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An Hui Wenergy Co (SZSE:000543) Cyclically Adjusted Book per Share : ¥6.01 (As of Mar. 2024)


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What is An Hui Wenergy 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.

An Hui Wenergy Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥6.286. 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 ¥6.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, An Hui Wenergy Co's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 An Hui Wenergy Co was 11.10% per year. The lowest was 4.80% per year. And the median was 8.50% per year.

As of today (2024-06-13), An Hui Wenergy Co's current stock price is ¥8.71. An Hui Wenergy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.01. An Hui Wenergy Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of An Hui Wenergy Co was 3.86. The lowest was 0.66. And the median was 1.14.


An Hui Wenergy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for An Hui Wenergy 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.

An Hui Wenergy Co Cyclically Adjusted Book per Share Chart

An Hui Wenergy 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 4.91 5.16 5.48 5.78 5.94

An Hui Wenergy 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 5.82 5.84 5.93 5.94 6.01

Competitive Comparison of An Hui Wenergy Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, An Hui Wenergy 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.


An Hui Wenergy Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, An Hui Wenergy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where An Hui Wenergy Co's Cyclically Adjusted PB Ratio falls into.



An Hui Wenergy 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, An Hui Wenergy 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)
=6.286/115.2271*115.2271
=6.286

Current CPI (Mar. 2024) = 115.2271.

An Hui Wenergy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.788 98.200 4.445
201409 4.094 98.900 4.770
201412 4.934 99.000 5.743
201503 5.252 99.900 6.058
201506 5.473 99.500 6.338
201509 4.708 100.500 5.398
201512 5.087 100.600 5.827
201603 5.117 102.200 5.769
201606 4.841 101.400 5.501
201609 5.129 102.400 5.771
201612 6.154 102.600 6.911
201703 6.157 103.200 6.875
201706 5.874 103.100 6.565
201709 6.110 104.100 6.763
201712 5.661 104.500 6.242
201803 5.549 105.300 6.072
201806 5.343 104.900 5.869
201809 5.358 106.600 5.792
201812 5.471 106.500 5.919
201903 5.975 107.700 6.393
201906 5.913 107.700 6.326
201909 5.778 109.800 6.064
201912 5.949 111.200 6.164
202003 5.987 112.300 6.143
202006 5.973 110.400 6.234
202009 6.409 111.700 6.611
202012 6.392 111.500 6.606
202103 6.259 112.662 6.402
202106 6.120 111.769 6.309
202109 5.882 112.215 6.040
202112 5.497 113.108 5.600
202203 5.480 114.335 5.523
202206 5.466 114.558 5.498
202209 5.551 115.339 5.546
202212 6.315 115.116 6.321
202303 5.658 115.116 5.663
202306 5.810 114.558 5.844
202309 6.197 115.339 6.191
202312 6.109 114.781 6.133
202403 6.286 115.227 6.286

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


An Hui Wenergy Co  (SZSE:000543) 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.

An Hui Wenergy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.71/6.01
=1.45

* 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 An Hui Wenergy Co was 3.86. The lowest was 0.66. And the median was 1.14.


Be Aware

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


An Hui Wenergy Co Cyclically Adjusted Book per Share Related Terms

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


An Hui Wenergy Co (SZSE:000543) Business Description

Traded in Other Exchanges
N/A
Address
No. 76, Ma On Shan Road, Hefei, Anhui, CHN, 230011
An Hui Wenergy Co Ltd operates in electricity, heat production, and supply industry. The company is engaged in fundraising and investment management of provincial level power, natural gas, and other energy construction. The firm also carries out capital operation for construction projects.
Executives
Zhu Zhao Ming Director

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