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Lucky Film Co (SHSE:600135) Cyclically Adjusted Book per Share : ¥4.72 (As of Mar. 2024)


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What is Lucky Film 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.

Lucky Film Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.473. 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 ¥4.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lucky Film Co's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Lucky Film Co was 6.50% per year. The lowest was 1.30% per year. And the median was 4.50% per year.

As of today (2024-06-20), Lucky Film Co's current stock price is ¥5.03. Lucky Film Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.72. Lucky Film Co's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lucky Film Co was 9.64. The lowest was 1.09. And the median was 2.03.


Lucky Film Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lucky Film 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.

Lucky Film Co Cyclically Adjusted Book per Share Chart

Lucky Film 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 4.03 4.14 4.32 4.55 4.67

Lucky Film 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 4.58 4.60 4.67 4.67 4.72

Competitive Comparison of Lucky Film Co's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Lucky Film 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.


Lucky Film Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lucky Film Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lucky Film 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, Lucky Film 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)
=4.473/115.2271*115.2271
=4.473

Current CPI (Mar. 2024) = 115.2271.

Lucky Film Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.884 98.200 3.384
201409 2.893 98.900 3.371
201412 2.902 99.000 3.378
201503 2.664 99.900 3.073
201506 4.247 99.500 4.918
201509 4.304 100.500 4.935
201512 4.319 100.600 4.947
201603 4.358 102.200 4.914
201606 4.368 101.400 4.964
201609 4.400 102.400 4.951
201612 4.399 102.600 4.940
201703 4.470 103.200 4.991
201706 4.498 103.100 5.027
201709 4.551 104.100 5.037
201712 4.524 104.500 4.988
201803 4.571 105.300 5.002
201806 4.545 104.900 4.992
201809 4.546 106.600 4.914
201812 5.618 106.500 6.078
201903 4.549 107.700 4.867
201906 4.531 107.700 4.848
201909 4.065 109.800 4.266
201912 4.420 111.200 4.580
202003 4.601 112.300 4.721
202006 4.594 110.400 4.795
202009 4.606 111.700 4.751
202012 4.640 111.500 4.795
202103 4.669 112.662 4.775
202106 4.695 111.769 4.840
202109 4.717 112.215 4.844
202112 4.725 113.108 4.814
202203 4.741 114.335 4.778
202206 4.746 114.558 4.774
202209 4.757 115.339 4.752
202212 5.206 115.116 5.211
202303 4.831 115.116 4.836
202306 4.819 114.558 4.847
202309 4.814 115.339 4.809
202312 4.508 114.781 4.526
202403 4.473 115.227 4.473

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


Lucky Film Co  (SHSE:600135) 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.

Lucky Film Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.03/4.72
=1.07

* 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 Lucky Film Co was 9.64. The lowest was 1.09. And the median was 2.03.


Be Aware

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


Lucky Film Co Cyclically Adjusted Book per Share Related Terms

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


Lucky Film Co (SHSE:600135) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.6 Lekai South Street 6, Baoding, Hebei, CHN, 071054
Lucky Film Co Ltd manufactures and sells digital photo papers in China. Some of the products offered by the company include Double-faced Color Paper, Digital Color Paper, PET Film, Photo Chemicals, Magnetic Products and TAC Film.
Executives
Ma Li Qian Director
Zhang Jian Heng Director
Xu Jing Yan Director
Li Jian Xin Director

Lucky Film Co (SHSE:600135) Headlines

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