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Wheelock and Co (HKSE:00020) Cyclically Adjusted Book per Share : HK$0.00 (As of Dec. 2019)


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What is Wheelock and 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.

Wheelock and Co's adjusted book value per share data for the fiscal year that ended in Dec. 2019 was HK$130.807. 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 HK$0.00 for the trailing ten years ended in Dec. 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 (2024-04-30), Wheelock and Co's current stock price is HK$ 6.92. Wheelock and Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2019 was HK$0.00. Wheelock and Co's Cyclically Adjusted PB Ratio of today is .


Wheelock and Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wheelock and 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.

Wheelock and Co Cyclically Adjusted Book per Share Chart

Wheelock and Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Book per Share
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Wheelock and Co Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Wheelock and Co's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Wheelock and 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.


Wheelock and Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wheelock and Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wheelock and 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, Wheelock and Co's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2019 was:

Adj_Book=Book Value per Share /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=130.807/110.6999*110.6999
=130.807

Current CPI (Dec. 2019) = 110.6999.

Wheelock and Co Annual Data

Book Value per Share CPI Adj_Book
201012 49.396 83.217 65.709
201112 60.316 87.944 75.923
201212 74.823 91.132 90.889
201312 81.985 95.090 95.444
201412 94.104 99.707 104.479
201512 99.253 102.015 107.702
201612 105.846 103.225 113.511
201712 118.371 104.984 124.816
201812 122.599 107.622 126.105
201912 130.807 110.700 130.807

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


Wheelock and Co  (HKSE:00020) 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.


Wheelock and Co Cyclically Adjusted Book per Share Related Terms

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


Wheelock and Co (HKSE:00020) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Pedder Street, 23rd Floor, Wheelock House, Hong Kong, HKG
Wheelock and Co Ltd is an investment holding company. The company through its subsidiaries operates through four segments namely Investment property, Development property, Hotels, and Logistics. It manages its diversified businesses according to the nature of services and products provided. The business of the group is functioned through the region of Hong Kong, Mainland China, and Singapore and it derives most of the revenue from Hong Kong as well as from the development segment.

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