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General Steel Holdings (General Steel Holdings) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2019)


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What is General Steel Holdings 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.

General Steel Holdings's adjusted book value per share for the three months ended in Jun. 2019 was $0.086. 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 $0.00 for the trailing ten years ended in Jun. 2019.

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 (2024-06-16), General Steel Holdings's current stock price is $0.0001. General Steel Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2019 was $0.00. General Steel Holdings's Cyclically Adjusted PB Ratio of today is .


General Steel Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for General Steel Holdings'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.

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General Steel Holdings Cyclically Adjusted Book per Share Chart

General Steel Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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General Steel Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of General Steel Holdings's Cyclically Adjusted Book per Share

For the Steel subindustry, General Steel Holdings'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.


General Steel Holdings's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, General Steel Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where General Steel Holdings's Cyclically Adjusted PB Ratio falls into.



General Steel Holdings 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, General Steel Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2019 was:

Adj_Book= Book Value per Share /CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0.086/107.7000*107.7000
=0.086

Current CPI (Jun. 2019) = 107.7000.

General Steel Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200909 9.755 84.369 12.453
200912 8.537 85.386 10.768
201003 8.574 86.316 10.698
201006 8.540 85.886 10.709
201009 8.729 87.267 10.773
201012 6.378 89.289 7.693
201103 9.448 91.154 11.163
201106 3.611 91.612 4.245
201109 2.444 92.711 2.839
201112 -9.664 92.885 -11.205
201203 -13.163 94.367 -15.023
201206 -15.893 93.495 -18.308
201209 -19.626 94.482 -22.372
201212 -24.084 95.237 -27.236
201303 -23.843 96.372 -26.646
201306 -27.753 95.984 -31.141
201309 -27.460 97.332 -30.385
201312 -27.356 97.624 -30.180
201403 -30.935 98.600 -33.790
201406 -31.965 98.200 -35.057
201409 -32.497 98.900 -35.389
201412 -27.832 99.000 -30.278
201503 -31.502 99.900 -33.962
201506 -78.553 99.500 -85.027
201509 -72.802 100.500 -78.018
201512 -2.418 100.600 -2.589
201603 0.171 102.200 0.180
201606 0.138 101.400 0.147
201609 0.265 102.400 0.279
201612 0.226 102.600 0.237
201703 -0.055 103.200 -0.057
201706 -0.089 103.100 -0.093
201709 -0.125 104.100 -0.129
201712 0.205 104.500 0.211
201803 0.370 105.300 0.378
201806 0.344 104.900 0.353
201809 0.243 106.600 0.246
201812 0.177 106.500 0.179
201903 0.161 107.700 0.161
201906 0.086 107.700 0.086

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


General Steel Holdings  (OTCPK:GSIH) 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.


Be Aware

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


General Steel Holdings Cyclically Adjusted Book per Share Related Terms

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


General Steel Holdings (General Steel Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Phoenix Place, Shuguangxili, Suite 106, Tower H,, Chaoyang District, Beijing, CHN, 100028
General Steel Holdings Inc is a manufacturer of steel products. The company through its subsidiary is operating steel companies serving various industries in the People's Republic of China. Its product includes steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020

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