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Earth-Panda Advanced Magnetic Material Co (SHSE:688077) Cyclically Adjusted Book per Share : ¥6.01 (As of Jun. 2024)


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What is Earth-Panda Advanced Magnetic Material 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.

Earth-Panda Advanced Magnetic Material Co's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was ¥9.685. 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 ¥6.01 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 (2024-09-22), Earth-Panda Advanced Magnetic Material Co's current stock price is ¥ 13.94. Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was ¥6.01. Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted PB Ratio of today is 2.32.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Earth-Panda Advanced Magnetic Material Co was 3.78. The lowest was 2.29. And the median was 2.79.


Earth-Panda Advanced Magnetic Material Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Earth-Panda Advanced Magnetic Material 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.

Earth-Panda Advanced Magnetic Material Co Cyclically Adjusted Book per Share Chart

Earth-Panda Advanced Magnetic Material 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 - - - - 6.01

Earth-Panda Advanced Magnetic Material Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 6.01 - -

Competitive Comparison of Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Earth-Panda Advanced Magnetic Material 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.


Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted PB Ratio falls into.



Earth-Panda Advanced Magnetic Material 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, Earth-Panda Advanced Magnetic Material 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)
=9.685/114.7809*114.7809
=9.685

Current CPI (Dec. 2023) = 114.7809.

Earth-Panda Advanced Magnetic Material Co Annual Data

Book Value per Share CPI Adj_Book
201412 2.570 99.000 2.980
201512 2.756 100.600 3.144
201612 3.046 102.600 3.408
201712 3.474 104.500 3.816
201812 3.868 106.500 4.169
201912 4.418 111.200 4.560
202012 8.154 111.500 8.394
202112 9.366 113.108 9.505
202212 10.424 115.116 10.394
202312 9.685 114.781 9.685

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


Earth-Panda Advanced Magnetic Material Co  (SHSE:688077) 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.

Earth-Panda Advanced Magnetic Material Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.94/6.01
=2.32

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Earth-Panda Advanced Magnetic Material Co was 3.78. The lowest was 2.29. And the median was 2.79.


Be Aware

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


Earth-Panda Advanced Magnetic Material Co Cyclically Adjusted Book per Share Related Terms

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


Earth-Panda Advanced Magnetic Material Co Business Description

Traded in Other Exchanges
N/A
Address
Lujiang High-tech Industrial Development Zone, Anhui, Hefei, CHN, 231500
Earth-Panda Advanced Magnetic Material Co Ltd is engaged in production and sales of sintered NdFeB permanent magnet materials. Its products are sintered NdFeb magnet, bonded NdFeb magnet, rubber magnet, samarium cobalt magnet. Its products are used in various applications such as information, national defense, automobiles, wind power, various types of motors, instruments, medical equipments, magnetic machinery and various other fields.
Executives
Wang Zi Yi senior management
Liu Ming Hui senior management
Dong Xue Chun Directors, senior managers
Tan Xin Bo Directors, senior managers
Zhou Zhi Guo Core technical personnel
Wang Yong Dong Supervisors
Mo Kun Peng Supervisors
Chen Jing Wu Senior management, core technical personnel
Yi Xiao Fei Directors, senior managers, core technical personn
Liu You Hao Supervisors, core technical personnel
Cao Qing Xiang Director
Xiong Yong Fei Directors, senior managers

Earth-Panda Advanced Magnetic Material Co Headlines

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