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Super Telecom Co (SHSE:603322) Cyclically Adjusted Book per Share : ¥2.47 (As of Mar. 2024)


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What is Super Telecom 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.

Super Telecom Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥2.015. 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 ¥2.47 for the trailing ten years ended in Mar. 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 (2024-05-23), Super Telecom Co's current stock price is ¥30.00. Super Telecom Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.47. Super Telecom Co's Cyclically Adjusted PB Ratio of today is 12.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Super Telecom Co was 15.83. The lowest was 11.04. And the median was 14.19.


Super Telecom Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Super Telecom 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.

Super Telecom Co Cyclically Adjusted Book per Share Chart

Super Telecom 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 - - - - 2.46

Super Telecom 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 - - 2.45 2.46 2.47

Competitive Comparison of Super Telecom Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Super Telecom 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.


Super Telecom Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Super Telecom Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Super Telecom 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, Super Telecom Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.015/115.2271*115.2271
=2.015

Current CPI (Mar. 2024) = 115.2271.

Super Telecom Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.487 97.624 1.755
201403 1.624 98.600 1.898
201412 1.704 99.000 1.983
201503 0.000 99.900 0.000
201506 1.741 99.500 2.016
201509 0.000 100.500 0.000
201512 2.035 100.600 2.331
201603 2.041 102.200 2.301
201606 2.115 101.400 2.403
201609 2.964 102.400 3.335
201612 3.053 102.600 3.429
201703 3.004 103.200 3.354
201706 2.972 103.100 3.322
201709 3.052 104.100 3.378
201712 3.129 104.500 3.450
201803 3.085 105.300 3.376
201806 3.085 104.900 3.389
201809 3.137 106.600 3.391
201812 3.117 106.500 3.372
201903 2.976 107.700 3.184
201906 2.738 107.700 2.929
201909 2.746 109.800 2.882
201912 2.436 111.200 2.524
202003 2.407 112.300 2.470
202006 2.489 110.400 2.598
202009 2.655 111.700 2.739
202012 2.686 111.500 2.776
202103 2.763 112.662 2.826
202106 2.857 111.769 2.945
202109 2.819 112.215 2.895
202112 1.221 113.108 1.244
202203 1.247 114.335 1.257
202206 1.435 114.558 1.443
202209 1.739 115.339 1.737
202212 1.440 115.116 1.441
202303 1.314 115.116 1.315
202306 1.198 114.558 1.205
202309 1.249 115.339 1.248
202312 1.874 114.781 1.881
202403 2.015 115.227 2.015

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


Super Telecom Co  (SHSE:603322) 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.

Super Telecom Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.00/2.47
=12.15

* 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 Super Telecom Co was 15.83. The lowest was 11.04. And the median was 14.19.


Be Aware

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


Super Telecom Co Cyclically Adjusted Book per Share Related Terms

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


Super Telecom Co (SHSE:603322) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1025-1027, Gaopu Road, Gaotang New District, 4th Floor, Tianhe Science and Technology Park Software Park, Tianhe District, Guangdong Province, Guangzhou, CHN, 510663
Super Telecom Co Ltd provides communications technology services. It is engaged in the construction of mobile communication network, maintenance & optimization of the network. It also provides IoT solution and ecological intelligent hardware. Its services comprise of broadband engineering, integrated wireless engineering, core network engineering, transmission engineering, indoor coverage and IDC system engine, new energy services.

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