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Risen Energy Co (SZSE:300118) Cyclically Adjusted Book per Share : ¥0.00 (As of Dec. 2023)


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What is Risen Energy 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.

Risen Energy Co's adjusted book value per share for the three months ended in Dec. 2023 was ¥13.431. 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 ¥0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Risen Energy Co's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Risen Energy Co was 8.90% per year. The lowest was 8.50% per year. And the median was 8.70% per year.

As of today (2024-04-29), Risen Energy Co's current stock price is ¥12.62. Risen Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ¥0.00. Risen Energy Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Risen Energy Co was 5.19. The lowest was 1.05. And the median was 2.56.


Risen Energy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Risen Energy 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.

Risen Energy Co Cyclically Adjusted Book per Share Chart

Risen Energy 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 6.06 6.59 7.09 7.73 -

Risen Energy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.73 7.95 8.13 8.42 -

Competitive Comparison of Risen Energy Co's Cyclically Adjusted Book per Share

For the Solar subindustry, Risen Energy 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.


Risen Energy Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Risen Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Risen Energy Co's Cyclically Adjusted PB Ratio falls into.



Risen Energy 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, Risen Energy Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.431/114.6694*114.6694
=13.431

Current CPI (Dec. 2023) = 114.6694.

Risen Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.613 98.600 4.202
201406 3.630 98.200 4.239
201409 4.087 98.900 4.739
201412 4.141 99.000 4.796
201503 4.104 99.900 4.711
201506 4.287 99.500 4.941
201509 4.263 100.500 4.864
201512 4.481 100.600 5.108
201603 5.217 102.200 5.854
201606 5.340 101.400 6.039
201609 5.416 102.400 6.065
201612 5.602 102.600 6.261
201703 10.430 103.200 11.589
201706 7.817 103.100 8.694
201709 8.026 104.100 8.841
201712 8.266 104.500 9.070
201803 8.299 105.300 9.037
201806 8.220 104.900 8.986
201809 8.288 106.600 8.915
201812 8.217 106.500 8.847
201903 8.571 107.700 9.126
201906 8.720 107.700 9.284
201909 8.911 109.800 9.306
201912 9.151 111.200 9.437
202003 9.425 112.300 9.624
202006 9.531 110.400 9.900
202009 10.002 111.700 10.268
202012 9.367 111.500 9.633
202103 9.430 112.662 9.598
202106 9.098 111.769 9.334
202109 9.877 112.215 10.093
202112 9.408 113.108 9.538
202203 9.663 114.335 9.691
202206 9.983 114.558 9.993
202209 10.298 115.339 10.238
202212 10.496 115.116 10.455
202303 12.856 115.116 12.806
202306 13.013 114.558 13.026
202309 13.380 115.339 13.302
202312 13.431 114.669 13.431

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


Risen Energy Co  (SZSE:300118) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Risen Energy Co was 5.19. The lowest was 1.05. And the median was 2.56.


Be Aware

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


Risen Energy Co Cyclically Adjusted Book per Share Related Terms

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


Risen Energy Co (SZSE:300118) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Shaojia,Xidian, Ninghai County, Ningbo City, Zhejiang Province, CHN, 315613
Risen Energy Co Ltd is a hi-tech enterprise. It is engaged in production, sales and service of solar modules, products of photovoltaic technology, solar terminal application, and integration. Risen Energy also provides human-oriented, ordered training and promotion mechanism.

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