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Jiangsu Jiangnan Water Co (SHSE:601199) Cyclically Adjusted Book per Share : ¥3.41 (As of Mar. 2025)


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What is Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥4.785. 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 ¥3.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Jiangsu Jiangnan Water Co's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Jiangsu Jiangnan Water Co was 6.80% per year. The lowest was 5.90% per year. And the median was 6.20% per year.

As of today (2025-06-02), Jiangsu Jiangnan Water Co's current stock price is ¥5.38. Jiangsu Jiangnan Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.41. Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jiangsu Jiangnan Water Co was 2.93. The lowest was 1.29. And the median was 1.65.


Jiangsu Jiangnan Water Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co Cyclically Adjusted Book per Share Chart

Jiangsu Jiangnan Water 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 2.64 2.82 3.01 3.16 3.35

Jiangsu Jiangnan Water 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 3.21 3.25 3.32 3.35 3.41

Competitive Comparison of Jiangsu Jiangnan Water Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Jiangsu Jiangnan Water 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.


Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio falls into.


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Jiangsu Jiangnan Water 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, Jiangsu Jiangnan Water 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)
=4.785/115.1156*115.1156
=4.785

Current CPI (Mar. 2025) = 115.1156.

Jiangsu Jiangnan Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.181 99.500 2.523
201509 2.259 100.500 2.588
201512 2.352 100.600 2.691
201603 2.503 102.200 2.819
201606 2.552 101.400 2.897
201609 2.631 102.400 2.958
201612 2.724 102.600 3.056
201703 2.775 103.200 3.095
201706 2.783 103.100 3.107
201709 2.845 104.100 3.146
201712 2.890 104.500 3.184
201803 2.931 105.300 3.204
201806 2.912 104.900 3.196
201809 2.877 106.600 3.107
201812 2.933 106.500 3.170
201903 2.962 107.700 3.166
201906 2.974 107.700 3.179
201909 3.045 109.800 3.192
201912 3.111 111.200 3.221
202003 3.154 112.300 3.233
202006 3.127 110.400 3.261
202009 3.197 111.700 3.295
202012 3.310 111.500 3.417
202103 3.343 112.662 3.416
202106 3.325 111.769 3.425
202109 3.433 112.215 3.522
202112 3.524 113.108 3.587
202203 3.587 114.335 3.611
202206 3.553 114.558 3.570
202209 3.646 115.339 3.639
202212 3.733 115.116 3.733
202303 3.811 115.116 3.811
202306 3.788 114.558 3.806
202309 3.914 115.339 3.906
202312 3.985 114.781 3.997
202403 4.074 115.227 4.070
202406 4.063 114.781 4.075
202409 4.156 115.785 4.132
202412 4.689 114.893 4.698
202503 4.785 115.116 4.785

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


Jiangsu Jiangnan Water Co  (SHSE:601199) 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.

Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.38/3.41
=1.58

* 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 Jiangsu Jiangnan Water Co was 2.93. The lowest was 1.29. And the median was 1.65.


Be Aware

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


Jiangsu Jiangnan Water Co Cyclically Adjusted Book per Share Related Terms

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Jiangsu Jiangnan Water Co Business Description

Traded in Other Exchanges
N/A
Address
Number 224 Yan Ling Road, Jiangsu Province, Jiangyin, CHN
Jiangsu Jiangnan Water Co Ltd manufactures and sells water in China. It engages in the drainage and water treatment-related business; water supply engineering design and technical advice; water quality testing; measuring and testing water meters; and public infrastructure investing business.
Executives
Ceng Wu senior management
Zhong Li Ping Supervisors
Zhang Ya Jun Supervisors
Wang Jian Lin Director

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