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Huayi Brothers Media (SZSE:300027) Cyclically Adjusted Book per Share : ¥2.19 (As of Sep. 2024)


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What is Huayi Brothers Media 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.

Huayi Brothers Media's adjusted book value per share for the three months ended in Sep. 2024 was ¥0.225. 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 ¥2.19 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Huayi Brothers Media's average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Huayi Brothers Media was 11.60% per year. The lowest was -0.60% per year. And the median was 4.25% per year.

As of today (2025-01-18), Huayi Brothers Media's current stock price is ¥2.52. Huayi Brothers Media's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥2.19. Huayi Brothers Media's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Huayi Brothers Media was 6.08. The lowest was 0.72. And the median was 1.56.


Huayi Brothers Media Cyclically Adjusted Book per Share Historical Data

The historical data trend for Huayi Brothers Media'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.

Huayi Brothers Media Cyclically Adjusted Book per Share Chart

Huayi Brothers Media 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 2.29 2.35 2.42 2.44 2.31

Huayi Brothers Media Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.36 2.31 2.28 2.22 2.19

Competitive Comparison of Huayi Brothers Media's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Huayi Brothers Media'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.


Huayi Brothers Media's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huayi Brothers Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Huayi Brothers Media's Cyclically Adjusted PB Ratio falls into.



Huayi Brothers Media 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, Huayi Brothers Media's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.225/115.7848*115.7848
=0.225

Current CPI (Sep. 2024) = 115.7848.

Huayi Brothers Media Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.028 99.000 2.372
201503 2.408 99.900 2.791
201506 2.387 99.500 2.778
201509 3.329 100.500 3.835
201512 3.571 100.600 4.110
201603 3.492 102.200 3.956
201606 3.397 101.400 3.879
201609 3.367 102.400 3.807
201612 3.244 102.600 3.661
201703 3.214 103.200 3.606
201706 3.406 103.100 3.825
201709 3.412 104.100 3.795
201712 3.482 104.500 3.858
201803 3.571 105.300 3.927
201806 3.556 104.900 3.925
201809 3.585 106.600 3.894
201812 3.032 106.500 3.296
201903 3.024 107.700 3.251
201906 2.927 107.700 3.147
201909 2.852 109.800 3.007
201912 1.562 111.200 1.626
202003 1.546 112.300 1.594
202006 1.512 110.400 1.586
202009 1.442 111.700 1.495
202012 1.053 111.500 1.093
202103 1.161 112.662 1.193
202106 1.106 111.769 1.146
202109 1.282 112.215 1.323
202112 0.840 113.108 0.860
202203 0.791 114.335 0.801
202206 0.791 114.558 0.799
202209 0.789 115.339 0.792
202212 0.468 115.116 0.471
202303 0.448 115.116 0.451
202306 0.420 114.558 0.424
202309 0.367 115.339 0.368
202312 0.243 114.781 0.245
202403 0.235 115.227 0.236
202406 0.254 114.781 0.256
202409 0.225 115.785 0.225

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


Huayi Brothers Media  (SZSE:300027) 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.

Huayi Brothers Media's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.52/2.19
=1.15

* 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 Huayi Brothers Media was 6.08. The lowest was 0.72. And the median was 1.56.


Be Aware

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


Huayi Brothers Media Cyclically Adjusted Book per Share Related Terms

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


Huayi Brothers Media Business Description

Traded in Other Exchanges
N/A
Address
Beijing Xinyuan South Road, 2nd Huayi Brothers office building, Chaoyang District, Beijing, CHN, 100027
Huayi Brothers Media Corp is engaged in the media business. The company's reportable segments are film and television entertainment, TV dramas, artist brokerage and others.
Executives
Wang Zhong Jun Director
Wang Zhong Lei Directors, executives
Liu Tao Executives
Yu Feng Director
Hu Ming Directors, Directors, and Executives
Ma Yun Director
Xue Gui Zhi Supervisors
Xu Jia Executives, securities affairs representatives
Liu Xiao Mei Director
Zhao Ying Supervisors
Supervisors

Huayi Brothers Media Headlines

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