GURUFOCUS.COM » STOCK LIST » Technology » Software » Navinfo Co Ltd (SZSE:002405) » Definitions » Cyclically Adjusted Book per Share

Navinfo Co (SZSE:002405) Cyclically Adjusted Book per Share : ¥3.69 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Navinfo 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.

Navinfo Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.154. 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 ¥3.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Navinfo Co's average Cyclically Adjusted Book Growth Rate was 7.90% 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 13.00% 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 Navinfo Co was 14.50% per year. The lowest was 11.80% per year. And the median was 12.90% per year.

As of today (2024-06-21), Navinfo Co's current stock price is ¥6.62. Navinfo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.69. Navinfo Co's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Navinfo Co was 10.29. The lowest was 1.72. And the median was 5.36.


Navinfo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Navinfo 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.

Navinfo Co Cyclically Adjusted Book per Share Chart

Navinfo 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 2.32 2.59 2.96 3.34 3.62

Navinfo 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 3.42 3.48 3.58 3.62 3.69

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

For the Software - Application subindustry, Navinfo 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.


Navinfo Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Navinfo 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, Navinfo 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)
=4.154/115.2271*115.2271
=4.154

Current CPI (Mar. 2024) = 115.2271.

Navinfo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.546 98.200 1.814
201409 1.555 98.900 1.812
201412 1.581 99.000 1.840
201503 1.598 99.900 1.843
201506 1.601 99.500 1.854
201509 1.700 100.500 1.949
201512 1.588 100.600 1.819
201603 1.624 102.200 1.831
201606 1.642 101.400 1.866
201609 1.706 102.400 1.920
201612 1.746 102.600 1.961
201703 3.384 103.200 3.778
201706 3.413 103.100 3.814
201709 3.411 104.100 3.776
201712 3.449 104.500 3.803
201803 3.486 105.300 3.815
201806 3.510 104.900 3.856
201809 3.518 106.600 3.803
201812 3.696 106.500 3.999
201903 3.682 107.700 3.939
201906 3.714 107.700 3.974
201909 3.753 109.800 3.939
201912 3.976 111.200 4.120
202003 3.942 112.300 4.045
202006 3.958 110.400 4.131
202009 3.963 111.700 4.088
202012 3.957 111.500 4.089
202103 5.119 112.662 5.236
202106 5.113 111.769 5.271
202109 4.934 112.215 5.066
202112 5.153 113.108 5.250
202203 5.165 114.335 5.205
202206 5.204 114.558 5.234
202209 5.131 115.339 5.126
202212 4.970 115.116 4.975
202303 4.868 115.116 4.873
202306 4.807 114.558 4.835
202309 4.743 115.339 4.738
202312 4.217 114.781 4.233
202403 4.154 115.227 4.154

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


Navinfo Co  (SZSE:002405) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.62/3.69
=1.79

* 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 Navinfo Co was 10.29. The lowest was 1.72. And the median was 5.36.


Be Aware

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


Navinfo Co Cyclically Adjusted Book per Share Related Terms

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


Navinfo Co (SZSE:002405) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Navinfo Co Ltd (SZSE:002405) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094
Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.
Executives
Wan Tie Jun Executives
Bi Lei Directors, executives
Meng Qing Xin Directors, executives
Liang Yong Jie Executives
Jin Shui Xiang Executives
Song Tie Hui Executives
Cheng Peng Directors, executives
Sun Yu Guo Director
Dai Dong Hai Executives
Jing Mu Han Executives
Qin Fang Securities Affairs Representative
Jiang Xiao Ming Executives
Xu Jin Hui Supervisors
Lai Feng Fu Executives
Cao Xiao Hang Executives

Navinfo Co (SZSE:002405) Headlines

No Headlines