GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Container Terminal Corp (TPE:2613) » Definitions » Cyclically Adjusted Book per Share

China Container Terminal (TPE:2613) Cyclically Adjusted Book per Share : NT$28.88 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is China Container Terminal 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.

China Container Terminal's adjusted book value per share for the three months ended in Sep. 2024 was NT$23.765. 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 NT$28.88 for the trailing ten years ended in Sep. 2024.

During the past 12 months, China Container Terminal's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of China Container Terminal was 3.60% per year. The lowest was 3.20% per year. And the median was 3.40% per year.

As of today (2024-12-14), China Container Terminal's current stock price is NT$34.85. China Container Terminal's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$28.88. China Container Terminal's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Container Terminal was 1.78. The lowest was 0.40. And the median was 0.78.


China Container Terminal Cyclically Adjusted Book per Share Historical Data

The historical data trend for China Container Terminal'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.

China Container Terminal Cyclically Adjusted Book per Share Chart

China Container Terminal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.84 25.80 27.26 28.43 28.71

China Container Terminal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 29.00 28.71 29.02 28.98 28.88

Competitive Comparison of China Container Terminal's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, China Container Terminal'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.


China Container Terminal's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Container Terminal's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Container Terminal's Cyclically Adjusted PB Ratio falls into.



China Container Terminal 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, China Container Terminal's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=23.765/133.0289*133.0289
=23.765

Current CPI (Sep. 2024) = 133.0289.

China Container Terminal Quarterly Data

Book Value per Share CPI Adj_Book
201412 24.614 99.070 33.051
201503 24.569 99.621 32.808
201506 24.601 100.684 32.504
201509 24.527 100.392 32.501
201512 29.100 99.792 38.792
201603 24.599 100.470 32.571
201606 25.053 101.688 32.774
201609 25.138 101.861 32.830
201612 23.611 101.863 30.835
201703 26.336 102.862 34.060
201706 26.419 103.349 34.006
201709 26.613 104.136 33.997
201712 26.834 104.011 34.320
201803 26.829 105.290 33.897
201806 26.730 106.317 33.446
201809 26.925 106.507 33.630
201812 26.915 105.998 33.779
201903 22.007 107.251 27.297
201906 21.800 108.070 26.835
201909 21.991 108.329 27.005
201912 22.185 108.420 27.220
202003 21.829 108.902 26.665
202006 21.803 108.767 26.666
202009 22.101 109.815 26.773
202012 22.607 109.897 27.366
202103 22.349 111.754 26.604
202106 22.729 114.631 26.377
202109 23.168 115.734 26.630
202112 23.994 117.630 27.135
202203 22.426 121.301 24.594
202206 23.026 125.017 24.502
202209 23.127 125.227 24.568
202212 23.526 125.222 24.993
202303 22.182 127.348 23.172
202306 22.557 128.729 23.311
202309 22.831 129.860 23.388
202312 23.216 129.419 23.863
202403 22.753 131.776 22.969
202406 23.418 132.554 23.502
202409 23.765 133.029 23.765

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


China Container Terminal  (TPE:2613) 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.

China Container Terminal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.85/28.88
=1.21

* 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 China Container Terminal was 1.78. The lowest was 0.40. And the median was 0.78.


Be Aware

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


China Container Terminal Cyclically Adjusted Book per Share Related Terms

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


China Container Terminal Business Description

Traded in Other Exchanges
N/A
Address
275, Datong Road, Section 3, Xizhi District, Taipei, TWN
China Container Terminal Corp is engaged in contracted operations of container freight stations at the port and on land as well as ship stevedore operations in commercial port areas.

China Container Terminal Headlines

No Headlines