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Capitalonline Data Service Co (SZSE:300846) Cyclically Adjusted PB Ratio : 4.49 (As of Jun. 08, 2024)


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What is Capitalonline Data Service Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Capitalonline Data Service Co's current share price is ¥9.29. Capitalonline Data Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.07. Capitalonline Data Service Co's Cyclically Adjusted PB Ratio for today is 4.49.

The historical rank and industry rank for Capitalonline Data Service Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300846' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.47   Med: 5.29   Max: 5.61
Current: 4.47

During the past years, Capitalonline Data Service Co's highest Cyclically Adjusted PB Ratio was 5.61. The lowest was 4.47. And the median was 5.29.

SZSE:300846's Cyclically Adjusted PB Ratio is ranked worse than
70.9% of 1416 companies
in the Software industry
Industry Median: 2.54 vs SZSE:300846: 4.47

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.

Capitalonline Data Service Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥2.337. 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 ¥2.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capitalonline Data Service Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capitalonline Data Service Co's Cyclically Adjusted PB Ratio 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.

Capitalonline Data Service Co Cyclically Adjusted PB Ratio Chart

Capitalonline Data Service Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Capitalonline Data Service 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 PB Ratio 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 - - - - 6.01

Competitive Comparison of Capitalonline Data Service Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Capitalonline Data Service 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.


Capitalonline Data Service Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Capitalonline Data Service Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Capitalonline Data Service Co's Cyclically Adjusted PB Ratio falls into.



Capitalonline Data Service Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Capitalonline Data Service Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.29/2.07
=4.49

* 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.

Capitalonline Data Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Capitalonline Data Service 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)
=2.337/115.2271*115.2271
=2.337

Current CPI (Mar. 2024) = 115.2271.

Capitalonline Data Service Co Quarterly Data

Book Value per Share CPI Adj_Book
200812 1.611 83.956 2.211
200906 0.000 83.615 0.000
200912 2.022 85.386 2.729
201006 1.653 85.886 2.218
201012 2.208 89.289 2.849
201106 0.740 91.612 0.931
201112 1.887 92.885 2.341
201206 1.182 93.495 1.457
201212 1.680 95.237 2.033
201306 1.698 95.984 2.038
201312 0.749 97.624 0.884
201406 1.602 98.200 1.880
201412 1.621 99.000 1.887
201506 1.634 99.500 1.892
201512 2.118 100.600 2.426
201612 2.808 102.600 3.154
201712 1.462 104.500 1.612
201806 0.000 104.900 0.000
201812 1.516 106.500 1.640
201903 0.000 107.700 0.000
201906 1.609 107.700 1.721
201909 0.000 109.800 0.000
201912 1.711 111.200 1.773
202003 1.548 112.300 1.588
202006 1.886 110.400 1.968
202009 1.869 111.700 1.928
202012 1.821 111.500 1.882
202103 1.841 112.662 1.883
202106 1.564 111.769 1.612
202109 1.578 112.215 1.620
202112 1.578 113.108 1.608
202203 2.859 114.335 2.881
202206 2.848 114.558 2.865
202209 2.876 115.339 2.873
202212 2.589 115.116 2.592
202303 2.457 115.116 2.459
202306 2.407 114.558 2.421
202309 2.298 115.339 2.296
202312 1.860 114.781 1.867
202403 2.337 115.227 2.337

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


Capitalonline Data Service Co  (SZSE:300846) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Capitalonline Data Service Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Capitalonline Data Service Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Capitalonline Data Service Co (SZSE:300846) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Dongran North Street, Baolan Golden Park International Center, Room B3010, 3rd Floor, Section B, Haidian District, Beijing, CHN
Capitalonline Data Service Co Ltd is engaged in provision of internet data center service. It provides technology development, technology promotion, technical services, technical consulting; computer system services; data processing; basic software services; application software services; sales of computers, software and auxiliary equipment.
Executives
Yao Wei Executives
Zhao Yong Zhi Directors, executives
Guo Li Executives

Capitalonline Data Service Co (SZSE:300846) Headlines

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