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Lander Sports Development Co (SZSE:000558) Cyclically Adjusted Book per Share : ¥1.07 (As of Mar. 2024)


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What is Lander Sports Development 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.

Lander Sports Development Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥0.861. 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 ¥1.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lander Sports Development Co's average Cyclically Adjusted Book Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Lander Sports Development Co was 13.80% per year. The lowest was -0.60% per year. And the median was 7.50% per year.

As of today (2024-06-06), Lander Sports Development Co's current stock price is ¥2.18. Lander Sports Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.07. Lander Sports Development Co's Cyclically Adjusted PB Ratio of today is 2.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lander Sports Development Co was 28.78. The lowest was 2.13. And the median was 3.53.


Lander Sports Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lander Sports Development 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.

Lander Sports Development Co Cyclically Adjusted Book per Share Chart

Lander Sports Development 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 1.08 1.09 1.10 1.10 1.07

Lander Sports Development 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 1.10 1.09 1.09 1.07 1.07

Competitive Comparison of Lander Sports Development Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Lander Sports Development 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.


Lander Sports Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Lander Sports Development Co's Cyclically Adjusted PB Ratio falls into.



Lander Sports Development 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, Lander Sports Development 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)
=0.861/115.2271*115.2271
=0.861

Current CPI (Mar. 2024) = 115.2271.

Lander Sports Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.968 98.200 1.136
201409 1.266 98.900 1.475
201412 1.277 99.000 1.486
201503 1.279 99.900 1.475
201506 1.242 99.500 1.438
201509 1.229 100.500 1.409
201512 0.993 100.600 1.137
201603 1.006 102.200 1.134
201606 1.011 101.400 1.149
201609 1.009 102.400 1.135
201612 1.007 102.600 1.131
201703 1.014 103.200 1.132
201706 1.017 103.100 1.137
201709 1.016 104.100 1.125
201712 1.027 104.500 1.132
201803 1.034 105.300 1.131
201806 1.043 104.900 1.146
201809 1.045 106.600 1.130
201812 0.982 106.500 1.062
201903 0.957 107.700 1.024
201906 0.948 107.700 1.014
201909 0.936 109.800 0.982
201912 1.003 111.200 1.039
202003 0.992 112.300 1.018
202006 0.984 110.400 1.027
202009 0.985 111.700 1.016
202012 0.944 111.500 0.976
202103 0.935 112.662 0.956
202106 0.905 111.769 0.933
202109 0.894 112.215 0.918
202112 0.872 113.108 0.888
202203 0.864 114.335 0.871
202206 0.857 114.558 0.862
202209 0.856 115.339 0.855
202212 1.141 115.116 1.142
202303 0.847 115.116 0.848
202306 0.837 114.558 0.842
202309 0.847 115.339 0.846
202312 0.840 114.781 0.843
202403 0.861 115.227 0.861

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


Lander Sports Development Co  (SZSE:000558) 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.

Lander Sports Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.18/1.07
=2.04

* 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 Lander Sports Development Co was 28.78. The lowest was 2.13. And the median was 3.53.


Be Aware

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


Lander Sports Development Co Cyclically Adjusted Book per Share Related Terms

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


Lander Sports Development Co (SZSE:000558) Business Description

Traded in Other Exchanges
N/A
Address
No. 535 Wensan Road, Rheinda Building, Xihu District, Zhejiang Province, Hangzhou, CHN
Lander Sports Development Co Ltd is engaged in the business of sports operations, real estate sales and leasing, energy and trade sales.
Executives
Tao Chun Director
Huang Hai Yan Independent director
Zhou Xiao Xia Supervisors
Gao Ji Sheng Director
Xu Chao Directors, executives
Xu Lan Zhi Executives
Liu Xiao Liang Executives
Qin Ji Hong Executives
Li Qi Director
Huang Guo Liang Director
Xu Zhong Ping Executives
Gao Jian Ping Director
Lou Xiao Ying Executives
Xu Yi Bo Executives

Lander Sports Development Co (SZSE:000558) Headlines

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