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CCOOP Group Co (SZSE:000564) Cyclically Adjusted Book per Share : ¥4.09 (As of Mar. 2024)


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What is CCOOP Group 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.

CCOOP Group Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥0.646. 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 ¥4.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CCOOP Group Co's average Cyclically Adjusted Book Growth Rate was -8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 CCOOP Group Co was 8.40% per year. The lowest was -4.20% per year. And the median was 6.10% per year.

As of today (2024-05-24), CCOOP Group Co's current stock price is ¥2.00. CCOOP Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.09. CCOOP Group Co's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CCOOP Group Co was 5.13. The lowest was 0.20. And the median was 0.91.


CCOOP Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CCOOP Group 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.

CCOOP Group Co Cyclically Adjusted Book per Share Chart

CCOOP Group 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 4.57 4.73 4.80 4.52 4.16

CCOOP Group 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 4.44 4.33 4.27 4.16 4.09

Competitive Comparison of CCOOP Group Co's Cyclically Adjusted Book per Share

For the Department Stores subindustry, CCOOP Group 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.


CCOOP Group Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CCOOP Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CCOOP Group 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, CCOOP Group 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)
=0.646/115.2271*115.2271
=0.646

Current CPI (Mar. 2024) = 115.2271.

CCOOP Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.565 98.200 4.183
201409 3.603 98.900 4.198
201412 4.308 99.000 5.014
201503 3.667 99.900 4.230
201506 3.674 99.500 4.255
201509 3.085 100.500 3.537
201512 13.314 100.600 15.250
201603 3.116 102.200 3.513
201606 3.136 101.400 3.564
201609 4.632 102.400 5.212
201612 4.990 102.600 5.604
201703 4.666 103.200 5.210
201706 4.967 103.100 5.551
201709 5.020 104.100 5.557
201712 5.057 104.500 5.576
201803 5.090 105.300 5.570
201806 5.126 104.900 5.631
201809 5.177 106.600 5.596
201812 5.231 106.500 5.660
201903 5.175 107.700 5.537
201906 5.189 107.700 5.552
201909 5.177 109.800 5.433
201912 4.975 111.200 5.155
202003 4.940 112.300 5.069
202006 4.943 110.400 5.159
202009 4.957 111.700 5.114
202012 4.232 111.500 4.373
202103 4.211 112.662 4.307
202106 4.198 111.769 4.328
202109 4.186 112.215 4.298
202112 0.637 113.108 0.649
202203 0.638 114.335 0.643
202206 0.645 114.558 0.649
202209 0.652 115.339 0.651
202212 0.591 115.116 0.592
202303 0.587 115.116 0.588
202306 0.674 114.558 0.678
202309 0.665 115.339 0.664
202312 0.585 114.781 0.587
202403 0.646 115.227 0.646

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


CCOOP Group Co  (SZSE:000564) 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.

CCOOP Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.00/4.09
=0.49

* 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 CCOOP Group Co was 5.13. The lowest was 0.20. And the median was 0.91.


Be Aware

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


CCOOP Group Co Cyclically Adjusted Book per Share Related Terms

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


CCOOP Group Co (SZSE:000564) Business Description

Traded in Other Exchanges
N/A
Address
No. 103 Jiefang Road, Shanxi Province, Xi'an, CHN, 710005
CCOOP Group Co Ltd is a China-based company engaged in operating retail department stores in China. It focuses on physical store operations, conducts store operations based on the model of joint ventures and leasing.

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