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Sichuan Dowell Science and Technology (SZSE:300535) Cyclically Adjusted Book per Share : ¥7.45 (As of Jun. 2024)


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What is Sichuan Dowell Science and Technology 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.

Sichuan Dowell Science and Technology's adjusted book value per share for the three months ended in Jun. 2024 was ¥9.253. 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 ¥7.45 for the trailing ten years ended in Jun. 2024.

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 (2024-09-22), Sichuan Dowell Science and Technology's current stock price is ¥11.19. Sichuan Dowell Science and Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ¥7.45. Sichuan Dowell Science and Technology's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sichuan Dowell Science and Technology was 2.46. The lowest was 1.38. And the median was 1.67.


Sichuan Dowell Science and Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sichuan Dowell Science and Technology'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.

Sichuan Dowell Science and Technology Cyclically Adjusted Book per Share Chart

Sichuan Dowell Science and Technology 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 - - - - 7.13

Sichuan Dowell Science and Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 7.13 7.32 7.45

Competitive Comparison of Sichuan Dowell Science and Technology's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Sichuan Dowell Science and Technology'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.


Sichuan Dowell Science and Technology's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sichuan Dowell Science and Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Dowell Science and Technology's Cyclically Adjusted PB Ratio falls into.



Sichuan Dowell Science and Technology 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, Sichuan Dowell Science and Technology's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=9.253/114.7809*114.7809
=9.253

Current CPI (Jun. 2024) = 114.7809.

Sichuan Dowell Science and Technology Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.214 97.624 3.779
201412 3.656 99.000 4.239
201503 0.000 99.900 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 4.205 100.600 4.798
201603 4.347 102.200 4.882
201606 3.405 101.400 3.854
201609 6.079 102.400 6.814
201612 6.277 102.600 7.022
201703 6.417 103.200 7.137
201706 6.395 103.100 7.120
201709 6.550 104.100 7.222
201712 6.645 104.500 7.299
201803 6.412 105.300 6.989
201806 6.459 104.900 7.067
201809 6.637 106.600 7.146
201812 6.775 106.500 7.302
201903 6.876 107.700 7.328
201906 6.937 107.700 7.393
201909 7.112 109.800 7.435
201912 7.255 111.200 7.489
202003 7.192 112.300 7.351
202006 7.340 110.400 7.631
202009 7.651 111.700 7.862
202012 7.903 111.500 8.136
202103 7.982 112.662 8.132
202106 8.250 111.769 8.472
202109 8.525 112.215 8.720
202112 8.592 113.108 8.719
202203 8.638 114.335 8.672
202206 8.706 114.558 8.723
202209 8.772 115.339 8.730
202212 8.596 115.116 8.571
202303 8.624 115.116 8.599
202306 8.756 114.558 8.773
202309 8.929 115.339 8.886
202312 8.954 114.781 8.954
202403 9.033 115.227 8.998
202406 9.253 114.781 9.253

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


Sichuan Dowell Science and Technology  (SZSE:300535) 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.

Sichuan Dowell Science and Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.19/7.45
=1.50

* 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 Sichuan Dowell Science and Technology was 2.46. The lowest was 1.38. And the median was 1.67.


Be Aware

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


Sichuan Dowell Science and Technology Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sichuan Dowell Science and Technology's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Dowell Science and Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 89, South Road, Xinyuan, Singapore Industrial Park, High-tech Zone, Sichuan, Chengdu, CHN
Sichuan Dowell Science and Technology Inc is a China based manufacturer and engaged in research and development, production and sale of chemicals. It offers products such as cleaning leather materials, leather functional additives, finishing materials, coating materials, and colorant.
Executives
Luo Mei Executives
Li Hong Directors, Directors, and Executives
Yan Jian Lin Directors, executives
Xie Jing Supervisors
Ceng Xiao Lin Directors, executives

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