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Zhejiang Xinguang Pharmaceutical Co (SZSE:300519) Cyclically Adjusted Book per Share : ¥4.95 (As of Mar. 2025)


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What is Zhejiang Xinguang Pharmaceutical 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.

Zhejiang Xinguang Pharmaceutical Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥5.344. 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 ¥4.95 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Zhejiang Xinguang Pharmaceutical Co's average Cyclically Adjusted Book Growth Rate was 5.50% 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 (2025-06-02), Zhejiang Xinguang Pharmaceutical Co's current stock price is ¥15.00. Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.95. Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted PB Ratio of today is 3.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zhejiang Xinguang Pharmaceutical Co was 3.57. The lowest was 2.20. And the median was 2.72.


Zhejiang Xinguang Pharmaceutical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zhejiang Xinguang Pharmaceutical 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.

Zhejiang Xinguang Pharmaceutical Co Cyclically Adjusted Book per Share Chart

Zhejiang Xinguang Pharmaceutical Co 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 - - - 4.64 4.93

Zhejiang Xinguang Pharmaceutical Co 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 4.69 4.77 4.89 4.93 4.95

Competitive Comparison of Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Xinguang Pharmaceutical 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.


Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


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Zhejiang Xinguang Pharmaceutical 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, Zhejiang Xinguang Pharmaceutical Co'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)
=5.344/115.1156*115.1156
=5.344

Current CPI (Mar. 2025) = 115.1156.

Zhejiang Xinguang Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 2.578 100.600 2.950
201603 2.173 102.200 2.448
201606 3.606 101.400 4.094
201609 3.778 102.400 4.247
201612 4.003 102.600 4.491
201703 4.212 103.200 4.698
201706 4.071 103.100 4.545
201709 4.220 104.100 4.667
201712 4.411 104.500 4.859
201803 4.617 105.300 5.047
201806 4.418 104.900 4.848
201809 4.573 106.600 4.938
201812 4.708 106.500 5.089
201903 4.914 107.700 5.252
201906 4.679 107.700 5.001
201909 4.840 109.800 5.074
201912 4.998 111.200 5.174
202003 5.170 112.300 5.300
202006 4.838 110.400 5.045
202009 5.021 111.700 5.175
202012 5.168 111.500 5.336
202103 5.413 112.662 5.531
202106 4.926 111.769 5.073
202109 5.121 112.215 5.253
202112 5.289 113.108 5.383
202203 5.558 114.335 5.596
202206 5.069 114.558 5.094
202209 5.246 115.339 5.236
202212 5.368 115.116 5.368
202303 5.559 115.116 5.559
202306 5.111 114.558 5.136
202309 5.238 115.339 5.228
202312 5.276 114.781 5.291
202403 5.416 115.227 5.411
202406 5.034 114.781 5.049
202409 5.112 115.785 5.082
202412 5.191 114.893 5.201
202503 5.344 115.116 5.344

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


Zhejiang Xinguang Pharmaceutical Co  (SZSE:300519) 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.

Zhejiang Xinguang Pharmaceutical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.00/4.95
=3.03

* 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 Zhejiang Xinguang Pharmaceutical Co was 3.57. The lowest was 2.20. And the median was 2.72.


Be Aware

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


Zhejiang Xinguang Pharmaceutical Co Cyclically Adjusted Book per Share Related Terms

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


Zhejiang Xinguang Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No.25, Huancheng West Road, Zhejiang Province, Shengzhou, CHN, 312400
Zhejiang Xinguang Pharmaceutical Co Ltd manufactures and operates pharmaceuticals. Its products cover cardiovascular, digestive, respiratory, orthopaedic, health food, urinary, and tonic systems and remove heat and toxic substances. It produces oral solutions, tablets, capsules, granules, powders, and syrup drugs.

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