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Zjamp Group Co (SZSE:002758) Cyclically Adjusted Book per Share : ¥5.33 (As of Mar. 2024)


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What is Zjamp Group 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.

Zjamp Group Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥8.821. 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 ¥5.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zjamp Group Co's average Cyclically Adjusted Book Growth Rate was 12.40% 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.

As of today (2024-06-08), Zjamp Group Co's current stock price is ¥8.47. Zjamp Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.33. Zjamp Group Co's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zjamp Group Co was 2.84. The lowest was 1.68. And the median was 2.18.


Zjamp Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zjamp Group 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.

Zjamp Group Co Cyclically Adjusted Book per Share Chart

Zjamp Group 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 - - - - 5.21

Zjamp Group 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 4.74 4.89 5.08 5.21 5.33

Competitive Comparison of Zjamp Group Co's Cyclically Adjusted Book per Share

For the Pharmaceutical Retailers subindustry, Zjamp Group 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.


Zjamp Group Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Zjamp Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zjamp Group 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, Zjamp Group 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)
=8.821/115.2271*115.2271
=8.821

Current CPI (Mar. 2024) = 115.2271.

Zjamp Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 2.659 99.000 3.095
201503 1.939 99.900 2.236
201506 3.597 99.500 4.166
201509 3.678 100.500 4.217
201512 3.788 100.600 4.339
201603 3.854 102.200 4.345
201606 3.813 101.400 4.333
201609 3.881 102.400 4.367
201612 3.955 102.600 4.442
201703 4.027 103.200 4.496
201706 2.677 103.100 2.992
201709 2.727 104.100 3.018
201712 2.763 104.500 3.047
201803 2.800 105.300 3.064
201806 3.023 104.900 3.321
201809 3.057 106.600 3.304
201812 3.128 106.500 3.384
201903 3.158 107.700 3.379
201906 3.143 107.700 3.363
201909 3.180 109.800 3.337
201912 12.542 111.200 12.996
202003 3.190 112.300 3.273
202006 3.140 110.400 3.277
202009 3.203 111.700 3.304
202012 6.064 111.500 6.267
202103 6.252 112.662 6.394
202106 6.346 111.769 6.542
202109 6.782 112.215 6.964
202112 7.371 113.108 7.509
202203 7.451 114.335 7.509
202206 7.454 114.558 7.498
202209 7.730 115.339 7.723
202212 8.189 115.116 8.197
202303 8.423 115.116 8.431
202306 8.305 114.558 8.354
202309 8.390 115.339 8.382
202312 8.720 114.781 8.754
202403 8.821 115.227 8.821

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


Zjamp Group Co  (SZSE:002758) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.47/5.33
=1.59

* 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 Zjamp Group Co was 2.84. The lowest was 1.68. And the median was 2.18.


Be Aware

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


Zjamp Group Co Cyclically Adjusted Book per Share Related Terms

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


Zjamp Group Co (SZSE:002758) Business Description

Traded in Other Exchanges
N/A
Address
1605, Zhejiang Shaoxing Textile City Avenue, Shaoxing, CHN, 312030
Zjamp Group Co Ltd, formerly Zhejiang Huatong Pharmaceutical Co Ltd is engaged in pharmaceutical wholesale, pharmaceutical retail, pharmaceutical production, pharmaceutical logistics, pharmaceutical exhibitions and other services. Its business segments include Wholesale of drugs, Third-party drug logistics, Drug retail chain and Chinese medicine production.
Executives
Zhang Zu Ming Executives
Zhan Xiang Supervisors
Zhou Zhi Fa Executives
Sun Xiao Ming Supervisors
Zhu Guo Liang Directors, executives
Ni Chi Hang Secretary Dong
Shen Jian Chao Directors, executives
Qian Mu Shui Directors, executives

Zjamp Group Co (SZSE:002758) Headlines

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