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Hangzhou Chang Chuan Technology Co (SZSE:300604) Cyclically Adjusted Book per Share : ¥2.44 (As of Mar. 2025)


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What is Hangzhou Chang Chuan Technology 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.

Hangzhou Chang Chuan Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥5.494. 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 ¥2.44 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), Hangzhou Chang Chuan Technology Co's current stock price is ¥43.78. Hangzhou Chang Chuan Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.44. Hangzhou Chang Chuan Technology Co's Cyclically Adjusted PB Ratio of today is 17.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hangzhou Chang Chuan Technology Co was 22.90. The lowest was 16.25. And the median was 18.88.


Hangzhou Chang Chuan Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hangzhou Chang Chuan Technology 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.

Hangzhou Chang Chuan Technology Co Cyclically Adjusted Book per Share Chart

Hangzhou Chang Chuan Technology 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 - - - - 2.35

Hangzhou Chang Chuan Technology 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 - - 2.29 2.35 2.44

Competitive Comparison of Hangzhou Chang Chuan Technology Co's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Hangzhou Chang Chuan Technology 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.


Hangzhou Chang Chuan Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou Chang Chuan Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Chang Chuan Technology Co's Cyclically Adjusted PB Ratio falls into.


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Hangzhou Chang Chuan Technology 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, Hangzhou Chang Chuan Technology 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)
=5.494/115.1156*115.1156
=5.494

Current CPI (Mar. 2025) = 115.1156.

Hangzhou Chang Chuan Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.931 99.000 1.083
201506 2.408 99.500 2.786
201512 0.466 100.600 0.533
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 0.571 102.600 0.641
201703 0.417 103.200 0.465
201706 0.732 103.100 0.817
201709 0.731 104.100 0.808
201712 0.783 104.500 0.863
201803 0.809 105.300 0.884
201806 0.831 104.900 0.912
201809 0.854 106.600 0.922
201812 0.874 106.500 0.945
201903 0.890 107.700 0.951
201906 0.877 107.700 0.937
201909 1.616 109.800 1.694
201912 1.669 111.200 1.728
202003 1.678 112.300 1.720
202006 1.739 110.400 1.813
202009 1.743 111.700 1.796
202012 1.829 111.500 1.888
202103 1.922 112.662 1.964
202106 2.013 111.769 2.073
202109 2.618 112.215 2.686
202112 2.925 113.108 2.977
202203 3.067 114.335 3.088
202206 3.418 114.558 3.435
202209 3.504 115.339 3.497
202212 3.768 115.116 3.768
202303 3.733 115.116 3.733
202306 4.264 114.558 4.285
202309 4.551 115.339 4.542
202312 4.619 114.781 4.632
202403 4.631 115.227 4.627
202406 4.892 114.781 4.906
202409 5.260 115.785 5.230
202412 5.255 114.893 5.265
202503 5.494 115.116 5.494

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


Hangzhou Chang Chuan Technology Co  (SZSE:300604) 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.

Hangzhou Chang Chuan Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.78/2.44
=17.94

* 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 Hangzhou Chang Chuan Technology Co was 22.90. The lowest was 16.25. And the median was 18.88.


Be Aware

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


Hangzhou Chang Chuan Technology Co Cyclically Adjusted Book per Share Related Terms

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


Hangzhou Chang Chuan Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Jucai Road, Binjiang District, Hangzhou, CHN, 310051
Hangzhou Chang Chuan Technology Co Ltd is a China based company engaged in the research and development, production and sales of integrated circuit equipment. Its product portfolio comprises of two product lines, namely Automatic sorting system and Test systems, to carry out research and development work. The Test systems product line comprises of CTA8280, CTT3280, CTT3600, CTT1000, and CTT3320. The Automatic sorting system comprises C1 series, C2 series, C3Q series, C7100/400, and C8 series, among others.
Executives
Zhong Feng Hao Directors, executives
Han Xiao Director
Zhao Yi Directors, executives
Sun Feng Directors, executives
Su Yi Supervisors
Zhu Hong Jun Supervisors
Zhao You Secretary Dong
Chen Jiang Hua Supervisors

Hangzhou Chang Chuan Technology Co Headlines

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