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Tianli Holdings Group (HKSE:00117) Cyclically Adjusted Book per Share : HK$1.27 (As of Dec. 2024)


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What is Tianli Holdings Group 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.

Tianli Holdings Group's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was HK$0.742. 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$1.27 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tianli Holdings Group's average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.10% 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 Tianli Holdings Group was 7.90% per year. The lowest was -1.30% per year. And the median was 1.30% per year.

As of today (2025-06-01), Tianli Holdings Group's current stock price is HK$ 0.25. Tianli Holdings Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was HK$1.27. Tianli Holdings Group's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tianli Holdings Group was 3.40. The lowest was 0.11. And the median was 0.46.


Tianli Holdings Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tianli Holdings Group'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.

Tianli Holdings Group Cyclically Adjusted Book per Share Chart

Tianli Holdings Group 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 1.28 1.32 1.33 1.31 1.27

Tianli Holdings Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 1.33 - 1.31 - 1.27

Competitive Comparison of Tianli Holdings Group's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Tianli Holdings Group'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.


Tianli Holdings Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tianli Holdings Group 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, Tianli Holdings Group's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.742/118.9447*118.9447
=0.742

Current CPI (Dec. 2024) = 118.9447.

Tianli Holdings Group Annual Data

Book Value per Share CPI Adj_Book
201512 0.932 102.015 1.087
201612 0.738 103.225 0.850
201712 1.324 104.984 1.500
201812 1.505 107.622 1.663
201912 1.297 110.700 1.394
202012 1.386 109.711 1.503
202112 1.544 112.349 1.635
202212 1.329 114.548 1.380
202312 0.981 117.296 0.995
202412 0.742 118.945 0.742

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


Tianli Holdings Group  (HKSE:00117) 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.

Tianli Holdings Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.25/1.27
=0.20

* 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 Tianli Holdings Group was 3.40. The lowest was 0.11. And the median was 0.46.


Be Aware

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


Tianli Holdings Group Cyclically Adjusted Book per Share Related Terms

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


Tianli Holdings Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG
Tianli Holdings Group Ltd is engaged in manufacturing and sale of Multi-layer Ceramic Capacitors (MLCC) and investment and financial services. The company's segments include MLCC: manufacturing and sale of MLCC; and Investment and financial services; including but not limited to direct investments in debt, equity and/or any other asset; asset management; provision of financial advisory services; and financial technologies. Geographically, its operations are spread across Mainland China, Hong Kong, and Other Countries.
Executives
Cosmic Riches Investments Limited 2101 Beneficial owner
Du Weilin 2201 Interest of corporation controlled by you
Du Weilin 2201 Interest of corporation controlled by you
Cosmic Riches Investments Limited 2101 Beneficial owner
Dong Jufeng 2201 Interest of corporation controlled by you
Jia Tianjiang 2201 Interest of corporation controlled by you
Ningxia Tianyuan Manganese Industry Group Co., Ltd. 2201 Interest of corporation controlled by you

Tianli Holdings Group Headlines

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