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Christine International Holdings (HKSE:01210) Cyclically Adjusted Book per Share : HK$0.72 (As of Jun. 2022)


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What is Christine 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.

Christine International Holdings's adjusted book value per share data for the fiscal year that ended in Dec. 2021 was HK$-0.250. 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$0.72 for the trailing ten years ended in Dec. 2021.

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 (2024-06-25), Christine International Holdings's current stock price is HK$ 0.057. Christine International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2021 was HK$0.72. Christine International Holdings's Cyclically Adjusted PB Ratio of today is 0.08.


Christine International Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Christine 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.

Christine International Holdings Cyclically Adjusted Book per Share Chart

Christine International Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.05 0.90 0.72

Christine International Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - 0.90 - 0.72 -

Competitive Comparison of Christine International Holdings's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Christine 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.


Christine International Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Christine International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Christine 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, Christine International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2021 was:

Adj_Book=Book Value per Share /CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=-0.25/113.1077*113.1077
=-0.250

Current CPI (Dec. 2021) = 113.1077.

Christine International Holdings Annual Data

Book Value per Share CPI Adj_Book
201212 1.408 95.237 1.672
201312 1.361 97.624 1.577
201412 1.151 99.000 1.315
201512 0.928 100.600 1.043
201612 0.732 102.600 0.807
201712 0.623 104.500 0.674
201812 0.336 106.500 0.357
201912 0.082 111.200 0.083
202012 -0.042 111.500 -0.043
202112 -0.250 113.108 -0.250

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


Christine International Holdings  (HKSE:01210) 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.

Christine International Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.057/0.72
=0.08

* 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.


Be Aware

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


Christine International Holdings Cyclically Adjusted Book per Share Related Terms

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


Christine International Holdings (HKSE:01210) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Jinshajiang Road, Putuo District, Shanghai, CHN, 200062
Christine International Holdings Ltd is an investment holding company engaged in the operation of a chain of retail bakeries. The company bakes and sells bread, cakes, moon cakes, pastries, and other products. Its bakery products include Pizza Bun, Curry sausage, Bacon Cheese, and others. Geographically, it operates in the People's Republic of China.
Executives
Zhong Guo Zhi Ya Cai Fu Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Wu Li Shan 2201 Interest of corporation controlled by you
Zhong Guo Hua Neng Ji Chu Jian She Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhu Yong Ning 2201 Interest of corporation controlled by you
Oriental Petroleum (yangtze) Limited 2101 Beneficial owner
Zhou Yifeng 2201 Interest of corporation controlled by you
Wang Mingxiang 2201 Interest of corporation controlled by you
Matheson Enterprises Limited 2201 Interest of corporation controlled by you
Wang Hao 2201 Interest of corporation controlled by you
Lucky Creation Group Limited 2201 Interest of corporation controlled by you
Add Fortune Ventures Limited 2101 Beneficial owner
China Huaneng Foundation Construction Investment Limted 2101 Beneficial owner
Zhu Yong Ning 2201 Interest of corporation controlled by you
Lin Yu
Hung Dun-ching 2201 Interest of corporation controlled by you

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