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Tianjin Guifaxiang 18th Street Mahua Food Co (SZSE:002820) Cyclically Adjusted Book per Share : ¥4.89 (As of Mar. 2025)


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What is Tianjin Guifaxiang 18th Street Mahua 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.

Tianjin Guifaxiang 18th Street Mahua Food Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥4.615. 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 ¥4.89 for the trailing ten years ended in Mar. 2025.

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 (2025-06-02), Tianjin Guifaxiang 18th Street Mahua Food Co's current stock price is ¥10.92. Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.89. Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted PB Ratio of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tianjin Guifaxiang 18th Street Mahua Food Co was 3.58. The lowest was 1.64. And the median was 2.35.


Tianjin Guifaxiang 18th Street Mahua Food Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tianjin Guifaxiang 18th Street Mahua 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.

Tianjin Guifaxiang 18th Street Mahua Food Co Cyclically Adjusted Book per Share Chart

Tianjin Guifaxiang 18th Street Mahua Food 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 - - - - 4.81

Tianjin Guifaxiang 18th Street Mahua Food 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 - - 4.78 4.81 4.89

Competitive Comparison of Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Tianjin Guifaxiang 18th Street Mahua 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.


Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted PB Ratio falls into.


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Tianjin Guifaxiang 18th Street Mahua 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, Tianjin Guifaxiang 18th Street Mahua Food 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)
=4.615/115.1156*115.1156
=4.615

Current CPI (Mar. 2025) = 115.1156.

Tianjin Guifaxiang 18th Street Mahua Food Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.890 97.624 2.229
201412 2.317 99.000 2.694
201512 2.803 100.600 3.207
201603 0.000 102.200 0.000
201606 2.942 101.400 3.340
201609 2.338 102.400 2.628
201612 4.775 102.600 5.357
201703 4.928 103.200 5.497
201706 4.865 103.100 5.432
201709 4.999 104.100 5.528
201712 5.071 104.500 5.586
201803 5.213 105.300 5.699
201806 5.106 104.900 5.603
201809 5.229 106.600 5.647
201812 5.294 106.500 5.722
201903 5.293 107.700 5.657
201906 5.072 107.700 5.421
201909 5.188 109.800 5.439
201912 5.261 111.200 5.446
202003 5.283 112.300 5.415
202006 5.041 110.400 5.256
202009 5.186 111.700 5.345
202012 5.187 111.500 5.355
202103 5.231 112.662 5.345
202106 5.146 111.769 5.300
202109 5.181 112.215 5.315
202112 5.144 113.108 5.235
202203 5.050 114.335 5.084
202206 4.871 114.558 4.895
202209 4.864 115.339 4.855
202212 4.736 115.116 4.736
202303 4.863 115.116 4.863
202306 4.786 114.558 4.809
202309 4.899 115.339 4.890
202312 4.890 114.781 4.904
202403 4.734 115.227 4.729
202406 4.560 114.781 4.573
202409 4.624 115.785 4.597
202412 4.582 114.893 4.591
202503 4.615 115.116 4.615

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


Tianjin Guifaxiang 18th Street Mahua Food Co  (SZSE:002820) 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.

Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.92/4.89
=2.23

* 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 Tianjin Guifaxiang 18th Street Mahua Food Co was 3.58. The lowest was 1.64. And the median was 2.35.


Be Aware

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


Tianjin Guifaxiang 18th Street Mahua Food Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Tianjin Guifaxiang 18th Street Mahua Food Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianjin Guifaxiang 18th Street Mahua Food Co Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Dongting Road, Hexi District, Tianjin, CHN, 300221
Tianjin Guifaxiang 18th Street Mahua Food Co Ltd is engaged in the research, development, production and sales of traditional characteristics and other snack foods in China. Its products portfolio mainly includes fried dough twist, pastry, moon cakes, traditional sweet dumpling, rice dumpling, chestnut, as well as nuts, among others.
Executives
Tian Rui Hong Directors, executives

Tianjin Guifaxiang 18th Street Mahua Food Co Headlines

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