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SF Diamond Co (SZSE:300179) Cyclically Adjusted Book per Share : ¥1.93 (As of Mar. 2024)


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What is SF Diamond 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.

SF Diamond Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥2.507. 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 ¥1.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SF Diamond Co's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 SF Diamond Co was 6.70% per year. The lowest was 3.60% per year. And the median was 4.80% per year.

As of today (2024-05-23), SF Diamond Co's current stock price is ¥7.84. SF Diamond Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.93. SF Diamond Co's Cyclically Adjusted PB Ratio of today is 4.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SF Diamond Co was 10.44. The lowest was 2.65. And the median was 4.42.


SF Diamond Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SF Diamond 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.

SF Diamond Co Cyclically Adjusted Book per Share Chart

SF Diamond 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 1.60 1.71 1.76 1.84 1.90

SF Diamond 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 1.85 1.86 1.89 1.90 1.93

Competitive Comparison of SF Diamond Co's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, SF Diamond 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.


SF Diamond Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SF Diamond Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SF Diamond 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, SF Diamond 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)
=2.507/115.2271*115.2271
=2.507

Current CPI (Mar. 2024) = 115.2271.

SF Diamond Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.462 98.200 1.715
201409 1.490 98.900 1.736
201412 1.507 99.000 1.754
201503 1.532 99.900 1.767
201506 1.508 99.500 1.746
201509 1.544 100.500 1.770
201512 1.548 100.600 1.773
201603 1.556 102.200 1.754
201606 1.515 101.400 1.722
201609 1.528 102.400 1.719
201612 1.559 102.600 1.751
201703 1.590 103.200 1.775
201706 1.641 103.100 1.834
201709 1.691 104.100 1.872
201712 1.686 104.500 1.859
201803 1.650 105.300 1.806
201806 1.599 104.900 1.756
201809 1.653 106.600 1.787
201812 1.684 106.500 1.822
201903 1.729 107.700 1.850
201906 1.722 107.700 1.842
201909 1.774 109.800 1.862
201912 1.836 111.200 1.902
202003 1.927 112.300 1.977
202006 1.789 110.400 1.867
202009 1.792 111.700 1.849
202012 1.836 111.500 1.897
202103 1.886 112.662 1.929
202106 1.824 111.769 1.880
202109 1.872 112.215 1.922
202112 1.920 113.108 1.956
202203 2.011 114.335 2.027
202206 2.110 114.558 2.122
202209 2.204 115.339 2.202
202212 2.176 115.116 2.178
202303 2.248 115.116 2.250
202306 2.355 114.558 2.369
202309 2.418 115.339 2.416
202312 2.479 114.781 2.489
202403 2.507 115.227 2.507

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


SF Diamond Co  (SZSE:300179) 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.

SF Diamond Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.84/1.93
=4.06

* 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 SF Diamond Co was 10.44. The lowest was 2.65. And the median was 4.42.


Be Aware

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


SF Diamond Co Cyclically Adjusted Book per Share Related Terms

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


SF Diamond Co (SZSE:300179) Business Description

Traded in Other Exchanges
N/A
Address
No. 109, 10th Street, Economic & Technological Development Area, Zhengzhou, CHN, 450016
SF Diamond Co Ltd is a China-based company engages in the manufacture of Polycrystalline Diamond (PCD) and related products. Its products include PCD cutters, PCD cutting tool blanks, PCD die blankets for wire drawing, Solid PCBN, Carbided PDBN, and PDC pick.

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