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Baidu (XTER:B1C) Cyclically Adjusted Book per Share : €0.00 (As of Jun. 2024)


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What is Baidu Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Baidu's adjusted book value per share for the three months ended in Jun. 2024 was €92.653. 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 Jun. 2024.

During the past 12 months, Baidu's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 32.20% 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 Baidu was 46.70% per year. The lowest was 17.90% per year. And the median was 33.25% per year.

As of today (2024-09-21), Baidu's current stock price is €162.05. Baidu's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.00. Baidu's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Baidu was 44.59. The lowest was 1.17. And the median was 4.95.


Baidu Cyclically Adjusted Book per Share Historical Data

The historical data trend for Baidu'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.

Baidu Cyclically Adjusted Book per Share Chart

Baidu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Baidu Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Baidu's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Baidu'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.


Baidu's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Baidu 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, Baidu's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=92.653/114.7809*114.7809
=92.653

Current CPI (Jun. 2024) = 114.7809.

Baidu Quarterly Data

Book Value per Share CPI Adj_Book
201409 17.474 98.900 20.280
201412 19.065 99.000 22.104
201503 23.008 99.900 26.435
201506 24.569 99.500 28.342
201509 22.720 100.500 25.948
201512 33.011 100.600 37.664
201603 32.821 102.200 36.861
201606 33.102 101.400 37.470
201609 33.984 102.400 38.093
201612 36.402 102.600 40.724
201703 36.798 103.200 40.927
201706 37.203 103.100 41.418
201709 40.096 104.100 44.210
201712 42.460 104.500 46.637
201803 45.833 105.300 49.960
201806 56.379 104.900 61.690
201809 57.275 106.600 61.671
201812 59.542 106.500 64.172
201903 61.834 107.700 65.899
201906 60.866 107.700 64.868
201909 57.764 109.800 60.384
201912 60.092 111.200 62.027
202003 60.163 112.300 61.492
202006 59.049 110.400 61.392
202009 62.906 111.700 64.641
202012 65.737 111.500 67.671
202103 84.870 112.662 86.467
202106 84.646 111.769 86.927
202109 79.659 112.215 81.480
202112 84.104 113.108 85.348
202203 86.917 114.335 87.256
202206 87.812 114.558 87.983
202209 89.472 115.339 89.039
202212 86.618 115.116 86.366
202303 89.273 115.116 89.013
202306 86.936 114.558 87.105
202309 89.097 115.339 88.666
202312 89.562 114.781 89.562
202403 90.692 115.227 90.341
202406 92.653 114.781 92.653

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


Baidu  (XTER:B1C) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Baidu was 44.59. The lowest was 1.17. And the median was 4.95.


Be Aware

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


Baidu Cyclically Adjusted Book per Share Related Terms

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


Baidu Business Description

Industry
Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

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