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Mubang High-Tech Co (SHSE:603398) Cyclically Adjusted Book per Share : ¥2.52 (As of Mar. 2025)


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What is Mubang High-Tech 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.

Mubang High-Tech Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥2.039. 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 ¥2.52 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mubang High-Tech Co's average Cyclically Adjusted Book Growth Rate was 6.80% 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 (2025-06-01), Mubang High-Tech Co's current stock price is ¥5.25. Mubang High-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.52. Mubang High-Tech Co's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mubang High-Tech Co was 11.56. The lowest was 1.98. And the median was 7.81.


Mubang High-Tech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mubang High-Tech 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.

Mubang High-Tech Co Cyclically Adjusted Book per Share Chart

Mubang High-Tech 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 - - - 2.25 2.49

Mubang High-Tech 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 2.36 2.41 2.47 2.49 2.52

Competitive Comparison of Mubang High-Tech Co's Cyclically Adjusted Book per Share

For the Leisure subindustry, Mubang High-Tech 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.


Mubang High-Tech Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mubang High-Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mubang High-Tech Co's Cyclically Adjusted PB Ratio falls into.


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Mubang High-Tech 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, Mubang High-Tech 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)
=2.039/115.1156*115.1156
=2.039

Current CPI (Mar. 2025) = 115.1156.

Mubang High-Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.901 99.500 1.042
201509 0.750 100.500 0.859
201512 1.826 100.600 2.089
201603 1.876 102.200 2.113
201606 1.858 101.400 2.109
201609 1.925 102.400 2.164
201612 1.966 102.600 2.206
201703 1.999 103.200 2.230
201706 1.993 103.100 2.225
201709 2.089 104.100 2.310
201712 2.100 104.500 2.313
201803 2.129 105.300 2.327
201806 2.099 104.900 2.303
201809 2.153 106.600 2.325
201812 2.269 106.500 2.453
201903 2.348 107.700 2.510
201906 2.406 107.700 2.572
201909 2.450 109.800 2.569
201912 2.497 111.200 2.585
202003 2.523 112.300 2.586
202006 2.614 110.400 2.726
202009 2.620 111.700 2.700
202012 2.632 111.500 2.717
202103 2.278 112.662 2.328
202106 3.244 111.769 3.341
202109 3.256 112.215 3.340
202112 2.759 113.108 2.808
202203 2.732 114.335 2.751
202206 2.784 114.558 2.798
202209 2.789 115.339 2.784
202212 2.091 115.116 2.091
202303 2.189 115.116 2.189
202306 2.124 114.558 2.134
202309 2.138 115.339 2.134
202312 2.173 114.781 2.179
202403 4.756 115.227 4.751
202406 4.458 114.781 4.471
202409 4.249 115.785 4.224
202412 2.270 114.893 2.274
202503 2.039 115.116 2.039

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


Mubang High-Tech Co  (SHSE:603398) 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.

Mubang High-Tech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.25/2.52
=2.08

* 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 Mubang High-Tech Co was 11.56. The lowest was 1.98. And the median was 7.81.


Be Aware

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


Mubang High-Tech Co Cyclically Adjusted Book per Share Related Terms

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


Mubang High-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Dongyang Avenue, Industrial Park, Jiangxi Province, Anyi County, Nanchang, CHN, 330513
Mubang High-Tech Co Ltd is a manufacturer which is specialized in the research, development, and production of educational plastic block toys and infant preschool block toys. It also engaged in the production and sales of precision non-metal molds, production and sales of pharmaceutical packaging materials, building block creative training, educational service consulting among others.
Executives
Lin Yi Shi Director
Li Yin Zhen senior management
Li Xin Ming Director
Lai Wei Tao senior management

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