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Shanghai Nar Industrial Co (SZSE:002825) Cyclically Adjusted Book per Share : ¥3.02 (As of Mar. 2025)


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What is Shanghai Nar Industrial 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.

Shanghai Nar Industrial Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥4.625. 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 ¥3.02 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 (2025-06-01), Shanghai Nar Industrial Co's current stock price is ¥10.18. Shanghai Nar Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.02. Shanghai Nar Industrial Co's Cyclically Adjusted PB Ratio of today is 3.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shanghai Nar Industrial Co was 3.77. The lowest was 2.05. And the median was 2.78.


Shanghai Nar Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shanghai Nar Industrial 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.

Shanghai Nar Industrial Co Cyclically Adjusted Book per Share Chart

Shanghai Nar Industrial 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 - - - - 2.93

Shanghai Nar Industrial 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 - 2.78 2.88 2.93 3.02

Competitive Comparison of Shanghai Nar Industrial Co's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Shanghai Nar Industrial 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.


Shanghai Nar Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shanghai Nar Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Nar Industrial Co's Cyclically Adjusted PB Ratio falls into.


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Shanghai Nar Industrial 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, Shanghai Nar Industrial 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)
=4.625/115.1156*115.1156
=4.625

Current CPI (Mar. 2025) = 115.1156.

Shanghai Nar Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.217 99.000 1.415
201509 0.000 100.500 0.000
201512 1.415 100.600 1.619
201603 0.000 102.200 0.000
201606 1.569 101.400 1.781
201609 1.239 102.400 1.393
201612 2.014 102.600 2.260
201703 2.073 103.200 2.312
201706 2.043 103.100 2.281
201709 2.067 104.100 2.286
201712 2.068 104.500 2.278
201803 2.090 105.300 2.285
201806 2.137 104.900 2.345
201809 2.215 106.600 2.392
201812 2.261 106.500 2.444
201903 2.302 107.700 2.461
201906 2.321 107.700 2.481
201909 2.518 109.800 2.640
201912 2.539 111.200 2.628
202003 2.520 112.300 2.583
202006 2.576 110.400 2.686
202009 2.684 111.700 2.766
202012 2.737 111.500 2.826
202103 3.217 112.662 3.287
202106 3.077 111.769 3.169
202109 3.162 112.215 3.244
202112 3.141 113.108 3.197
202203 3.209 114.335 3.231
202206 4.077 114.558 4.097
202209 4.130 115.339 4.122
202212 4.023 115.116 4.023
202303 4.082 115.116 4.082
202306 4.164 114.558 4.184
202309 3.983 115.339 3.975
202312 4.218 114.781 4.230
202403 4.215 115.227 4.211
202406 4.268 114.781 4.280
202409 4.382 115.785 4.357
202412 4.440 114.893 4.449
202503 4.625 115.116 4.625

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


Shanghai Nar Industrial Co  (SZSE:002825) 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.

Shanghai Nar Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.18/3.02
=3.37

* 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 Shanghai Nar Industrial Co was 3.77. The lowest was 2.05. And the median was 2.78.


Be Aware

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


Shanghai Nar Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Shanghai Nar Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No.26, Xinhan Road, Pudong New Area, Xinchang Town, Shanghai, CHN, 201314
Shanghai Nar Industrial Co Ltd is engaged in the research, designing and manufacturing & distribution of digital jet printing materials. Its products include car body sticks, coated printing materials, and among others.
Executives
You Ai Jun Directors, Directors, and Executives
Yang Jian Tang Directors, executives
Tao Fu Sheng Directors, executives
Li Hong Lan Supervisors

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