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Accelink Technologies Co (SZSE:002281) Cyclically Adjusted Book per Share : ¥6.67 (As of Mar. 2024)


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What is Accelink Technologies 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.

Accelink Technologies Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥10.759. 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 ¥6.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Accelink Technologies Co's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 Accelink Technologies Co was 12.50% per year. The lowest was 11.60% per year. And the median was 12.05% per year.

As of today (2024-05-24), Accelink Technologies Co's current stock price is ¥34.40. Accelink Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.67. Accelink Technologies Co's Cyclically Adjusted PB Ratio of today is 5.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Accelink Technologies Co was 10.17. The lowest was 2.66. And the median was 6.15.


Accelink Technologies Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Accelink Technologies 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.

Accelink Technologies Co Cyclically Adjusted Book per Share Chart

Accelink Technologies 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 4.18 4.62 5.17 5.81 6.46

Accelink Technologies Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.97 6.10 6.31 6.46 6.67

Competitive Comparison of Accelink Technologies Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Accelink Technologies 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.


Accelink Technologies Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Accelink Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Accelink Technologies 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, Accelink Technologies Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.759/115.2271*115.2271
=10.759

Current CPI (Mar. 2024) = 115.2271.

Accelink Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.086 98.200 3.621
201409 4.233 98.900 4.932
201412 3.893 99.000 4.531
201503 4.038 99.900 4.658
201506 3.997 99.500 4.629
201509 4.102 100.500 4.703
201512 4.218 100.600 4.831
201603 4.347 102.200 4.901
201606 4.304 101.400 4.891
201609 4.404 102.400 4.956
201612 4.506 102.600 5.061
201703 4.664 103.200 5.208
201706 4.632 103.100 5.177
201709 4.759 104.100 5.268
201712 4.919 104.500 5.424
201803 4.905 105.300 5.367
201806 4.856 104.900 5.334
201809 5.085 106.600 5.497
201812 5.243 106.500 5.673
201903 5.340 107.700 5.713
201906 6.301 107.700 6.741
201909 6.504 109.800 6.825
201912 6.661 111.200 6.902
202003 6.672 112.300 6.846
202006 6.936 110.400 7.239
202009 7.011 111.700 7.232
202012 7.196 111.500 7.437
202103 7.496 112.662 7.667
202106 7.595 111.769 7.830
202109 7.828 112.215 8.038
202112 7.923 113.108 8.071
202203 8.221 114.335 8.285
202206 8.314 114.558 8.363
202209 8.594 115.339 8.586
202212 8.764 115.116 8.772
202303 9.924 115.116 9.934
202306 9.817 114.558 9.874
202309 10.174 115.339 10.164
202312 10.628 114.781 10.669
202403 10.759 115.227 10.759

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


Accelink Technologies Co  (SZSE:002281) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.40/6.67
=5.16

* 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 Accelink Technologies Co was 10.17. The lowest was 2.66. And the median was 6.15.


Be Aware

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


Accelink Technologies Co Cyclically Adjusted Book per Share Related Terms

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


Accelink Technologies Co (SZSE:002281) Business Description

Traded in Other Exchanges
N/A
Address
1 Tanhu Road, Canglongdao Development Zone, Jiangxia Dist, Wuhan, CHN, 430205
Accelink Technologies Co Ltd is an optoelectronic device company in China. Its develop optoelectronic devices. Its main products include optical amplifiers, wavelength division multiplexers, optical switches, optical fiber couplers, and optical fiber connectors, among others.
Executives
Xu Yong Executives
Wu Hai Bo Director
Lv Xiang Dong Executives
Mao Hao Directors, executives
Lei Xin Sheng Director
Yu Shao Hua Director
Jin Zheng Wang Directors, executives
Hu Guang Wen Directors, executives
Huang Xuan Ze Executives
Bi Mei Executives
Hu Qiang Gao Executives
Yu Xiang Hong Executives
Xia Cun Hai Director
Liu Quan Independent director
Ma Kun Supervisors

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