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W&E Source (W&E Source) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2023)


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What is W&E Source 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.

W&E Source's adjusted book value per share for the three months ended in Mar. 2023 was $-0.001. 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 $0.00 for the trailing ten years ended in Mar. 2023.

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 (2024-05-08), W&E Source's current stock price is $0.015. W&E Source's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.00. W&E Source's Cyclically Adjusted PB Ratio of today is .


W&E Source Cyclically Adjusted Book per Share Historical Data

The historical data trend for W&E Source'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.

W&E Source Cyclically Adjusted Book per Share Chart

W&E Source Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Book per Share
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W&E Source Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of W&E Source's Cyclically Adjusted Book per Share

For the Travel Services subindustry, W&E Source'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.


W&E Source's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, W&E Source's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where W&E Source's Cyclically Adjusted PB Ratio falls into.



W&E Source 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, W&E Source's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.001/127.3478*127.3478
=-0.001

Current CPI (Mar. 2023) = 127.3478.

W&E Source Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.001 98.518 0.001
201309 0.000 98.790 0.000
201312 -0.002 98.326 -0.003
201403 -0.002 99.695 -0.003
201406 -0.003 100.560 -0.004
201409 -0.003 100.428 -0.004
201412 0.000 99.070 0.000
201503 -0.001 99.621 -0.001
201506 -0.001 100.684 -0.001
201509 -0.001 100.392 -0.001
201512 -0.001 99.792 -0.001
201603 -0.001 100.470 -0.001
201606 -0.002 101.688 -0.003
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 -0.001 103.349 -0.001
201709 -0.001 104.136 -0.001
201712 -0.001 104.011 -0.001
201803 -0.001 105.290 -0.001
201806 -0.001 106.317 -0.001
201809 -0.001 106.507 -0.001
201812 -0.001 105.998 -0.001
201903 -0.002 107.251 -0.002
201906 -0.002 108.070 -0.002
201909 -0.002 108.329 -0.002
201912 -0.002 108.420 -0.002
202003 -0.002 108.902 -0.002
202006 -0.002 108.767 -0.002
202009 -0.003 109.815 -0.003
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 -0.001 125.017 -0.001
202209 -0.001 125.227 -0.001
202212 -0.001 125.222 -0.001
202303 -0.001 127.348 -0.001

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


W&E Source  (OTCPK:WESC) 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.


Be Aware

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


W&E Source Cyclically Adjusted Book per Share Related Terms

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


W&E Source (W&E Source) Business Description

Traded in Other Exchanges
N/A
Address
113 Barksdale Professional Center, Newark, DE, USA, 19711
W&E Source Corp provides air ticket reservations, hotel reservations, and other travel-related services. It is engaged in services, such as airline and cruise ticketing, customized and packaged tours, travel blogs, travel magazines, sales of travel-related merchandise, group hotel reservations, business travel arrangements, conference travel arrangements, car rental, and admission ticket sale for local tourist attractions. The company earns revenue from providing travel consulting and travel arrangement advisory services and service revenue from travel schedule arrangements and advisory.
Executives
Hong Ba director, 10 percent owner, officer: Chief Executive Officer UNIT 2702, SANLITUN SOHO BUILDING 2, NO 8 GONGTIBEILU, CHAOYANG DISTRICT, BEJING F4 100027
Junjun Wu 10 percent owner 1-97 HONGQI NORTH STREET, XIAOWANG VILLAGE, WANBAILIN DISTRICT, TAIYUAN, SHANXI F4 030024
Chenling Shi 10 percent owner ROOM 903, 9/F ENTRANCE 12, BLDG 4, JIAODAOKOU DONGDAJIE, DONGCHENG DISTRICT, BEIJING F4 100007
Chenxi Shi director, 10 percent owner, officer: President & CEO 1855 TALLEYRAND #203A, BROSSARD A8 J4W 2Y9
Zibing Zhang director, officer: Vice President 3-5557 COTE DES NEIGES, MONTREAL A8 H3T 1Y8
Zhenyu Chen director, officer: Vice President 3-5557 COTE DES NEIGES, MONTREAL A8 H3T 1Y8

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