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Cosmos Group Co (SZSE:002133) Cyclically Adjusted Book per Share : ¥4.56 (As of Jun. 2024)


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What is Cosmos 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.

Cosmos Group Co's adjusted book value per share for the three months ended in Jun. 2024 was ¥4.990. 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 ¥4.56 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Cosmos Group Co's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Cosmos Group Co was 8.60% per year. The lowest was 5.00% per year. And the median was 7.25% per year.

As of today (2024-09-21), Cosmos Group Co's current stock price is ¥2.13. Cosmos Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ¥4.56. Cosmos Group Co's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cosmos Group Co was 3.98. The lowest was 0.44. And the median was 0.90.


Cosmos Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cosmos 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.

Cosmos Group Co Cyclically Adjusted Book per Share Chart

Cosmos Group 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 3.70 3.88 4.13 4.37 4.49

Cosmos Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.42 4.48 4.49 4.54 4.56

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

For the Real Estate - Development subindustry, Cosmos 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.


Cosmos Group Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cosmos Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cosmos 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, Cosmos Group Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.99/114.7809*114.7809
=4.990

Current CPI (Jun. 2024) = 114.7809.

Cosmos Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.563 98.900 2.975
201412 3.684 99.000 4.271
201503 3.685 99.900 4.234
201506 3.601 99.500 4.154
201509 3.558 100.500 4.064
201512 3.521 100.600 4.017
201603 3.521 102.200 3.954
201606 3.639 101.400 4.119
201609 3.648 102.400 4.089
201612 3.643 102.600 4.076
201703 3.669 103.200 4.081
201706 3.642 103.100 4.055
201709 3.729 104.100 4.112
201712 3.809 104.500 4.184
201803 4.078 105.300 4.445
201806 4.074 104.900 4.458
201809 4.150 106.600 4.468
201812 4.170 106.500 4.494
201903 4.165 107.700 4.439
201906 4.324 107.700 4.608
201909 4.373 109.800 4.571
201912 4.402 111.200 4.544
202003 4.416 112.300 4.514
202006 4.387 110.400 4.561
202009 4.506 111.700 4.630
202012 4.702 111.500 4.840
202103 4.722 112.662 4.811
202106 4.851 111.769 4.982
202109 4.857 112.215 4.968
202112 5.043 113.108 5.118
202203 5.100 114.335 5.120
202206 5.103 114.558 5.113
202209 5.170 115.339 5.145
202212 5.147 115.116 5.132
202303 5.247 115.116 5.232
202306 5.186 114.558 5.196
202309 5.273 115.339 5.247
202312 5.119 114.781 5.119
202403 5.123 115.227 5.103
202406 4.990 114.781 4.990

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


Cosmos Group Co  (SZSE:002133) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.13/4.56
=0.47

* 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 Cosmos Group Co was 3.98. The lowest was 0.44. And the median was 0.90.


Be Aware

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


Cosmos Group Co Cyclically Adjusted Book per Share Related Terms

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


Cosmos Group Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8 Pinghai Road, Hangzhou, Zhejiang, CHN, 310006
Cosmos Group Co Ltd is primarily engaged in real estate development and commercial residential building distribution in China. It develops and distributes small and middle residential properties. The company is also engaged in property management and leasing businesses.
Executives
Wang Yi Lei Director
Jiang Li Xiong Directors, executives
Chen Lian Yong Executives
Hu Jian Chao Executives
Hu Wei Hua Director
Liao Wei Hua Executives
Wang He Ming Director
Zhang Jin Tu Directors, executives
Jing Lin Bo Director
Cao Cheng Peng Securities Affairs Representative
Cheng Da Tao Directors, executives
Huang Ji Min Supervisors

Cosmos Group Co Headlines

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