GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hanwei Electronics Group Corp (SZSE:300007) » Definitions » Cyclically Adjusted Book per Share

Hanwei Electronics Group (SZSE:300007) Cyclically Adjusted Book per Share : ¥6.36 (As of Mar. 2025)


View and export this data going back to 2009. Start your Free Trial

What is Hanwei Electronics Group 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.

Hanwei Electronics Group's adjusted book value per share for the three months ended in Mar. 2025 was ¥8.717. 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 ¥6.36 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hanwei Electronics Group's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hanwei Electronics Group was 11.00% per year. The lowest was 9.50% per year. And the median was 10.70% per year.

As of today (2025-06-01), Hanwei Electronics Group's current stock price is ¥34.88. Hanwei Electronics Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.36. Hanwei Electronics Group's Cyclically Adjusted PB Ratio of today is 5.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hanwei Electronics Group was 7.70. The lowest was 2.03. And the median was 3.62.


Hanwei Electronics Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hanwei Electronics Group'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.

Hanwei Electronics Group Cyclically Adjusted Book per Share Chart

Hanwei Electronics Group 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 4.17 4.60 5.18 5.71 6.24

Hanwei Electronics Group 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 5.87 5.98 6.19 6.24 6.36

Competitive Comparison of Hanwei Electronics Group's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Hanwei Electronics Group'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.


Hanwei Electronics Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanwei Electronics Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hanwei Electronics Group's Cyclically Adjusted PB Ratio falls into.


;
;

Hanwei Electronics Group 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, Hanwei Electronics Group'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)
=8.717/115.1156*115.1156
=8.717

Current CPI (Mar. 2025) = 115.1156.

Hanwei Electronics Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.016 99.500 4.646
201509 4.070 100.500 4.662
201512 4.162 100.600 4.763
201603 4.172 102.200 4.699
201606 4.255 101.400 4.831
201609 4.312 102.400 4.847
201612 4.419 102.600 4.958
201703 4.479 103.200 4.996
201706 4.559 103.100 5.090
201709 4.618 104.100 5.107
201712 4.764 104.500 5.248
201803 4.845 105.300 5.297
201806 4.946 104.900 5.428
201809 5.028 106.600 5.430
201812 4.959 106.500 5.360
201903 5.064 107.700 5.413
201906 5.244 107.700 5.605
201909 5.360 109.800 5.619
201912 4.597 111.200 4.759
202003 4.683 112.300 4.800
202006 4.981 110.400 5.194
202009 5.157 111.700 5.315
202012 5.314 111.500 5.486
202103 5.458 112.662 5.577
202106 5.735 111.769 5.907
202109 7.219 112.215 7.406
202112 7.474 113.108 7.607
202203 7.636 114.335 7.688
202206 7.909 114.558 7.948
202209 8.134 115.339 8.118
202212 8.455 115.116 8.455
202303 8.498 115.116 8.498
202306 8.565 114.558 8.607
202309 8.673 115.339 8.656
202312 8.707 114.781 8.732
202403 8.691 115.227 8.683
202406 8.688 114.781 8.713
202409 8.765 115.785 8.714
202412 8.665 114.893 8.682
202503 8.717 115.116 8.717

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


Hanwei Electronics Group  (SZSE:300007) 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.

Hanwei Electronics Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.88/6.36
=5.48

* 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 Hanwei Electronics Group was 7.70. The lowest was 2.03. And the median was 3.62.


Be Aware

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


Hanwei Electronics Group Cyclically Adjusted Book per Share Related Terms

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


Hanwei Electronics Group Business Description

Traded in Other Exchanges
N/A
Address
No. 169 Xuesong Road, National High-Tech zone, Zhengzhou, CHN, 450001
Hanwei Electronics Group Corp is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.
Executives
Shang Zhong Feng Directors, executives
Li Zhi Gang Directors, executives
Yang Chang Zai Director
Zhou Zhen Supervisors
Ren Hong Jun Director
Liu Rui Ling Directors, executives
Zhang Yan Li Supervisors
Zhang Xiao Jun Directors, executives
Li Hang Securities Affairs Representative
Shang Jian Hong Executives
Zhang Xiao Shui Directors, executives
Xiao Feng Directors, executives, securities affairs represen
Jiao Gui Dong Directors, executives
Zhong Chao Director
Jiang Hui Chang Director

Hanwei Electronics Group Headlines

No Headlines