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Wuxi Lead Intelligent Equipment Co (SZSE:300450) Cyclically Adjusted Book per Share : ¥3.39 (As of Mar. 2024)


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What is Wuxi Lead Intelligent Equipment 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.

Wuxi Lead Intelligent Equipment Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥7.931. 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 ¥3.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wuxi Lead Intelligent Equipment Co's average Cyclically Adjusted Book Growth Rate was 25.60% 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 (2024-05-01), Wuxi Lead Intelligent Equipment Co's current stock price is ¥22.30. Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.39. Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted PB Ratio of today is 6.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wuxi Lead Intelligent Equipment Co was 14.99. The lowest was 5.87. And the median was 8.85.


Wuxi Lead Intelligent Equipment Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wuxi Lead Intelligent Equipment 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.

Wuxi Lead Intelligent Equipment Co Cyclically Adjusted Book per Share Chart

Wuxi Lead Intelligent Equipment 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 - - - - 3.27

Wuxi Lead Intelligent Equipment 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 2.70 2.88 3.10 3.27 3.39

Competitive Comparison of Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Wuxi Lead Intelligent Equipment 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.


Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted PB Ratio falls into.



Wuxi Lead Intelligent Equipment 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, Wuxi Lead Intelligent Equipment 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)
=7.931/114.6694*114.6694
=7.931

Current CPI (Mar. 2024) = 114.6694.

Wuxi Lead Intelligent Equipment Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.250 98.200 0.292
201409 0.000 98.900 0.000
201412 0.220 99.000 0.255
201503 0.224 99.900 0.257
201506 0.493 99.500 0.568
201509 0.498 100.500 0.568
201512 0.559 100.600 0.637
201603 0.539 102.200 0.605
201606 0.574 101.400 0.649
201609 0.619 102.400 0.693
201612 0.724 102.600 0.809
201703 0.794 103.200 0.882
201706 0.821 103.100 0.913
201709 1.795 104.100 1.977
201712 1.979 104.500 2.172
201803 2.095 105.300 2.281
201806 2.159 104.900 2.360
201809 2.297 106.600 2.471
201812 2.440 106.500 2.627
201903 2.582 107.700 2.749
201906 2.556 107.700 2.721
201909 2.729 109.800 2.850
201912 3.038 111.200 3.133
202003 3.108 112.300 3.174
202006 3.203 110.400 3.327
202009 3.390 111.700 3.480
202012 3.868 111.500 3.978
202103 4.005 112.662 4.076
202106 5.330 111.769 5.468
202109 5.665 112.215 5.789
202112 6.055 113.108 6.139
202203 6.283 114.335 6.301
202206 6.094 114.558 6.100
202209 6.653 115.339 6.614
202212 7.103 115.116 7.075
202303 7.478 115.116 7.449
202306 7.366 114.558 7.373
202309 8.011 115.339 7.965
202312 7.565 114.669 7.565
202403 7.931 114.669 7.931

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


Wuxi Lead Intelligent Equipment Co  (SZSE:300450) 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.

Wuxi Lead Intelligent Equipment Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.30/3.39
=6.58

* 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 Wuxi Lead Intelligent Equipment Co was 14.99. The lowest was 5.87. And the median was 8.85.


Be Aware

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


Wuxi Lead Intelligent Equipment Co Cyclically Adjusted Book per Share Related Terms

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


Wuxi Lead Intelligent Equipment Co (SZSE:300450) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Xinxi Road, Wuxi National Hi-Tech Industrial Development Zone, Jiangsu Province, Wuxi, CHN, 214028
Wuxi Lead Intelligent Equipment Co Ltd, formerly Wuxi Lead Auto Equipment Co Ltd is engaged in manufacturing automation equipment such as lithium battery manufacturing equipment, automatic winding machine & Photovoltaic cells automation equipment.

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