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Zhejiang Yankon Group Co (SHSE:600261) Cyclically Adjusted Book per Share : ¥2.56 (As of Mar. 2025)


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What is Zhejiang Yankon Group 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.

Zhejiang Yankon Group Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥2.684. 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 ¥2.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Zhejiang Yankon Group Co's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Zhejiang Yankon Group Co was 16.40% per year. The lowest was 3.10% per year. And the median was 12.10% per year.

As of today (2025-06-02), Zhejiang Yankon Group Co's current stock price is ¥3.24. Zhejiang Yankon Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.56. Zhejiang Yankon Group Co's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zhejiang Yankon Group Co was 9.92. The lowest was 0.95. And the median was 1.90.


Zhejiang Yankon Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zhejiang Yankon Group 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.

Zhejiang Yankon Group Co Cyclically Adjusted Book per Share Chart

Zhejiang Yankon Group 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 2.16 2.33 2.44 2.49 2.55

Zhejiang Yankon Group 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 2.52 2.52 2.55 2.55 2.56

Competitive Comparison of Zhejiang Yankon Group Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Zhejiang Yankon Group 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.


Zhejiang Yankon Group Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yankon Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zhejiang Yankon Group 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, Zhejiang Yankon Group 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)
=2.684/115.1156*115.1156
=2.684

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Yankon Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.876 99.500 2.170
201509 1.939 100.500 2.221
201512 2.011 100.600 2.301
201603 2.080 102.200 2.343
201606 2.012 101.400 2.284
201609 2.107 102.400 2.369
201612 2.176 102.600 2.441
201703 2.260 103.200 2.521
201706 2.178 103.100 2.432
201709 2.242 104.100 2.479
201712 2.291 104.500 2.524
201803 2.336 105.300 2.554
201806 2.254 104.900 2.474
201809 2.340 106.600 2.527
201812 2.443 106.500 2.641
201903 2.560 107.700 2.736
201906 2.537 107.700 2.712
201909 2.625 109.800 2.752
201912 2.572 111.200 2.663
202003 2.598 112.300 2.663
202006 2.558 110.400 2.667
202009 2.663 111.700 2.744
202012 2.699 111.500 2.787
202103 2.826 112.662 2.888
202106 2.577 111.769 2.654
202109 2.583 112.215 2.650
202112 2.529 113.108 2.574
202203 2.598 114.335 2.616
202206 2.479 114.558 2.491
202209 2.506 115.339 2.501
202212 2.533 115.116 2.533
202303 2.640 115.116 2.640
202306 2.570 114.558 2.583
202309 2.569 115.339 2.564
202312 2.625 114.781 2.633
202403 2.702 115.227 2.699
202406 2.538 114.781 2.545
202409 2.599 115.785 2.584
202412 2.636 114.893 2.641
202503 2.684 115.116 2.684

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


Zhejiang Yankon Group Co  (SHSE:600261) 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.

Zhejiang Yankon Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.24/2.56
=1.27

* 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 Zhejiang Yankon Group Co was 9.92. The lowest was 0.95. And the median was 1.90.


Be Aware

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


Zhejiang Yankon Group Co Cyclically Adjusted Book per Share Related Terms

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Zhejiang Yankon Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 568, Cao'e Street, West Section of Renmin Avenue, Shangyu District, Zhejiang province, Shangyu, CHN, 312300
Zhejiang Yankon Group Co Ltd is engaged in the development, manufacture, and distribution of lighting appliances. It generally offers intelligent lighting, home lighting, commercial and outdoor lighting. Geographically the activities are carried out through China.
Executives
senior management
Zhang Long senior management
Li Yang Director
Wu Guo Ming Directors, senior managers
Yu Guang Ming Supervisors
Zhou Ya Mei senior management
Tao Chun Lei Supervisors
Zhao Fang Hua Directors, senior managers
Guan Yong Directors, senior managers
Hua Tian Wen Supervisors
Zhao Wei Feng senior management
Wu Wen Hai senior management
Sun Hui Gang senior management
Zhang Jian Zhong senior management
Chen Yi Ping senior management

Zhejiang Yankon Group Co Headlines

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