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Xi'An Global Printing Co (SZSE:002799) Cyclically Adjusted Book per Share : ¥2.74 (As of Mar. 2024)


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What is Xi'An Global Printing 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.

Xi'An Global Printing Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.303. 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 ¥2.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Xi'An Global Printing Co's average Cyclically Adjusted Book Growth Rate was 17.10% 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 (2024-06-09), Xi'An Global Printing Co's current stock price is ¥6.21. Xi'An Global Printing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.74. Xi'An Global Printing Co's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xi'An Global Printing Co was 5.79. The lowest was 2.27. And the median was 4.35.


Xi'An Global Printing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xi'An Global Printing 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.

Xi'An Global Printing Co Cyclically Adjusted Book per Share Chart

Xi'An Global Printing 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 - - - - 2.64

Xi'An Global Printing 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 2.34 2.44 2.57 2.64 2.74

Competitive Comparison of Xi'An Global Printing Co's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Xi'An Global Printing 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.


Xi'An Global Printing Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Xi'An Global Printing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xi'An Global Printing Co's Cyclically Adjusted PB Ratio falls into.



Xi'An Global Printing 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, Xi'An Global Printing 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)
=4.303/115.2271*115.2271
=4.303

Current CPI (Mar. 2024) = 115.2271.

Xi'An Global Printing Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.896 92.885 1.112
201212 1.100 95.237 1.331
201312 1.290 97.624 1.523
201412 1.492 99.000 1.737
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 1.687 100.600 1.932
201603 1.290 102.200 1.454
201606 1.999 101.400 2.272
201609 2.008 102.400 2.260
201612 2.048 102.600 2.300
201703 2.072 103.200 2.313
201706 2.020 103.100 2.258
201709 2.030 104.100 2.247
201712 2.058 104.500 2.269
201803 2.086 105.300 2.283
201806 2.112 104.900 2.320
201809 2.122 106.600 2.294
201812 2.158 106.500 2.335
201903 2.211 107.700 2.366
201906 2.235 107.700 2.391
201909 2.310 109.800 2.424
201912 2.400 111.200 2.487
202003 2.478 112.300 2.543
202006 2.491 110.400 2.600
202009 2.587 111.700 2.669
202012 2.657 111.500 2.746
202103 2.764 112.662 2.827
202106 2.896 111.769 2.986
202109 2.990 112.215 3.070
202112 3.010 113.108 3.066
202203 3.118 114.335 3.142
202206 3.248 114.558 3.267
202209 2.629 115.339 2.626
202212 4.945 115.116 4.950
202303 5.035 115.116 5.040
202306 5.105 114.558 5.135
202309 5.061 115.339 5.056
202312 4.232 114.781 4.248
202403 4.303 115.227 4.303

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


Xi'An Global Printing Co  (SZSE:002799) 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.

Xi'An Global Printing Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.21/2.74
=2.27

* 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 Xi'An Global Printing Co was 5.79. The lowest was 2.27. And the median was 4.35.


Be Aware

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


Xi'An Global Printing Co Cyclically Adjusted Book per Share Related Terms

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


Xi'An Global Printing Co (SZSE:002799) Business Description

Traded in Other Exchanges
N/A
Address
No.18, South Tuanjie Road, High-tech Development Zone, Xi'an, CHN, 710075
Xi'An Global Printing Co Ltd is engaged in providing professional packaging service to pharmaceutical producers. It offers folding boxes for packing medicines and folding trays for pharmaceutical packaging. Its also provide packaging for the food, electronics, and other industries.
Executives
Guo Qing Ping Director

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