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Rongan Property Co (SZSE:000517) Cyclically Adjusted Book per Share : ¥2.10 (As of Mar. 2025)


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What is Rongan Property 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.

Rongan Property Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥1.833. 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 ¥2.10 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Rongan Property Co's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.20% 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 Rongan Property Co was 21.70% per year. The lowest was -5.40% per year. And the median was 12.40% per year.

As of today (2025-07-14), Rongan Property Co's current stock price is ¥1.94. Rongan Property Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥2.10. Rongan Property Co's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rongan Property Co was 13.63. The lowest was 0.84. And the median was 2.20.


Rongan Property Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rongan Property 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.

Rongan Property Co Cyclically Adjusted Book per Share Chart

Rongan Property Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.58 1.80 1.97 2.09

Rongan Property Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.02 2.04 2.09 2.09 2.10

Competitive Comparison of Rongan Property Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Rongan Property 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.


Rongan Property Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rongan Property Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Rongan Property 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, Rongan Property Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.833/115.1156*115.1156
=1.833

Current CPI (Mar. 2025) = 115.1156.

Rongan Property Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.126 99.500 1.303
201509 1.110 100.500 1.271
201512 1.138 100.600 1.302
201603 1.139 102.200 1.283
201606 1.114 101.400 1.265
201609 1.114 102.400 1.252
201612 1.155 102.600 1.296
201703 1.264 103.200 1.410
201706 1.302 103.100 1.454
201709 1.305 104.100 1.443
201712 1.325 104.500 1.460
201803 1.312 105.300 1.434
201806 1.360 104.900 1.492
201809 1.428 106.600 1.542
201812 1.513 106.500 1.635
201903 1.707 107.700 1.825
201906 1.709 107.700 1.827
201909 1.727 109.800 1.811
201912 2.132 111.200 2.207
202003 2.138 112.300 2.192
202006 2.255 110.400 2.351
202009 2.260 111.700 2.329
202012 2.579 111.500 2.663
202103 2.629 112.662 2.686
202106 2.770 111.769 2.853
202109 2.761 112.215 2.832
202112 2.869 113.108 2.920
202203 3.024 114.335 3.045
202206 2.902 114.558 2.916
202209 2.978 115.339 2.972
202212 2.884 115.116 2.884
202303 3.088 115.116 3.088
202306 2.832 114.558 2.846
202309 2.885 115.339 2.879
202312 2.691 114.781 2.699
202403 2.819 115.227 2.816
202406 2.517 114.781 2.524
202409 2.471 115.785 2.457
202412 1.827 114.893 1.831
202503 1.833 115.116 1.833

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


Rongan Property Co  (SZSE:000517) 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.

Rongan Property Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.94/2.10
=0.92

* 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 Rongan Property Co was 13.63. The lowest was 0.84. And the median was 2.20.


Be Aware

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


Rongan Property Co Cyclically Adjusted Book per Share Related Terms

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


Rongan Property Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010
Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.
Executives
Wang Cong Wei Directors, executives
Wang Jiu Fang Director
Lan Dong Hai Directors, executives
Yu Ya Ping Supervisors
Wang Lin Shan Director
Zhong Wei Min Director
Yu Kang Qi Directors, executives
Song Zhang Hong Executives
Wang Xin Zhong Supervisors
Hu Yue Han Directors, executives
Wu Ying Securities Affairs Representative

Rongan Property Co Headlines

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