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China South City Holdings (HKSE:01668) Cyclically Adjusted Book per Share : HK$4.16 (As of Jun. 2024)


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What is China South City 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.

China South City Holdings's adjusted book value per share data for the fiscal year that ended in Mar. 2022 was HK$5.570. 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$4.16 for the trailing ten years ended in Mar. 2022.

During the past 12 months, China South City Holdings's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 China South City Holdings was 14.10% per year. The lowest was 9.40% per year. And the median was 11.85% per year.

As of today (2024-12-11), China South City Holdings's current stock price is HK$ 0.203. China South City Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2022 was HK$4.16. China South City Holdings's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China South City Holdings was 0.96. The lowest was 0.03. And the median was 0.24.


China South City Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for China South City 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.

China South City Holdings Cyclically Adjusted Book per Share Chart

China South City Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 3.18 3.50 3.80 4.16

China South City Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24
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 4.16 - 4.29 - -

Competitive Comparison of China South City Holdings's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, China South City 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.


China South City Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China South City Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China South City Holdings's Cyclically Adjusted PB Ratio falls into.



China South City 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, China South City Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2022 was:

Adj_Book=Book Value per Share /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=5.57/113.5581*113.5581
=5.570

Current CPI (Mar. 2022) = 113.5581.

China South City Holdings Annual Data

Book Value per Share CPI Adj_Book
201303 2.534 92.122 3.124
201403 2.798 95.749 3.318
201503 3.008 99.927 3.418
201603 3.167 102.785 3.499
201703 3.420 103.335 3.758
201803 4.378 105.973 4.691
201903 4.434 108.172 4.655
202003 4.297 110.920 4.399
202103 5.101 111.579 5.191
202203 5.570 113.558 5.570

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


China South City Holdings  (HKSE:01668) 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.

China South City Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.203/4.16
=0.05

* 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 China South City Holdings was 0.96. The lowest was 0.03. And the median was 0.24.


Be Aware

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


China South City Holdings Cyclically Adjusted Book per Share Related Terms

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


China South City Holdings Business Description

Traded in Other Exchanges
Address
The Gateway, 15 Canton Road, Suite 3306-08, 33rd Floor, Tower 5, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
China South City Holdings Ltd develops and operates large-scale integrated logistics and trade centers in China. It operates in three segments that include property development, property investment and management, and others. The majority of the revenue is generated from the property development segments that include the development of integrated logistics and trade centers and residential and commercial ancillary facilities. The majority of its operations are conducted in the People's Republic of China.
Executives
Cheng Tai Po 2101 Beneficial owner
Accurate Gain Developments Limited 2101 Beneficial owner
Tencent Holdings Limited
Proficient Success Limited 2101 Beneficial owner
Cheng Chung Hing 2201 Interest of corporation controlled by you
Shen Zhen Shi Te Qu Jian She Fa Zhan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Te Qu Jian She Fa Zhan Guo Ji Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you
Te Qu Jian She Fa Zhan Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

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