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China Shenhua Energy Co (STU:IKF) Cyclically Adjusted Book per Share : €1.66 (As of Mar. 2024)


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What is China Shenhua Energy 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.

China Shenhua Energy Co's adjusted book value per share for the three months ended in Mar. 2024 was €2.742. 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 €1.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Shenhua Energy Co's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 China Shenhua Energy Co was 8.30% per year. The lowest was 3.90% per year. And the median was 6.55% per year.

As of today (2024-05-26), China Shenhua Energy Co's current stock price is €4.19. China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.66. China Shenhua Energy Co's Cyclically Adjusted PB Ratio of today is 2.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Shenhua Energy Co was 2.30. The lowest was 0.93. And the median was 1.39.


China Shenhua Energy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted Book per Share Chart

China Shenhua Energy 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 1.55 1.32 1.51 1.70 1.74

China Shenhua Energy 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 1.86 1.59 1.73 1.74 1.66

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Cyclically Adjusted PB Ratio falls into.



China Shenhua Energy 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, China Shenhua Energy 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)
=2.742/115.2271*115.2271
=2.742

Current CPI (Mar. 2024) = 115.2271.

China Shenhua Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.648 98.200 1.934
201409 1.816 98.900 2.116
201412 1.945 99.000 2.264
201503 2.219 99.900 2.559
201506 2.095 99.500 2.426
201509 2.080 100.500 2.385
201512 2.095 100.600 2.400
201603 2.067 102.200 2.330
201606 2.022 101.400 2.298
201609 2.054 102.400 2.311
201612 2.151 102.600 2.416
201703 2.220 103.200 2.479
201706 1.841 103.100 2.058
201709 1.877 104.100 2.078
201712 1.943 104.500 2.142
201803 2.024 105.300 2.215
201806 2.051 104.900 2.253
201809 2.017 106.600 2.180
201812 2.104 106.500 2.276
201903 2.259 107.700 2.417
201906 2.160 107.700 2.311
201909 2.226 109.800 2.336
201912 2.271 111.200 2.353
202003 2.346 112.300 2.407
202006 2.190 110.400 2.286
202009 2.245 111.700 2.316
202012 2.276 111.500 2.352
202103 2.417 112.662 2.472
202106 2.283 111.769 2.354
202109 2.429 112.215 2.494
202112 2.634 113.108 2.683
202203 2.860 114.335 2.882
202206 2.627 114.558 2.642
202209 2.824 115.339 2.821
202212 2.684 115.116 2.687
202303 2.834 115.116 2.837
202306 2.471 114.558 2.485
202309 2.565 115.339 2.563
202312 2.642 114.781 2.652
202403 2.742 115.227 2.742

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


China Shenhua Energy Co  (STU:IKF) 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.

China Shenhua Energy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.19/1.66
=2.52

* 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 China Shenhua Energy Co was 2.30. The lowest was 0.93. And the median was 1.39.


Be Aware

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


China Shenhua Energy Co Cyclically Adjusted Book per Share Related Terms

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


China Shenhua Energy Co (STU:IKF) Business Description

Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

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