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Yue Yuen Industrial (Holdings) (FRA:YUE1) Cyclically Adjusted Book per Share : €2.30 (As of Dec. 2023)


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What is Yue Yuen Industrial (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.

Yue Yuen Industrial (Holdings)'s adjusted book value per share for the three months ended in Dec. 2023 was €2.412. 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 €2.30 for the trailing ten years ended in Dec. 2023.

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 (2024-05-22), Yue Yuen Industrial (Holdings)'s current stock price is €1.76. Yue Yuen Industrial (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €2.30. Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yue Yuen Industrial (Holdings) was 0.73. The lowest was 0.36. And the median was 0.52.


Yue Yuen Industrial (Holdings) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yue Yuen Industrial (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.

* Premium members only.

Yue Yuen Industrial (Holdings) Cyclically Adjusted Book per Share Chart

Yue Yuen Industrial (Holdings) 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 - - - - 2.30

Yue Yuen Industrial (Holdings) Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 - - - 2.30 -

Competitive Comparison of Yue Yuen Industrial (Holdings)'s Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Yue Yuen Industrial (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.


Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio falls into.



Yue Yuen Industrial (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, Yue Yuen Industrial (Holdings)'s adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.412/117.2957*117.2957
=2.412

Current CPI (Dec. 2023) = 117.2957.

Yue Yuen Industrial (Holdings) Quarterly Data

Book Value per Share CPI Adj_Book
200009 1.543 77.608 2.332
200109 1.734 76.712 2.651
200209 1.807 73.926 2.867
200309 0.881 71.538 1.445
200409 0.893 72.036 1.454
200509 0.972 73.104 1.560
200609 1.015 74.643 1.595
200709 1.046 75.852 1.618
200809 1.165 78.161 1.748
200903 0.000 79.480 0.000
200909 1.264 78.490 1.889
201003 1.402 81.239 2.024
201009 1.560 80.029 2.286
201103 1.513 84.756 2.094
201109 1.611 84.646 2.232
201203 1.761 88.934 2.323
201306 1.913 93.001 2.413
201312 1.921 95.090 2.370
201406 1.900 96.409 2.312
201412 2.164 99.707 2.546
201506 2.409 99.267 2.847
201512 2.504 102.015 2.879
201606 2.469 101.686 2.848
201612 2.726 103.225 3.098
201706 2.600 103.664 2.942
201712 2.193 104.984 2.450
201806 2.160 106.193 2.386
201812 2.244 107.622 2.446
201906 2.230 109.601 2.387
201912 2.288 110.700 2.424
202006 2.077 110.590 2.203
202012 1.986 109.711 2.123
202106 2.103 111.360 2.215
202112 2.250 112.349 2.349
202206 2.449 113.448 2.532
202209 0.000 113.778 0.000
202212 2.453 114.548 2.512
202306 2.335 115.647 2.368
202309 0.000 116.087 0.000
202312 2.412 117.296 2.412

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


Yue Yuen Industrial (Holdings)  (FRA:YUE1) 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.

Yue Yuen Industrial (Holdings)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.76/2.3
=0.77

* 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 Yue Yuen Industrial (Holdings) was 0.73. The lowest was 0.36. And the median was 0.52.


Be Aware

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


Yue Yuen Industrial (Holdings) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Yue Yuen Industrial (Holdings)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Yue Yuen Industrial (Holdings) (FRA:YUE1) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (FRA:YUE1) Headlines

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