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Shenzhen Kedali Industry Co (SZSE:002850) Cyclically Adjusted Book per Share : ¥18.98 (As of Mar. 2025)


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What is Shenzhen Kedali Industry 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.

Shenzhen Kedali Industry Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥45.025. 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 ¥18.98 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), Shenzhen Kedali Industry Co's current stock price is ¥110.35. Shenzhen Kedali Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥18.98. Shenzhen Kedali Industry Co's Cyclically Adjusted PB Ratio of today is 5.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shenzhen Kedali Industry Co was 7.92. The lowest was 4.44. And the median was 6.08.


Shenzhen Kedali Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shenzhen Kedali Industry 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.

Shenzhen Kedali Industry Co Cyclically Adjusted Book per Share Chart

Shenzhen Kedali Industry 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 - - - - 17.84

Shenzhen Kedali Industry 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 - 15.74 16.91 17.84 18.98

Competitive Comparison of Shenzhen Kedali Industry Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Shenzhen Kedali Industry 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.


Shenzhen Kedali Industry Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Kedali Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Kedali Industry Co's Cyclically Adjusted PB Ratio falls into.


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Shenzhen Kedali Industry 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, Shenzhen Kedali Industry 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)
=45.025/115.1156*115.1156
=45.025

Current CPI (Mar. 2025) = 115.1156.

Shenzhen Kedali Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.161 98.200 3.706
201412 3.169 99.000 3.685
201512 4.149 100.600 4.748
201603 0.000 102.200 0.000
201606 4.615 101.400 5.239
201609 0.000 102.400 0.000
201612 5.905 102.600 6.625
201703 10.453 103.200 11.660
201706 10.371 103.100 11.580
201709 10.747 104.100 11.884
201712 10.738 104.500 11.829
201803 10.844 105.300 11.855
201806 10.645 104.900 11.682
201809 10.747 106.600 11.606
201812 10.930 106.500 11.814
201903 11.038 107.700 11.798
201906 11.112 107.700 11.877
201909 11.428 109.800 11.981
201912 11.860 111.200 12.278
202003 11.933 112.300 12.232
202006 11.883 110.400 12.391
202009 10.935 111.700 11.269
202012 17.126 111.500 17.681
202103 17.481 112.662 17.862
202106 17.868 111.769 18.403
202109 18.553 112.215 19.033
202112 19.556 113.108 19.903
202203 20.233 114.335 20.371
202206 21.014 114.558 21.116
202209 23.026 115.339 22.981
202212 24.438 115.116 24.438
202303 25.593 115.116 25.593
202306 26.845 114.558 26.976
202309 37.364 115.339 37.292
202312 38.924 114.781 39.038
202403 39.986 115.227 39.947
202406 39.812 114.781 39.928
202409 41.297 115.785 41.058
202412 42.900 114.893 42.983
202503 45.025 115.116 45.025

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


Shenzhen Kedali Industry Co  (SZSE:002850) 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.

Shenzhen Kedali Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=110.35/18.98
=5.81

* 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 Shenzhen Kedali Industry Co was 7.92. The lowest was 4.44. And the median was 6.08.


Be Aware

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


Shenzhen Kedali Industry Co Cyclically Adjusted Book per Share Related Terms

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


Shenzhen Kedali Industry Co Business Description

Traded in Other Exchanges
N/A
Address
North of Huaxing Road, Dalang Street, 3rd Floor, the first building of Zhongjian Industrial Zone, Longhua District, Guangdong, Shenzhen, CHN, 518109
Shenzhen Kedali Industry Co Ltd is engaged in Research & Development and manufacturing of lithium battery precision structural parts and automotive structural parts.
Executives
Li Jian Li Director
Shi Hui Feng Directors, executives
Kong Tian Shu Executives
Luo Li Jiao Secretary Dong

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