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Aier Eye Hospital Group Co (SZSE:300015) Cyclically Adjusted Book per Share : ¥1.09 (As of Mar. 2025)


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What is Aier Eye Hospital Group 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.

Aier Eye Hospital Group Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥2.342. 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 ¥1.09 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Aier Eye Hospital Group Co's average Cyclically Adjusted Book Growth Rate was 21.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.20% 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 Aier Eye Hospital Group Co was 25.50% per year. The lowest was 23.00% per year. And the median was 23.60% per year.

As of today (2025-07-19), Aier Eye Hospital Group Co's current stock price is ¥12.51. Aier Eye Hospital Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥1.09. Aier Eye Hospital Group Co's Cyclically Adjusted PB Ratio of today is 11.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aier Eye Hospital Group Co was 96.75. The lowest was 9.90. And the median was 33.62.


Aier Eye Hospital Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aier Eye Hospital Group 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.

Aier Eye Hospital Group Co Cyclically Adjusted Book per Share Chart

Aier Eye Hospital Group 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 0.43 0.54 0.68 0.85 1.04

Aier Eye Hospital Group 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 0.90 0.94 1.00 1.04 1.09

Competitive Comparison of Aier Eye Hospital Group Co's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Aier Eye Hospital Group 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.


Aier Eye Hospital Group Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aier Eye Hospital Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aier Eye Hospital Group Co's Cyclically Adjusted PB Ratio falls into.


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Aier Eye Hospital Group 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, Aier Eye Hospital Group 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)
=2.342/115.1156*115.1156
=2.342

Current CPI (Mar. 2025) = 115.1156.

Aier Eye Hospital Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.263 99.500 0.304
201509 0.285 100.500 0.326
201512 0.292 100.600 0.334
201603 0.307 102.200 0.346
201606 0.323 101.400 0.367
201609 0.314 102.400 0.353
201612 0.363 102.600 0.407
201703 0.351 103.200 0.392
201706 0.365 103.100 0.408
201709 0.399 104.100 0.441
201712 0.592 104.500 0.652
201803 0.619 105.300 0.677
201806 0.569 104.900 0.624
201809 0.634 106.600 0.685
201812 0.645 106.500 0.697
201903 0.678 107.700 0.725
201906 0.678 107.700 0.725
201909 0.731 109.800 0.766
201912 0.748 111.200 0.774
202003 0.757 112.300 0.776
202006 0.826 110.400 0.861
202009 1.053 111.700 1.085
202012 1.092 111.500 1.127
202103 1.139 112.662 1.164
202106 1.109 111.769 1.142
202109 1.207 112.215 1.238
202112 1.239 113.108 1.261
202203 1.299 114.335 1.308
202206 1.342 114.558 1.349
202209 1.740 115.339 1.737
202212 1.787 115.116 1.787
202303 1.877 115.116 1.877
202306 1.872 114.558 1.881
202309 2.005 115.339 2.001
202312 2.021 114.781 2.027
202403 2.110 115.227 2.108
202406 2.084 114.781 2.090
202409 2.188 115.785 2.175
202412 2.221 114.893 2.225
202503 2.342 115.116 2.342

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


Aier Eye Hospital Group Co  (SZSE:300015) 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.

Aier Eye Hospital Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.51/1.09
=11.48

* 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 Aier Eye Hospital Group Co was 96.75. The lowest was 9.90. And the median was 33.62.


Be Aware

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


Aier Eye Hospital Group Co Cyclically Adjusted Book per Share Related Terms

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


Aier Eye Hospital Group Co Business Description

Traded in Other Exchanges
N/A
Address
Furongzhonglu Road, New Century Mansion No.198, Hunan Provience, Changsha, CHN, 410015
Aier Eye Hospital Group Co Ltd provides international ophthalmic technology and management services in China. The company offers services in myopia surgery, cataract, pediatric, eye plastic surgery, myopia prevention and control to patients. The group also enables high-standard medical care.
Executives
Tang Shi Bo Executives
Li Li Directors, executives
Wu Shi Jun Directors, Directors, and Executives
Liu Duo Yuan Executives
Feng Jun Executives
Wang Li Hua Executives
Li Ai Ming Executives
Yang Zhi Kuan Executives
Han Zhong Directors, executives
Sun Jian Supervisors
Chen Bang Director
Huang Qiang Securities Affairs Representative
Wen Jian Hui Securities Affairs Representative
Guo Hong Wei Director
Wan Wei Executives

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