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China Coal Energy Co (China Coal Energy Co) Cyclically Adjusted Book per Share : $23.52 (As of Mar. 2024)


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What is China Coal Energy 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.

China Coal Energy Co's adjusted book value per share for the three months ended in Mar. 2024 was $31.370. 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 $23.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Coal Energy Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 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 China Coal Energy Co was 4.80% per year. The lowest was 2.40% per year. And the median was 3.00% per year.

As of today (2024-04-27), China Coal Energy Co's current stock price is $20.00. China Coal Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.52. China Coal Energy Co's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Coal Energy Co was 0.94. The lowest was 0.20. And the median was 0.49.


China Coal Energy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for China Coal Energy 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.

China Coal Energy Co Cyclically Adjusted Book per Share Chart

China Coal Energy Co 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 22.14 17.12 23.30 24.63 21.72

China Coal Energy Co 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 25.52 24.48 23.47 21.72 23.52

Competitive Comparison of China Coal Energy Co's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, China Coal Energy 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.


China Coal Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Coal Energy Co's Cyclically Adjusted PB Ratio falls into.



China Coal Energy 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, China Coal Energy Co'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)
=31.37/114.6694*114.6694
=31.370

Current CPI (Mar. 2024) = 114.6694.

China Coal Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.121 98.200 24.663
201409 21.428 98.900 24.845
201412 21.137 99.000 24.482
201503 20.973 99.900 24.074
201506 20.748 99.500 23.911
201509 20.096 100.500 22.929
201512 19.527 100.600 22.258
201603 19.269 102.200 21.620
201606 19.164 101.400 21.672
201609 18.985 102.400 21.260
201612 18.736 102.600 20.940
201703 19.149 103.200 21.277
201706 19.448 103.100 21.630
201709 20.365 104.100 22.433
201712 20.455 104.500 22.446
201803 21.672 105.300 23.600
201806 21.202 104.900 23.177
201809 20.309 106.600 21.846
201812 20.177 106.500 21.725
201903 21.068 107.700 22.431
201906 20.812 107.700 22.159
201909 20.700 109.800 21.618
201912 20.905 111.200 21.557
202003 21.101 112.300 21.546
202006 20.884 110.400 21.692
202009 22.117 111.700 22.705
202012 23.529 111.500 24.198
202103 24.303 112.662 24.736
202106 25.269 111.769 25.925
202109 26.252 112.215 26.826
202112 27.081 113.108 27.455
202203 28.918 114.335 29.003
202206 28.141 114.558 28.168
202209 28.264 115.339 28.100
202212 28.315 115.116 28.205
202303 30.272 115.116 30.155
202306 29.125 114.558 29.153
202309 29.638 115.339 29.466
202312 30.447 114.669 30.447
202403 31.370 114.669 31.370

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


China Coal Energy Co  (OTCPK:CCOZY) 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 Coal Energy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.00/23.52
=0.85

* 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 Coal Energy Co was 0.94. The lowest was 0.20. And the median was 0.49.


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 Coal Energy Co Cyclically Adjusted Book per Share Related Terms

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


China Coal Energy Co (China Coal Energy Co) Business Description

Address
No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120
China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; Finance and Others. The company generates maximum revenue from the Coal segment.

China Coal Energy Co (China Coal Energy Co) Headlines

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