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Longwen Group (Longwen Group) Cyclically Adjusted Book per Share : $0.57 (As of Mar. 2024)


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What is Longwen Group 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.

Longwen Group's adjusted book value per share for the three months ended in Mar. 2024 was $0.002. 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 $0.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Longwen Group's average Cyclically Adjusted Book Growth Rate was 42.50% 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 Longwen Group was 85.40% per year. The lowest was 10.80% per year. And the median was 13.60% per year.

As of today (2024-06-12), Longwen Group's current stock price is $0.2579. Longwen Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.57. Longwen Group's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Longwen Group was 0.52. The lowest was 0.19. And the median was 0.38.


Longwen Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Longwen Group'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.

Longwen Group Cyclically Adjusted Book per Share Chart

Longwen Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -328.40 -1.49 - 0.39 0.50

Longwen Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 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 0.40 0.42 - 0.50 0.57

Competitive Comparison of Longwen Group's Cyclically Adjusted Book per Share

For the Consulting Services subindustry, Longwen Group'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.


Longwen Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Longwen Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Longwen Group 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, Longwen Group'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)
=0.002/115.2271*115.2271
=0.002

Current CPI (Mar. 2024) = 115.2271.

Longwen Group Quarterly Data

Book Value per Share CPI Adj_Book
201203 -0.075 94.367 -0.092
201206 0.118 93.495 0.145
201209 0.032 94.482 0.039
201212 -0.095 95.237 -0.115
201303 0.323 96.372 0.386
201306 7.837 95.984 9.408
201309 9.416 97.332 11.147
201312 -0.166 97.624 -0.196
201403 -0.199 98.600 -0.233
201406 0.581 98.200 0.682
201409 0.532 98.900 0.620
201412 0.142 99.000 0.165
201503 0.071 99.900 0.082
201506 -0.102 99.500 -0.118
201509 -0.087 100.500 -0.100
201512 -0.110 100.600 -0.126
201603 -0.236 102.200 -0.266
201606 -0.275 101.400 -0.312
201609 -0.307 102.400 -0.345
201612 -0.039 102.600 -0.044
201703 -0.087 103.200 -0.097
201706 -0.094 103.100 -0.105
201709 -0.110 104.100 -0.122
201712 -0.157 104.500 -0.173
201803 -0.165 105.300 -0.181
201806 -0.197 104.900 -0.216
201809 -0.212 106.600 -0.229
201812 -0.244 106.500 -0.264
202106 0.000 111.769 0.000
202109 0.000 112.215 0.000
202112 0.000 113.108 0.000
202203 0.000 114.335 0.000
202206 0.000 114.558 0.000
202209 0.005 115.339 0.005
202212 0.004 115.116 0.004
202303 0.002 115.116 0.002
202306 0.002 114.558 0.002
202309 0.000 115.339 0.000
202312 -0.001 114.781 -0.001
202403 0.002 115.227 0.002

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


Longwen Group  (OTCPK:LWLW) 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.

Longwen Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.2579/0.57
=0.45

* 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 Longwen Group was 0.52. The lowest was 0.19. And the median was 0.38.


Be Aware

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


Longwen Group Cyclically Adjusted Book per Share Related Terms

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


Longwen Group (Longwen Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Room 219, No. 25, Caihe Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310002
Longwen Group Corp is engaged in project development and management and to provide consulting services in cultural fields, including antique project promotion and development, traditional magazine project cooperation and development, the marketing and development of audio and visual products, etc.
Executives
Douglas P Martin 10 percent owner 26 KING ST, ST PACOME, QUEBEC CANADA A1 9999999999

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