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Nsfocus Technologies Group Co (SZSE:300369) Cyclically Adjusted Book per Share : ¥3.57 (As of Mar. 2024)


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What is Nsfocus Technologies Group 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.

Nsfocus Technologies Group Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.256. 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 ¥3.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nsfocus Technologies Group Co's 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.

As of today (2024-06-19), Nsfocus Technologies Group Co's current stock price is ¥5.57. Nsfocus Technologies Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.57. Nsfocus Technologies Group Co's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nsfocus Technologies Group Co was 6.55. The lowest was 1.43. And the median was 3.39.


Nsfocus Technologies Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nsfocus Technologies Group 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.

Nsfocus Technologies Group Co Cyclically Adjusted Book per Share Chart

Nsfocus Technologies Group 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 - - 2.88 3.26 3.51

Nsfocus Technologies Group 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 3.29 3.36 3.46 3.51 3.57

Competitive Comparison of Nsfocus Technologies Group Co's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Nsfocus Technologies Group 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.


Nsfocus Technologies Group Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Nsfocus Technologies Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nsfocus Technologies Group Co's Cyclically Adjusted PB Ratio falls into.



Nsfocus Technologies Group 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, Nsfocus Technologies Group 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)
=3.256/115.2271*115.2271
=3.256

Current CPI (Mar. 2024) = 115.2271.

Nsfocus Technologies Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.167 98.200 1.369
201409 1.167 98.900 1.360
201412 1.434 99.000 1.669
201503 2.021 99.900 2.331
201506 2.010 99.500 2.328
201509 2.048 100.500 2.348
201512 2.349 100.600 2.691
201603 2.277 102.200 2.567
201606 2.339 101.400 2.658
201609 2.325 102.400 2.616
201612 2.578 102.600 2.895
201703 2.507 103.200 2.799
201706 3.288 103.100 3.675
201709 3.276 104.100 3.626
201712 3.564 104.500 3.930
201803 3.537 105.300 3.870
201806 3.573 104.900 3.925
201809 3.599 106.600 3.890
201812 3.894 106.500 4.213
201903 3.917 107.700 4.191
201906 3.840 107.700 4.108
201909 3.887 109.800 4.079
201912 4.190 111.200 4.342
202003 4.174 112.300 4.283
202006 4.143 110.400 4.324
202009 4.116 111.700 4.246
202012 4.381 111.500 4.527
202103 4.040 112.662 4.132
202106 4.031 111.769 4.156
202109 4.031 112.215 4.139
202112 4.553 113.108 4.638
202203 4.444 114.335 4.479
202206 4.294 114.558 4.319
202209 4.280 115.339 4.276
202212 4.582 115.116 4.586
202303 4.366 115.116 4.370
202306 4.103 114.558 4.127
202309 3.978 115.339 3.974
202312 3.431 114.781 3.444
202403 3.256 115.227 3.256

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


Nsfocus Technologies Group Co  (SZSE:300369) 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.

Nsfocus Technologies Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.57/3.57
=1.56

* 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 Nsfocus Technologies Group Co was 6.55. The lowest was 1.43. And the median was 3.39.


Be Aware

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


Nsfocus Technologies Group Co Cyclically Adjusted Book per Share Related Terms

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


Nsfocus Technologies Group Co (SZSE:300369) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Beibei Road, 5th Floor, Yitai Building, Haidian District, Beijing, CHN, 100089
Nsfocus Technologies Group Co Ltd is a China based internet and application security company. It offers enterprise-level network security solutions and services. The products offered by the company are Anti-DDoS system, Cloud DDoS protection service, Threat intelligence subscription service, Web application firewall, and Web vulnerability scanning system. In addition, it also offers solutions such as cloud DDoS defenses, on-premises DDoS defenses, Hybrid DDoS defenses, global threat intelligence, among others. The company has a business presence in China and other international countries.
Executives
Shen Ji Ye Director
Zhao Liang Executives
Li Lu Supervisors
Du Yan Ying Securities Affairs Representative
Li Hong Directors, Directors, and Executives
Chen Ke Executives
Ye Xiao Hu Executives

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