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Chaozhou Three-Circle (Group) Co (SZSE:300408) Cyclically Adjusted Book per Share : ¥5.62 (As of Sep. 2024)


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What is Chaozhou Three-Circle (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.

Chaozhou Three-Circle (Group) Co's adjusted book value per share for the three months ended in Sep. 2024 was ¥10.072. 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 ¥5.62 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Chaozhou Three-Circle (Group) Co's average Cyclically Adjusted Book Growth Rate was 17.10% 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 (2024-12-15), Chaozhou Three-Circle (Group) Co's current stock price is ¥38.21. Chaozhou Three-Circle (Group) Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥5.62. Chaozhou Three-Circle (Group) Co's Cyclically Adjusted PB Ratio of today is 6.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chaozhou Three-Circle (Group) Co was 7.99. The lowest was 4.45. And the median was 6.37.


Chaozhou Three-Circle (Group) Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chaozhou Three-Circle (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.

Chaozhou Three-Circle (Group) Co Cyclically Adjusted Book per Share Chart

Chaozhou Three-Circle (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 - - - 4.32 4.94

Chaozhou Three-Circle (Group) 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 4.80 4.94 5.17 5.36 5.62

Competitive Comparison of Chaozhou Three-Circle (Group) Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Chaozhou Three-Circle (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.


Chaozhou Three-Circle (Group) Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chaozhou Three-Circle (Group) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chaozhou Three-Circle (Group) Co's Cyclically Adjusted PB Ratio falls into.



Chaozhou Three-Circle (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, Chaozhou Three-Circle (Group) 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)
=10.072/115.7848*115.7848
=10.072

Current CPI (Sep. 2024) = 115.7848.

Chaozhou Three-Circle (Group) Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.105 99.000 2.462
201503 2.202 99.900 2.552
201506 2.204 99.500 2.565
201509 2.403 100.500 2.768
201512 2.477 100.600 2.851
201603 2.612 102.200 2.959
201606 2.605 101.400 2.975
201609 2.790 102.400 3.155
201612 2.960 102.600 3.340
201703 3.097 103.200 3.475
201706 3.014 103.100 3.385
201709 3.189 104.100 3.547
201712 3.414 104.500 3.783
201803 3.535 105.300 3.887
201806 3.530 104.900 3.896
201809 3.785 106.600 4.111
201812 4.011 106.500 4.361
201903 4.177 107.700 4.491
201906 4.078 107.700 4.384
201909 4.189 109.800 4.417
201912 4.308 111.200 4.486
202003 4.447 112.300 4.585
202006 4.492 110.400 4.711
202009 4.739 111.700 4.912
202012 5.952 111.500 6.181
202103 6.219 112.662 6.391
202106 6.286 111.769 6.512
202109 6.618 112.215 6.829
202112 8.448 113.108 8.648
202203 8.703 114.335 8.813
202206 8.610 114.558 8.702
202209 8.768 115.339 8.802
202212 8.922 115.116 8.974
202303 9.091 115.116 9.144
202306 9.069 114.558 9.166
202309 9.268 115.339 9.304
202312 9.514 114.781 9.597
202403 9.725 115.227 9.772
202406 9.752 114.781 9.837
202409 10.072 115.785 10.072

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


Chaozhou Three-Circle (Group) Co  (SZSE:300408) 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.

Chaozhou Three-Circle (Group) Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.21/5.62
=6.80

* 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 Chaozhou Three-Circle (Group) Co was 7.99. The lowest was 4.45. And the median was 6.37.


Be Aware

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


Chaozhou Three-Circle (Group) Co Cyclically Adjusted Book per Share Related Terms

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


Chaozhou Three-Circle (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
Sanhuan Industrial District, Fengtang, Chaozhou, Guangdong, CHN, 515646
Chaozhou Three-Circle (Group) Co Ltd is a China-based company engages in the field of electronic components and ceramics. Its products include fiber optic component, ceramic substrates, multilayer ceramic chip capacitor, resistors, ceramic rods, light-emitting diode ceramic package, surface mount device ceramic package, electronic-ceramic parts, mechanical structural ceramic parts, metalized ceramics, electric ceramics, fashion ceramics, ceramic blade, and aluminum nitride ceramic substrates.
Executives
Ge Yun Cheng Supervisors
Qiu Ji Hua Directors, executives
Wu Xiao Chun Securities Affairs Representative
Gu Qun Independent director
Xie Can Sheng Directors, executives
Zhang Wei Fa Executives
Ye Ying Qing Supervisors
Long Yu Kun Executives

Chaozhou Three-Circle (Group) Co Headlines

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