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Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Cyclically Adjusted Book per Share : $1.05 (As of Mar. 2024)


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What is Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media Co's adjusted book value per share for the three months ended in Mar. 2024 was $1.520. 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 $1.05 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 (2024-06-15), Xinhua Winshare Publishing & Media Co's current stock price is $1.08. Xinhua Winshare Publishing & Media Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.05. Xinhua Winshare Publishing & Media Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xinhua Winshare Publishing & Media Co was 1.08. The lowest was 0.87. And the median was 0.97.


Xinhua Winshare Publishing & Media Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media Co Cyclically Adjusted Book per Share Chart

Xinhua Winshare Publishing & Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Xinhua Winshare Publishing & Media 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 - - - - 1.05

Competitive Comparison of Xinhua Winshare Publishing & Media Co's Cyclically Adjusted Book per Share

For the Publishing subindustry, Xinhua Winshare Publishing & Media 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.


Xinhua Winshare Publishing & Media Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xinhua Winshare Publishing & Media Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xinhua Winshare Publishing & Media Co's Cyclically Adjusted PB Ratio falls into.



Xinhua Winshare Publishing & Media 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, Xinhua Winshare Publishing & Media 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)
=1.52/115.2271*115.2271
=1.520

Current CPI (Mar. 2024) = 115.2271.

Xinhua Winshare Publishing & Media Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.652 92.885 0.809
201212 0.436 95.237 0.528
201312 0.502 97.624 0.593
201412 0.527 99.000 0.613
201506 0.999 99.500 1.157
201509 0.000 100.500 0.000
201512 0.617 100.600 0.707
201603 0.940 102.200 1.060
201606 0.864 101.400 0.982
201609 0.978 102.400 1.101
201612 0.976 102.600 1.096
201703 0.991 103.200 1.106
201706 0.952 103.100 1.064
201709 0.976 104.100 1.080
201712 1.021 104.500 1.126
201803 1.113 105.300 1.218
201806 1.021 104.900 1.122
201809 0.971 106.600 1.050
201812 0.998 106.500 1.080
201903 1.084 107.700 1.160
201906 1.022 107.700 1.093
201909 0.995 109.800 1.044
201912 1.064 111.200 1.103
202003 1.056 112.300 1.084
202006 1.069 110.400 1.116
202009 1.147 111.700 1.183
202012 1.256 111.500 1.298
202103 1.289 112.662 1.318
202106 1.326 111.769 1.367
202109 1.324 112.215 1.360
202112 1.428 113.108 1.455
202203 1.487 114.335 1.499
202206 1.436 114.558 1.444
202209 1.370 115.339 1.369
202212 1.452 115.116 1.453
202303 1.493 115.116 1.494
202306 1.483 114.558 1.492
202309 1.460 115.339 1.459
202312 1.484 114.781 1.490
202403 1.520 115.227 1.520

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


Xinhua Winshare Publishing & Media Co  (OTCPK:SHXWF) 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.

Xinhua Winshare Publishing & Media Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.08/1.05
=1.03

* 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 Xinhua Winshare Publishing & Media Co was 1.08. The lowest was 0.87. And the median was 0.97.


Be Aware

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


Xinhua Winshare Publishing & Media Co Cyclically Adjusted Book per Share Related Terms

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Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Business Description

Traded in Other Exchanges
Address
No. 238 Sanse Road, Unit 1, Block 1, Jinjiang District, Sichuan, Chengdu, CHN
Xinhua Winshare Publishing & Media Co Ltd is engaged in the publishing of books, periodicals and audio-visual products and distribution of textbooks and supplementary materials. It operates its activity in China through two operating segments; the Publication segment which includes the publishing of books, periodicals and audiovisual products and the Distribution segment which comprises of distribution of textbooks and supplementary materials. The group generates a majority of its revenue from the Distribution segment.

Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Headlines

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