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Shenzhen Kingsino Technology Co (SZSE:002548) Cyclically Adjusted Book per Share : ¥3.08 (As of Mar. 2024)


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What is Shenzhen Kingsino Technology 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.

Shenzhen Kingsino Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥1.780. 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 ¥3.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenzhen Kingsino Technology Co's average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Shenzhen Kingsino Technology Co was 8.00% per year. The lowest was 2.00% per year. And the median was 5.40% per year.

As of today (2024-06-10), Shenzhen Kingsino Technology Co's current stock price is ¥4.26. Shenzhen Kingsino Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.08. Shenzhen Kingsino Technology Co's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shenzhen Kingsino Technology Co was 4.95. The lowest was 1.18. And the median was 2.26.


Shenzhen Kingsino Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shenzhen Kingsino Technology 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.

Shenzhen Kingsino Technology Co Cyclically Adjusted Book per Share Chart

Shenzhen Kingsino Technology 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 2.65 2.90 3.05 3.10 3.08

Shenzhen Kingsino Technology 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 3.11 3.09 3.11 3.08 3.08

Competitive Comparison of Shenzhen Kingsino Technology Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Shenzhen Kingsino Technology 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.


Shenzhen Kingsino Technology Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Kingsino Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Kingsino Technology Co's Cyclically Adjusted PB Ratio falls into.



Shenzhen Kingsino Technology 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, Shenzhen Kingsino Technology 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)
=1.78/115.2271*115.2271
=1.780

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Kingsino Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.001 98.200 2.348
201409 1.974 98.900 2.300
201412 2.009 99.000 2.338
201503 2.046 99.900 2.360
201506 2.018 99.500 2.337
201509 1.743 100.500 1.998
201512 3.109 100.600 3.561
201603 3.174 102.200 3.579
201606 3.166 101.400 3.598
201609 3.268 102.400 3.677
201612 3.334 102.600 3.744
201703 3.402 103.200 3.798
201706 3.347 103.100 3.741
201709 3.329 104.100 3.685
201712 3.307 104.500 3.646
201803 3.685 105.300 4.032
201806 3.395 104.900 3.729
201809 3.272 106.600 3.537
201812 2.619 106.500 2.834
201903 2.685 107.700 2.873
201906 3.018 107.700 3.229
201909 3.051 109.800 3.202
201912 3.262 111.200 3.380
202003 3.383 112.300 3.471
202006 3.584 110.400 3.741
202009 3.855 111.700 3.977
202012 3.827 111.500 3.955
202103 3.829 112.662 3.916
202106 3.910 111.769 4.031
202109 3.435 112.215 3.527
202112 2.638 113.108 2.687
202203 2.176 114.335 2.193
202206 1.965 114.558 1.976
202209 2.732 115.339 2.729
202212 2.643 115.116 2.646
202303 2.522 115.116 2.524
202306 2.361 114.558 2.375
202309 2.274 115.339 2.272
202312 1.840 114.781 1.847
202403 1.780 115.227 1.780

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


Shenzhen Kingsino Technology Co  (SZSE:002548) 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.

Shenzhen Kingsino Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.26/3.08
=1.38

* 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 Shenzhen Kingsino Technology Co was 4.95. The lowest was 1.18. And the median was 2.26.


Be Aware

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


Shenzhen Kingsino Technology Co Cyclically Adjusted Book per Share Related Terms

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Shenzhen Kingsino Technology Co (SZSE:002548) Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen High-tech Industrial Park Road, 18 Photoelectric Jin Xinnong Building, Guangming District, Guangming New District, Shenzhen, CHN, 518106
Shenzhen Kingsino Technology Co Ltd formerly known as Shenzhen Jinxinnong Technology Co Ltd is engaged in the business of pig feed research and production, breeding pig breeding, animal protection veterinary drugs and Internet communication technology.
Executives
Tang Fei Bing Executives
Qian Zi Long Executives
Di Wei Bing Directors, executives
Chen Wen Bin Executives
Chen Jun Hai Director
Zhao Zu Kai Executives
Wang Jian Neng Directors, executives
Yang Hua Lin Supervisors
Li Xue Director
Lin Xue Supervisors
Cai Zhang Xing Director
Liu Chao Supervisors
Li Bin Independent director
Zhang Guo En Supervisors
Liu Yang Executives

Shenzhen Kingsino Technology Co (SZSE:002548) Headlines

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