 4.441 131.776 4.441

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


Singularity Future Technology  (FRA:4GS) 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.

Singularity Future Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.067/42.44
=0.07

* 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 Singularity Future Technology was 2.29. The lowest was 0.03. And the median was 0.38.


Be Aware

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


Singularity Future Technology Cyclically Adjusted Book per Share Related Terms

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


Singularity Future Technology (FRA:4GS) Business Description

Traded in Other Exchanges
Address
98 Cutter Mill Road, Suite 311, Great Neck, NY, USA, 11021
Singularity Future Technology Ltd is an investment holding company. The company's operating segment includes Freight Logistics Services and Sale of Crypto-mining Machines. It generates maximum revenue from the Freight Logistics Services segment. Geographically, it derives a majority of its revenue from China.

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