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JDM JingDa Machine Ningbo Co (SHSE:603088) Cyclically Adjusted Book per Share : ¥1.32 (As of Mar. 2025)


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What is JDM JingDa Machine Ningbo 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.

JDM JingDa Machine Ningbo Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥1.735. 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 ¥1.32 for the trailing ten years ended in Mar. 2025.

During the past 12 months, JDM JingDa Machine Ningbo Co's average Cyclically Adjusted Book Growth Rate was 5.60% 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 (2025-07-18), JDM JingDa Machine Ningbo Co's current stock price is ¥8.90. JDM JingDa Machine Ningbo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.32. JDM JingDa Machine Ningbo Co's Cyclically Adjusted PB Ratio of today is 6.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JDM JingDa Machine Ningbo Co was 9.29. The lowest was 4.64. And the median was 6.81.


JDM JingDa Machine Ningbo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for JDM JingDa Machine Ningbo 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.

JDM JingDa Machine Ningbo Co Cyclically Adjusted Book per Share Chart

JDM JingDa Machine Ningbo 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 - - 1.16 1.23 1.30

JDM JingDa Machine Ningbo 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 1.25 1.26 1.30 1.30 1.32

Competitive Comparison of JDM JingDa Machine Ningbo Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, JDM JingDa Machine Ningbo 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.


JDM JingDa Machine Ningbo Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JDM JingDa Machine Ningbo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where JDM JingDa Machine Ningbo Co's Cyclically Adjusted PB Ratio falls into.


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JDM JingDa Machine Ningbo 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, JDM JingDa Machine Ningbo 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)
=1.735/115.1156*115.1156
=1.735

Current CPI (Mar. 2025) = 115.1156.

JDM JingDa Machine Ningbo Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.990 99.500 1.145
201509 1.001 100.500 1.147
201512 1.005 100.600 1.150
201603 1.009 102.200 1.137
201606 1.012 101.400 1.149
201609 1.032 102.400 1.160
201612 1.033 102.600 1.159
201703 1.048 103.200 1.169
201706 1.037 103.100 1.158
201709 1.061 104.100 1.173
201712 1.083 104.500 1.193
201803 1.102 105.300 1.205
201806 1.088 104.900 1.194
201809 1.125 106.600 1.215
201812 1.146 106.500 1.239
201903 1.173 107.700 1.254
201906 1.111 107.700 1.187
201909 1.150 109.800 1.206
201912 1.209 111.200 1.252
202003 1.244 112.300 1.275
202006 1.139 110.400 1.188
202009 1.167 111.700 1.203
202012 1.226 111.500 1.266
202103 1.302 112.662 1.330
202106 1.114 111.769 1.147
202109 1.174 112.215 1.204
202112 1.229 113.108 1.251
202203 1.331 114.335 1.340
202206 1.360 114.558 1.367
202209 1.425 115.339 1.422
202212 1.461 115.116 1.461
202303 1.552 115.116 1.552
202306 1.461 114.558 1.468
202309 1.550 115.339 1.547
202312 1.660 114.781 1.665
202403 1.785 115.227 1.783
202406 1.578 114.781 1.583
202409 1.668 115.785 1.658
202412 1.777 114.893 1.780
202503 1.735 115.116 1.735

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


JDM JingDa Machine Ningbo Co  (SHSE:603088) 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.

JDM JingDa Machine Ningbo Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.90/1.32
=6.74

* 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 JDM JingDa Machine Ningbo Co was 9.29. The lowest was 4.64. And the median was 6.81.


Be Aware

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


JDM JingDa Machine Ningbo Co Cyclically Adjusted Book per Share Related Terms

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


JDM JingDa Machine Ningbo Co Business Description

Traded in Other Exchanges
N/A
Address
377 Jinshan Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
JDM JingDa Machine Ningbo Co Ltd is engaged in the development, production, and sales of heat exchanger equipment and precision presses. Its products are mainly used in the production of air conditioning heat exchangers in the home appliance industry; microchannel heat transfer and automotive heat exchangers. Its products include Heat exchanger equipment, Press equipment, Micro channel, Powder metallurgy equipment.
Executives
Zheng Gong Director

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