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GCL Energy Technology Co (SZSE:002015) Cyclically Adjusted Book per Share : ¥3.44 (As of Sep. 2024)


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What is GCL Energy Technology 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.

GCL Energy Technology Co's adjusted book value per share for the three months ended in Sep. 2024 was ¥7.229. 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 ¥3.44 for the trailing ten years ended in Sep. 2024.

During the past 12 months, GCL Energy Technology Co's average Cyclically Adjusted Book Growth Rate was 22.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 GCL Energy Technology Co was 10.40% per year. The lowest was -4.80% per year. And the median was 1.70% per year.

As of today (2025-01-19), GCL Energy Technology Co's current stock price is ¥7.26. GCL Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥3.44. GCL Energy Technology Co's Cyclically Adjusted PB Ratio of today is 2.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GCL Energy Technology Co was 8.89. The lowest was 1.97. And the median was 4.02.


GCL Energy Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for GCL Energy Technology 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.

GCL Energy Technology Co Cyclically Adjusted Book per Share Chart

GCL Energy Technology 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 2.07 2.18 2.28 2.58 2.93

GCL Energy Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.82 2.93 3.08 3.22 3.44

Competitive Comparison of GCL Energy Technology Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, GCL Energy Technology 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.


GCL Energy Technology Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, GCL Energy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GCL Energy Technology 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, GCL Energy Technology Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.229/115.7848*115.7848
=7.229

Current CPI (Sep. 2024) = 115.7848.

GCL Energy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 -2.738 99.000 -3.202
201503 -1.677 99.900 -1.944
201506 0.875 99.500 1.018
201509 0.777 100.500 0.895
201512 0.822 100.600 0.946
201603 0.819 102.200 0.928
201606 0.785 101.400 0.896
201609 0.755 102.400 0.854
201612 0.723 102.600 0.816
201703 0.707 103.200 0.793
201706 0.698 103.100 0.784
201709 0.752 104.100 0.836
201712 0.742 104.500 0.822
201803 0.734 105.300 0.807
201806 0.743 104.900 0.820
201809 1.325 106.600 1.439
201812 9.149 106.500 9.947
201903 0.391 107.700 0.420
201906 3.157 107.700 3.394
201909 3.480 109.800 3.670
201912 3.573 111.200 3.720
202003 3.621 112.300 3.733
202006 3.862 110.400 4.050
202009 4.097 111.700 4.247
202012 4.437 111.500 4.608
202103 4.349 112.662 4.470
202106 4.422 111.769 4.581
202109 4.436 112.215 4.577
202112 4.603 113.108 4.712
202203 6.225 114.335 6.304
202206 6.151 114.558 6.217
202209 6.308 115.339 6.332
202212 6.682 115.116 6.721
202303 6.501 115.116 6.539
202306 6.603 114.558 6.674
202309 6.621 115.339 6.647
202312 6.761 114.781 6.820
202403 7.170 115.227 7.205
202406 7.170 114.781 7.233
202409 7.229 115.785 7.229

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


GCL Energy Technology Co  (SZSE:002015) 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.

GCL Energy Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.26/3.44
=2.11

* 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 GCL Energy Technology Co was 8.89. The lowest was 1.97. And the median was 4.02.


Be Aware

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


GCL Energy Technology Co Cyclically Adjusted Book per Share Related Terms

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


GCL Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Mazhen East Street, Xuxiake Town, Jiangsu Province, Jiangyin, CHN, 215000
GCL Energy Technology Co Ltd is a mobile energy service provider in China. The group focuses on three major businesses namely integrated solutions for battery swapping stations, battery swapping station operation and energy services, and battery cascade utilization to create an efficient, economical and green travel ecology.
Executives
Chu Jian Jian Director
Deng Bing Directors, executives
Chen Jian Zhong Directors, executives
Wu Yu Xing Executives
Sun Yin Long Director
Fan Wen Hua Supervisors

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