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Green World Hotels Co (ROCO:8077) Cyclically Adjusted Book per Share : NT$58.48 (As of Jun. 2024)


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What is Green World Hotels 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.

Green World Hotels Co's adjusted book value per share for the three months ended in Jun. 2024 was NT$16.431. 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 NT$58.48 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Green World Hotels Co's average Cyclically Adjusted Book Growth Rate was 60.40% 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.

As of today (2024-09-21), Green World Hotels Co's current stock price is NT$52.40. Green World Hotels Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$58.48. Green World Hotels Co's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green World Hotels Co was 122.96. The lowest was 0.85. And the median was 1.34.


Green World Hotels Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Green World Hotels 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.

Green World Hotels Co Cyclically Adjusted Book per Share Chart

Green World Hotels 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 -16.88 -9.46 4.30 25.06 46.91

Green World Hotels Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 36.45 41.86 46.91 52.97 58.48

Competitive Comparison of Green World Hotels Co's Cyclically Adjusted Book per Share

For the Lodging subindustry, Green World Hotels 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.


Green World Hotels Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Green World Hotels Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Green World Hotels Co's Cyclically Adjusted PB Ratio falls into.



Green World Hotels 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, Green World Hotels Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=16.431/132.5538*132.5538
=16.431

Current CPI (Jun. 2024) = 132.5538.

Green World Hotels Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 15.921 100.428 21.014
201412 56.946 99.070 76.193
201503 58.211 99.621 77.454
201506 58.370 100.684 76.846
201509 57.127 100.392 75.429
201512 55.789 99.792 74.104
201603 54.954 100.470 72.503
201606 51.391 101.688 66.990
201609 57.897 101.861 75.343
201612 53.906 101.863 70.148
201703 69.895 102.862 90.070
201706 77.826 103.349 99.818
201709 78.246 104.136 99.599
201712 74.367 104.011 94.775
201803 80.885 105.290 101.830
201806 80.374 106.317 100.209
201809 80.530 106.507 100.224
201812 75.223 105.998 94.069
201903 75.782 107.251 93.661
201906 75.663 108.070 92.805
201909 75.616 108.329 92.525
201912 77.956 108.420 95.309
202003 53.259 108.902 64.826
202006 45.017 108.767 54.862
202009 41.770 109.815 50.419
202012 38.867 109.897 46.880
202103 34.913 111.754 41.411
202106 30.338 114.631 35.081
202109 26.554 115.734 30.413
202112 22.350 117.630 25.186
202203 19.636 121.301 21.458
202206 16.355 125.017 17.341
202209 13.695 125.227 14.496
202212 12.073 125.222 12.780
202303 11.179 127.348 11.636
202306 11.641 128.729 11.987
202309 12.273 129.860 12.528
202312 14.335 129.419 14.682
202403 15.958 131.776 16.052
202406 16.431 132.554 16.431

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


Green World Hotels Co  (ROCO:8077) 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.

Green World Hotels Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.40/58.48
=0.90

* 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 Green World Hotels Co was 122.96. The lowest was 0.85. And the median was 1.34.


Be Aware

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


Green World Hotels Co Cyclically Adjusted Book per Share Related Terms

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


Green World Hotels Co Business Description

Traded in Other Exchanges
N/A
Address
No.69, Section 2, Nanjing East Road, 3rd Floor, Zhongshan District, Taipei, TWN, 104
Green World Hotels Co Ltd is engaged in the business activities of Hotels and Restaurants operations. It provides hotel rooms, catering services, leasing, and business management services to customers. The company derives a majority of the revenue from the provision of hotel room service. Some of its hotels are Green World Grand NanJing, Green World Flora, New World Hotel, Green World Linsen, and others.

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