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Goldenhome Living Co (SHSE:603180) Cyclically Adjusted Book per Share : ¥9.57 (As of Mar. 2024)


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What is Goldenhome Living 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.

Goldenhome Living Co's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was ¥17.945. 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 ¥9.57 for the trailing ten years ended in Dec. 2023.

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 (2024-06-18), Goldenhome Living Co's current stock price is ¥ 20.25. Goldenhome Living Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was ¥9.57. Goldenhome Living Co's Cyclically Adjusted PB Ratio of today is 2.12.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Goldenhome Living Co was 6.10. The lowest was 2.01. And the median was 4.56.


Goldenhome Living Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Goldenhome Living 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.

Goldenhome Living Co Cyclically Adjusted Book per Share Chart

Goldenhome Living Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.31 7.95 9.57

Goldenhome Living Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 9.57 -

Competitive Comparison of Goldenhome Living Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Goldenhome Living 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.


Goldenhome Living Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Goldenhome Living Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Goldenhome Living 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, Goldenhome Living Co's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.945/114.7809*114.7809
=17.945

Current CPI (Dec. 2023) = 114.7809.

Goldenhome Living Co Annual Data

Book Value per Share CPI Adj_Book
201412 1.648 99.000 1.911
201512 2.049 100.600 2.338
201612 2.894 102.600 3.238
201712 6.536 104.500 7.179
201812 7.430 106.500 8.008
201912 9.191 111.200 9.487
202012 12.630 111.500 13.002
202112 15.615 113.108 15.846
202212 16.816 115.116 16.767
202312 17.945 114.781 17.945

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


Goldenhome Living Co  (SHSE:603180) 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.

Goldenhome Living Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.25/9.57
=2.12

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Goldenhome Living Co was 6.10. The lowest was 2.01. And the median was 4.56.


Be Aware

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


Goldenhome Living Co Cyclically Adjusted Book per Share Related Terms

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


Goldenhome Living Co (SHSE:603180) Business Description

Traded in Other Exchanges
N/A
Address
No. 190, Jihe Road, Tong'an Park, Tong'an Industrial Concentration Zone, Fujian Province, Xiamen, CHN, 361100
Goldenhome Living Co Ltd is engaged in research and development, design, production, sales, installation and after-sales of the overall kitchen cabinet.

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