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Qinghailt Lake Industry Co (SZSE:000792) Cyclically Adjusted Book per Share : ¥3.56 (As of Mar. 2025)


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What is Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥7.126. 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 ¥3.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Qinghailt Lake Industry Co's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Qinghailt Lake Industry Co was 23.20% per year. The lowest was -4.70% per year. And the median was 12.75% per year.

As of today (2025-07-24), Qinghailt Lake Industry Co's current stock price is ¥18.94. Qinghailt Lake Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥3.56. Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio of today is 5.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qinghailt Lake Industry Co was 13.26. The lowest was 0.80. And the median was 2.66.


Qinghailt Lake Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co Cyclically Adjusted Book per Share Chart

Qinghailt Lake Industry 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 3.29 3.13 3.15 3.27 3.48

Qinghailt Lake Industry 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 3.33 3.37 3.45 3.48 3.56

Competitive Comparison of Qinghailt Lake Industry Co's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Qinghailt Lake Industry 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.


Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio falls into.


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Qinghailt Lake Industry 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, Qinghailt Lake Industry 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)
=7.126/115.1156*115.1156
=7.126

Current CPI (Mar. 2025) = 115.1156.

Qinghailt Lake Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.840 99.500 4.443
201509 3.331 100.500 3.815
201512 4.217 100.600 4.825
201603 4.249 102.200 4.786
201606 4.524 101.400 5.136
201609 4.509 102.400 5.069
201612 4.514 102.600 5.065
201703 4.465 103.200 4.981
201706 4.396 103.100 4.908
201709 4.333 104.100 4.792
201712 3.725 104.500 4.103
201803 3.674 105.300 4.016
201806 3.490 104.900 3.830
201809 3.480 106.600 3.758
201812 2.795 106.500 3.021
201903 3.029 107.700 3.238
201906 2.979 107.700 3.184
201909 2.965 109.800 3.109
201912 -5.618 111.200 -5.816
202003 -2.031 112.300 -2.082
202006 -1.562 110.400 -1.629
202009 0.701 111.700 0.722
202012 0.758 111.500 0.783
202103 0.906 112.662 0.926
202106 1.151 111.769 1.185
202109 1.589 112.215 1.630
202112 1.718 113.108 1.748
202203 2.373 114.335 2.389
202206 3.413 114.558 3.430
202209 4.061 115.339 4.053
202212 4.634 115.116 4.634
202303 4.940 115.116 4.940
202306 5.381 114.558 5.407
202309 5.463 115.339 5.452
202312 5.873 114.781 5.890
202403 6.043 115.227 6.037
202406 6.281 114.781 6.299
202409 6.453 115.785 6.416
202412 6.732 114.893 6.745
202503 7.126 115.116 7.126

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


Qinghailt Lake Industry Co  (SZSE:000792) 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.

Qinghailt Lake Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.94/3.56
=5.32

* 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 Qinghailt Lake Industry Co was 13.26. The lowest was 0.80. And the median was 2.66.


Be Aware

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


Qinghailt Lake Industry Co Cyclically Adjusted Book per Share Related Terms

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


Qinghailt Lake Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Qinghai Yellow River Road on the 28th, Golmud, CHN, 816000
Qinghai Salt Lake Industry Co Ltd operates in the dry inland Qarhan Salt Lake in Qinghai province. It is engaged in salt lake resource extraction and potash production. The company is engaged in the manufacture of chemical raw materials and chemical products. The company is located in Golmud City, Qinghai Province, and is the potash fertilizer industrial production base in China.
Executives
Qiao Hai Yuan Supervisors
Yan Xiao Jun Director
Wang Xing Fu Director
Song Pei Pei Supervisors
Han Zeng Yan Supervisors
Li Zhi Qiang Supervisors
He Shu Jun Supervisors
Ma Chao Hui Director
Zhang Rong Xiang Executives
Wei Ye Qiu Supervisors
Zhang Quan Ming Director
Tang Yong Xin Executives

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