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GEPIC Energy Development Co (SZSE:000791) Cyclically Adjusted Book per Share : ¥4.75 (As of Mar. 2024)


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What is GEPIC Energy 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.

GEPIC Energy Development Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥5.468. 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 ¥4.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GEPIC Energy Development Co's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 GEPIC Energy Development Co was 16.10% per year. The lowest was 5.10% per year. And the median was 11.90% per year.

As of today (2024-05-24), GEPIC Energy Development Co's current stock price is ¥7.67. GEPIC Energy Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.75. GEPIC Energy Development Co's Cyclically Adjusted PB Ratio of today is 1.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GEPIC Energy Development Co was 7.88. The lowest was 0.81. And the median was 1.43.


GEPIC Energy Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for GEPIC Energy 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.

GEPIC Energy Development Co Cyclically Adjusted Book per Share Chart

GEPIC Energy 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 3.70 4.04 4.15 4.57 4.69

GEPIC Energy 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 4.61 4.62 4.68 4.69 4.75

Competitive Comparison of GEPIC Energy Development Co's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, GEPIC Energy 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.


GEPIC Energy Development Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GEPIC Energy Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GEPIC Energy 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, GEPIC Energy 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)
=5.468/115.2271*115.2271
=5.468

Current CPI (Mar. 2024) = 115.2271.

GEPIC Energy Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.418 98.200 4.011
201409 3.588 98.900 4.180
201412 3.610 99.000 4.202
201503 3.484 99.900 4.019
201506 3.503 99.500 4.057
201509 3.673 100.500 4.211
201512 3.904 100.600 4.472
201603 3.628 102.200 4.090
201606 3.635 101.400 4.131
201609 3.759 102.400 4.230
201612 3.676 102.600 4.128
201703 3.575 103.200 3.992
201706 3.875 103.100 4.331
201709 4.058 104.100 4.492
201712 4.303 104.500 4.745
201803 4.078 105.300 4.462
201806 4.182 104.900 4.594
201809 4.455 106.600 4.816
201812 4.428 106.500 4.791
201903 4.407 107.700 4.715
201906 4.542 107.700 4.859
201909 4.757 109.800 4.992
201912 4.708 111.200 4.878
202003 4.680 112.300 4.802
202006 4.750 110.400 4.958
202009 4.963 111.700 5.120
202012 4.939 111.500 5.104
202103 4.930 112.662 5.042
202106 4.926 111.769 5.078
202109 5.045 112.215 5.180
202112 5.011 113.108 5.105
202203 4.974 114.335 5.013
202206 5.062 114.558 5.092
202209 5.223 115.339 5.218
202212 6.073 115.116 6.079
202303 5.138 115.116 5.143
202306 5.261 114.558 5.292
202309 5.460 115.339 5.455
202312 5.432 114.781 5.453
202403 5.468 115.227 5.468

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


GEPIC Energy Development Co  (SZSE:000791) 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.

GEPIC Energy Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.67/4.75
=1.61

* 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 GEPIC Energy Development Co was 7.88. The lowest was 0.81. And the median was 1.43.


Be Aware

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


GEPIC Energy Development Co Cyclically Adjusted Book per Share Related Terms

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


GEPIC Energy Development Co (SZSE:000791) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 69 Building Investment Group, 24th Floor, Gansu North Riverside, Gansu Province, Lanzhou, CHN
GEPIC Energy Development Co Ltd manufactures and distributes paints, pigments and pipes. It also involved in property development and management, as well as commercial trading and logistics businesses.

GEPIC Energy Development Co (SZSE:000791) Headlines

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