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Unisplendour (SZSE:000938) Cyclically Adjusted Book per Share : ¥9.30 (As of Mar. 2025)


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What is Unisplendour 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.

Unisplendour's adjusted book value per share for the three months ended in Mar. 2025 was ¥4.784. 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 ¥9.30 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Unisplendour's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 19.80% 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 Unisplendour was 27.30% per year. The lowest was 7.70% per year. And the median was 15.90% per year.

As of today (2025-06-02), Unisplendour's current stock price is ¥24.03. Unisplendour's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥9.30. Unisplendour's Cyclically Adjusted PB Ratio of today is 2.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Unisplendour was 24.62. The lowest was 1.74. And the median was 4.49.


Unisplendour Cyclically Adjusted Book per Share Historical Data

The historical data trend for Unisplendour'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.

Unisplendour Cyclically Adjusted Book per Share Chart

Unisplendour 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 5.87 6.81 7.83 8.76 9.28

Unisplendour 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 9.04 9.22 9.33 9.28 9.30

Competitive Comparison of Unisplendour's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Unisplendour'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.


Unisplendour's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Unisplendour 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, Unisplendour'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)
=4.784/115.1156*115.1156
=4.784

Current CPI (Mar. 2025) = 115.1156.

Unisplendour Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.000 99.500 4.628
201509 3.592 100.500 4.114
201512 4.217 100.600 4.825
201603 0.693 102.200 0.781
201606 8.238 101.400 9.352
201609 8.334 102.400 9.369
201612 8.323 102.600 9.338
201703 8.416 103.200 9.388
201706 8.518 103.100 9.511
201709 8.630 104.100 9.543
201712 8.805 104.500 9.699
201803 8.887 105.300 9.715
201806 8.962 104.900 9.835
201809 9.104 106.600 9.831
201812 9.288 106.500 10.039
201903 9.417 107.700 10.065
201906 9.506 107.700 10.161
201909 9.649 109.800 10.116
201912 9.854 111.200 10.201
202003 9.945 112.300 10.194
202006 10.058 110.400 10.488
202009 10.187 111.700 10.499
202012 9.883 111.500 10.203
202103 9.933 112.662 10.149
202106 10.060 111.769 10.361
202109 10.296 112.215 10.562
202112 10.475 113.108 10.661
202203 10.605 114.335 10.677
202206 10.714 114.558 10.766
202209 10.958 115.339 10.937
202212 11.133 115.116 11.133
202303 11.285 115.116 11.285
202306 11.491 114.558 11.547
202309 11.672 115.339 11.649
202312 11.869 114.781 11.904
202403 12.014 115.227 12.002
202406 12.089 114.781 12.124
202409 4.724 115.785 4.697
202412 4.661 114.893 4.670
202503 4.784 115.116 4.784

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


Unisplendour  (SZSE:000938) 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.

Unisplendour's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.03/9.30
=2.58

* 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 Unisplendour was 24.62. The lowest was 1.74. And the median was 4.49.


Be Aware

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


Unisplendour Cyclically Adjusted Book per Share Related Terms

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


Unisplendour Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tsinghua University, Ziguang Building, Haidian District, Beijing, CHN, 100084
Unisplendour Corp Ltd is engaged in Computer business with scanner as the core, software development and sales business, etc.
Executives
Wang Xin Xin Independent director
Kang Xu Fang Supervisors
Wang Yi Qun Executives

Unisplendour Headlines

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