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Zbom Home Collection Co (SHSE:603801) Cyclically Adjusted Book per Share : ¥4.57 (As of Mar. 2024)


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What is Zbom Home Collection 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.

Zbom Home Collection Co's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was ¥7.532. 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 ¥4.57 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 (2024-05-21), Zbom Home Collection Co's current stock price is ¥ 18.46. Zbom Home Collection Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was ¥4.57. Zbom Home Collection Co's Cyclically Adjusted PB Ratio of today is 4.04.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Zbom Home Collection Co was 6.47. The lowest was 3.09. And the median was 3.63.


Zbom Home Collection Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zbom Home Collection 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.

Zbom Home Collection Co Cyclically Adjusted Book per Share Chart

Zbom Home Collection 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 - - - 3.89 4.57

Zbom Home Collection 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 - - - 4.57 -

Competitive Comparison of Zbom Home Collection Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Zbom Home Collection 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.


Zbom Home Collection Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Zbom Home Collection Co's Cyclically Adjusted PB Ratio falls into.



Zbom Home Collection 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, Zbom Home Collection 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)
=7.532/114.7809*114.7809
=7.532

Current CPI (Dec. 2023) = 114.7809.

Zbom Home Collection Co Annual Data

Book Value per Share CPI Adj_Book
201412 2.461 99.000 2.853
201512 1.586 100.600 1.810
201612 2.024 102.600 2.264
201712 3.871 104.500 4.252
201812 4.256 106.500 4.587
201912 4.407 111.200 4.549
202012 5.090 111.500 5.240
202112 5.926 113.108 6.014
202212 6.594 115.116 6.575
202312 7.532 114.781 7.532

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


Zbom Home Collection Co  (SHSE:603801) 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.

Zbom Home Collection Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.46/4.57
=4.04

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Zbom Home Collection Co was 6.47. The lowest was 3.09. And the median was 3.63.


Be Aware

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


Zbom Home Collection Co Cyclically Adjusted Book per Share Related Terms

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


Zbom Home Collection Co (SHSE:603801) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Lianshui Road, Fuyang Industrial Zone, Anhui, Hefei, CHN, 230041
Zbom Home Collection Co Ltd operates in the furniture manufacturing industry. The company is specialized in design, development, and production of the overall kitchen cabinets, custom wardrobe, and other custom furniture products. It also provides customized service of integrated design, custom cabinets, semi-custom kitchen cabinets, installation and after sales services. It has four main product segments: Kitchen Cabinets, Wardrobe, Bathroom, and Kitchen Accessories.

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