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Shanghai Rural Commercial Bank Co (SHSE:601825) Cyclically Adjusted Book per Share : ¥9.73 (As of Mar. 2025)


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What is Shanghai Rural Commercial Bank 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.

Shanghai Rural Commercial Bank Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥12.947. 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 ¥9.73 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Shanghai Rural Commercial Bank Co's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Shanghai Rural Commercial Bank Co was 5.70% per year. The lowest was 4.70% per year. And the median was 5.20% per year.

As of today (2025-06-02), Shanghai Rural Commercial Bank Co's current stock price is ¥8.96. Shanghai Rural Commercial Bank Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥9.73. Shanghai Rural Commercial Bank Co's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shanghai Rural Commercial Bank Co was 1.21. The lowest was 0.62. And the median was 0.74.


Shanghai Rural Commercial Bank Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shanghai Rural Commercial Bank 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.

Shanghai Rural Commercial Bank Co Cyclically Adjusted Book per Share Chart

Shanghai Rural Commercial Bank 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 7.86 8.12 8.53 9.03 9.59

Shanghai Rural Commercial Bank 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 9.20 9.31 9.53 9.59 9.73

Competitive Comparison of Shanghai Rural Commercial Bank Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Shanghai Rural Commercial Bank 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.


Shanghai Rural Commercial Bank Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Shanghai Rural Commercial Bank Co's Cyclically Adjusted PB Ratio falls into.


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Shanghai Rural Commercial Bank 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, Shanghai Rural Commercial Bank 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)
=12.947/115.1156*115.1156
=12.947

Current CPI (Mar. 2025) = 115.1156.

Shanghai Rural Commercial Bank Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.452 99.000 8.665
201509 7.903 100.500 9.052
201512 8.466 100.600 9.688
201603 8.730 102.200 9.833
201606 8.707 101.400 9.885
201609 8.891 102.400 9.995
201612 9.245 102.600 10.373
201703 9.534 103.200 10.635
201706 9.614 103.100 10.734
201709 6.267 104.100 6.930
201712 6.460 104.500 7.116
201803 6.671 105.300 7.293
201806 6.791 104.900 7.452
201809 6.480 106.600 6.998
201812 7.317 106.500 7.909
201903 7.604 107.700 8.128
201906 7.616 107.700 8.140
201909 7.909 109.800 8.292
201912 8.197 111.200 8.486
202003 8.578 112.300 8.793
202006 8.530 110.400 8.894
202009 0.000 111.700 0.000
202012 8.895 111.500 9.183
202103 9.163 112.662 9.363
202106 8.549 111.769 8.805
202109 9.746 112.215 9.998
202112 9.722 113.108 9.895
202203 10.027 114.335 10.095
202206 10.026 114.558 10.075
202209 10.421 115.339 10.401
202212 10.559 115.116 10.559
202303 10.933 115.116 10.933
202306 11.090 114.558 11.144
202309 11.399 115.339 11.377
202312 11.657 114.781 11.691
202403 12.158 115.227 12.146
202406 12.276 114.781 12.312
202409 12.398 115.785 12.326
202412 12.840 114.893 12.865
202503 12.947 115.116 12.947

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


Shanghai Rural Commercial Bank Co  (SHSE:601825) 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.

Shanghai Rural Commercial Bank Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.96/9.73
=0.92

* 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 Shanghai Rural Commercial Bank Co was 1.21. The lowest was 0.62. And the median was 0.74.


Be Aware

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


Shanghai Rural Commercial Bank Co Cyclically Adjusted Book per Share Related Terms

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


Shanghai Rural Commercial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Zhongshan East Second Road, Huangpu District, Shanghai, CHN, 200002
Shanghai Rural Commercial Bank Co Ltd is engaged in the corporate banking, personal banking and financial market business.
Executives
Chen Ying Director
Shen Dong senior management
Yang Yuan Jun Supervisors
Jin Jian Hua senior management
Gu Xian Bin senior management
Xu Li Director
Guo Ru Fei Supervisors
Zhang Hong Biao senior management
Ying Zhang Ming senior management
Yao Xiao Gang senior management
Gu Jian Zhong Director
Yu Min Hua senior management
Li Jian Guo Supervisors
Xu Jing Fen Supervisors

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