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Infotmic Co (SZSE:000670) Cyclically Adjusted Book per Share : ¥0.38 (As of Mar. 2024)


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What is Infotmic 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.

Infotmic Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥0.045. 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 ¥0.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Infotmic Co's average Cyclically Adjusted Book Growth Rate was -7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.10% 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 Infotmic Co was 8.30% per year. The lowest was -17.70% per year. And the median was -4.60% per year.

As of today (2024-06-19), Infotmic Co's current stock price is ¥4.86. Infotmic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥0.38. Infotmic Co's Cyclically Adjusted PB Ratio of today is 12.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Infotmic Co was 60.47. The lowest was 3.85. And the median was 12.94.


Infotmic Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Infotmic 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.

Infotmic Co Cyclically Adjusted Book per Share Chart

Infotmic 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 0.47 0.45 0.43 0.41 0.39

Infotmic 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 0.41 0.40 0.39 0.39 0.38

Competitive Comparison of Infotmic Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Infotmic 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.


Infotmic Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Infotmic 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, Infotmic 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)
=0.045/115.2271*115.2271
=0.045

Current CPI (Mar. 2024) = 115.2271.

Infotmic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.596 98.200 0.699
201409 0.577 98.900 0.672
201412 0.606 99.000 0.705
201503 0.612 99.900 0.706
201506 0.632 99.500 0.732
201509 0.639 100.500 0.733
201512 0.661 100.600 0.757
201603 0.709 102.200 0.799
201606 0.846 101.400 0.961
201609 0.851 102.400 0.958
201612 0.840 102.600 0.943
201703 0.875 103.200 0.977
201706 0.869 103.100 0.971
201709 0.835 104.100 0.924
201712 0.445 104.500 0.491
201803 0.429 105.300 0.469
201806 0.399 104.900 0.438
201809 0.390 106.600 0.422
201812 0.242 106.500 0.262
201903 0.213 107.700 0.228
201906 0.194 107.700 0.208
201909 0.183 109.800 0.192
201912 -0.029 111.200 -0.030
202003 -0.032 112.300 -0.033
202006 -0.013 110.400 -0.014
202009 0.000 111.700 0.000
202012 0.019 111.500 0.020
202103 0.032 112.662 0.033
202106 0.028 111.769 0.029
202109 0.037 112.215 0.038
202112 0.040 113.108 0.041
202203 0.052 114.335 0.052
202206 0.067 114.558 0.067
202209 0.085 115.339 0.085
202212 0.101 115.116 0.101
202303 0.090 115.116 0.090
202306 0.082 114.558 0.082
202309 0.072 115.339 0.072
202312 0.044 114.781 0.044
202403 0.045 115.227 0.045

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


Infotmic Co  (SZSE:000670) 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.

Infotmic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.86/0.38
=12.79

* 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 Infotmic Co was 60.47. The lowest was 3.85. And the median was 12.94.


Be Aware

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


Infotmic Co Cyclically Adjusted Book per Share Related Terms

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


Infotmic Co (SZSE:000670) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 4, Lane 500, Shengxia Road, 2nd Floor, Zhangjiang Hi-Tech Park, Jingzhou, CHN
Infotmic Co Ltd is a China-based company engaged in the manufacturing of computer and communications equipment. The product portfolio of the company includes chips such as application processer, Beidou positioning chip, image processor and other chips, Image terminal, products, Intelligent terminal products, commercial equipment and other products. The company is also involved in the field of intelligent system operation by integrating mobile Internet, Internet of Things, Beidou system, intelligent terminal and back-end big data to provide system services such as smart city, data operation, digital ranch and smart home.
Executives
Li Shi Wei Directors, executives
Chen Yan Biao Director
Ding Qiang Supervisors
Chen Zhi Cheng Directors, executives
Tang Zhong Min Director

Infotmic Co (SZSE:000670) Headlines

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