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Lianhe Chemical Technology Co (SZSE:002250) Cyclically Adjusted Book per Share : ¥6.70 (As of Mar. 2025)


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What is Lianhe Chemical 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.

Lianhe Chemical Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥7.051. 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 ¥6.70 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lianhe Chemical Technology Co's average Cyclically Adjusted Book Growth Rate was 3.60% 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 8.20% 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 Lianhe Chemical Technology Co was 17.30% per year. The lowest was 6.30% per year. And the median was 11.75% per year.

As of today (2025-05-22), Lianhe Chemical Technology Co's current stock price is ¥6.33. Lianhe Chemical Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.70. Lianhe Chemical Technology Co's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lianhe Chemical Technology Co was 6.58. The lowest was 0.70. And the median was 3.05.


Lianhe Chemical Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lianhe Chemical 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.

Lianhe Chemical Technology Co Cyclically Adjusted Book per Share Chart

Lianhe Chemical Technology 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 5.53 6.04 6.38 6.64

Lianhe Chemical Technology 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 6.47 6.51 6.63 6.64 6.70

Competitive Comparison of Lianhe Chemical Technology Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Lianhe Chemical 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.


Lianhe Chemical Technology Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lianhe Chemical Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lianhe Chemical 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, Lianhe Chemical Technology 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)
=7.051/115.1156*115.1156
=7.051

Current CPI (Mar. 2025) = 115.1156.

Lianhe Chemical Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.745 99.500 5.490
201509 4.794 100.500 5.491
201512 4.957 100.600 5.672
201603 5.090 102.200 5.733
201606 5.144 101.400 5.840
201609 5.143 102.400 5.782
201612 5.212 102.600 5.848
201703 6.112 103.200 6.818
201706 5.978 103.100 6.675
201709 6.002 104.100 6.637
201712 6.082 104.500 6.700
201803 6.144 105.300 6.717
201806 6.065 104.900 6.656
201809 6.115 106.600 6.603
201812 6.141 106.500 6.638
201903 6.327 107.700 6.763
201906 6.400 107.700 6.841
201909 6.484 109.800 6.798
201912 6.392 111.200 6.617
202003 6.347 112.300 6.506
202006 6.507 110.400 6.785
202009 6.638 111.700 6.841
202012 6.529 111.500 6.741
202103 6.622 112.662 6.766
202106 6.684 111.769 6.884
202109 6.776 112.215 6.951
202112 6.825 113.108 6.946
202203 6.925 114.335 6.972
202206 7.029 114.558 7.063
202209 7.200 115.339 7.186
202212 7.529 115.116 7.529
202303 7.602 115.116 7.602
202306 7.509 114.558 7.546
202309 7.398 115.339 7.384
202312 6.977 114.781 6.997
202403 6.904 115.227 6.897
202406 6.903 114.781 6.923
202409 7.001 115.785 6.961
202412 7.104 114.893 7.118
202503 7.051 115.116 7.051

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


Lianhe Chemical Technology Co  (SZSE:002250) 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.

Lianhe Chemical Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.33/6.70
=0.94

* 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 Lianhe Chemical Technology Co was 6.58. The lowest was 0.70. And the median was 3.05.


Be Aware

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


Lianhe Chemical Technology Co Cyclically Adjusted Book per Share Related Terms

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


Lianhe Chemical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Wangxi Road, Huangyan District, Taizhou, Zhejiang, CHN, 318020
Lianhe Chemical Technology Co Ltd operates in chemical raw materials and chemical manufacturing industry. The company is engaged in providing chemical and technical solutions to areas of pesticides, pharmaceuticals, functional chemicals, and equipment and engineering.
Executives
Fan Xiao Bin Directors, executives
Chen Fei Biao Directors, executives
Feng Yu Hai Supervisors
Peng Yin Sheng Director
Ren An Li Securities Affairs Representative
Yu Zhen Ying Supervisors
Mou Jin Xiang Director
Zhou Wei Cheng Independent director
Zhang You Zhi Director
He Chun Executives
Zhang Xian Gui Executives
Ye Cai Qun Securities Affairs Representative
Ye Yuan Ming Executives
Bao Zhen Yong Directors, executives, securities affairs represen
Zheng Xian Ping Executives

Lianhe Chemical Technology Co Headlines

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