GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gansu Longshenrongfa Pharmaceutical Industry Co Ltd (SZSE:300534) » Definitions » Cyclically Adjusted Book per Share

Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Cyclically Adjusted Book per Share : ¥2.38 (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is Gansu Longshenrongfa Pharmaceutical Industry 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.

Gansu Longshenrongfa Pharmaceutical Industry Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥2.307. 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 ¥2.38 for the trailing ten years ended in Mar. 2025.

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), Gansu Longshenrongfa Pharmaceutical Industry Co's current stock price is ¥10.65. Gansu Longshenrongfa Pharmaceutical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.38. Gansu Longshenrongfa Pharmaceutical Industry Co's Cyclically Adjusted PB Ratio of today is 4.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gansu Longshenrongfa Pharmaceutical Industry Co was 4.47. The lowest was 3.05. And the median was 3.68.


Gansu Longshenrongfa Pharmaceutical Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gansu Longshenrongfa Pharmaceutical Industry 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.

Gansu Longshenrongfa Pharmaceutical Industry Co Cyclically Adjusted Book per Share Chart

Gansu Longshenrongfa Pharmaceutical Industry 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 - - - - 2.36

Gansu Longshenrongfa Pharmaceutical Industry 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 - 2.31 2.36 2.36 2.38

Competitive Comparison of Gansu Longshenrongfa Pharmaceutical Industry Co's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Gansu Longshenrongfa Pharmaceutical Industry 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.


Gansu Longshenrongfa Pharmaceutical Industry Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Gansu Longshenrongfa Pharmaceutical Industry Co's Cyclically Adjusted PB Ratio falls into.


;
;

Gansu Longshenrongfa Pharmaceutical Industry 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, Gansu Longshenrongfa Pharmaceutical Industry 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)
=2.307/115.1156*115.1156
=2.307

Current CPI (Mar. 2025) = 115.1156.

Gansu Longshenrongfa Pharmaceutical Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.596 99.000 1.856
201509 0.000 100.500 0.000
201512 1.783 100.600 2.040
201603 0.000 102.200 0.000
201606 1.891 101.400 2.147
201609 2.280 102.400 2.563
201612 2.320 102.600 2.603
201703 2.345 103.200 2.616
201706 2.337 103.100 2.609
201709 2.334 104.100 2.581
201712 2.348 104.500 2.587
201803 2.369 105.300 2.590
201806 2.371 104.900 2.602
201809 2.371 106.600 2.560
201812 2.376 106.500 2.568
201903 2.398 107.700 2.563
201906 2.393 107.700 2.558
201909 2.384 109.800 2.499
201912 2.408 111.200 2.493
202003 2.409 112.300 2.469
202006 2.364 110.400 2.465
202009 2.356 111.700 2.428
202012 2.404 111.500 2.482
202103 2.405 112.662 2.457
202106 2.405 111.769 2.477
202109 2.377 112.215 2.438
202112 2.374 113.108 2.416
202203 2.376 114.335 2.392
202206 2.381 114.558 2.393
202209 2.392 115.339 2.387
202212 2.734 115.116 2.734
202303 1.945 115.116 1.945
202306 1.985 114.558 1.995
202309 2.033 115.339 2.029
202312 2.089 114.781 2.095
202403 2.162 115.227 2.160
202406 2.140 114.781 2.146
202409 2.131 115.785 2.119
202412 2.183 114.893 2.187
202503 2.307 115.116 2.307

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


Gansu Longshenrongfa Pharmaceutical Industry Co  (SZSE:300534) 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.

Gansu Longshenrongfa Pharmaceutical Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.65/2.38
=4.47

* 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 Gansu Longshenrongfa Pharmaceutical Industry Co was 4.47. The lowest was 3.05. And the median was 3.68.


Be Aware

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


Gansu Longshenrongfa Pharmaceutical Industry Co Cyclically Adjusted Book per Share Related Terms

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


Gansu Longshenrongfa Pharmaceutical Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Guofang Road, Dingyuan Town, Yuzhong County, Gansu Province, Lanzhou, CHN, 730102
Gansu Longshenrongfa Pharmaceutical Industry Co Ltd is mainly engaged in the pharmaceutical business. It is engaged in the research and development of new drugs, traditional Chinese medicine processing and production. Its products portfolio includes Yuan Hu Zhitong Dripping Pills, Qiwei Wenyang Capsule and Xiaoshuan Tongluo Tablets. Its products are used to adjust gas, promote blood circulation, relieve pain, relieve cough, eliminate phlegm, relieve asthma, clear heat and dispel dampness, among others.
Executives
Chen Yao Wu Executives
Zhang Jin De Director
Zhang Fan Executives
Kong Jian Feng Executives
Yue Qing Xin Supervisors
Kang Yong Hong Executives

Gansu Longshenrongfa Pharmaceutical Industry Co Headlines

No Headlines