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Bank Of Hangzhou Co (SHSE:600926) Cyclically Adjusted Book per Share : ¥12.56 (As of Mar. 2025)


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What is Bank Of Hangzhou 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.

Bank Of Hangzhou Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥21.536. 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 ¥12.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Bank Of Hangzhou Co's average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 Bank Of Hangzhou Co was 14.50% per year. The lowest was 14.50% per year. And the median was 14.50% per year.

As of today (2025-06-02), Bank Of Hangzhou Co's current stock price is ¥16.66. Bank Of Hangzhou Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥12.56. Bank Of Hangzhou Co's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Of Hangzhou Co was 2.21. The lowest was 0.92. And the median was 1.24.


Bank Of Hangzhou Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank Of Hangzhou 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.

Bank Of Hangzhou Co Cyclically Adjusted Book per Share Chart

Bank Of Hangzhou 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 - 8.10 9.53 10.74 12.16

Bank Of Hangzhou 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 11.11 11.45 11.91 12.16 12.56

Competitive Comparison of Bank Of Hangzhou Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank Of Hangzhou 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.


Bank Of Hangzhou Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Hangzhou Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank Of Hangzhou Co's Cyclically Adjusted PB Ratio falls into.


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Bank Of Hangzhou 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, Bank Of Hangzhou 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)
=21.536/115.1156*115.1156
=21.536

Current CPI (Mar. 2025) = 115.1156.

Bank Of Hangzhou Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.456 99.500 7.469
201509 6.656 100.500 7.624
201512 6.895 100.600 7.890
201603 0.000 102.200 0.000
201606 7.338 101.400 8.331
201609 6.766 102.400 7.606
201612 7.517 102.600 8.434
201703 7.745 103.200 8.639
201706 7.829 103.100 8.741
201709 8.043 104.100 8.894
201712 8.158 104.500 8.987
201803 8.513 105.300 9.307
201806 8.645 104.900 9.487
201809 8.939 106.600 9.653
201812 9.307 106.500 10.060
201903 9.658 107.700 10.323
201906 9.699 107.700 10.367
201909 11.987 109.800 12.567
201912 10.246 111.200 10.607
202003 10.542 112.300 10.806
202006 11.581 110.400 12.076
202009 11.718 111.700 12.076
202012 11.953 111.500 12.341
202103 12.311 112.662 12.579
202106 12.696 111.769 13.076
202109 13.130 112.215 13.469
202112 13.506 113.108 13.746
202203 13.992 114.335 14.088
202206 14.215 114.558 14.284
202209 14.707 115.339 14.679
202212 14.939 115.116 14.939
202303 15.673 115.116 15.673
202306 16.075 114.558 16.153
202309 16.594 115.339 16.562
202312 17.084 114.781 17.134
202403 18.003 115.227 17.986
202406 20.057 114.781 20.115
202409 20.692 115.785 20.572
202412 20.840 114.893 20.880
202503 21.536 115.116 21.536

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


Bank Of Hangzhou Co  (SHSE:600926) 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.

Bank Of Hangzhou Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.66/12.56
=1.33

* 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 Bank Of Hangzhou Co was 2.21. The lowest was 0.92. And the median was 1.24.


Be Aware

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


Bank Of Hangzhou Co Cyclically Adjusted Book per Share Related Terms

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


Bank Of Hangzhou Co Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Qingchun Road, Gongshu District, Gongshu District, Hangzhou, CHN, 310003
Bank Of Hangzhou Co Ltd provides banking products and services. It offers products and services including saving a deposit, individual housing mortgage loans, personal car mortgage loans, debit card, and private banking services. The business activities of the group are operated through China.
Executives
Gu Wei Ping Supervisors
Guo Yu senior management
Ding Feng senior management
Xu Guo Min senior management
Song Jian Bin Director
Wang Li Xiong senior management
Jiang Bo senior management
Lou Ying Supervisors
Ao Yi Fan senior management
Zhang Jing Supervisors
Ren Qin Min Supervisors
Pan Lai Fa senior management
Chen Xian Ming Supervisors

Bank Of Hangzhou Co Headlines

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