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Daqo New Energy (STU:5DQ2) Cyclically Adjusted Book per Share : €24.61 (As of Mar. 2025)


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What is Daqo New Energy 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.

Daqo New Energy's adjusted book value per share for the three months ended in Mar. 2025 was €59.718. 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 €24.61 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Daqo New Energy's average Cyclically Adjusted Book Growth Rate was 29.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 44.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 31.60% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Daqo New Energy was 44.60% per year. The lowest was 7.50% per year. And the median was 29.30% per year.

As of today (2025-07-17), Daqo New Energy's current stock price is €16.90. Daqo New Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €24.61. Daqo New Energy's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daqo New Energy was 16.76. The lowest was 0.48. And the median was 1.93.


Daqo New Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daqo New Energy'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.

Daqo New Energy Cyclically Adjusted Book per Share Chart

Daqo New Energy 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 5.80 6.91 12.10 16.99 24.46

Daqo New Energy 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 18.94 21.75 21.73 24.46 24.61

Competitive Comparison of Daqo New Energy's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.


Daqo New Energy's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Daqo New Energy 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, Daqo New Energy's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=59.718/115.1156*115.1156
=59.718

Current CPI (Mar. 2025) = 115.1156.

Daqo New Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.733 99.500 5.476
201509 4.015 100.500 4.599
201512 4.230 100.600 4.840
201603 4.340 102.200 4.888
201606 4.514 101.400 5.125
201609 4.676 102.400 5.257
201612 4.869 102.600 5.463
201703 5.263 103.200 5.871
201706 5.320 103.100 5.940
201709 5.358 104.100 5.925
201712 6.109 104.500 6.730
201803 6.554 105.300 7.165
201806 7.189 104.900 7.889
201809 6.550 106.600 7.073
201812 6.951 106.500 7.513
201903 7.320 107.700 7.824
201906 7.189 107.700 7.684
201909 6.899 109.800 7.233
201912 7.340 111.200 7.598
202003 7.744 112.300 7.938
202006 7.703 110.400 8.032
202009 7.656 111.700 7.890
202012 8.632 111.500 8.912
202103 9.709 112.662 9.920
202106 12.379 111.769 12.750
202109 22.706 112.215 23.293
202112 25.680 113.108 26.136
202203 32.976 114.335 33.201
202206 51.100 114.558 51.349
202209 55.351 115.339 55.244
202212 58.029 115.116 58.029
202303 61.208 115.116 61.208
202306 58.134 114.558 58.417
202309 67.443 115.339 67.313
202312 66.403 114.781 66.597
202403 65.984 115.227 65.920
202406 64.886 114.781 65.075
202409 63.518 115.785 63.151
202412 62.394 114.893 62.515
202503 59.718 115.116 59.718

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


Daqo New Energy  (STU:5DQ2) 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.

Daqo New Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.90/24.61
=0.69

* 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 Daqo New Energy was 16.76. The lowest was 0.48. And the median was 1.93.


Be Aware

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


Daqo New Energy Cyclically Adjusted Book per Share Related Terms

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


Daqo New Energy Business Description

Industry
Traded in Other Exchanges
Address
No. 838 Zhangyang Road, 29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The polysilicon is packaged to meet crucible stacking, pulling, and solidification needs. All of the company's revenues come from the People's Republic of China.

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