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Shanghai AtHub Co (SHSE:603881) Cyclically Adjusted Book per Share : ¥4.14 (As of Mar. 2024)


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What is Shanghai AtHub 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.

Shanghai AtHub Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥6.905. 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 ¥4.14 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 (2024-05-29), Shanghai AtHub Co's current stock price is ¥17.30. Shanghai AtHub Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.14. Shanghai AtHub Co's Cyclically Adjusted PB Ratio of today is 4.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shanghai AtHub Co was 4.55. The lowest was 4.21. And the median was 4.40.


Shanghai AtHub Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shanghai AtHub 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.

Shanghai AtHub Co Cyclically Adjusted Book per Share Chart

Shanghai AtHub Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Shanghai AtHub 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 - - - - 4.14

Competitive Comparison of Shanghai AtHub Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Shanghai AtHub 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.


Shanghai AtHub Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai AtHub Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shanghai AtHub 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, Shanghai AtHub 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)
=6.905/115.2271*115.2271
=6.905

Current CPI (Mar. 2024) = 115.2271.

Shanghai AtHub Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 1.655 97.624 1.953
201406 4.839 98.200 5.678
201412 0.857 99.000 0.997
201509 0.000 100.500 0.000
201512 1.090 100.600 1.248
201603 0.000 102.200 0.000
201606 1.213 101.400 1.378
201609 1.274 102.400 1.434
201612 1.342 102.600 1.507
201703 1.970 103.200 2.200
201706 2.028 103.100 2.267
201709 2.090 104.100 2.313
201712 2.169 104.500 2.392
201803 2.251 105.300 2.463
201806 2.241 104.900 2.462
201809 2.314 106.600 2.501
201812 2.428 106.500 2.627
201903 2.516 107.700 2.692
201906 2.560 107.700 2.739
201909 2.619 109.800 2.748
201912 2.661 111.200 2.757
202003 2.732 112.300 2.803
202006 2.781 110.400 2.903
202009 6.223 111.700 6.420
202012 6.279 111.500 6.489
202103 6.350 112.662 6.495
202106 6.381 111.769 6.578
202109 6.474 112.215 6.648
202112 6.546 113.108 6.669
202203 6.310 114.335 6.359
202206 6.352 114.558 6.389
202209 6.423 115.339 6.417
202212 6.561 115.116 6.567
202303 6.627 115.116 6.633
202306 6.679 114.558 6.718
202309 6.751 115.339 6.744
202312 6.797 114.781 6.823
202403 6.905 115.227 6.905

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


Shanghai AtHub Co  (SHSE:603881) 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.

Shanghai AtHub Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.30/4.14
=4.18

* 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 Shanghai AtHub Co was 4.55. The lowest was 4.21. And the median was 4.40.


Be Aware

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


Shanghai AtHub Co Cyclically Adjusted Book per Share Related Terms

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


Shanghai AtHub Co (SHSE:603881) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 166, Jiangchang 3rd Road, Jing'an District, Shanghai, CHN, 200436
Shanghai AtHub Co Ltd is a China based internet infrastructure service provider. It is engaged in the data center customized business. The company offers services like data center planning consulting, customizing data center and operational and management support services.

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