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Sinotrans (Sinotrans) Cyclically Adjusted Book per Share : $0.53 (As of Mar. 2024)


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What is Sinotrans 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.

Sinotrans's adjusted book value per share for the three months ended in Mar. 2024 was $0.756. 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 $0.53 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 (2024-06-10), Sinotrans's current stock price is $0.48148. Sinotrans's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.53. Sinotrans's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sinotrans was 1.07. The lowest was 0.64. And the median was 0.83.


Sinotrans Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sinotrans'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.

Sinotrans Cyclically Adjusted Book per Share Chart

Sinotrans 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 - - - - 0.50

Sinotrans Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - - 0.33 0.50 0.53

Competitive Comparison of Sinotrans's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Sinotrans'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.


Sinotrans's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sinotrans's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sinotrans 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, Sinotrans'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)
=0.756/115.2271*115.2271
=0.756

Current CPI (Mar. 2024) = 115.2271.

Sinotrans Quarterly Data

Book Value per Share CPI Adj_Book
200312 0.177 72.808 0.280
200412 0.192 74.488 0.297
200512 0.213 75.666 0.324
200612 0.226 77.793 0.335
200712 0.298 82.911 0.414
200812 0.274 83.956 0.376
200906 0.000 83.615 0.000
200912 0.316 85.386 0.426
201006 0.328 85.886 0.440
201012 0.345 89.289 0.445
201106 0.360 91.612 0.453
201112 0.363 92.885 0.450
201206 0.375 93.495 0.462
201212 0.416 95.237 0.503
201306 0.405 95.984 0.486
201312 0.447 97.624 0.528
201406 0.431 98.200 0.506
201412 0.471 99.000 0.548
201506 0.532 99.500 0.616
201512 0.509 100.600 0.583
201606 0.517 101.400 0.587
201612 0.605 102.600 0.679
201706 0.533 103.100 0.596
201712 0.537 104.500 0.592
201806 0.556 104.900 0.611
201812 0.456 106.500 0.493
201906 0.529 107.700 0.566
201912 0.548 111.200 0.568
202006 0.550 110.400 0.574
202012 0.629 111.500 0.650
202106 0.666 111.769 0.687
202112 0.702 113.108 0.715
202206 0.705 114.558 0.709
202209 0.000 115.339 0.000
202212 0.688 115.116 0.689
202303 0.000 115.116 0.000
202306 0.718 114.558 0.722
202309 0.708 115.339 0.707
202312 0.746 114.781 0.749
202403 0.756 115.227 0.756

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


Sinotrans  (OTCPK:SNOTF) 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.

Sinotrans's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.48148/0.53
=0.91

* 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 Sinotrans was 1.07. The lowest was 0.64. And the median was 0.83.


Be Aware

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


Sinotrans Cyclically Adjusted Book per Share Related Terms

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


Sinotrans (Sinotrans) Business Description

Industry
Traded in Other Exchanges
Address
Building 10, No. 5 Anding Road, Sinotrans Building Tower B, Chaoyang District, Beijing, CHN, 100029
Sinotrans Ltd is an integrated logistics services company. The company organizes itself into three segments: forwarding and related business, logistics business, and e-commerce business. The forwarding and related business segment, which contributes the majority of revenue, includes providing services such as freight forwarding, warehousing, storage yards, container loading and, terminal services, among others. The logistics segment provides professional and customized logistics services. The E-commerce segment includes logistics solutions for import and export e-commerce customers.

Sinotrans (Sinotrans) Headlines

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