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Nuode New Materials Co (SHSE:600110) Cyclically Adjusted Book per Share : ¥2.35 (As of Mar. 2024)


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What is Nuode New Materials 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.

Nuode New Materials Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.418. 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 ¥2.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nuode New Materials Co's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Nuode New Materials Co was 14.90% per year. The lowest was 2.60% per year. And the median was 5.80% per year.

As of today (2024-06-25), Nuode New Materials Co's current stock price is ¥3.03. Nuode New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.35. Nuode New Materials Co's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nuode New Materials Co was 12.07. The lowest was 1.33. And the median was 4.20.


Nuode New Materials Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nuode New Materials 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.

Nuode New Materials Co Cyclically Adjusted Book per Share Chart

Nuode New Materials 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 1.91 1.90 1.97 2.16 2.31

Nuode New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 2.20 2.23 2.28 2.31 2.35

Competitive Comparison of Nuode New Materials Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Nuode New Materials 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.


Nuode New Materials Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nuode New Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nuode New Materials Co's Cyclically Adjusted PB Ratio falls into.



Nuode New Materials 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, Nuode New Materials Co'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)
=3.418/115.2271*115.2271
=3.418

Current CPI (Mar. 2024) = 115.2271.

Nuode New Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.735 98.200 2.036
201409 1.704 98.900 1.985
201412 1.518 99.000 1.767
201503 1.565 99.900 1.805
201506 1.578 99.500 1.827
201509 0.974 100.500 1.117
201512 1.743 100.600 1.996
201603 1.604 102.200 1.808
201606 1.612 101.400 1.832
201609 1.618 102.400 1.821
201612 1.629 102.600 1.829
201703 1.661 103.200 1.855
201706 1.727 103.100 1.930
201709 1.766 104.100 1.955
201712 1.797 104.500 1.981
201803 1.818 105.300 1.989
201806 1.787 104.900 1.963
201809 1.811 106.600 1.958
201812 1.856 106.500 2.008
201903 1.883 107.700 2.015
201906 1.894 107.700 2.026
201909 1.915 109.800 2.010
201912 1.754 111.200 1.818
202003 1.748 112.300 1.794
202006 1.741 110.400 1.817
202009 1.430 111.700 1.475
202012 2.442 111.500 2.524
202103 2.491 112.662 2.548
202106 2.587 111.769 2.667
202109 2.683 112.215 2.755
202112 2.748 113.108 2.799
202203 3.594 114.335 3.622
202206 3.588 114.558 3.609
202209 3.652 115.339 3.648
202212 3.594 115.116 3.597
202303 3.642 115.116 3.646
202306 3.661 114.558 3.682
202309 3.566 115.339 3.563
202312 3.502 114.781 3.516
202403 3.418 115.227 3.418

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


Nuode New Materials Co  (SHSE:600110) 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.

Nuode New Materials Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.03/2.35
=1.29

* 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 Nuode New Materials Co was 12.07. The lowest was 1.33. And the median was 4.20.


Be Aware

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


Nuode New Materials Co Cyclically Adjusted Book per Share Related Terms

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


Nuode New Materials Co (SHSE:600110) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Shazui Road, 16th Floor, Block A, LVGEM Hongshuwan No. 1, Futian District, Shenzhen, CHN, 518000
Nuode New Materials Co Ltd through its subsidiaries mainly engaged in the research and development, production and sales of electrolytic copper foil.
Executives
Chen Si Cheng senior management
Li Xiao Hong Supervisors

Nuode New Materials Co (SHSE:600110) Headlines

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