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Dalian Sunasia Tourism Holding Co (SHSE:600593) Cyclically Adjusted Book per Share : ¥3.23 (As of Mar. 2024)


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What is Dalian Sunasia Tourism Holding 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.

Dalian Sunasia Tourism Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥1.737. 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 ¥3.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dalian Sunasia Tourism Holding Co's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Dalian Sunasia Tourism Holding Co was 6.70% per year. The lowest was -0.50% per year. And the median was 3.60% per year.

As of today (2024-06-16), Dalian Sunasia Tourism Holding Co's current stock price is ¥19.09. Dalian Sunasia Tourism Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.23. Dalian Sunasia Tourism Holding Co's Cyclically Adjusted PB Ratio of today is 5.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dalian Sunasia Tourism Holding Co was 14.91. The lowest was 3.15. And the median was 7.16.


Dalian Sunasia Tourism Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dalian Sunasia Tourism Holding 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.

Dalian Sunasia Tourism Holding Co Cyclically Adjusted Book per Share Chart

Dalian Sunasia Tourism Holding 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 3.18 3.30 3.40 3.36 3.25

Dalian Sunasia Tourism Holding 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 3.33 3.29 3.29 3.25 3.23

Competitive Comparison of Dalian Sunasia Tourism Holding Co's Cyclically Adjusted Book per Share

For the Leisure subindustry, Dalian Sunasia Tourism Holding 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.


Dalian Sunasia Tourism Holding Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dalian Sunasia Tourism Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dalian Sunasia Tourism Holding Co's Cyclically Adjusted PB Ratio falls into.



Dalian Sunasia Tourism Holding 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, Dalian Sunasia Tourism Holding 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)
=1.737/115.2271*115.2271
=1.737

Current CPI (Mar. 2024) = 115.2271.

Dalian Sunasia Tourism Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.456 98.200 2.882
201409 2.938 98.900 3.423
201412 2.773 99.000 3.228
201503 2.616 99.900 3.017
201506 2.731 99.500 3.163
201509 3.249 100.500 3.725
201512 2.999 100.600 3.435
201603 2.925 102.200 3.298
201606 2.876 101.400 3.268
201609 3.394 102.400 3.819
201612 3.117 102.600 3.501
201703 3.043 103.200 3.398
201706 3.022 103.100 3.377
201709 3.669 104.100 4.061
201712 3.405 104.500 3.755
201803 3.336 105.300 3.650
201806 3.469 104.900 3.811
201809 4.114 106.600 4.447
201812 3.860 106.500 4.176
201903 3.881 107.700 4.152
201906 4.006 107.700 4.286
201909 4.515 109.800 4.738
201912 4.226 111.200 4.379
202003 4.041 112.300 4.146
202006 3.814 110.400 3.981
202009 3.750 111.700 3.868
202012 3.653 111.500 3.775
202103 3.488 112.662 3.567
202106 3.453 111.769 3.560
202109 3.673 112.215 3.772
202112 2.085 113.108 2.124
202203 1.888 114.335 1.903
202206 1.553 114.558 1.562
202209 1.699 115.339 1.697
202212 1.470 115.116 1.471
202303 1.465 115.116 1.466
202306 1.601 114.558 1.610
202309 2.306 115.339 2.304
202312 1.727 114.781 1.734
202403 1.737 115.227 1.737

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


Dalian Sunasia Tourism Holding Co  (SHSE:600593) 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.

Dalian Sunasia Tourism Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.09/3.23
=5.91

* 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 Dalian Sunasia Tourism Holding Co was 14.91. The lowest was 3.15. And the median was 7.16.


Be Aware

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


Dalian Sunasia Tourism Holding Co Cyclically Adjusted Book per Share Related Terms

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


Dalian Sunasia Tourism Holding Co (SHSE:600593) Business Description

Traded in Other Exchanges
N/A
Address
No. 608-6-8 Zhongshan Road, Shahekou District, Xigang District, Dalian, Liaoning, CHN, 116023
Dalian Sunasia Tourism Holding Co Ltd operates in the entertainment industry. It operates theme parks which include aquariums, animal encounters, and other facilities.
Executives
Yang Zi Ping Director
Xiao Feng Director
Sun Xiang senior management
Ding Xia senior management
Tian Li senior management
Liu Ming senior management
Sun Tong senior management
Wang Shuang Hong Director
Liu Zhi Liang Director

Dalian Sunasia Tourism Holding Co (SHSE:600593) Headlines

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