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CNFC Overseas Fisheries Co (SZSE:000798) Cyclically Adjusted Book per Share : ¥2.24 (As of Mar. 2025)


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What is CNFC Overseas Fisheries 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.

CNFC Overseas Fisheries Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥0.936. 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 ¥2.24 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CNFC Overseas Fisheries Co's average Cyclically Adjusted Book Growth Rate was -7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.60% 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 CNFC Overseas Fisheries Co was 4.20% per year. The lowest was -2.40% per year. And the median was 1.65% per year.

As of today (2025-06-01), CNFC Overseas Fisheries Co's current stock price is ¥7.18. CNFC Overseas Fisheries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.24. CNFC Overseas Fisheries Co's Cyclically Adjusted PB Ratio of today is 3.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CNFC Overseas Fisheries Co was 9.59. The lowest was 1.93. And the median was 3.36.


CNFC Overseas Fisheries Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CNFC Overseas Fisheries 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.

CNFC Overseas Fisheries Co Cyclically Adjusted Book per Share Chart

CNFC Overseas Fisheries Co 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 2.51 2.46 2.55 2.46 2.29

CNFC Overseas Fisheries Co 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 2.43 2.38 2.36 2.29 2.24

Competitive Comparison of CNFC Overseas Fisheries Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, CNFC Overseas Fisheries 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.


CNFC Overseas Fisheries Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CNFC Overseas Fisheries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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CNFC Overseas Fisheries 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, CNFC Overseas Fisheries Co'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)
=0.936/115.1156*115.1156
=0.936

Current CPI (Mar. 2025) = 115.1156.

CNFC Overseas Fisheries Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.653 99.500 3.069
201509 2.627 100.500 3.009
201512 1.748 100.600 2.000
201603 1.808 102.200 2.036
201606 1.673 101.400 1.899
201609 1.652 102.400 1.857
201612 2.500 102.600 2.805
201703 1.960 103.200 2.186
201706 2.213 103.100 2.471
201709 2.459 104.100 2.719
201712 2.156 104.500 2.375
201803 2.213 105.300 2.419
201806 2.150 104.900 2.359
201809 2.343 106.600 2.530
201812 2.321 106.500 2.509
201903 2.250 107.700 2.405
201906 2.178 107.700 2.328
201909 2.355 109.800 2.469
201912 2.393 111.200 2.477
202003 2.354 112.300 2.413
202006 2.259 110.400 2.355
202009 2.218 111.700 2.286
202012 1.905 111.500 1.967
202103 1.847 112.662 1.887
202106 1.917 111.769 1.974
202109 1.819 112.215 1.866
202112 1.631 113.108 1.660
202203 1.390 114.335 1.399
202206 2.634 114.558 2.647
202209 2.641 115.339 2.636
202212 6.487 115.116 6.487
202303 2.474 115.116 2.474
202306 2.652 114.558 2.665
202309 1.687 115.339 1.684
202312 1.247 114.781 1.251
202403 1.192 115.227 1.191
202406 1.446 114.781 1.450
202409 1.339 115.785 1.331
202412 0.988 114.893 0.990
202503 0.936 115.116 0.936

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


CNFC Overseas Fisheries Co  (SZSE:000798) 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.

CNFC Overseas Fisheries Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.18/2.24
=3.21

* 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 CNFC Overseas Fisheries Co was 9.59. The lowest was 1.93. And the median was 3.36.


Be Aware

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


CNFC Overseas Fisheries Co Cyclically Adjusted Book per Share Related Terms

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CNFC Overseas Fisheries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Minfeng Hutong, Xicheng District, 6th Floor, Zhongshui Building, Beijing, CHN, 100032
CNFC Overseas Fisheries Co Ltd is a China-based company mainly engaged in distant water fishing operation and international economic and trading cooperation. It owns various ocean-going fishing vessels and carries out fishing operations in the Pacific Ocean, Indian Ocean, and the Atlantic Ocean. Its product offerings include squid from Argentina and Peru, saury, tuna, and by-catches as well as associated processed marine products. The company is also engaged in aquatic products trading, ship repair, import and export of fishing machinery, gears, other related equipment, and supplies.
Executives
Wang Zhong Yao Executives
Zhang Guang Hua Executives
Zong Wen Feng Director
Zhang San Jie Executives
Chen Ming Secretary Dong
Wang Xiao Xia Executives
Hu Shi Bao Directors, executives
Jing Chun De Executives
Tong Zhong Heng Executives
Deng Rong Cheng Executives

CNFC Overseas Fisheries Co Headlines

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