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CCS Supply Chain Management Co (SHSE:600180) Cyclically Adjusted Book per Share : ¥5.80 (As of Mar. 2024)


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What is CCS Supply Chain Management 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.

CCS Supply Chain Management Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥7.365. 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 ¥5.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CCS Supply Chain Management Co's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 CCS Supply Chain Management Co was 22.80% per year. The lowest was -6.80% per year. And the median was 3.50% per year.

As of today (2024-06-10), CCS Supply Chain Management Co's current stock price is ¥4.07. CCS Supply Chain Management Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.80. CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CCS Supply Chain Management Co was 23.91. The lowest was 0.70. And the median was 3.15.


CCS Supply Chain Management Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CCS Supply Chain Management 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.

CCS Supply Chain Management Co Cyclically Adjusted Book per Share Chart

CCS Supply Chain Management 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 3.41 3.94 4.47 5.13 5.65

CCS Supply Chain Management 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 5.27 5.38 5.56 5.65 5.80

Competitive Comparison of CCS Supply Chain Management Co's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, CCS Supply Chain Management 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.


CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio falls into.



CCS Supply Chain Management 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, CCS Supply Chain Management 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)
=7.365/115.2271*115.2271
=7.365

Current CPI (Mar. 2024) = 115.2271.

CCS Supply Chain Management Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.196 98.200 2.577
201409 2.338 98.900 2.724
201412 2.458 99.000 2.861
201503 2.554 99.900 2.946
201506 4.306 99.500 4.987
201509 3.830 100.500 4.391
201512 4.040 100.600 4.627
201603 4.210 102.200 4.747
201606 4.195 101.400 4.767
201609 4.313 102.400 4.853
201612 4.551 102.600 5.111
201703 4.808 103.200 5.368
201706 4.800 103.100 5.365
201709 4.851 104.100 5.370
201712 5.146 104.500 5.674
201803 5.370 105.300 5.876
201806 5.446 104.900 5.982
201809 5.525 106.600 5.972
201812 5.661 106.500 6.125
201903 5.805 107.700 6.211
201906 5.868 107.700 6.278
201909 5.949 109.800 6.243
201912 6.067 111.200 6.287
202003 6.177 112.300 6.338
202006 6.058 110.400 6.323
202009 5.985 111.700 6.174
202012 6.019 111.500 6.220
202103 6.185 112.662 6.326
202106 6.212 111.769 6.404
202109 6.434 112.215 6.607
202112 6.734 113.108 6.860
202203 6.760 114.335 6.813
202206 7.053 114.558 7.094
202209 7.179 115.339 7.172
202212 7.176 115.116 7.183
202303 7.291 115.116 7.298
202306 7.561 114.558 7.605
202309 7.404 115.339 7.397
202312 7.271 114.781 7.299
202403 7.365 115.227 7.365

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


CCS Supply Chain Management Co  (SHSE:600180) 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.

CCS Supply Chain Management Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.07/5.8
=0.70

* 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 CCS Supply Chain Management Co was 23.91. The lowest was 0.70. And the median was 3.15.


Be Aware

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


CCS Supply Chain Management Co Cyclically Adjusted Book per Share Related Terms

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


CCS Supply Chain Management Co (SHSE:600180) Business Description

Traded in Other Exchanges
N/A
Address
20/F, HailianMasion, No.20, Business Outer Ring Road, CBD, Zhengdong New Area, Zhengzhou, CHN, 450000
CCS Supply Chain Management Co Ltd is a China-based company engaged in coal supply chain management business. In addition, it is also engaged in supply chain financial business. Through its subsidiaries, the company is also engaged in the procurement and sales of coal.
Executives
Li Qun Li Director
Yan Gang Director
Zhang Ju Fang senior management
Wang Dong Sheng Director
Li Ai Jun senior management
Xing Guo Zhen Director
Jiang Hai Lin Director
Jiang Shao Qing Director
Jiang Pei Qi Supervisors

CCS Supply Chain Management Co (SHSE:600180) Headlines

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