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Transportation Telecommunication & Information Dev Zhejiang (SZSE:300469) Cyclically Adjusted Book per Share : ¥1.78 (As of Mar. 2025)


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What is Transportation Telecommunication & Information Dev Zhejiang 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.

Transportation Telecommunication & Information Dev Zhejiang's adjusted book value per share for the three months ended in Mar. 2025 was ¥1.771. 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 ¥1.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Transportation Telecommunication & Information Dev Zhejiang's average Cyclically Adjusted Book Growth Rate was 4.70% 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 (2025-06-02), Transportation Telecommunication & Information Dev Zhejiang's current stock price is ¥29.51. Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.78. Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted PB Ratio of today is 16.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Transportation Telecommunication & Information Dev Zhejiang was 20.97. The lowest was 4.46. And the median was 9.54.


Transportation Telecommunication & Information Dev Zhejiang Cyclically Adjusted Book per Share Historical Data

The historical data trend for Transportation Telecommunication & Information Dev Zhejiang'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.

Transportation Telecommunication & Information Dev Zhejiang Cyclically Adjusted Book per Share Chart

Transportation Telecommunication & Information Dev Zhejiang Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.67 1.75

Transportation Telecommunication & Information Dev Zhejiang Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.70 1.73 1.75 1.75 1.78

Competitive Comparison of Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Transportation Telecommunication & Information Dev Zhejiang'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.


Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted PB Ratio falls into.


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Transportation Telecommunication & Information Dev Zhejiang 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, Transportation Telecommunication & Information Dev Zhejiang's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.771/115.1156*115.1156
=1.771

Current CPI (Mar. 2025) = 115.1156.

Transportation Telecommunication & Information Dev Zhejiang Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.423 99.500 1.646
201509 1.472 100.500 1.686
201512 1.670 100.600 1.911
201603 1.567 102.200 1.765
201606 1.547 101.400 1.756
201609 2.001 102.400 2.249
201612 2.162 102.600 2.426
201703 2.086 103.200 2.327
201706 2.108 103.100 2.354
201709 2.182 104.100 2.413
201712 2.021 104.500 2.226
201803 1.935 105.300 2.115
201806 1.998 104.900 2.193
201809 2.042 106.600 2.205
201812 2.183 106.500 2.360
201903 2.339 107.700 2.500
201906 2.288 107.700 2.446
201909 2.286 109.800 2.397
201912 1.449 111.200 1.500
202003 1.355 112.300 1.389
202006 1.448 110.400 1.510
202009 1.483 111.700 1.528
202012 1.147 111.500 1.184
202103 1.029 112.662 1.051
202106 1.111 111.769 1.144
202109 1.079 112.215 1.107
202112 0.745 113.108 0.758
202203 0.602 114.335 0.606
202206 0.863 114.558 0.867
202209 0.834 115.339 0.832
202212 0.426 115.116 0.426
202303 0.278 115.116 0.278
202306 2.867 114.558 2.881
202309 2.804 115.339 2.799
202312 2.325 114.781 2.332
202403 2.230 115.227 2.228
202406 2.170 114.781 2.176
202409 2.063 115.785 2.051
202412 1.851 114.893 1.855
202503 1.771 115.116 1.771

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


Transportation Telecommunication & Information Dev Zhejiang  (SZSE:300469) 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.

Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.51/1.78
=16.58

* 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 Transportation Telecommunication & Information Dev Zhejiang was 20.97. The lowest was 4.46. And the median was 9.54.


Be Aware

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


Transportation Telecommunication & Information Dev Zhejiang Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Transportation Telecommunication & Information Dev Zhejiang's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Transportation Telecommunication & Information Dev Zhejiang Business Description

Traded in Other Exchanges
N/A
Address
No. 6011, Songze Avenue, Qingpu, Shanghai, CHN, 314050
Transportation Telecommunication & Information Dev Inc Ltd Zhejiang Formerly Trust Alliance Information Development Inc Ltd Shanghai is engaged in provision of information system development and services in the fields of archives, food circulation traceability, politics and law. It provides customers with related overall solutions such as information system planning consultation, software and hardware product development, system integration, operation maintenance and promotion.
Executives
Zhang Shu Hua Directors, executives
Liu Li Zhou Director
Li Zhi Qing Director
Xu Yun Wei Directors, executives
Yang An Rong Directors, executives
Zhang Ying Directors, executives
Chen Ruo Chu Supervisors

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