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Beijing Water Business Doctor Co (SZSE:300055) Cyclically Adjusted Book per Share : ¥6.22 (As of Mar. 2024)


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What is Beijing Water Business Doctor 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.

Beijing Water Business Doctor Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥6.166. 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 ¥6.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Water Business Doctor Co's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Beijing Water Business Doctor Co was 10.10% per year. The lowest was 6.80% per year. And the median was 7.60% per year.

As of today (2024-05-22), Beijing Water Business Doctor Co's current stock price is ¥4.96. Beijing Water Business Doctor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.22. Beijing Water Business Doctor Co's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beijing Water Business Doctor Co was 4.71. The lowest was 0.70. And the median was 1.52.


Beijing Water Business Doctor Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijing Water Business Doctor 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.

Beijing Water Business Doctor Co Cyclically Adjusted Book per Share Chart

Beijing Water Business Doctor Co 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 4.67 5.02 5.40 5.81 6.12

Beijing Water Business Doctor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.90 5.95 6.07 6.12 6.22

Competitive Comparison of Beijing Water Business Doctor Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Beijing Water Business Doctor 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.


Beijing Water Business Doctor Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Water Business Doctor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Water Business Doctor Co's Cyclically Adjusted PB Ratio falls into.



Beijing Water Business Doctor 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, Beijing Water Business Doctor Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.166/115.2271*115.2271
=6.166

Current CPI (Mar. 2024) = 115.2271.

Beijing Water Business Doctor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.771 98.200 3.251
201409 3.436 98.900 4.003
201412 3.548 99.000 4.130
201503 3.660 99.900 4.222
201506 3.757 99.500 4.351
201509 3.859 100.500 4.424
201512 3.933 100.600 4.505
201603 3.427 102.200 3.864
201606 6.198 101.400 7.043
201609 6.270 102.400 7.055
201612 6.341 102.600 7.121
201703 6.458 103.200 7.211
201706 6.569 103.100 7.342
201709 6.676 104.100 7.390
201712 6.686 104.500 7.372
201803 6.791 105.300 7.431
201806 6.870 104.900 7.546
201809 6.898 106.600 7.456
201812 6.556 106.500 7.093
201903 6.593 107.700 7.054
201906 6.649 107.700 7.114
201909 6.694 109.800 7.025
201912 6.627 111.200 6.867
202003 6.668 112.300 6.842
202006 6.705 110.400 6.998
202009 6.720 111.700 6.932
202012 6.178 111.500 6.385
202103 5.975 112.662 6.111
202106 5.857 111.769 6.038
202109 5.909 112.215 6.068
202112 5.900 113.108 6.011
202203 5.932 114.335 5.978
202206 6.392 114.558 6.429
202209 6.233 115.339 6.227
202212 6.202 115.116 6.208
202303 6.393 115.116 6.399
202306 6.413 114.558 6.450
202309 6.418 115.339 6.412
202312 6.134 114.781 6.158
202403 6.166 115.227 6.166

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


Beijing Water Business Doctor Co  (SZSE:300055) 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.

Beijing Water Business Doctor Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.96/6.22
=0.80

* 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 Beijing Water Business Doctor Co was 4.71. The lowest was 0.70. And the median was 1.52.


Be Aware

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


Beijing Water Business Doctor Co Cyclically Adjusted Book per Share Related Terms

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


Beijing Water Business Doctor Co (SZSE:300055) Business Description

Traded in Other Exchanges
N/A
Address
Number 19 Jingshi Building 9325, Xinjiekou Waijie, Haidian District, Beijing, CHN, 100875
Beijing Water Business Doctor Co Ltd operates as an industrial water treatment and environmental protection company in China. It engages in the coal chemical and petrochemical wastewater treatment and reuse, water treatment system hosting operations, hazardous waste treatment and utilization, energy-saving equipment manufacturing, new material production and processing, energy utilization, and municipal administration activities; and industrial sewage treatment, water supply and drainage management, technical consulting, and sale of mechanical and electrical equipment operations.

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