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Glodon Co (SZSE:002410) Cyclically Adjusted Book per Share : ¥2.80 (As of Sep. 2024)


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What is Glodon 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.

Glodon Co's adjusted book value per share for the three months ended in Sep. 2024 was ¥3.644. 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 ¥2.80 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Glodon Co's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Glodon Co was 12.60% per year. The lowest was 10.50% per year. And the median was 12.40% per year.

As of today (2025-01-19), Glodon Co's current stock price is ¥10.92. Glodon Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥2.80. Glodon Co's Cyclically Adjusted PB Ratio of today is 3.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Glodon Co was 33.12. The lowest was 3.31. And the median was 14.69.


Glodon Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Glodon 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.

Glodon Co Cyclically Adjusted Book per Share Chart

Glodon 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 1.74 1.97 2.23 2.47 2.66

Glodon Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.63 2.66 2.71 2.74 2.80

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

For the Software - Application subindustry, Glodon 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.644/115.7848*115.7848
=3.644

Current CPI (Sep. 2024) = 115.7848.

Glodon Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.769 99.000 2.069
201503 1.806 99.900 2.093
201506 1.623 99.500 1.889
201509 1.667 100.500 1.921
201512 1.734 100.600 1.996
201603 1.764 102.200 1.998
201606 1.668 101.400 1.905
201609 1.747 102.400 1.975
201612 1.889 102.600 2.132
201703 1.923 103.200 2.158
201706 1.764 103.100 1.981
201709 1.852 104.100 2.060
201712 1.968 104.500 2.181
201803 1.994 105.300 2.193
201806 1.865 104.900 2.059
201809 1.971 106.600 2.141
201812 2.024 106.500 2.200
201903 2.056 107.700 2.210
201906 1.920 107.700 2.064
201909 1.975 109.800 2.083
201912 2.069 111.200 2.154
202003 2.144 112.300 2.211
202006 3.660 110.400 3.839
202009 3.484 111.700 3.611
202012 3.857 111.500 4.005
202103 3.973 112.662 4.083
202106 3.768 111.769 3.903
202109 3.725 112.215 3.843
202112 3.476 113.108 3.558
202203 3.309 114.335 3.351
202206 3.334 114.558 3.370
202209 3.485 115.339 3.498
202212 3.784 115.116 3.806
202303 3.862 115.116 3.884
202306 3.679 114.558 3.718
202309 3.689 115.339 3.703
202312 3.533 114.781 3.564
202403 3.516 115.227 3.533
202406 3.538 114.781 3.569
202409 3.644 115.785 3.644

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


Glodon Co  (SZSE:002410) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.92/2.8
=3.90

* 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 Glodon Co was 33.12. The lowest was 3.31. And the median was 14.69.


Be Aware

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


Glodon Co Cyclically Adjusted Book per Share Related Terms

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


Glodon Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Glodon Co Ltd (SZSE:002410) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Building 13 East Road, Xibeiwang 10 Eastern Hospital, Haidian District, Beijing, CHN
Glodon Co Ltd provides information technology services and solutions to the construction industry. The company offers digital construction platform that provides professional support based on the professional application in the field of construction engineering and provides value-added services such as industrial big data and industrial new finance. The products and services provided by the company are - civil measurement, installation measurement, municipal calculation, cloud pricing, wide material assistant, BIMFACE, smart helmet, labor management system, and many more.
Executives
Executives
Liu Qian Directors, executives
Wang Shao Shan Executives
Yuan Zheng Gang Directors, executives
Liu Jian Hua Executives
Li Jing Hua Executives
Supervisors
Wang Ai Hua Director
Zhi Fei Executives
Wang Jin Hong Supervisors
Diao Zhi Zhong Director
Li Shu Jian Directors, executives
Jia Xiao Ping Director
Chang Fan Securities Affairs Representative
He Ping Executives

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