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Ningbo Joyson Electronic (SHSE:600699) Cyclically Adjusted Book per Share : ¥9.34 (As of Mar. 2025)


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What is Ningbo Joyson Electronic 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.

Ningbo Joyson Electronic's adjusted book value per share for the three months ended in Mar. 2025 was ¥9.708. 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 ¥9.34 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ningbo Joyson Electronic's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 23.30% 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 Ningbo Joyson Electronic was 37.50% per year. The lowest was -4.20% per year. And the median was 12.40% per year.

As of today (2025-06-01), Ningbo Joyson Electronic's current stock price is ¥17.77. Ningbo Joyson Electronic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥9.34. Ningbo Joyson Electronic's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ningbo Joyson Electronic was 28.33. The lowest was 1.45. And the median was 3.90.


Ningbo Joyson Electronic Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ningbo Joyson Electronic'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.

Ningbo Joyson Electronic Cyclically Adjusted Book per Share Chart

Ningbo Joyson Electronic 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 5.99 7.02 7.85 8.50 9.16

Ningbo Joyson Electronic 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 8.70 8.83 9.07 9.16 9.34

Competitive Comparison of Ningbo Joyson Electronic's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Ningbo Joyson Electronic'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.


Ningbo Joyson Electronic's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Joyson Electronic's Cyclically Adjusted PB Ratio falls into.


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Ningbo Joyson Electronic 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, Ningbo Joyson Electronic'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)
=9.708/115.1156*115.1156
=9.708

Current CPI (Mar. 2025) = 115.1156.

Ningbo Joyson Electronic Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.748 99.500 3.179
201509 3.844 100.500 4.403
201512 3.931 100.600 4.498
201603 4.005 102.200 4.511
201606 4.153 101.400 4.715
201609 4.313 102.400 4.849
201612 13.163 102.600 14.769
201703 9.717 103.200 10.839
201706 10.036 103.100 11.206
201709 10.062 104.100 11.127
201712 9.549 104.500 10.519
201803 9.365 105.300 10.238
201806 11.097 104.900 12.178
201809 10.793 106.600 11.655
201812 9.359 106.500 10.116
201903 9.486 107.700 10.139
201906 9.762 107.700 10.434
201909 10.078 109.800 10.566
201912 10.166 111.200 10.524
202003 10.091 112.300 10.344
202006 9.635 110.400 10.047
202009 8.689 111.700 8.955
202012 11.088 111.500 11.448
202103 11.186 112.662 11.430
202106 10.945 111.769 11.273
202109 10.563 112.215 10.836
202112 8.313 113.108 8.461
202203 8.341 114.335 8.398
202206 8.335 114.558 8.376
202209 8.656 115.339 8.639
202212 8.956 115.116 8.956
202303 9.067 115.116 9.067
202306 9.486 114.558 9.532
202309 9.587 115.339 9.568
202312 9.639 114.781 9.667
202403 9.701 115.227 9.692
202406 9.590 114.781 9.618
202409 9.615 115.785 9.559
202412 9.625 114.893 9.644
202503 9.708 115.116 9.708

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


Ningbo Joyson Electronic  (SHSE:600699) 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.

Ningbo Joyson Electronic's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.77/9.34
=1.90

* 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 Ningbo Joyson Electronic was 28.33. The lowest was 1.45. And the median was 3.90.


Be Aware

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


Ningbo Joyson Electronic Cyclically Adjusted Book per Share Related Terms

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


Ningbo Joyson Electronic Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Qingyi Road, High-tech Zone, Zhejiang, Ningbo, CHN, 315040
Ningbo Joyson Electronic Corp is a global leading supplier of automotive electronics and automotive safety. It is mainly engaged in the research and development and manufacturing of smart cockpits, smart networking, smart driving, new energy management and automotive safety. It currently has two major business divisions, automotive safety and automotive electronics, and has established an Intelligent Vehicle Technology Research Institute and a New Energy Research Institute.
Executives
Hua Mu Wen senior management
Chen Wei Directors, senior managers
Zhu Xue Song Director
Li Jun Yu Directors, senior managers
Yu Chao Hui senior management
Wang Jian Feng Director
Zhou Gui Tian Supervisors
Liu Guang Quan Supervisors
Jian Shi Hui Fu Zhu Xi Supervisors

Ningbo Joyson Electronic Headlines

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