GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mesnac Co Ltd (SZSE:002073) » Definitions » Cyclically Adjusted Book per Share

Mesnac Co (SZSE:002073) Cyclically Adjusted Book per Share : ¥5.20 (As of Mar. 2025)


View and export this data going back to 2006. Start your Free Trial

What is Mesnac 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.

Mesnac Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥5.915. 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 ¥5.20 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mesnac Co's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Mesnac Co was 12.20% per year. The lowest was 0.50% per year. And the median was 4.80% per year.

As of today (2025-04-29), Mesnac Co's current stock price is ¥7.90. Mesnac Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.20. Mesnac Co's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mesnac Co was 9.01. The lowest was 0.76. And the median was 1.35.


Mesnac Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mesnac 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.

Mesnac Co Cyclically Adjusted Book per Share Chart

Mesnac 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 5.02 5.10 5.18 5.16 5.18

Mesnac 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 5.18 5.16 5.21 5.18 5.20

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

For the Specialty Industrial Machinery subindustry, Mesnac 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.


Mesnac Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mesnac Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Mesnac 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, Mesnac 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)
=5.915/115.1156*115.1156
=5.915

Current CPI (Mar. 2025) = 115.1156.

Mesnac Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.688 99.500 6.581
201509 5.031 100.500 5.763
201512 5.215 100.600 5.967
201603 5.091 102.200 5.734
201606 5.083 101.400 5.771
201609 4.348 102.400 4.888
201612 4.883 102.600 5.479
201703 4.869 103.200 5.431
201706 4.893 103.100 5.463
201709 4.915 104.100 5.435
201712 4.901 104.500 5.399
201803 4.916 105.300 5.374
201806 4.970 104.900 5.454
201809 4.995 106.600 5.394
201812 4.577 106.500 4.947
201903 4.596 107.700 4.912
201906 4.648 107.700 4.968
201909 4.630 109.800 4.854
201912 4.511 111.200 4.670
202003 4.544 112.300 4.658
202006 4.601 110.400 4.798
202009 4.620 111.700 4.761
202012 4.568 111.500 4.716
202103 4.580 112.662 4.680
202106 4.606 111.769 4.744
202109 4.555 112.215 4.673
202112 4.670 113.108 4.753
202203 4.702 114.335 4.734
202206 4.763 114.558 4.786
202209 4.846 115.339 4.837
202212 4.962 115.116 4.962
202303 5.026 115.116 5.026
202306 5.091 114.558 5.116
202309 5.039 115.339 5.029
202312 5.225 114.781 5.240
202403 5.313 115.227 5.308
202406 5.375 114.781 5.391
202409 5.550 115.785 5.518
202412 5.825 114.893 5.836
202503 5.915 115.116 5.915

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


Mesnac Co  (SZSE:002073) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.90/5.20
=1.52

* 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 Mesnac Co was 9.01. The lowest was 0.76. And the median was 1.35.


Be Aware

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


Mesnac Co Cyclically Adjusted Book per Share Related Terms

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


Mesnac Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 43 Zhengzhou Road, Qingdao, CHN, 266042
Mesnac Co Ltd is a Chinese company mainly engaged in the development of industrial intelligence and provides integrated informationalized software and equipment for rubber companies. It also operates in the field of automation logistics, Internet of Things, chemical industrial equipment, and new rubber material. The company's product portfolio consists of mixing systems, curing and molding systems, PCR molds, TBR molds, OTR molds, tire building products, material conveying and dosing systems, and others. The company offers its products internationally.
Executives
Yuan Zhong Xue Director
Zhang Jun Feng Director
Yang Dian Cai Executives
Zheng Jiang Jia Executives
Long Jin Jun Executives
Lu Li Na Directors, Directors, and Executives
Liu Feng Executives
Mao Yan Feng Executives
Sun Lin Executives
Zhang Yan Secretary, Director
Wang Jin Jian Executives
Wang Jian She Director
Li Zhi Hua Director
Zhang Wen Jun Executives

Mesnac Co Headlines

No Headlines