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Yankuang Energy Group Co (HKSE:01171) Cyclically Adjusted Book per Share : HK$5.92 (As of Mar. 2024)


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What is Yankuang Energy Group 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.

Yankuang Energy Group Co's adjusted book value per share for the three months ended in Mar. 2024 was HK$11.554. 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$5.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yankuang Energy Group Co's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Yankuang Energy Group Co was 17.40% per year. The lowest was 4.80% per year. And the median was 8.30% per year.

As of today (2024-06-01), Yankuang Energy Group Co's current stock price is HK$19.52. Yankuang Energy Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was HK$5.92. Yankuang Energy Group Co's Cyclically Adjusted PB Ratio of today is 3.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yankuang Energy Group Co was 4.64. The lowest was 0.77. And the median was 1.48.


Yankuang Energy Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yankuang Energy Group 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.

Yankuang Energy Group Co Cyclically Adjusted Book per Share Chart

Yankuang Energy Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.64 4.50 4.96 5.69 6.31

Yankuang Energy Group Co 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 6.46 6.21 6.12 6.31 5.92

Competitive Comparison of Yankuang Energy Group Co's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, Yankuang Energy Group 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.


Yankuang Energy Group Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yankuang Energy Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yankuang Energy Group Co's Cyclically Adjusted PB Ratio falls into.



Yankuang Energy Group 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, Yankuang Energy Group Co'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)
=11.554/115.2271*115.2271
=11.554

Current CPI (Mar. 2024) = 115.2271.

Yankuang Energy Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.943 98.200 8.147
201409 6.934 98.900 8.079
201412 6.697 99.000 7.795
201503 6.375 99.900 7.353
201506 6.990 99.500 8.095
201509 6.288 100.500 7.209
201512 6.485 100.600 7.428
201603 6.712 102.200 7.568
201606 6.497 101.400 7.383
201609 6.630 102.400 7.461
201612 6.553 102.600 7.359
201703 6.985 103.200 7.799
201706 7.869 103.100 8.795
201709 8.680 104.100 9.608
201712 8.842 104.500 9.750
201803 10.296 105.300 11.267
201806 9.452 104.900 10.383
201809 9.228 106.600 9.975
201812 9.403 106.500 10.174
201903 10.077 107.700 10.781
201906 9.946 107.700 10.641
201909 9.942 109.800 10.433
201912 11.307 111.200 11.716
202003 9.355 112.300 9.599
202006 9.838 110.400 10.268
202009 9.590 111.700 9.893
202012 8.800 111.500 9.094
202103 8.404 112.662 8.595
202106 9.174 111.769 9.458
202109 10.097 112.215 10.368
202112 11.420 113.108 11.634
202203 12.630 114.335 12.729
202206 12.995 114.558 13.071
202209 13.708 115.339 13.695
202212 15.021 115.116 15.036
202303 15.376 115.116 15.391
202306 12.171 114.558 12.242
202309 9.190 115.339 9.181
202312 10.688 114.781 10.730
202403 11.554 115.227 11.554

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


Yankuang Energy Group Co  (HKSE:01171) 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.

Yankuang Energy Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.52/5.92
=3.30

* 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 Yankuang Energy Group Co was 4.64. The lowest was 0.77. And the median was 1.48.


Be Aware

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


Yankuang Energy Group Co Cyclically Adjusted Book per Share Related Terms

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


Yankuang Energy Group Co (HKSE:01171) Business Description

Traded in Other Exchanges
Address
949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500
Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.
Executives
Shan Dong Neng Yuan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Yan Kuang Ji Tuan You Xian Gong Si 2101 Beneficial owner

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