GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangxi Huawu Brake Co Ltd (SZSE:300095) » Definitions » Cyclically Adjusted Book per Share

Jiangxi Huawu Brake Co (SZSE:300095) Cyclically Adjusted Book per Share : ¥3.90 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Jiangxi Huawu Brake 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.

Jiangxi Huawu Brake Co's adjusted book value per share for the three months ended in Jun. 2024 was ¥4.867. 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 ¥3.90 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Jiangxi Huawu Brake Co's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Jiangxi Huawu Brake Co was 7.10% per year. The lowest was 6.20% per year. And the median was 6.80% per year.

As of today (2024-09-21), Jiangxi Huawu Brake Co's current stock price is ¥5.41. Jiangxi Huawu Brake Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ¥3.90. Jiangxi Huawu Brake Co's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jiangxi Huawu Brake Co was 5.76. The lowest was 1.35. And the median was 2.50.


Jiangxi Huawu Brake Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jiangxi Huawu Brake 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.

Jiangxi Huawu Brake Co Cyclically Adjusted Book per Share Chart

Jiangxi Huawu Brake 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 2.94 3.09 3.28 3.58 3.80

Jiangxi Huawu Brake Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.68 3.76 3.80 3.87 3.90

Competitive Comparison of Jiangxi Huawu Brake Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Jiangxi Huawu Brake 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.


Jiangxi Huawu Brake Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangxi Huawu Brake Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangxi Huawu Brake Co's Cyclically Adjusted PB Ratio falls into.



Jiangxi Huawu Brake 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, Jiangxi Huawu Brake Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.867/114.7809*114.7809
=4.867

Current CPI (Jun. 2024) = 114.7809.

Jiangxi Huawu Brake Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.551 98.900 2.961
201412 2.564 99.000 2.973
201503 2.599 99.900 2.986
201506 2.641 99.500 3.047
201509 2.699 100.500 3.083
201512 2.609 100.600 2.977
201603 2.149 102.200 2.414
201606 3.221 101.400 3.646
201609 3.267 102.400 3.662
201612 3.295 102.600 3.686
201703 3.323 103.200 3.696
201706 3.328 103.100 3.705
201709 3.371 104.100 3.717
201712 3.411 104.500 3.747
201803 3.463 105.300 3.775
201806 3.430 104.900 3.753
201809 3.393 106.600 3.653
201812 3.010 106.500 3.244
201903 3.059 107.700 3.260
201906 3.096 107.700 3.300
201909 3.156 109.800 3.299
201912 3.201 111.200 3.304
202003 3.266 112.300 3.338
202006 3.424 110.400 3.560
202009 3.562 111.700 3.660
202012 3.610 111.500 3.716
202103 3.856 112.662 3.929
202106 4.029 111.769 4.138
202109 3.768 112.215 3.854
202112 5.043 113.108 5.118
202203 5.177 114.335 5.197
202206 5.131 114.558 5.141
202209 5.253 115.339 5.228
202212 5.093 115.116 5.078
202303 5.180 115.116 5.165
202306 5.076 114.558 5.086
202309 5.045 115.339 5.021
202312 5.003 114.781 5.003
202403 5.026 115.227 5.007
202406 4.867 114.781 4.867

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


Jiangxi Huawu Brake Co  (SZSE:300095) 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.

Jiangxi Huawu Brake Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.41/3.9
=1.39

* 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 Jiangxi Huawu Brake Co was 5.76. The lowest was 1.35. And the median was 2.50.


Be Aware

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


Jiangxi Huawu Brake Co Cyclically Adjusted Book per Share Related Terms

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


Jiangxi Huawu Brake Co Business Description

Traded in Other Exchanges
N/A
Address
City Industrial Park in Jiangxi Feng Xin Mei Road 7, Fengcheng, CHN, 331100
Jiangxi Huawu Brake Co Ltd is engaged in the research, development, design, manufacture, and sales of industrial brakes and control systems. The products of the company include poet brake, metallurgical brake, wind turbine brake, rail traffic brake, and spare parts.
Executives
Nie Jing Hua Director
Ceng Zhi Yong Directors, executives
Nie Lu Lu Executives, directors
Xie Xu Zhou Executives
Chen Feng Ju Directors, Directors, and Executives
Lai Chen Executives
Zhang Jing Executives
Cai Kui Executives
Cao Ming Sheng Directors, executives
Feng Hua Independent director
Xuan Jian Min Supervisors

Jiangxi Huawu Brake Co Headlines

No Headlines