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Hongrun Construction Group Co (SZSE:002062) Cyclically Adjusted Book per Share : ¥3.20 (As of Mar. 2025)


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What is Hongrun Construction Group 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.

Hongrun Construction Group Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥4.075. 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 ¥3.20 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hongrun Construction Group Co's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Hongrun Construction Group Co was 10.50% per year. The lowest was 6.30% per year. And the median was 7.90% per year.

As of today (2025-06-02), Hongrun Construction Group Co's current stock price is ¥4.65. Hongrun Construction Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.20. Hongrun Construction Group Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hongrun Construction Group Co was 7.19. The lowest was 1.06. And the median was 1.93.


Hongrun Construction Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hongrun Construction Group 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.

Hongrun Construction Group Co Cyclically Adjusted Book per Share Chart

Hongrun Construction Group 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 2.45 2.62 2.82 2.98 3.15

Hongrun Construction Group 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 3.04 3.07 3.14 3.15 3.20

Competitive Comparison of Hongrun Construction Group Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Hongrun Construction Group 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.


Hongrun Construction Group Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hongrun Construction Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hongrun Construction Group 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, Hongrun Construction Group 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)
=4.075/115.1156*115.1156
=4.075

Current CPI (Mar. 2025) = 115.1156.

Hongrun Construction Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.062 99.500 2.386
201509 2.118 100.500 2.426
201512 2.165 100.600 2.477
201603 2.221 102.200 2.502
201606 2.179 101.400 2.474
201609 2.231 102.400 2.508
201612 2.294 102.600 2.574
201703 2.357 103.200 2.629
201706 2.353 103.100 2.627
201709 2.413 104.100 2.668
201712 2.491 104.500 2.744
201803 2.564 105.300 2.803
201806 2.584 104.900 2.836
201809 2.648 106.600 2.860
201812 2.698 106.500 2.916
201903 2.800 107.700 2.993
201906 2.757 107.700 2.947
201909 2.829 109.800 2.966
201912 2.916 111.200 3.019
202003 3.000 112.300 3.075
202006 3.009 110.400 3.138
202009 3.093 111.700 3.188
202012 3.242 111.500 3.347
202103 3.339 112.662 3.412
202106 3.281 111.769 3.379
202109 3.365 112.215 3.452
202112 3.485 113.108 3.547
202203 3.579 114.335 3.603
202206 3.632 114.558 3.650
202209 3.603 115.339 3.596
202212 3.726 115.116 3.726
202303 3.859 115.116 3.859
202306 3.791 114.558 3.809
202309 3.869 115.339 3.862
202312 3.941 114.781 3.952
202403 4.033 115.227 4.029
202406 3.961 114.781 3.973
202409 4.020 115.785 3.997
202412 3.998 114.893 4.006
202503 4.075 115.116 4.075

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


Hongrun Construction Group Co  (SZSE:002062) 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.

Hongrun Construction Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.65/3.20
=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 Hongrun Construction Group Co was 7.19. The lowest was 1.06. And the median was 1.93.


Be Aware

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


Hongrun Construction Group Co Cyclically Adjusted Book per Share Related Terms

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


Hongrun Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Longcao Road, Lane 200, Hongrun Builing, Xuhui District, Shanghai, CHN, 200235
Hongrun Construction Group Co Ltd is a company principally engaged in construction activities. It undertakes the construction of municipal roads and bridges, rail transit, underground space (underground integrated pipe gallery), housing construction, ecological and environmental protection projects, real estate development, infrastructure project investment and construction, and solar industry investment.
Executives
Zheng Hong Fang Director
He Xiu Yong Directors, executives
Yin Fang Da Director
Zheng En Hai Director
Yan Bang Ji Supervisors
Shi Jia Lai Supervisors
Li Jian Tong Director
Shen Gong Hao Supervisors
Li Wei Wu Supervisors
Mao Zhen Yong Supervisors
Gu Min Chun Director
Zhao Yu Fu Executives

Hongrun Construction Group Co Headlines

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