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Sumavision Technologies Co (SZSE:300079) Cyclically Adjusted Book per Share : ¥2.78 (As of Mar. 2024)


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What is Sumavision Technologies 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.

Sumavision Technologies Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥2.958. 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 ¥2.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sumavision Technologies 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 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Sumavision Technologies Co was 6.10% per year. The lowest was 3.60% per year. And the median was 4.60% per year.

As of today (2024-06-12), Sumavision Technologies Co's current stock price is ¥4.16. Sumavision Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.78. Sumavision Technologies Co's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sumavision Technologies Co was 4.42. The lowest was 1.41. And the median was 2.12.


Sumavision Technologies Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sumavision Technologies 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.

Sumavision Technologies Co Cyclically Adjusted Book per Share Chart

Sumavision Technologies 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 2.35 2.47 2.58 2.69 2.75

Sumavision Technologies 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 2.71 2.71 2.75 2.75 2.78

Competitive Comparison of Sumavision Technologies Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Sumavision Technologies 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.


Sumavision Technologies Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sumavision Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sumavision Technologies 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, Sumavision Technologies 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)
=2.958/115.2271*115.2271
=2.958

Current CPI (Mar. 2024) = 115.2271.

Sumavision Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.018 98.200 2.368
201409 2.086 98.900 2.430
201412 2.102 99.000 2.447
201503 2.135 99.900 2.463
201506 2.174 99.500 2.518
201509 2.198 100.500 2.520
201512 2.300 100.600 2.634
201603 2.331 102.200 2.628
201606 2.394 101.400 2.720
201609 2.449 102.400 2.756
201612 2.536 102.600 2.848
201703 2.567 103.200 2.866
201706 2.548 103.100 2.848
201709 2.589 104.100 2.866
201712 2.548 104.500 2.810
201803 2.557 105.300 2.798
201806 2.506 104.900 2.753
201809 2.551 106.600 2.757
201812 2.575 106.500 2.786
201903 2.597 107.700 2.779
201906 2.658 107.700 2.844
201909 2.684 109.800 2.817
201912 2.690 111.200 2.787
202003 2.692 112.300 2.762
202006 2.758 110.400 2.879
202009 2.739 111.700 2.825
202012 2.739 111.500 2.831
202103 2.753 112.662 2.816
202106 2.780 111.769 2.866
202109 2.784 112.215 2.859
202112 2.793 113.108 2.845
202203 2.792 114.335 2.814
202206 2.855 114.558 2.872
202209 2.921 115.339 2.918
202212 2.928 115.116 2.931
202303 2.927 115.116 2.930
202306 2.966 114.558 2.983
202309 2.973 115.339 2.970
202312 2.947 114.781 2.958
202403 2.958 115.227 2.958

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


Sumavision Technologies Co  (SZSE:300079) 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.

Sumavision Technologies Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.16/2.78
=1.50

* 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 Sumavision Technologies Co was 4.42. The lowest was 1.41. And the median was 2.12.


Be Aware

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


Sumavision Technologies Co Cyclically Adjusted Book per Share Related Terms

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


Sumavision Technologies Co (SZSE:300079) Business Description

Traded in Other Exchanges
N/A
Address
Sumavision Plaza, No.15 KaiTuo Road, Shangdi Information and Industry Base, Haidian District, Beijing, CHN, 100085
Sumavision Technologies Co Ltd is a global video and broadband solutions provider. It is engaged in the research, development, production and technical services of digital television software and hardware products. The company's products include DTV Head-end Hardware; Encoding and Transcoding; IPTV/OTT Head-end; Access Network and IPTV/OTT Terminal.
Executives
Zheng Hai Tao Directors, executives
Shi Dong Jing Directors, executives
Sun Peng Cheng Directors, executives
Yao Zhi Jian Secretary Dong
Feng Tao Securities Affairs Representative
Wang Wan Chun Directors, executives
Su Yu Wen Executives
Zhang Gang Directors, executives
Zhou Xin Supervisors
Zhang Huai Yu Directors, executives
Dai Yan Dong Securities Affairs Representative
Liu Jian Bo Independent director
Peng Qiu He Director

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