GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Citychamp Dartong Co Ltd (SHSE:600067) » Definitions » Cyclically Adjusted Book per Share

Citychamp Dartong Co (SHSE:600067) Cyclically Adjusted Book per Share : ¥5.27 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Citychamp Dartong 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.

Citychamp Dartong Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.717. 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 ¥5.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Citychamp Dartong Co's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Citychamp Dartong Co was 27.60% per year. The lowest was 3.80% per year. And the median was 17.30% per year.

As of today (2024-05-26), Citychamp Dartong Co's current stock price is ¥2.20. Citychamp Dartong Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.27. Citychamp Dartong Co's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Citychamp Dartong Co was 6.65. The lowest was 0.33. And the median was 1.14.


Citychamp Dartong Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Citychamp Dartong 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.

Citychamp Dartong Co Cyclically Adjusted Book per Share Chart

Citychamp Dartong 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 4.37 4.70 4.99 5.23 5.25

Citychamp Dartong 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 5.25 5.23 5.28 5.25 5.27

Competitive Comparison of Citychamp Dartong Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Citychamp Dartong 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.


Citychamp Dartong Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Citychamp Dartong Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Citychamp Dartong Co's Cyclically Adjusted PB Ratio falls into.



Citychamp Dartong 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, Citychamp Dartong 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)
=4.717/115.2271*115.2271
=4.717

Current CPI (Mar. 2024) = 115.2271.

Citychamp Dartong Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.253 98.200 4.990
201409 4.271 98.900 4.976
201412 4.633 99.000 5.392
201503 4.564 99.900 5.264
201506 4.812 99.500 5.573
201509 4.750 100.500 5.446
201512 4.747 100.600 5.437
201603 4.751 102.200 5.357
201606 4.675 101.400 5.312
201609 4.803 102.400 5.405
201612 4.568 102.600 5.130
201703 4.764 103.200 5.319
201706 4.804 103.100 5.369
201709 4.811 104.100 5.325
201712 4.857 104.500 5.356
201803 4.842 105.300 5.298
201806 4.814 104.900 5.288
201809 4.915 106.600 5.313
201812 5.380 106.500 5.821
201903 5.323 107.700 5.695
201906 4.978 107.700 5.326
201909 5.001 109.800 5.248
201912 5.207 111.200 5.396
202003 5.158 112.300 5.292
202006 5.128 110.400 5.352
202009 5.460 111.700 5.632
202012 5.386 111.500 5.566
202103 5.405 112.662 5.528
202106 5.369 111.769 5.535
202109 5.336 112.215 5.479
202112 4.661 113.108 4.748
202203 5.018 114.335 5.057
202206 5.081 114.558 5.111
202209 5.044 115.339 5.039
202212 5.057 115.116 5.062
202303 5.043 115.116 5.048
202306 5.003 114.558 5.032
202309 4.957 115.339 4.952
202312 4.739 114.781 4.757
202403 4.717 115.227 4.717

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


Citychamp Dartong Co  (SHSE:600067) 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.

Citychamp Dartong Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.20/5.27
=0.42

* 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 Citychamp Dartong Co was 6.65. The lowest was 0.33. And the median was 1.14.


Be Aware

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


Citychamp Dartong Co Cyclically Adjusted Book per Share Related Terms

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


Citychamp Dartong Co (SHSE:600067) Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Wuyi Middle Road, Yuanhong Tower, 26F, Gulou District, Fuzhou, Fujian, CHN, 350005
Citychamp Dartong Co Ltd operates in the real estate industry and enameled wire business. The products of the real estate industry involve residential and office buildings like garden houses, villas, and integrated commercial and urban complexes. The products of enameled wire business are used in energy information industry, aerospace, rail transit, and wind power.
Executives
He Zhu Yun Supervisors
Han Guo Jian senior management
Li Chun senior management
Lin Si Yu senior management
Liu Hua Director
Xiao Lin Shou senior management
Shang Jian Guang Director

Citychamp Dartong Co (SHSE:600067) Headlines

No Headlines