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JEXYF (Jiangsu Expressway Co) Cyclically Adjusted Book per Share : $0.41 (As of Mar. 2025)


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What is Jiangsu Expressway 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.

Jiangsu Expressway Co's adjusted book value per share for the three months ended in Mar. 2025 was $1.085. 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 $0.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Jiangsu Expressway Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Jiangsu Expressway Co was 5.20% per year. The lowest was 2.10% per year. And the median was 4.00% per year.

As of today (2025-05-19), Jiangsu Expressway Co's current stock price is $1.225. Jiangsu Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.41. Jiangsu Expressway Co's Cyclically Adjusted PB Ratio of today is 2.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jiangsu Expressway Co was 2.71. The lowest was 1.37. And the median was 2.16.


Jiangsu Expressway Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co Cyclically Adjusted Book per Share Chart

Jiangsu Expressway Co 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 0.55 0.57 0.55 0.50 0.43

Jiangsu Expressway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.53 0.44 0.37 0.43 0.41

Competitive Comparison of Jiangsu Expressway Co's Cyclically Adjusted Book per Share

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Expressway Co's Cyclically Adjusted PB Ratio falls into.


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Jiangsu Expressway 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, Jiangsu Expressway Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.085/115.1156*115.1156
=1.085

Current CPI (Mar. 2025) = 115.1156.

Jiangsu Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.631 99.500 0.730
201509 0.635 100.500 0.727
201512 0.630 100.600 0.721
201603 0.648 102.200 0.730
201606 0.603 101.400 0.685
201609 0.644 102.400 0.724
201612 0.637 102.600 0.715
201703 0.664 103.200 0.741
201706 0.641 103.100 0.716
201709 0.694 104.100 0.767
201712 0.708 104.500 0.780
201803 0.811 105.300 0.887
201806 0.765 104.900 0.839
201809 0.751 106.600 0.811
201812 0.754 106.500 0.815
201903 0.824 107.700 0.881
201906 0.766 107.700 0.819
201909 0.772 109.800 0.809
201912 0.808 111.200 0.836
202003 0.787 112.300 0.807
202006 0.727 110.400 0.758
202009 0.806 111.700 0.831
202012 0.856 111.500 0.884
202103 0.915 112.662 0.935
202106 0.911 111.769 0.938
202109 0.922 112.215 0.946
202112 0.999 113.108 1.017
202203 0.991 114.335 0.998
202206 0.901 114.558 0.905
202209 0.887 115.339 0.885
202212 0.909 115.116 0.909
202303 0.954 115.116 0.954
202306 0.893 114.558 0.897
202309 0.920 115.339 0.918
202312 0.945 114.781 0.948
202403 0.990 115.227 0.989
202406 0.954 114.781 0.957
202409 1.032 115.785 1.026
202412 1.052 114.893 1.054
202503 1.085 115.116 1.085

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


Jiangsu Expressway Co  (OTCPK:JEXYF) 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.

Jiangsu Expressway Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.225/0.41
=2.99

* 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 Jiangsu Expressway Co was 2.71. The lowest was 1.37. And the median was 2.16.


Be Aware

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


Jiangsu Expressway Co Cyclically Adjusted Book per Share Related Terms

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


Jiangsu Expressway Co Business Description

Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

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