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Chacha Food Co (SZSE:002557) Cyclically Adjusted Book per Share : ¥7.80 (As of Mar. 2024)


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What is Chacha Food 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.

Chacha Food Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥11.248. 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 ¥7.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chacha Food Co's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Chacha Food Co was 6.70% per year. The lowest was 6.40% per year. And the median was 6.55% per year.

As of today (2024-05-22), Chacha Food Co's current stock price is ¥34.57. Chacha Food Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥7.80. Chacha Food Co's Cyclically Adjusted PB Ratio of today is 4.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chacha Food Co was 11.63. The lowest was 3.96. And the median was 6.69.


Chacha Food Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chacha Food 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.

Chacha Food Co Cyclically Adjusted Book per Share Chart

Chacha Food 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 5.92 6.33 6.71 7.20 7.64

Chacha Food 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 7.32 7.39 7.56 7.64 7.80

Competitive Comparison of Chacha Food Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Chacha Food 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.


Chacha Food Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chacha Food Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chacha Food 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, Chacha Food 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)
=11.248/115.2271*115.2271
=11.248

Current CPI (Mar. 2024) = 115.2271.

Chacha Food Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.023 98.200 5.894
201409 5.209 98.900 6.069
201412 5.379 99.000 6.261
201503 5.512 99.900 6.358
201506 5.196 99.500 6.017
201509 5.435 100.500 6.231
201512 5.629 100.600 6.447
201603 5.813 102.200 6.554
201606 5.471 101.400 6.217
201609 5.656 102.400 6.364
201612 5.817 102.600 6.533
201703 5.969 103.200 6.665
201706 5.709 103.100 6.381
201709 5.880 104.100 6.509
201712 6.041 104.500 6.661
201803 6.205 105.300 6.790
201806 6.032 104.900 6.626
201809 6.294 106.600 6.803
201812 6.560 106.500 7.098
201903 6.769 107.700 7.242
201906 6.492 107.700 6.946
201909 6.810 109.800 7.147
201912 7.550 111.200 7.823
202003 7.438 112.300 7.632
202006 7.105 110.400 7.416
202009 7.561 111.700 7.800
202012 8.298 111.500 8.575
202103 8.634 112.662 8.831
202106 8.382 111.769 8.641
202109 8.813 112.215 9.050
202112 9.456 113.108 9.633
202203 9.700 114.335 9.776
202206 9.203 114.558 9.257
202209 9.675 115.339 9.666
202212 10.392 115.116 10.402
202303 10.863 115.116 10.874
202306 9.993 114.558 10.051
202309 10.488 115.339 10.478
202312 10.906 114.781 10.948
202403 11.248 115.227 11.248

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


Chacha Food Co  (SZSE:002557) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.57/7.8
=4.43

* 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 Chacha Food Co was 11.63. The lowest was 3.96. And the median was 6.69.


Be Aware

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


Chacha Food Co Cyclically Adjusted Book per Share Related Terms

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


Chacha Food Co (SZSE:002557) Business Description

Traded in Other Exchanges
N/A
Address
1307 Lianhua Road, Economic & Technological Development Zone, Anhui, Hefei, CHN, 230601
Chacha Food Co Ltd is a China-based company engaged in the production and distribution of leisure food. Its main products include traditional roasted products, including sunflower seed series; high-end nut products, including walnuts; baked food, including potato chips, as well as fried food, pickled food, biscuits and agricultural and sideline products, among others. It distributes its products under the brand name of ChaCha. The company distributes its products within domestic market and to overseas markets.

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