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Seres Group Co (SHSE:601127) Cyclically Adjusted Book per Share : ¥6.16 (As of Mar. 2025)


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What is Seres 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.

Seres Group Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥14.158. 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 ¥6.16 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Seres Group Co's average Cyclically Adjusted Book Growth Rate was 12.60% 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.

As of today (2025-05-22), Seres Group Co's current stock price is ¥132.61. Seres Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.16. Seres Group Co's Cyclically Adjusted PB Ratio of today is 21.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seres Group Co was 23.90. The lowest was 4.93. And the median was 14.70.


Seres Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seres 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.

Seres Group Co Cyclically Adjusted Book per Share Chart

Seres 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 - - 5.04 5.39 5.87

Seres 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 5.47 5.59 5.79 5.87 6.16

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

For the Auto Manufacturers subindustry, Seres 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.


Seres Group Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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


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Seres 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, Seres 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)
=14.158/115.1156*115.1156
=14.158

Current CPI (Mar. 2025) = 115.1156.

Seres Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.143 99.500 3.636
201509 0.000 100.500 0.000
201512 3.461 100.600 3.960
201603 3.042 102.200 3.426
201606 3.964 101.400 4.500
201609 4.071 102.400 4.577
201612 4.314 102.600 4.840
201703 4.541 103.200 5.065
201706 4.453 103.100 4.972
201709 4.482 104.100 4.956
201712 5.196 104.500 5.724
201803 5.411 105.300 5.915
201806 5.252 104.900 5.763
201809 5.334 106.600 5.760
201812 5.653 106.500 6.110
201903 5.473 107.700 5.850
201906 5.255 107.700 5.617
201909 5.512 109.800 5.779
201912 5.897 111.200 6.105
202003 5.379 112.300 5.514
202006 5.123 110.400 5.342
202009 4.784 111.700 4.930
202012 3.994 111.500 4.124
202103 3.715 112.662 3.796
202106 5.741 111.769 5.913
202109 5.329 112.215 5.467
202112 5.853 113.108 5.957
202203 5.251 114.335 5.287
202206 9.827 114.558 9.875
202209 8.316 115.339 8.300
202212 7.627 115.116 7.627
202303 7.210 115.116 7.210
202306 6.796 114.558 6.829
202309 6.153 115.339 6.141
202312 7.555 114.781 7.577
202403 7.703 115.227 7.696
202406 8.770 114.781 8.796
202409 8.935 115.785 8.883
202412 8.123 114.893 8.139
202503 14.158 115.116 14.158

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


Seres Group Co  (SHSE:601127) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.61/6.16
=21.53

* 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 Seres Group Co was 23.90. The lowest was 4.93. And the median was 14.70.


Be Aware

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


Seres Group Co Cyclically Adjusted Book per Share Related Terms

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


Seres Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Wuyunhu Road, Shapingba District, Chongqing, CHN, 401335
Seres Group Co Ltd is engaged in the research and development, production, sales and service of complete vehicles, engines and parts.
Executives
Kang Bo senior management
Liu Lian senior management
Shen Wei senior management
Huang Qi Zhong senior management
Yin Xian Zhi Directors, senior managers
Wang Ping senior management
Zhou Lin senior management
Liu Chang Dong Director
Duan Wei senior management
Meng Gang senior management
Cen Yuan Chuan Director
Chen Yu Qi senior management
Ma Jian Chang Director

Seres Group Co Headlines

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