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Fujian Jinsen Forestry Co (SZSE:002679) Cyclically Adjusted Book per Share : ¥3.28 (As of Mar. 2025)


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What is Fujian Jinsen Forestry 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.

Fujian Jinsen Forestry Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥3.159. 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 ¥3.28 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Fujian Jinsen Forestry Co's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 Fujian Jinsen Forestry Co was 1.80% per year. The lowest was 0.80% per year. And the median was 1.30% per year.

As of today (2025-06-30), Fujian Jinsen Forestry Co's current stock price is ¥9.55. Fujian Jinsen Forestry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.28. Fujian Jinsen Forestry Co's Cyclically Adjusted PB Ratio of today is 2.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujian Jinsen Forestry Co was 7.62. The lowest was 1.89. And the median was 3.45.


Fujian Jinsen Forestry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujian Jinsen Forestry 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.

Fujian Jinsen Forestry Co Cyclically Adjusted Book per Share Chart

Fujian Jinsen Forestry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 3.20 3.31 3.29 3.28

Fujian Jinsen Forestry Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.30 3.29 3.31 3.28 3.28

Competitive Comparison of Fujian Jinsen Forestry Co's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Fujian Jinsen Forestry 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.


Fujian Jinsen Forestry Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Jinsen Forestry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Fujian Jinsen Forestry 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, Fujian Jinsen Forestry Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.159/115.1156*115.1156
=3.159

Current CPI (Mar. 2025) = 115.1156.

Fujian Jinsen Forestry Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.914 99.500 3.371
201509 2.987 100.500 3.421
201512 3.070 100.600 3.513
201603 2.971 102.200 3.346
201606 2.927 101.400 3.323
201609 2.993 102.400 3.365
201612 3.128 102.600 3.510
201703 3.037 103.200 3.388
201706 2.977 103.100 3.324
201709 3.056 104.100 3.379
201712 3.317 104.500 3.654
201803 3.324 105.300 3.634
201806 3.067 104.900 3.366
201809 3.077 106.600 3.323
201812 3.225 106.500 3.486
201903 3.173 107.700 3.391
201906 3.195 107.700 3.415
201909 3.205 109.800 3.360
201912 3.188 111.200 3.300
202003 3.118 112.300 3.196
202006 3.015 110.400 3.144
202009 3.186 111.700 3.283
202012 3.205 111.500 3.309
202103 3.137 112.662 3.205
202106 2.984 111.769 3.073
202109 3.039 112.215 3.118
202112 3.230 113.108 3.287
202203 3.161 114.335 3.183
202206 3.037 114.558 3.052
202209 3.051 115.339 3.045
202212 3.238 115.116 3.238
202303 3.163 115.116 3.163
202306 3.045 114.558 3.060
202309 3.081 115.339 3.075
202312 3.229 114.781 3.238
202403 3.141 115.227 3.138
202406 3.044 114.781 3.053
202409 3.086 115.785 3.068
202412 3.248 114.893 3.254
202503 3.159 115.116 3.159

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


Fujian Jinsen Forestry Co  (SZSE:002679) 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.

Fujian Jinsen Forestry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.55/3.28
=2.91

* 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 Fujian Jinsen Forestry Co was 7.62. The lowest was 1.89. And the median was 3.45.


Be Aware

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


Fujian Jinsen Forestry Co Cyclically Adjusted Book per Share Related Terms

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


Fujian Jinsen Forestry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Sanhua South Road, Floor 12-15, Shuinan Town, Jiangle County, Fujian Province, Sanming, CHN, 353300
Fujian Jinsen Forestry Co Ltd is the forest resource cultivation enterprise in China. The principal business activities of the company include forest management, afforestation, and renewal; planting of flowers and other horticultural plants. In addition, the company sales wood products, bamboo products, and primary agricultural products. The company also invest in forestry and agricultural projects.
Executives
Zhuang Zi Min Supervisors
Liao Chen Hui Supervisors

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