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SI-TECH Information Technology Co (SZSE:300608) Cyclically Adjusted Book per Share : ¥3.32 (As of Mar. 2025)


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What is SI-TECH Information 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.

SI-TECH Information Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥4.441. 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 ¥3.32 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), SI-TECH Information Technology Co's current stock price is ¥11.10. SI-TECH Information Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.32. SI-TECH Information Technology Co's Cyclically Adjusted PB Ratio of today is 3.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SI-TECH Information Technology Co was 4.47. The lowest was 2.93. And the median was 3.50.


SI-TECH Information Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SI-TECH Information 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.

SI-TECH Information Technology Co Cyclically Adjusted Book per Share Chart

SI-TECH Information 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 - - - - 3.23

SI-TECH Information 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 - - - 3.23 3.32

Competitive Comparison of SI-TECH Information Technology Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, SI-TECH Information 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.


SI-TECH Information Technology Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SI-TECH Information Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SI-TECH Information Technology Co's Cyclically Adjusted PB Ratio falls into.


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SI-TECH Information 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, SI-TECH Information 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)
=4.441/115.1156*115.1156
=4.441

Current CPI (Mar. 2025) = 115.1156.

SI-TECH Information Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.262 97.624 1.488
201412 1.517 99.000 1.764
201512 1.742 100.600 1.993
201603 0.000 102.200 0.000
201606 1.632 101.400 1.853
201609 1.678 102.400 1.886
201612 2.011 102.600 2.256
201703 2.231 103.200 2.489
201706 2.349 103.100 2.623
201709 2.388 104.100 2.641
201712 2.624 104.500 2.891
201803 2.428 105.300 2.654
201806 2.477 104.900 2.718
201809 2.544 106.600 2.747
201812 2.878 106.500 3.111
201903 2.734 107.700 2.922
201906 2.760 107.700 2.950
201909 2.808 109.800 2.944
201912 3.048 111.200 3.155
202003 3.090 112.300 3.167
202006 3.290 110.400 3.431
202009 3.227 111.700 3.326
202012 3.452 111.500 3.564
202103 3.297 112.662 3.369
202106 3.519 111.769 3.624
202109 3.440 112.215 3.529
202112 3.782 113.108 3.849
202203 3.572 114.335 3.596
202206 3.512 114.558 3.529
202209 3.492 115.339 3.485
202212 4.744 115.116 4.744
202303 4.605 115.116 4.605
202306 4.585 114.558 4.607
202309 4.531 115.339 4.522
202312 4.865 114.781 4.879
202403 4.708 115.227 4.703
202406 4.562 114.781 4.575
202409 4.297 115.785 4.272
202412 4.641 114.893 4.650
202503 4.441 115.116 4.441

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


SI-TECH Information Technology Co  (SZSE:300608) 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.

SI-TECH Information Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.10/3.32
=3.34

* 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 SI-TECH Information Technology Co was 4.47. The lowest was 2.93. And the median was 3.50.


Be Aware

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


SI-TECH Information Technology Co Cyclically Adjusted Book per Share Related Terms

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


SI-TECH Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, South Street, 14th floor, Zhongguancun, Haidian District, Beijing, CHN, 100086
SI-TECH Information Technology Co Ltd is principally engaged in research and development of telecom's core business system software. It provides telecom products and solutions, cloud computing and big data technologies, and mobile Internet solutions in China.
Executives
Gu Bao Jun Executives
Luan Ying Director
Wang Wei Director

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