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Hanma Technology Group Co (SHSE:600375) Cyclically Adjusted Book per Share : ¥3.55 (As of Mar. 2025)


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What is Hanma Technology 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.

Hanma Technology Group Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥2.065. 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 ¥3.55 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hanma Technology Group Co's average Cyclically Adjusted Book Growth Rate was -17.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.00% 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 Hanma Technology Group Co was 11.80% per year. The lowest was -15.50% per year. And the median was 4.70% per year.

As of today (2025-07-15), Hanma Technology Group Co's current stock price is ¥6.90. Hanma Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.55. Hanma Technology Group Co's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hanma Technology Group Co was 2.18. The lowest was 0.56. And the median was 1.22.


Hanma Technology Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hanma Technology 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.

Hanma Technology Group Co Cyclically Adjusted Book per Share Chart

Hanma Technology 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 6.37 6.08 5.50 4.53 3.67

Hanma Technology 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 4.29 4.03 3.83 3.67 3.55

Competitive Comparison of Hanma Technology Group Co's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Hanma Technology 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.


Hanma Technology Group Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hanma Technology Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hanma Technology 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, Hanma Technology 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)
=2.065/115.1156*115.1156
=2.065

Current CPI (Mar. 2025) = 115.1156.

Hanma Technology Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.018 99.500 6.962
201509 5.748 100.500 6.584
201512 4.717 100.600 5.398
201603 4.682 102.200 5.274
201606 4.343 101.400 4.930
201609 4.329 102.400 4.867
201612 4.844 102.600 5.435
201703 4.860 103.200 5.421
201706 4.899 103.100 5.470
201709 4.887 104.100 5.404
201712 4.947 104.500 5.450
201803 4.967 105.300 5.430
201806 5.021 104.900 5.510
201809 4.973 106.600 5.370
201812 5.053 106.500 5.462
201903 5.068 107.700 5.417
201906 5.108 107.700 5.460
201909 5.076 109.800 5.322
201912 5.135 111.200 5.316
202003 4.939 112.300 5.063
202006 4.962 110.400 5.174
202009 4.827 111.700 4.975
202012 4.297 111.500 4.436
202103 3.631 112.662 3.710
202106 3.669 111.769 3.779
202109 3.392 112.215 3.480
202112 2.529 113.108 2.574
202203 2.269 114.335 2.284
202206 1.274 114.558 1.280
202209 0.845 115.339 0.843
202212 0.217 115.116 0.217
202303 0.151 115.116 0.151
202306 0.098 114.558 0.098
202309 0.036 115.339 0.036
202312 -1.245 114.781 -1.249
202403 -1.339 115.227 -1.338
202406 -1.476 114.781 -1.480
202409 -0.740 115.785 -0.736
202412 2.058 114.893 2.062
202503 2.065 115.116 2.065

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


Hanma Technology Group Co  (SHSE:600375) 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.

Hanma Technology Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.90/3.55
=1.94

* 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 Hanma Technology Group Co was 2.18. The lowest was 0.56. And the median was 1.22.


Be Aware

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


Hanma Technology Group Co Cyclically Adjusted Book per Share Related Terms

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


Hanma Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
Economic and Technological Development Zone, Anhui Province, Maanshan, CHN, 243061
Hanma Technology Group Co Ltd, formerly Hualing Xingma Automobile (Group) Co Ltd operates in the automotive industry. The company is engaged in the production and sales of special-purpose vehicles and auto parts such as multi-series bulk cement trucks, concrete mixer trucks and concrete pump trucks.
Executives
Jin Fang Fang senior management

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