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Aluminum of China (Aluminum of China) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Aluminum of China 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.

Aluminum of China's adjusted book value per share for the three months ended in Mar. 2024 was $12.705. 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. 2024.

During the past 12 months, Aluminum of China's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.70% 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 Aluminum of China was 2.20% per year. The lowest was -3.70% per year. And the median was -2.50% per year.

As of today (2024-04-29), Aluminum of China's current stock price is $10.12. Aluminum of China's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Aluminum of China's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aluminum of China was 2.86. The lowest was 0.72. And the median was 1.20.


Aluminum of China Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Cyclically Adjusted Book per Share Chart

Aluminum of China 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 8.52 7.94 7.35 7.45 -

Aluminum of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Aluminum of China's Cyclically Adjusted Book per Share

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aluminum of China 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, Aluminum of China's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.705/114.6694*114.6694
=12.705

Current CPI (Mar. 2024) = 114.6694.

Aluminum of China Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.978 98.200 13.987
201409 11.771 98.900 13.648
201412 8.453 99.000 9.791
201503 8.420 99.900 9.665
201506 9.784 99.500 11.276
201509 9.349 100.500 10.667
201512 10.393 100.600 11.847
201603 9.985 102.200 11.203
201606 9.978 101.400 11.284
201609 9.492 102.400 10.629
201612 9.252 102.600 10.340
201703 9.353 103.200 10.392
201706 9.206 103.100 10.239
201709 9.683 104.100 10.666
201712 10.066 104.500 11.046
201803 13.443 105.300 14.639
201806 13.237 104.900 14.470
201809 12.594 106.600 13.547
201812 12.773 106.500 13.753
201903 13.222 107.700 14.078
201906 11.318 107.700 12.050
201909 10.970 109.800 11.456
201912 11.448 111.200 11.805
202003 11.421 112.300 11.662
202006 11.342 110.400 11.781
202009 11.943 111.700 12.260
202012 12.229 111.500 12.577
202103 12.478 112.662 12.700
202106 13.139 111.769 13.480
202109 13.536 112.215 13.832
202112 13.946 113.108 14.139
202203 13.634 114.335 13.674
202206 13.187 114.558 13.200
202209 13.039 115.339 12.963
202212 11.367 115.116 11.323
202303 11.918 115.116 11.872
202306 11.628 114.558 11.639
202309 11.796 115.339 11.728
202312 12.335 114.669 12.335
202403 12.705 114.669 12.705

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


Aluminum of China  (OTCPK:ACHHY) 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 Aluminum of China was 2.86. The lowest was 0.72. And the median was 1.20.


Be Aware

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


Aluminum of China Cyclically Adjusted Book per Share Related Terms

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


Aluminum of China (Aluminum of China) Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

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