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ELION ENERGY CO (SHSE:600277) Cyclically Adjusted Book per Share : ¥4.40 (As of Mar. 2024)


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What is ELION ENERGY 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.

ELION ENERGY CO's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.625. 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 ¥4.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ELION ENERGY CO's average Cyclically Adjusted Book Growth Rate was -100.00% 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 ELION ENERGY CO was 11.90% per year. The lowest was 4.00% per year. And the median was 8.30% per year.

As of today (2024-05-01), ELION ENERGY CO's current stock price is ¥2.05. ELION ENERGY CO's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.40. ELION ENERGY CO's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ELION ENERGY CO was 4.29. The lowest was 0.47. And the median was 1.35.


ELION ENERGY CO Cyclically Adjusted Book per Share Historical Data

The historical data trend for ELION ENERGY 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.

ELION ENERGY CO Cyclically Adjusted Book per Share Chart

ELION ENERGY 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 3.80 3.90 4.08 4.28 4.38

ELION ENERGY 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 4.32 4.33 4.39 4.38 4.40

Competitive Comparison of ELION ENERGY CO's Cyclically Adjusted Book per Share

For the Chemicals subindustry, ELION ENERGY 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.


ELION ENERGY CO's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ELION ENERGY CO's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ELION ENERGY CO's Cyclically Adjusted PB Ratio falls into.



ELION ENERGY 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, ELION ENERGY 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)
=4.625/114.6694*114.6694
=4.625

Current CPI (Mar. 2024) = 114.6694.

ELION ENERGY CO Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.380 98.200 3.947
201409 3.368 98.900 3.905
201412 3.325 99.000 3.851
201503 3.343 99.900 3.837
201506 3.394 99.500 3.911
201509 3.373 100.500 3.849
201512 3.392 100.600 3.866
201603 3.412 102.200 3.828
201606 3.522 101.400 3.983
201609 3.512 102.400 3.933
201612 3.663 102.600 4.094
201703 3.893 103.200 4.326
201706 3.956 103.100 4.400
201709 3.976 104.100 4.380
201712 4.455 104.500 4.889
201803 4.075 105.300 4.438
201806 4.131 104.900 4.516
201809 4.146 106.600 4.460
201812 4.156 106.500 4.475
201903 4.234 107.700 4.508
201906 4.336 107.700 4.617
201909 4.283 109.800 4.473
201912 4.521 111.200 4.662
202003 4.357 112.300 4.449
202006 4.391 110.400 4.561
202009 4.325 111.700 4.440
202012 4.396 111.500 4.521
202103 4.443 112.662 4.522
202106 4.503 111.769 4.620
202109 4.552 112.215 4.652
202112 4.588 113.108 4.651
202203 4.637 114.335 4.651
202206 4.765 114.558 4.770
202209 4.838 115.339 4.810
202212 4.739 115.116 4.721
202303 4.782 115.116 4.763
202306 4.787 114.558 4.792
202309 4.778 115.339 4.750
202312 4.613 114.669 4.613
202403 4.625 114.669 4.625

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


ELION ENERGY CO  (SHSE:600277) 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.

ELION ENERGY CO's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.05/4.4
=0.47

* 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 ELION ENERGY CO was 4.29. The lowest was 0.47. And the median was 1.35.


Be Aware

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


ELION ENERGY CO Cyclically Adjusted Book per Share Related Terms

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


ELION ENERGY CO (SHSE:600277) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.15 Guanghua Road, Elion Eco-plaza, Chaoyang District, Beijing, CHN
ELION ENERGY CO LTD is a China-based company engaged in businesses of Ecosystem, Energy, and Finance. Ecosystem business, the company adopts biological and ecological techniques to restore desertified, rocky, salinized, alkalized and degraded land and to improve the environment of western deserts, which includes national ecological projects. In Energy business, the company developed Micro-fine Coal Atomization which has improved combustion efficiency and thermal efficiency and minimizes coal consumption, achieving efficient and clean use of coal and reducing pollutants. In the Finance business, the company intends to build a green finance platform that contains funds, trusts, credit investigation, third-party payment, finance companies, insurance and carbon finance.

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