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Changsha Dialine New Material Sci.&Tech. Co (SZSE:300700) Cyclically Adjusted Book per Share : ¥2.18 (As of Mar. 2025)


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What is Changsha Dialine New Material Sci.&Tech. 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.

Changsha Dialine New Material Sci.&Tech. Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥2.349. 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 ¥2.18 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), Changsha Dialine New Material Sci.&Tech. Co's current stock price is ¥9.14. Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.18. Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted PB Ratio of today is 4.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Changsha Dialine New Material Sci.&Tech. Co was 4.58. The lowest was 3.87. And the median was 4.29.


Changsha Dialine New Material Sci.&Tech. Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Changsha Dialine New Material Sci.&Tech. 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.

Changsha Dialine New Material Sci.&Tech. Co Cyclically Adjusted Book per Share Chart

Changsha Dialine New Material Sci.&Tech. Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
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Changsha Dialine New Material Sci.&Tech. 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 - - - - 2.18

Competitive Comparison of Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Changsha Dialine New Material Sci.&Tech. 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.


Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted PB Ratio falls into.


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Changsha Dialine New Material Sci.&Tech. 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, Changsha Dialine New Material Sci.&Tech. 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)
=2.349/115.1156*115.1156
=2.349

Current CPI (Mar. 2025) = 115.1156.

Changsha Dialine New Material Sci.&Tech. Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.823 99.000 0.957
201506 0.887 99.500 1.026
201512 0.968 100.600 1.108
201609 0.000 102.400 0.000
201612 1.162 102.600 1.304
201703 0.000 103.200 0.000
201706 1.345 103.100 1.502
201709 1.817 104.100 2.009
201712 1.976 104.500 2.177
201803 2.029 105.300 2.218
201806 2.062 104.900 2.263
201809 2.065 106.600 2.230
201812 2.009 106.500 2.172
201903 2.125 107.700 2.271
201906 2.096 107.700 2.240
201909 2.082 109.800 2.183
201912 1.970 111.200 2.039
202003 1.980 112.300 2.030
202006 1.978 110.400 2.062
202009 1.987 111.700 2.048
202012 1.976 111.500 2.040
202103 1.953 112.662 1.996
202106 1.914 111.769 1.971
202109 1.913 112.215 1.962
202112 1.687 113.108 1.717
202203 2.126 114.335 2.141
202206 2.217 114.558 2.228
202209 2.318 115.339 2.314
202212 2.463 115.116 2.463
202303 2.587 115.116 2.587
202306 2.797 114.558 2.811
202309 3.321 115.339 3.315
202312 3.285 114.781 3.295
202403 3.272 115.227 3.269
202406 3.028 114.781 3.037
202409 2.881 115.785 2.864
202412 2.404 114.893 2.409
202503 2.349 115.116 2.349

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


Changsha Dialine New Material Sci.&Tech. Co  (SZSE:300700) 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.

Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.14/2.18
=4.19

* 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 Changsha Dialine New Material Sci.&Tech. Co was 4.58. The lowest was 3.87. And the median was 4.29.


Be Aware

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


Changsha Dialine New Material Sci.&Tech. Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Changsha Dialine New Material Sci.&Tech. Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Changsha Dialine New Material Sci.&Tech. Co Business Description

Traded in Other Exchanges
N/A
Address
No. 108, Huanlian Road, Changsha High-tech Development Zone, Hunan Province, Changsha, CHN, 410205
Changsha Dialine New Material Sci.&Tech. Co Ltd is specializing in the research and development, and manufacture and sales of diamond wire in China. The company's products are mainly used for the cutting of hard and brittle materials such as crystalline silicon and sapphire.
Executives
Duan Zhi Yong Directors, executives
Zhong Jian Ming Directors, executives
Kang Jie Jiao Directors, executives
Li Tong Supervisors
Zhou Jia Hua Directors, executives
Yang Hui Huang Director
Duan Zhi Ming Director
Liu Hong Bo Independent director
Kuang Yi Xin Directors, executives
Li Jun Supervisors

Changsha Dialine New Material Sci.&Tech. Co Headlines

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