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CGN Nuclear Technology Development Co (SZSE:000881) Cyclically Adjusted Book per Share : ¥6.06 (As of Mar. 2024)


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What is CGN Nuclear Technology 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.

CGN Nuclear Technology Development Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥5.838. 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 ¥6.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CGN Nuclear Technology Development Co's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 CGN Nuclear Technology Development Co was 9.70% per year. The lowest was 2.20% per year. And the median was 5.70% per year.

As of today (2024-06-10), CGN Nuclear Technology Development Co's current stock price is ¥6.52. CGN Nuclear Technology Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.06. CGN Nuclear Technology Development Co's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CGN Nuclear Technology Development Co was 6.22. The lowest was 0.92. And the median was 1.70.


CGN Nuclear Technology Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for CGN Nuclear Technology 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.

CGN Nuclear Technology Development Co Cyclically Adjusted Book per Share Chart

CGN Nuclear Technology 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 5.54 5.66 5.85 6.03 6.05

CGN Nuclear Technology 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 6.05 6.03 6.08 6.05 6.06

Competitive Comparison of CGN Nuclear Technology Development Co's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, CGN Nuclear Technology 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.


CGN Nuclear Technology Development Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CGN Nuclear Technology Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CGN Nuclear Technology Development Co's Cyclically Adjusted PB Ratio falls into.



CGN Nuclear Technology 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, CGN Nuclear Technology 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)
=5.838/115.2271*115.2271
=5.838

Current CPI (Mar. 2024) = 115.2271.

CGN Nuclear Technology Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.275 98.200 6.190
201409 5.308 98.900 6.184
201412 5.305 99.000 6.175
201503 5.347 99.900 6.167
201506 2.655 99.500 3.075
201509 2.663 100.500 3.053
201512 3.880 100.600 4.444
201603 2.679 102.200 3.020
201606 2.687 101.400 3.053
201609 2.691 102.400 3.028
201612 16.565 102.600 18.604
201703 4.884 103.200 5.453
201706 4.858 103.100 5.429
201709 4.941 104.100 5.469
201712 5.066 104.500 5.586
201803 5.090 105.300 5.570
201806 5.139 104.900 5.645
201809 5.367 106.600 5.801
201812 5.505 106.500 5.956
201903 5.521 107.700 5.907
201906 5.552 107.700 5.940
201909 6.053 109.800 6.352
201912 6.056 111.200 6.275
202003 5.992 112.300 6.148
202006 6.246 110.400 6.519
202009 6.300 111.700 6.499
202012 6.314 111.500 6.525
202103 6.337 112.662 6.481
202106 6.424 111.769 6.623
202109 6.492 112.215 6.666
202112 6.454 113.108 6.575
202203 6.492 114.335 6.543
202206 6.581 114.558 6.619
202209 6.709 115.339 6.703
202212 6.692 115.116 6.698
202303 6.664 115.116 6.670
202306 6.561 114.558 6.599
202309 6.558 115.339 6.552
202312 5.908 114.781 5.931
202403 5.838 115.227 5.838

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


CGN Nuclear Technology Development Co  (SZSE:000881) 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.

CGN Nuclear Technology Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.52/6.06
=1.08

* 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 CGN Nuclear Technology Development Co was 6.22. The lowest was 0.92. And the median was 1.70.


Be Aware

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


CGN Nuclear Technology Development Co Cyclically Adjusted Book per Share Related Terms

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


CGN Nuclear Technology Development Co (SZSE:000881) Business Description

Traded in Other Exchanges
N/A
Address
No.219, Huanghe Road, Dalian, CHN, 116011
CGN Nuclear Technology Development Co Ltd, Dalian International Cooperation (Group) Holdings Ltd is principally engaged in businesses such as construction project contracting, international labor service cooperation, real estate, ocean transportation, pelagic fishery, international trade, bio-pharmacy, aquaculture and aquatic products processing. Geographically the group has invested and set up affiliates in Singapore, Suriname, Russia, Gabon, Guinea, Sierra Leone, Argentina, Spain, South Korea, Japan and so on.
Executives
Wang Jun Supervisors
Liu Sheng De Director
Zhang Lan Shui Directors, executives
Yang Li Qiang Supervisors
Li Shu Juan Director

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