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Advanced Fiber Resources (Zhuhai) (SZSE:300620) Cyclically Adjusted Book per Share : ¥4.55 (As of Mar. 2025)


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What is Advanced Fiber Resources (Zhuhai) 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.

Advanced Fiber Resources (Zhuhai)'s adjusted book value per share for the three months ended in Mar. 2025 was ¥7.843. 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 ¥4.55 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), Advanced Fiber Resources (Zhuhai)'s current stock price is ¥40.65. Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.55. Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted PB Ratio of today is 8.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advanced Fiber Resources (Zhuhai) was 13.14. The lowest was 8.41. And the median was 10.93.


Advanced Fiber Resources (Zhuhai) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Advanced Fiber Resources (Zhuhai)'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.

Advanced Fiber Resources (Zhuhai) Cyclically Adjusted Book per Share Chart

Advanced Fiber Resources (Zhuhai) 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 - - - - 4.35

Advanced Fiber Resources (Zhuhai) 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 - - 4.30 4.35 4.55

Competitive Comparison of Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Advanced Fiber Resources (Zhuhai)'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.


Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted PB Ratio falls into.


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Advanced Fiber Resources (Zhuhai) 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, Advanced Fiber Resources (Zhuhai)'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)
=7.843/115.1156*115.1156
=7.843

Current CPI (Mar. 2025) = 115.1156.

Advanced Fiber Resources (Zhuhai) Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.032 99.000 1.200
201506 1.479 99.500 1.711
201512 0.991 100.600 1.134
201603 0.000 102.200 0.000
201606 1.133 101.400 1.286
201609 0.000 102.400 0.000
201612 1.328 102.600 1.490
201703 2.159 103.200 2.408
201706 2.233 103.100 2.493
201709 2.316 104.100 2.561
201712 2.406 104.500 2.650
201803 2.486 105.300 2.718
201806 2.548 104.900 2.796
201809 2.622 106.600 2.831
201812 2.723 106.500 2.943
201903 2.781 107.700 2.972
201906 2.836 107.700 3.031
201909 3.064 109.800 3.212
201912 3.123 111.200 3.233
202003 3.131 112.300 3.210
202006 3.213 110.400 3.350
202009 3.368 111.700 3.471
202012 5.746 111.500 5.932
202103 5.841 112.662 5.968
202106 5.951 111.769 6.129
202109 6.117 112.215 6.275
202112 6.231 113.108 6.342
202203 6.325 114.335 6.368
202206 6.394 114.558 6.425
202209 6.561 115.339 6.548
202212 6.705 115.116 6.705
202303 6.773 115.116 6.773
202306 6.780 114.558 6.813
202309 6.862 115.339 6.849
202312 6.944 114.781 6.964
202403 7.504 115.227 7.497
202406 7.493 114.781 7.515
202409 7.707 115.785 7.662
202412 7.726 114.893 7.741
202503 7.843 115.116 7.843

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


Advanced Fiber Resources (Zhuhai)  (SZSE:300620) 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.

Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.65/4.55
=8.93

* 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 Advanced Fiber Resources (Zhuhai) was 13.14. The lowest was 8.41. And the median was 10.93.


Be Aware

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


Advanced Fiber Resources (Zhuhai) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Advanced Fiber Resources (Zhuhai)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Fiber Resources (Zhuhai) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Software Park Road, Unit 1-6, Unit 8, 2nd Floor, Building 5, Tangjia, Guangdong Province, Zhuhai, CHN, 519080
Advanced Fiber Resources (Zhuhai) Ltd is a provider of passive optical components for telecommunication, fiber laser, and fiber sensor applications. The company specializes in fiber optic components and polarization maintaining components. The company designs and manufactures both standard and custom components, and also offers contract manufacturing solutions to its customers. The company's products category comprises components for industrial laser, bio-medical equipment, test equipment and others, components for optical network, and components for fiber sensing. It sells the products in China, and also exports it to the various other countries.
Executives
Ji Gui Jun Executives
Executives
Directors, executives
Wu Wei Directors, executives
Wu Guo Qin Executives
Zhou Chun Hua Supervisors
Qiu Er Hu Executives
Zhong Guo Qing Executives
Directors, executives
Wu Yu Ling Director
Feng Yong Mao Director
Directors, executives
Liang Xi Huan Securities Affairs Representative

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