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Beijingnfo Outdoor Products Co (SZSE:002780) Cyclically Adjusted Book per Share : ¥3.90 (As of Mar. 2024)


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What is Beijingnfo Outdoor Products 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.

Beijingnfo Outdoor Products Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.373. 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 ¥3.90 for the trailing ten years ended in Mar. 2024.

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 (2024-05-25), Beijingnfo Outdoor Products Co's current stock price is ¥10.48. Beijingnfo Outdoor Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.90. Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio of today is 2.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beijingnfo Outdoor Products Co was 3.79. The lowest was 2.58. And the median was 3.34.


Beijingnfo Outdoor Products Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijingnfo Outdoor Products 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.

Beijingnfo Outdoor Products Co Cyclically Adjusted Book per Share Chart

Beijingnfo Outdoor Products 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 - - - - 3.83

Beijingnfo Outdoor Products 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 - 3.69 3.78 3.83 3.90

Competitive Comparison of Beijingnfo Outdoor Products Co's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Beijingnfo Outdoor Products 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.


Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Beijingnfo Outdoor Products 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, Beijingnfo Outdoor Products 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)
=4.373/115.2271*115.2271
=4.373

Current CPI (Mar. 2024) = 115.2271.

Beijingnfo Outdoor Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.600 0.000
201409 0.000 98.900 0.000
201412 2.027 99.000 2.359
201503 2.042 99.900 2.355
201506 2.123 99.500 2.459
201509 1.596 100.500 1.830
201512 2.757 100.600 3.158
201603 2.742 102.200 3.092
201606 2.857 101.400 3.247
201609 2.881 102.400 3.242
201612 2.978 102.600 3.345
201703 2.962 103.200 3.307
201706 2.991 103.100 3.343
201709 2.939 104.100 3.253
201712 4.346 104.500 4.792
201803 4.359 105.300 4.770
201806 4.368 104.900 4.798
201809 4.374 106.600 4.728
201812 4.384 106.500 4.743
201903 4.391 107.700 4.698
201906 4.387 107.700 4.694
201909 4.383 109.800 4.600
201912 4.068 111.200 4.215
202003 3.975 112.300 4.079
202006 4.023 110.400 4.199
202009 4.013 111.700 4.140
202012 3.616 111.500 3.737
202103 3.639 112.662 3.722
202106 3.634 111.769 3.746
202109 4.792 112.215 4.921
202112 4.350 113.108 4.432
202203 4.365 114.335 4.399
202206 4.250 114.558 4.275
202209 4.134 115.339 4.130
202212 4.139 115.116 4.143
202303 4.188 115.116 4.192
202306 4.210 114.558 4.235
202309 4.215 115.339 4.211
202312 4.371 114.781 4.388
202403 4.373 115.227 4.373

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


Beijingnfo Outdoor Products Co  (SZSE:002780) 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.

Beijingnfo Outdoor Products Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.48/3.9
=2.69

* 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 Beijingnfo Outdoor Products Co was 3.79. The lowest was 2.58. And the median was 3.34.


Be Aware

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


Beijingnfo Outdoor Products Co Cyclically Adjusted Book per Share Related Terms

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


Beijingnfo Outdoor Products Co (SZSE:002780) Business Description

Traded in Other Exchanges
N/A
Address
Liaoning Hotel, No1, De Wai Road, Floor 5, Xicheng District, Beijing, CHN
Beijing Sanfo Outdoor Products Co Ltd operates domestic retail stores. Its business also includes outdoor product research and development agent sales; outdoor event organization and operation; design and operation of outdoor sports camp and youth outdoor experience teaching Education. Its products are divided into three categories: outdoor clothing, outdoor footwear, and outdoor equipment.
Executives
Zhang Heng Directors, executives
Sun Lei Directors, executives
Zhao Dong Wei Director
Zhang Chao Hui Executives
Jia Li Ling Executives
Zhou Chun Hong Directors, Directors, and Executives
Wang Jing Securities Affairs Representative
Lu Hong Yi Supervisors
Zhu Yan Hua Director
Wang Jian Director

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