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Kaiser (China) Culture Co (SZSE:002425) Cyclically Adjusted Book per Share : ¥4.59 (As of Mar. 2024)


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What is Kaiser (China) Culture 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.

Kaiser (China) Culture Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.726. 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 ¥4.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kaiser (China) Culture Co's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Kaiser (China) Culture Co was 10.70% per year. The lowest was 6.50% per year. And the median was 8.30% per year.

As of today (2024-06-06), Kaiser (China) Culture Co's current stock price is ¥2.81. Kaiser (China) Culture Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.59. Kaiser (China) Culture Co's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaiser (China) Culture Co was 5.27. The lowest was 0.58. And the median was 1.74.


Kaiser (China) Culture Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kaiser (China) Culture 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.

Kaiser (China) Culture Co Cyclically Adjusted Book per Share Chart

Kaiser (China) Culture 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 3.46 3.77 4.10 4.40 4.55

Kaiser (China) Culture 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 4.45 4.47 4.55 4.55 4.59

Competitive Comparison of Kaiser (China) Culture Co's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Kaiser (China) Culture 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.


Kaiser (China) Culture Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kaiser (China) Culture Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kaiser (China) Culture Co's Cyclically Adjusted PB Ratio falls into.



Kaiser (China) Culture 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, Kaiser (China) Culture 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)
=3.726/115.2271*115.2271
=3.726

Current CPI (Mar. 2024) = 115.2271.

Kaiser (China) Culture Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.357 98.200 2.766
201409 2.354 98.900 2.743
201412 2.354 99.000 2.740
201503 2.754 99.900 3.177
201506 2.756 99.500 3.192
201509 2.781 100.500 3.189
201512 2.850 100.600 3.264
201603 2.688 102.200 3.031
201606 4.111 101.400 4.672
201609 4.134 102.400 4.652
201612 4.208 102.600 4.726
201703 4.255 103.200 4.751
201706 4.297 103.100 4.802
201709 4.362 104.100 4.828
201712 4.570 104.500 5.039
201803 4.558 105.300 4.988
201806 4.626 104.900 5.081
201809 4.713 106.600 5.094
201812 4.826 106.500 5.221
201903 4.956 107.700 5.302
201906 4.976 107.700 5.324
201909 5.007 109.800 5.254
201912 5.026 111.200 5.208
202003 5.129 112.300 5.263
202006 5.129 110.400 5.353
202009 5.164 111.700 5.327
202012 5.128 111.500 5.299
202103 5.429 112.662 5.553
202106 5.475 111.769 5.644
202109 5.483 112.215 5.630
202112 5.258 113.108 5.357
202203 5.275 114.335 5.316
202206 5.199 114.558 5.229
202209 5.158 115.339 5.153
202212 4.549 115.116 4.553
202303 4.523 115.116 4.527
202306 4.452 114.558 4.478
202309 4.416 115.339 4.412
202312 3.720 114.781 3.734
202403 3.726 115.227 3.726

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


Kaiser (China) Culture Co  (SZSE:002425) 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.

Kaiser (China) Culture Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.81/4.59
=0.61

* 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 Kaiser (China) Culture Co was 5.27. The lowest was 0.58. And the median was 1.74.


Be Aware

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


Kaiser (China) Culture Co Cyclically Adjusted Book per Share Related Terms

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


Kaiser (China) Culture Co (SZSE:002425) Business Description

Traded in Other Exchanges
N/A
Address
Kexing Science Park, Floor A2-9, Nanshan District, Shenzhen, CHN, 518057
Kaiser (China) Culture Co Ltd is a pan-entertainment company in China. It is engaged in mobile game research and development and distribution, animation production and investment, film and television drama production and investment, and Internet culture industry investment.
Executives
Zheng He Ming Director
Liu Jun Executives
Xiong Bo Directors, executives
Wu Yi Min Directors, executives
Lin Hong Ying Supervisors
Huang Zhong Xi Director
Lin Hua Li Supervisors
Li Jie Zhi Independent director
Huang Zhen Kai Director

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