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New East New Materials Co (SHSE:603110) Cyclically Adjusted Book per Share : ¥3.13 (As of Mar. 2025)


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What is New East New Materials 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.

New East New Materials Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥3.508. 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 ¥3.13 for the trailing ten years ended in Mar. 2025.

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 (2025-07-10), New East New Materials Co's current stock price is ¥15.92. New East New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.13. New East New Materials Co's Cyclically Adjusted PB Ratio of today is 5.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of New East New Materials Co was 5.97. The lowest was 4.59. And the median was 5.18.


New East New Materials Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for New East New Materials 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.

New East New Materials Co Cyclically Adjusted Book per Share Chart

New East New Materials Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
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New East New Materials 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 - - - - 3.13

Competitive Comparison of New East New Materials Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, New East New Materials 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.


New East New Materials Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, New East New Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New East New Materials Co's Cyclically Adjusted PB Ratio falls into.


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New East New Materials 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, New East New Materials 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)
=3.508/115.1156*115.1156
=3.508

Current CPI (Mar. 2025) = 115.1156.

New East New Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 1.676 95.237 2.026
201312 1.909 97.624 2.251
201412 1.994 99.000 2.319
201506 2.274 99.500 2.631
201512 1.849 100.600 2.116
201609 0.000 102.400 0.000
201612 2.064 102.600 2.316
201703 0.000 103.200 0.000
201706 2.021 103.100 2.257
201709 1.641 104.100 1.815
201712 3.108 104.500 3.424
201803 3.149 105.300 3.443
201806 3.096 104.900 3.398
201809 3.152 106.600 3.404
201812 3.148 106.500 3.403
201903 3.158 107.700 3.375
201906 3.014 107.700 3.222
201909 3.178 109.800 3.332
201912 3.241 111.200 3.355
202003 3.291 112.300 3.374
202006 3.189 110.400 3.325
202009 3.069 111.700 3.163
202012 3.120 111.500 3.221
202103 3.183 112.662 3.252
202106 3.375 111.769 3.476
202109 3.420 112.215 3.508
202112 3.397 113.108 3.457
202203 3.404 114.335 3.427
202206 3.266 114.558 3.282
202209 3.293 115.339 3.287
202212 3.315 115.116 3.315
202303 3.337 115.116 3.337
202306 3.206 114.558 3.222
202309 3.239 115.339 3.233
202312 3.424 114.781 3.434
202403 3.437 115.227 3.434
202406 3.452 114.781 3.462
202409 3.487 115.785 3.467
202412 3.493 114.893 3.500
202503 3.508 115.116 3.508

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


New East New Materials Co  (SHSE:603110) 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.

New East New Materials Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.92/3.13
=5.09

* 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 New East New Materials Co was 5.97. The lowest was 4.59. And the median was 5.18.


Be Aware

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


New East New Materials Co Cyclically Adjusted Book per Share Related Terms

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


New East New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Huangjiao Road, Huangyan, Taizhou, CHN, 318020
Website
New East New Materials Co Ltd is a chemical products manufacturer. Its activities include manufacturing and sales of ink and adhesive products.
Executives
Xu Guang Bin Director
Fan Jia Hua Supervisors
Tao Song Man Supervisors
Xu Fang Qin Supervisors
Zhou Qi Hua Directors, senior managers
Zhu Jun Fei Director
Wang Yue Fa Director
Fan Jia Ju Director

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