GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fuchun Technology Co Ltd (SZSE:300299) » Definitions » Cyclically Adjusted Book per Share

Fuchun Technology Co (SZSE:300299) Cyclically Adjusted Book per Share : ¥1.33 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Fuchun 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.

Fuchun Technology Co's adjusted book value per share for the three months ended in Sep. 2024 was ¥0.781. 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 Sep. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 Fuchun Technology Co was 0.30% per year. The lowest was 0.30% per year. And the median was 0.30% per year.

As of today (2024-12-15), Fuchun Technology Co's current stock price is ¥8.90. Fuchun Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥1.33. Fuchun Technology Co's Cyclically Adjusted PB Ratio of today is 6.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuchun Technology Co was 9.06. The lowest was 2.59. And the median was 4.43.


Fuchun Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fuchun 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.

Fuchun Technology Co Cyclically Adjusted Book per Share Chart

Fuchun Technology 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 - 1.31 1.31 1.33 1.32

Fuchun Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.33 1.32 1.32 1.32 1.33

Competitive Comparison of Fuchun Technology Co's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Fuchun 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.


Fuchun Technology Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fuchun Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fuchun 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, Fuchun Technology Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.781/115.7848*115.7848
=0.781

Current CPI (Sep. 2024) = 115.7848.

Fuchun Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.766 99.000 0.896
201503 0.764 99.900 0.885
201506 1.722 99.500 2.004
201509 1.747 100.500 2.013
201512 1.786 100.600 2.056
201603 1.805 102.200 2.045
201606 1.815 101.400 2.072
201609 1.860 102.400 2.103
201612 1.908 102.600 2.153
201703 1.992 103.200 2.235
201706 2.018 103.100 2.266
201709 1.974 104.100 2.196
201712 1.680 104.500 1.861
201803 1.712 105.300 1.882
201806 1.717 104.900 1.895
201809 1.684 106.600 1.829
201812 1.696 106.500 1.844
201903 1.739 107.700 1.870
201906 1.732 107.700 1.862
201909 1.537 109.800 1.621
201912 0.716 111.200 0.746
202003 0.724 112.300 0.746
202006 0.609 110.400 0.639
202009 0.683 111.700 0.708
202012 0.650 111.500 0.675
202103 0.666 112.662 0.684
202106 0.676 111.769 0.700
202109 0.738 112.215 0.761
202112 0.758 113.108 0.776
202203 0.776 114.335 0.786
202206 0.789 114.558 0.797
202209 0.796 115.339 0.799
202212 0.825 115.116 0.830
202303 0.836 115.116 0.841
202306 0.851 114.558 0.860
202309 0.837 115.339 0.840
202312 0.838 114.781 0.845
202403 0.818 115.227 0.822
202406 0.792 114.781 0.799
202409 0.781 115.785 0.781

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


Fuchun Technology Co  (SZSE:300299) 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.

Fuchun Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.90/1.33
=6.69

* 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 Fuchun Technology Co was 9.06. The lowest was 2.59. And the median was 4.43.


Be Aware

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


Fuchun Technology Co Cyclically Adjusted Book per Share Related Terms

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


Fuchun Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 89, Tongpan Road, Building 25, Section C, Software Avenue, Gulou District, Fujian Province, Fuzhou, CHN, 350003
Fuchun Technology Co Ltd is engaged in the provision of communication network constructive technological services. The company provides network development scheme, plans, designs, construction management and business support for communication operators, governments and large enterprises.
Executives
Lin Jian Ping Secretary Dong
Lin Mei Executives
Chen Ping Directors, executives
Mou Pin Zhang Director
Fan Ping Directors, executives
Ou Xin Yong Supervisors
Xu Bin Executives, directors
Huang Xi Director
Weng Kun Peng Supervisors

Fuchun Technology Co Headlines

No Headlines