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Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Cyclically Adjusted Book per Share : ¥5.60 (As of Mar. 2024)


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What is Beijing Oriental Yuhong Waterproof Technology 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.

Beijing Oriental Yuhong Waterproof Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥11.216. 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 ¥5.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Oriental Yuhong Waterproof Technology Co's average Cyclically Adjusted Book Growth Rate was 22.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 30.70% 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 Beijing Oriental Yuhong Waterproof Technology Co was 32.30% per year. The lowest was 27.40% per year. And the median was 31.00% per year.

As of today (2024-04-27), Beijing Oriental Yuhong Waterproof Technology Co's current stock price is ¥13.79. Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.60. Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted PB Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beijing Oriental Yuhong Waterproof Technology Co was 23.55. The lowest was 2.37. And the median was 11.17.


Beijing Oriental Yuhong Waterproof Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijing Oriental Yuhong Waterproof Technology 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.

Beijing Oriental Yuhong Waterproof Technology Co Cyclically Adjusted Book per Share Chart

Beijing Oriental Yuhong Waterproof Technology 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 1.88 2.38 3.31 4.35 5.35

Beijing Oriental Yuhong Waterproof Technology 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 4.59 4.83 5.12 5.35 5.60

Competitive Comparison of Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Beijing Oriental Yuhong Waterproof Technology 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.


Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted PB Ratio falls into.



Beijing Oriental Yuhong Waterproof Technology 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, Beijing Oriental Yuhong Waterproof Technology 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)
=11.216/114.6694*114.6694
=11.216

Current CPI (Mar. 2024) = 114.6694.

Beijing Oriental Yuhong Waterproof Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.018 98.200 1.189
201409 1.576 98.900 1.827
201412 1.610 99.000 1.865
201503 1.642 99.900 1.885
201506 1.718 99.500 1.980
201509 1.771 100.500 2.021
201512 1.920 100.600 2.189
201603 1.879 102.200 2.108
201606 1.990 101.400 2.250
201609 2.047 102.400 2.292
201612 2.210 102.600 2.470
201703 2.269 103.200 2.521
201706 2.414 103.100 2.685
201709 2.774 104.100 3.056
201712 2.986 104.500 3.277
201803 3.037 105.300 3.307
201806 3.220 104.900 3.520
201809 3.456 106.600 3.718
201812 3.543 106.500 3.815
201903 3.598 107.700 3.831
201906 3.757 107.700 4.000
201909 4.113 109.800 4.295
201912 4.350 111.200 4.486
202003 4.843 112.300 4.945
202006 5.101 110.400 5.298
202009 5.600 111.700 5.749
202012 6.221 111.500 6.398
202103 9.079 112.662 9.241
202106 9.288 111.769 9.529
202109 9.819 112.215 10.034
202112 10.430 113.108 10.574
202203 10.543 114.335 10.574
202206 10.419 114.558 10.429
202209 10.455 115.339 10.394
202212 10.645 115.116 10.604
202303 10.790 115.116 10.748
202306 11.082 114.558 11.093
202309 11.489 115.339 11.422
202312 11.266 114.669 11.266
202403 11.216 114.669 11.216

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


Beijing Oriental Yuhong Waterproof Technology Co  (SZSE:002271) 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.

Beijing Oriental Yuhong Waterproof Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.79/5.6
=2.46

* 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 Beijing Oriental Yuhong Waterproof Technology Co was 23.55. The lowest was 2.37. And the median was 11.17.


Be Aware

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


Beijing Oriental Yuhong Waterproof Technology Co Cyclically Adjusted Book per Share Related Terms

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Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Shunping Road, Shaling Section, Shunyi District, Beijing, CHN, 100123
Beijing Oriental Yuhong Waterproof Technology Co Ltd is engaged in the research and production of waterproofing solution systems. The company offers bituminous and SAM self-adhesive waterproof sheet materials; synthetic macromolecule sheet materials; waterproof coatings; and rigid waterproof, system support, and sealing materials. The solutions are offered to construction projects, industrial buildings, civil buildings and commercial buildings. Oriental Yuhong has also invested in many other fields such as non-woven fabrics, building energy efficiency, mortar, and energy and chemical industry. Geographically the activities are carried out through China.

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