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Jiangshan Oupai Door Industry Co (SHSE:603208) Cyclically Adjusted Book per Share : ¥7.15 (As of Sep. 2024)


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What is Jiangshan Oupai Door Industry 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.

Jiangshan Oupai Door Industry Co's adjusted book value per share for the three months ended in Sep. 2024 was ¥7.746. 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 ¥7.15 for the trailing ten years ended in Sep. 2024.

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 (2024-12-13), Jiangshan Oupai Door Industry Co's current stock price is ¥19.98. Jiangshan Oupai Door Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥7.15. Jiangshan Oupai Door Industry Co's Cyclically Adjusted PB Ratio of today is 2.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jiangshan Oupai Door Industry Co was 4.28. The lowest was 2.26. And the median was 2.76.


Jiangshan Oupai Door Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jiangshan Oupai Door Industry 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.

Jiangshan Oupai Door Industry Co Cyclically Adjusted Book per Share Chart

Jiangshan Oupai Door Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Jiangshan Oupai Door Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 6.81 6.94 7.15

Competitive Comparison of Jiangshan Oupai Door Industry Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Jiangshan Oupai Door Industry 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.


Jiangshan Oupai Door Industry Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Jiangshan Oupai Door Industry Co's Cyclically Adjusted PB Ratio falls into.



Jiangshan Oupai Door Industry 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, Jiangshan Oupai Door Industry Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.746/115.7848*115.7848
=7.746

Current CPI (Sep. 2024) = 115.7848.

Jiangshan Oupai Door Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.805 97.624 2.141
201406 1.837 98.200 2.166
201412 2.110 99.000 2.468
201509 0.000 100.500 0.000
201512 2.664 100.600 3.066
201603 0.000 102.200 0.000
201606 2.922 101.400 3.337
201609 3.146 102.400 3.557
201612 3.335 102.600 3.764
201703 5.125 103.200 5.750
201706 5.164 103.100 5.799
201709 5.331 104.100 5.929
201712 5.604 104.500 6.209
201803 5.657 105.300 6.220
201806 5.647 104.900 6.233
201809 5.929 106.600 6.440
201812 6.182 106.500 6.721
201903 6.240 107.700 6.708
201906 6.377 107.700 6.856
201909 6.930 109.800 7.308
201912 7.389 111.200 7.694
202003 7.600 112.300 7.836
202006 7.695 110.400 8.070
202009 8.645 111.700 8.961
202012 9.284 111.500 9.641
202103 9.470 112.662 9.733
202106 10.652 111.769 11.035
202109 10.570 112.215 10.906
202112 10.373 113.108 10.619
202203 10.685 114.335 10.821
202206 11.029 114.558 11.147
202209 9.822 115.339 9.860
202212 7.967 115.116 8.013
202303 8.318 115.116 8.366
202306 7.262 114.558 7.340
202309 8.105 115.339 8.136
202312 8.658 114.781 8.734
202403 8.821 115.227 8.864
202406 7.484 114.781 7.549
202409 7.746 115.785 7.746

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


Jiangshan Oupai Door Industry Co  (SHSE:603208) 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.

Jiangshan Oupai Door Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.98/7.15
=2.79

* 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 Jiangshan Oupai Door Industry Co was 4.28. The lowest was 2.26. And the median was 2.76.


Be Aware

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


Jiangshan Oupai Door Industry Co Cyclically Adjusted Book per Share Related Terms

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


Jiangshan Oupai Door Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No 8, Mudanshan Natural Village, Juntou Village, Hecun Town, Zhejiang Province, Jiangshan, CHN, 324100
Jiangshan Oupai Door Industry Co Ltd is principally engaged in research and development, manufacture and sales of wooden doors in China. It offers wooden doors for bedrooms, kitchen and bath rooms, and living rooms, as well as provides wooden door accessories.
Executives
Wang Zhong Directors, senior managers
Wu Shui Gen Director
Wu Shui Yan Directors, senior managers

Jiangshan Oupai Door Industry Co Headlines

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