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Funeng Oriental Equipment Technology Co (SZSE:300173) Cyclically Adjusted Book per Share : ¥2.10 (As of Mar. 2025)


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What is Funeng Oriental Equipment Technology 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.

Funeng Oriental Equipment Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥1.350. 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 ¥2.10 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Funeng Oriental Equipment Technology Co's average Cyclically Adjusted Book Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.70% 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 Funeng Oriental Equipment Technology Co was 3.60% per year. The lowest was -2.40% per year. And the median was 0.15% per year.

As of today (2025-06-02), Funeng Oriental Equipment Technology Co's current stock price is ¥5.30. Funeng Oriental Equipment Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.10. Funeng Oriental Equipment Technology Co's Cyclically Adjusted PB Ratio of today is 2.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Funeng Oriental Equipment Technology Co was 4.37. The lowest was 1.50. And the median was 2.29.


Funeng Oriental Equipment Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Funeng Oriental Equipment Technology 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.

Funeng Oriental Equipment Technology Co Cyclically Adjusted Book per Share Chart

Funeng Oriental Equipment Technology Co 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 2.26 2.29 2.28 2.20 2.13

Funeng Oriental Equipment Technology Co 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 2.19 2.17 2.19 2.13 2.10

Competitive Comparison of Funeng Oriental Equipment Technology Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Funeng Oriental Equipment Technology 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.


Funeng Oriental Equipment Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Funeng Oriental Equipment Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Funeng Oriental Equipment Technology Co's Cyclically Adjusted PB Ratio falls into.


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Funeng Oriental Equipment Technology 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, Funeng Oriental Equipment Technology Co'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)
=1.35/115.1156*115.1156
=1.350

Current CPI (Mar. 2025) = 115.1156.

Funeng Oriental Equipment Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.629 99.500 3.042
201509 2.663 100.500 3.050
201512 2.716 100.600 3.108
201603 2.734 102.200 3.080
201606 2.756 101.400 3.129
201609 2.758 102.400 3.100
201612 2.803 102.600 3.145
201703 2.805 103.200 3.129
201706 2.889 103.100 3.226
201709 2.853 104.100 3.155
201712 2.878 104.500 3.170
201803 2.895 105.300 3.165
201806 2.901 104.900 3.184
201809 2.893 106.600 3.124
201812 1.441 106.500 1.558
201903 1.443 107.700 1.542
201906 1.450 107.700 1.550
201909 1.447 109.800 1.517
201912 1.188 111.200 1.230
202003 1.002 112.300 1.027
202006 1.739 110.400 1.813
202009 2.123 111.700 2.188
202012 2.144 111.500 2.214
202103 2.077 112.662 2.122
202106 2.096 111.769 2.159
202109 2.087 112.215 2.141
202112 1.621 113.108 1.650
202203 1.612 114.335 1.623
202206 1.618 114.558 1.626
202209 1.612 115.339 1.609
202212 1.157 115.116 1.157
202303 1.166 115.116 1.166
202306 1.218 114.558 1.224
202309 1.186 115.339 1.184
202312 1.226 114.781 1.230
202403 1.289 115.227 1.288
202406 1.254 114.781 1.258
202409 1.237 115.785 1.230
202412 1.343 114.893 1.346
202503 1.350 115.116 1.350

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


Funeng Oriental Equipment Technology Co  (SZSE:300173) 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.

Funeng Oriental Equipment Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.30/2.10
=2.52

* 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 Funeng Oriental Equipment Technology Co was 4.37. The lowest was 1.50. And the median was 2.29.


Be Aware

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


Funeng Oriental Equipment Technology Co Cyclically Adjusted Book per Share Related Terms

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


Funeng Oriental Equipment Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Fengshou Street, No. 47, Room 209, 2nd Floor, Building 1, Foshan, CHN, 528000
Funeng Oriental Equipment Technology Co Ltd, formerly Sotech Smarter Equipment Co Ltd is engaged in manufacturing printing and converting machinery in China. It provides a variety of equipment for the customization requirements of various industries. Its products include rotogravure and flexographic printing machines, extrusion machines, slitting rewinders, coating machines, extrusion coaters and laminating machines.
Executives
He Zhi Pan Director
Guo Jing Song Directors, executives
Liu Yao Yuan Supervisors
Lei Wan Chun Directors, executives
Zhang Xiao Ling Director
Zhang Xing Bin Director
Liu Shuo Executives
Yu Xiao Lan Supervisors
Guo Xiao Chun Supervisors
Tang Xian Shi Director
Qin Bo Director
Liu Guo Qin Supervisors
Huang Yan Ling Executives
Li Yong Cheng Executives

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