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CT Vision SL (International) Holdings (HKSE:00994) Cyclically Adjusted Book per Share : HK$0.35 (As of Dec. 2024)


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What is CT Vision SL (International) 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.

CT Vision SL (International) Holdings's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was HK$0.124. 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$0.35 for the trailing ten years ended in Dec. 2024.

During the past 12 months, CT Vision SL (International) Holdings's average Cyclically Adjusted Book Growth Rate was -5.40% 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.

As of today (2025-07-23), CT Vision SL (International) Holdings's current stock price is HK$ 0.212. CT Vision SL (International) Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was HK$0.35. CT Vision SL (International) Holdings's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of CT Vision SL (International) Holdings was 1.07. The lowest was 0.28. And the median was 0.52.


CT Vision SL (International) Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for CT Vision SL (International) 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.

* Premium members only.

CT Vision SL (International) Holdings Cyclically Adjusted Book per Share Chart

CT Vision SL (International) Holdings 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 - - - 0.37 0.35

CT Vision SL (International) Holdings Semi-Annual Data
Dec14 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 - - 0.37 - 0.35

Competitive Comparison of CT Vision SL (International) Holdings's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, CT Vision SL (International) 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.


CT Vision SL (International) Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, CT Vision SL (International) Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CT Vision SL (International) Holdings's Cyclically Adjusted PB Ratio falls into.


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CT Vision SL (International) 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, CT Vision SL (International) Holdings'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)
=0.124/118.9447*118.9447
=0.124

Current CPI (Dec. 2024) = 118.9447.

CT Vision SL (International) Holdings Annual Data

Book Value per Share CPI Adj_Book
201512 0.444 102.015 0.518
201612 0.246 103.225 0.283
201712 0.468 104.984 0.530
201812 0.560 107.622 0.619
201912 0.383 110.700 0.412
202012 0.389 109.711 0.422
202112 0.261 112.349 0.276
202212 0.133 114.548 0.138
202312 0.131 117.296 0.133
202412 0.124 118.945 0.124

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


CT Vision SL (International) Holdings  (HKSE:00994) 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.

CT Vision SL (International) Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.212/0.35
=0.61

* 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 11 years, the highest Cyclically Adjusted PB Ratio of CT Vision SL (International) Holdings was 1.07. The lowest was 0.28. And the median was 0.52.


Be Aware

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


CT Vision SL (International) Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of CT Vision SL (International) Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CT Vision SL (International) Holdings Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room No. 808-814, 8th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
CT Vision SL (International) Holdings Ltd is an investment holding company. The company's operating segments are Renewable Energy Business, E-commerce Business, and others. The company generates a majority of its revenue from the Renewable Energy business which provides construction services for renewable energy systems and represents rental income from the lease of solar power systems in the People's Republic of China. Geographically, the company derives maximum revenue from PRC.
Executives
Lin Zhiling 2201 Interest of corporation controlled by you
Ct Vision Investment Limited 2101 Beneficial owner
Condover Assets Limited 2101 Beneficial owner
Daswani Sheba Kishinchand 2202 Interest of your spouse
Kan Hou Sek Jim 2201 Interest of corporation controlled by you
Lee Sai Man 2201 Interest of corporation controlled by you
Poon Man Yee 2202 Interest of your spouse
Ho Lai Kuen 2202 Interest of your spouse
Wong Siu Kwai 2201 Interest of corporation controlled by you
Daswani Sheba Kishinchand 2202 Interest of your spouse
Bc Financial Group Limited 2201 Interest of corporation controlled by you
Forwin Credit Limited 2106 Person having a security interest in shares
Forwin Holding Limited 2201 Interest of corporation controlled by you
Bian Ce 2201 Interest of corporation controlled by you
Guo Min 2201 Interest of corporation controlled by you

CT Vision SL (International) Holdings Headlines

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