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China Networks International Holdings (China Networks International Holdings) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2018)


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What is China Networks International Holdings 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 Networks International Holdings's adjusted book value per share data for the fiscal year that ended in Dec. 2018 was $-0.050. 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 $0.00 for the trailing ten years ended in Dec. 2018.

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.

As of today (2024-05-26), China Networks International Holdings's current stock price is $ 0.001. China Networks International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2018 was $0.00. China Networks International Holdings's Cyclically Adjusted PB Ratio of today is .


China Networks International Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for China Networks International Holdings'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.

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China Networks International Holdings Cyclically Adjusted Book per Share Chart

China Networks International Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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China Networks International Holdings Semi-Annual Data
Jun07 Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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Competitive Comparison of China Networks International Holdings's Cyclically Adjusted Book per Share

For the Shell Companies subindustry, China Networks International Holdings'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 Networks International Holdings's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Networks International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Networks International Holdings's Cyclically Adjusted PB Ratio falls into.



China Networks International Holdings 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 Networks International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2018 was:

Adj_Book=Book Value per Share /CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=-0.05/106.5000*106.5000
=-0.050

Current CPI (Dec. 2018) = 106.5000.

China Networks International Holdings Annual Data

Book Value per Share CPI Adj_Book
200912 -0.598 85.386 -0.746
201012 0.583 89.289 0.695
201112 0.078 92.885 0.089
201212 -0.011 95.237 -0.012
201312 -0.029 97.624 -0.032
201412 -0.037 99.000 -0.040
201512 -0.040 100.600 -0.042
201612 -0.043 102.600 -0.045
201712 -0.047 104.500 -0.048
201812 -0.050 106.500 -0.050

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


China Networks International Holdings  (OTCPK:CNWHF) 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.


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 Networks International Holdings Cyclically Adjusted Book per Share Related Terms

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China Networks International Holdings (China Networks International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6A Jian Guo Men Wai Avenue, 801, 29th Floor, Block C, Central International Trade Center, Chao Yang District, Beijing, CHN
Website
China Networks International Holdings Ltd is a shell company.
Executives
Kerry Propper director, 10 percent owner CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075

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