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Tiand Di Science & Technology Co (SHSE:600582) Cyclically Adjusted Book per Share : ¥4.42 (As of Dec. 2024)


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What is Tiand Di Science & 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.

Tiand Di Science & Technology Co's adjusted book value per share for the three months ended in Dec. 2024 was ¥5.903. 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 ¥4.42 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tiand Di Science & Technology Co's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Tiand Di Science & Technology Co was 29.50% per year. The lowest was 6.30% per year. And the median was 15.20% per year.

As of today (2025-04-06), Tiand Di Science & Technology Co's current stock price is ¥6.41. Tiand Di Science & Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ¥4.42. Tiand Di Science & Technology Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tiand Di Science & Technology Co was 8.44. The lowest was 0.82. And the median was 1.38.


Tiand Di Science & Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tiand Di Science & 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.

Tiand Di Science & Technology Co Cyclically Adjusted Book per Share Chart

Tiand Di Science & Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.37 3.68 3.99 4.20 4.42

Tiand Di Science & Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.20 4.29 4.34 4.45 4.42

Competitive Comparison of Tiand Di Science & Technology Co's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Tiand Di Science & 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.


Tiand Di Science & Technology Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tiand Di Science & Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tiand Di Science & Technology Co's Cyclically Adjusted PB Ratio falls into.


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Tiand Di Science & 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, Tiand Di Science & Technology Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.903/114.8925*114.8925
=5.903

Current CPI (Dec. 2024) = 114.8925.

Tiand Di Science & Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.081 99.900 3.543
201506 3.138 99.500 3.623
201509 3.177 100.500 3.632
201512 3.213 100.600 3.669
201603 3.219 102.200 3.619
201606 3.252 101.400 3.685
201609 3.271 102.400 3.670
201612 3.387 102.600 3.793
201703 3.390 103.200 3.774
201706 3.437 103.100 3.830
201709 3.468 104.100 3.828
201712 3.616 104.500 3.976
201803 3.632 105.300 3.963
201806 3.697 104.900 4.049
201809 3.762 106.600 4.055
201812 3.805 106.500 4.105
201903 3.825 107.700 4.080
201906 3.896 107.700 4.156
201909 3.956 109.800 4.139
201912 4.101 111.200 4.237
202003 4.155 112.300 4.251
202006 4.176 110.400 4.346
202009 4.250 111.700 4.371
202012 4.349 111.500 4.481
202103 4.420 112.662 4.508
202106 4.414 111.769 4.537
202109 4.509 112.215 4.617
202112 4.591 113.108 4.663
202203 4.702 114.335 4.725
202206 4.720 114.558 4.734
202209 4.829 115.339 4.810
202212 4.923 115.116 4.913
202303 5.078 115.116 5.068
202306 5.320 114.558 5.336
202309 5.461 115.339 5.440
202312 5.543 114.781 5.548
202403 5.719 115.227 5.702
202406 5.647 114.781 5.652
202409 5.799 115.785 5.754
202412 5.903 114.893 5.903

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


Tiand Di Science & Technology Co  (SHSE:600582) 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.

Tiand Di Science & Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.41/4.42
=1.45

* 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 Tiand Di Science & Technology Co was 8.44. The lowest was 0.82. And the median was 1.38.


Be Aware

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


Tiand Di Science & Technology Co Cyclically Adjusted Book per Share Related Terms

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


Tiand Di Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Qing Nian Gou Road, He Ping Avenue, Chaoyang District, Beijing, CHN, 100013
Tiand Di Science & Technology Co Ltd is a China-based company. The company's main business includes mine production process automation, mechanization, information equipment development, manufacturing, and system integration; coal washing equipment development and manufacturing and general contracting of the coal preparation plant.
Executives
Min Yong Supervisors
Wang En Peng Supervisors
Wei Yong Gang senior management
Huang Le Ting senior management
Ning Yu Director
Song Jia Xing senior management
Wang Hong Director
Wang Jin Hua Director
Fan Bao Ying Director
Li Yu Kui Supervisors
Xiao Bao Gui senior management
Fan Jian senior management
Yan Shao Hong senior management
Wu De Zheng Director
Tang Bao Guo Supervisors

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