GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shenyang Xingqi Pharmaceutical Co Ltd (SZSE:300573) » Definitions » Cyclically Adjusted Book per Share

Shenyang Xingqi Pharmaceutical Co (SZSE:300573) Cyclically Adjusted Book per Share : ¥5.74 (As of Mar. 2025)


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

What is Shenyang Xingqi 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.

Shenyang Xingqi Pharmaceutical Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥9.947. 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 ¥5.74 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 (2025-05-22), Shenyang Xingqi Pharmaceutical Co's current stock price is ¥57.24. Shenyang Xingqi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.74. Shenyang Xingqi Pharmaceutical Co's Cyclically Adjusted PB Ratio of today is 9.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shenyang Xingqi Pharmaceutical Co was 22.19. The lowest was 8.63. And the median was 10.03.


Shenyang Xingqi Pharmaceutical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shenyang Xingqi 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.

Shenyang Xingqi Pharmaceutical Co Cyclically Adjusted Book per Share Chart

Shenyang Xingqi 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 - - - - 5.56

Shenyang Xingqi 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 - 5.23 5.45 5.56 5.74

Competitive Comparison of Shenyang Xingqi Pharmaceutical Co's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Shenyang Xingqi 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.


Shenyang Xingqi Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenyang Xingqi Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Shenyang Xingqi 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, Shenyang Xingqi 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)
=9.947/115.1156*115.1156
=9.947

Current CPI (Mar. 2025) = 115.1156.

Shenyang Xingqi Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 3.038 98.900 3.536
201412 3.128 99.000 3.637
201512 3.315 100.600 3.793
201603 0.000 102.200 0.000
201606 3.587 101.400 4.072
201609 2.775 102.400 3.120
201612 3.322 102.600 3.727
201703 3.379 103.200 3.769
201706 3.442 103.100 3.843
201709 3.526 104.100 3.899
201712 3.510 104.500 3.867
201803 3.494 105.300 3.820
201806 3.371 104.900 3.699
201809 3.467 106.600 3.744
201812 3.377 106.500 3.650
201903 3.386 107.700 3.619
201906 3.305 107.700 3.533
201909 3.460 109.800 3.628
201912 3.519 111.200 3.643
202003 3.461 112.300 3.548
202006 3.600 110.400 3.754
202009 3.848 111.700 3.966
202012 4.226 111.500 4.363
202103 4.434 112.662 4.531
202106 4.712 111.769 4.853
202109 5.217 112.215 5.352
202112 8.332 113.108 8.480
202203 8.244 114.335 8.300
202206 8.494 114.558 8.535
202209 8.649 115.339 8.632
202212 8.944 115.116 8.944
202303 9.098 115.116 9.098
202306 9.100 114.558 9.144
202309 9.188 115.339 9.170
202312 9.689 114.781 9.717
202403 9.957 115.227 9.947
202406 8.623 114.781 8.648
202409 9.288 115.785 9.234
202412 9.091 114.893 9.109
202503 9.947 115.116 9.947

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


Shenyang Xingqi Pharmaceutical Co  (SZSE:300573) 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.

Shenyang Xingqi Pharmaceutical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.24/5.74
=9.97

* 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 Shenyang Xingqi Pharmaceutical Co was 22.19. The lowest was 8.63. And the median was 10.03.


Be Aware

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


Shenyang Xingqi Pharmaceutical Co Cyclically Adjusted Book per Share Related Terms

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


Shenyang Xingqi Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Sishui Street, Dongling District, Liaoning Province, Shenyang, CHN, 110163
Shenyang Xingqi Pharmaceutical Co Ltd is a pharmaceutical company. It produces and sells opthalmic products. Its products include anti-bacterial products, corneal products, anti-inflammation products, anti-allergic, antifungal & among others.
Executives
Cheng Ya Nan Directors, executives
Gao E Directors, executives
Liu Ji Dong Directors, executives
Yang Qiang Director
Wang Shuo Securities Affairs Representative
Zhang Shao Yao Directors, Directors, and Executives

Shenyang Xingqi Pharmaceutical Co Headlines

No Headlines