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Beijing Creative Distribution Automation Co (SZSE:002350) Cyclically Adjusted Book per Share : ¥3.13 (As of Mar. 2024)


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What is Beijing Creative Distribution Automation 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.

Beijing Creative Distribution Automation Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.092. 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 ¥3.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Creative Distribution Automation Co's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Beijing Creative Distribution Automation Co was 8.30% per year. The lowest was 4.10% per year. And the median was 5.55% per year.

As of today (2024-06-21), Beijing Creative Distribution Automation Co's current stock price is ¥5.56. Beijing Creative Distribution Automation Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.13. Beijing Creative Distribution Automation Co's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beijing Creative Distribution Automation Co was 3.85. The lowest was 1.29. And the median was 2.28.


Beijing Creative Distribution Automation Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijing Creative Distribution Automation 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.

Beijing Creative Distribution Automation Co Cyclically Adjusted Book per Share Chart

Beijing Creative Distribution Automation 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 2.67 2.76 2.90 3.04 3.11

Beijing Creative Distribution Automation 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 3.06 3.07 3.11 3.11 3.13

Competitive Comparison of Beijing Creative Distribution Automation Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Beijing Creative Distribution Automation 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.


Beijing Creative Distribution Automation Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Beijing Creative Distribution Automation Co's Cyclically Adjusted PB Ratio falls into.



Beijing Creative Distribution Automation 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, Beijing Creative Distribution Automation 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)
=3.092/115.2271*115.2271
=3.092

Current CPI (Mar. 2024) = 115.2271.

Beijing Creative Distribution Automation Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.224 98.200 2.610
201409 2.265 98.900 2.639
201412 2.335 99.000 2.718
201503 2.338 99.900 2.697
201506 2.291 99.500 2.653
201509 2.276 100.500 2.610
201512 2.356 100.600 2.699
201603 2.359 102.200 2.660
201606 2.372 101.400 2.695
201609 2.389 102.400 2.688
201612 2.501 102.600 2.809
201703 2.388 103.200 2.666
201706 2.389 103.100 2.670
201709 2.388 104.100 2.643
201712 2.525 104.500 2.784
201803 2.633 105.300 2.881
201806 3.206 104.900 3.522
201809 3.207 106.600 3.467
201812 3.385 106.500 3.662
201903 3.221 107.700 3.446
201906 3.175 107.700 3.397
201909 3.237 109.800 3.397
201912 3.273 111.200 3.392
202003 3.186 112.300 3.269
202006 3.311 110.400 3.456
202009 3.392 111.700 3.499
202012 3.436 111.500 3.551
202103 3.407 112.662 3.485
202106 3.378 111.769 3.483
202109 3.447 112.215 3.540
202112 3.563 113.108 3.630
202203 3.384 114.335 3.410
202206 3.409 114.558 3.429
202209 3.347 115.339 3.344
202212 3.440 115.116 3.443
202303 3.377 115.116 3.380
202306 3.384 114.558 3.404
202309 3.380 115.339 3.377
202312 3.128 114.781 3.140
202403 3.092 115.227 3.092

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


Beijing Creative Distribution Automation Co  (SZSE:002350) 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.

Beijing Creative Distribution Automation Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.56/3.13
=1.78

* 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 Beijing Creative Distribution Automation Co was 3.85. The lowest was 1.29. And the median was 2.28.


Be Aware

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


Beijing Creative Distribution Automation Co Cyclically Adjusted Book per Share Related Terms

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Beijing Creative Distribution Automation Co (SZSE:002350) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, West Wangdong Road, Building 4, East Building, Haidian District, Beijing, CHN, 100193
Beijing Creative Distribution Automation Co Ltd is mainly engaged in the development, production, and sale of the ring main units, compact substations, permanent magnetic actuator vacuum switch equipment, and fault indicators.
Executives
Shen Wei Executives
Wang Jian Executives
Liu Hou Di Securities Affairs Representative
Zhu Ming Executives
An Zhi Gang Directors, executives
Zhang Xin Yu Director
Guo Wen Liang Secretary, Director
Li Jin Ming Executives

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