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Beijing SinoHytec Co (SHSE:688339) Cyclically Adjusted Book per Share : ¥8.97 (As of Mar. 2025)


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What is Beijing SinoHytec 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.

Beijing SinoHytec Co's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was ¥11.056. 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 ¥8.97 for the trailing ten years ended in Dec. 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 (2025-06-02), Beijing SinoHytec Co's current stock price is ¥ 20.63. Beijing SinoHytec Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was ¥8.97. Beijing SinoHytec Co's Cyclically Adjusted PB Ratio of today is 2.30.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Beijing SinoHytec Co was 6.67. The lowest was 2.30. And the median was 3.57.


Beijing SinoHytec Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijing SinoHytec 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.

Beijing SinoHytec Co Cyclically Adjusted Book per Share Chart

Beijing SinoHytec 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 - - 7.34 7.90 8.97

Beijing SinoHytec 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 - - - 8.97 -

Competitive Comparison of Beijing SinoHytec Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Beijing SinoHytec 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.


Beijing SinoHytec Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Beijing SinoHytec Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Beijing SinoHytec 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, Beijing SinoHytec Co's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=11.056/114.8925*114.8925
=11.056

Current CPI (Dec. 2024) = 114.8925.

Beijing SinoHytec Co Annual Data

Book Value per Share CPI Adj_Book
201512 3.040 100.600 3.472
201612 5.493 102.600 6.151
201712 5.046 104.500 5.548
201812 5.365 106.500 5.788
201912 7.272 111.200 7.513
202012 11.753 111.500 12.111
202112 12.782 113.108 12.984
202212 11.963 115.116 11.940
202312 13.144 114.781 13.157
202412 11.056 114.893 11.056

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


Beijing SinoHytec Co  (SHSE:688339) 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.

Beijing SinoHytec Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.63/8.97
=2.30

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Beijing SinoHytec Co was 6.67. The lowest was 2.30. And the median was 3.57.


Be Aware

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


Beijing SinoHytec Co Cyclically Adjusted Book per Share Related Terms

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


Beijing SinoHytec Co Business Description

Traded in Other Exchanges
Address
No. 66, Xixiaokou Road, Room C701, 7th Floor, Block C, Building B-6, Dongsheng Technology Park, Zhongguancun, Haidian District, Beijing, CHN, 100192
Beijing SinoHytec Co Ltd is engaged in the electrical machinery and equipment manufacturing industry and its main products and services are fuel cell engine systems and related technology development services Its products are Hydrogen Fuel Cell EngineCombined Heat and PowerElectrolyzer.
Executives
Yu Min Director
Kang Zhi Director
Dai Dong Zhe Director
Song Hai Ying Director
Zhang Guo Qiang Director
Zhang He Supervisors
Fang Chuan Core technical personnel
Zhou Peng Fei Supervisors

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