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Xuzhou Handler Special Vehicle Co (SZSE:300201) Cyclically Adjusted Book per Share : ¥1.33 (As of Mar. 2024)


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What is Xuzhou Handler Special Vehicle 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.

Xuzhou Handler Special Vehicle Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥1.291. 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 ¥1.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Xuzhou Handler Special Vehicle Co's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 Xuzhou Handler Special Vehicle Co was 4.20% per year. The lowest was 3.80% per year. And the median was 4.00% per year.

As of today (2024-05-16), Xuzhou Handler Special Vehicle Co's current stock price is ¥4.00. Xuzhou Handler Special Vehicle Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.33. Xuzhou Handler Special Vehicle Co's Cyclically Adjusted PB Ratio of today is 3.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xuzhou Handler Special Vehicle Co was 5.08. The lowest was 1.41. And the median was 3.03.


Xuzhou Handler Special Vehicle Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xuzhou Handler Special Vehicle 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.

Xuzhou Handler Special Vehicle Co Cyclically Adjusted Book per Share Chart

Xuzhou Handler Special Vehicle 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 1.14 1.18 1.23 1.29 1.32

Xuzhou Handler Special Vehicle 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 1.30 1.30 1.32 1.32 1.33

Competitive Comparison of Xuzhou Handler Special Vehicle Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Xuzhou Handler Special Vehicle 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.


Xuzhou Handler Special Vehicle Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xuzhou Handler Special Vehicle Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xuzhou Handler Special Vehicle Co's Cyclically Adjusted PB Ratio falls into.



Xuzhou Handler Special Vehicle 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, Xuzhou Handler Special Vehicle 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)
=1.291/115.2271*115.2271
=1.291

Current CPI (Mar. 2024) = 115.2271.

Xuzhou Handler Special Vehicle Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.779 98.200 0.914
201409 0.785 98.900 0.915
201412 0.795 99.000 0.925
201503 0.850 99.900 0.980
201506 0.838 99.500 0.970
201509 0.861 100.500 0.987
201512 0.895 100.600 1.025
201603 1.192 102.200 1.344
201606 1.194 101.400 1.357
201609 1.260 102.400 1.418
201612 1.314 102.600 1.476
201703 1.319 103.200 1.473
201706 1.333 103.100 1.490
201709 1.366 104.100 1.512
201712 1.489 104.500 1.642
201803 1.453 105.300 1.590
201806 1.412 104.900 1.551
201809 1.465 106.600 1.584
201812 1.535 106.500 1.661
201903 1.520 107.700 1.626
201906 1.528 107.700 1.635
201909 1.542 109.800 1.618
201912 1.567 111.200 1.624
202003 1.569 112.300 1.610
202006 1.541 110.400 1.608
202009 1.294 111.700 1.335
202012 1.104 111.500 1.141
202103 1.115 112.662 1.140
202106 1.128 111.769 1.163
202109 1.152 112.215 1.183
202112 1.233 113.108 1.256
202203 1.252 114.335 1.262
202206 1.272 114.558 1.279
202209 1.295 115.339 1.294
202212 1.304 115.116 1.305
202303 1.326 115.116 1.327
202306 1.365 114.558 1.373
202309 1.339 115.339 1.338
202312 1.270 114.781 1.275
202403 1.291 115.227 1.291

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


Xuzhou Handler Special Vehicle Co  (SZSE:300201) 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.

Xuzhou Handler Special Vehicle Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.00/1.33
=3.01

* 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 Xuzhou Handler Special Vehicle Co was 5.08. The lowest was 1.41. And the median was 3.03.


Be Aware

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


Xuzhou Handler Special Vehicle Co Cyclically Adjusted Book per Share Related Terms

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


Xuzhou Handler Special Vehicle Co (SZSE:300201) Business Description

Traded in Other Exchanges
N/A
Address
19 Luoshan Road, Economic Development Zone, Xuzhou, CHN, 221004
Xuzhou Handler Special Vehicle Co Ltd is engaged in the research and development, production and sales of vehicle-mounted mobile elevating work platforms and electric power supporting vehicles in China. Its product includes vehicle-mounted mobile elevating work platform; electric power supporting vehicles; fire trucks; fire robots; LED intelligent power products; robot integrated applications; and robot education, as well as customization products.

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