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Wanda Film Holding Co (SZSE:002739) Cyclically Adjusted Book per Share : ¥5.44 (As of Mar. 2024)


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What is Wanda Film Holding 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.

Wanda Film Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.776. 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 ¥5.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wanda Film Holding Co's average Cyclically Adjusted Book Growth Rate was 0.60% 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.

As of today (2024-05-31), Wanda Film Holding Co's current stock price is ¥13.13. Wanda Film Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.44. Wanda Film Holding Co's Cyclically Adjusted PB Ratio of today is 2.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wanda Film Holding Co was 2.95. The lowest was 1.93. And the median was 2.48.


Wanda Film Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wanda Film Holding 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.

Wanda Film Holding Co Cyclically Adjusted Book per Share Chart

Wanda Film Holding 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 - - - 5.35 5.46

Wanda Film Holding 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 5.41 5.44 5.43 5.46 5.44

Competitive Comparison of Wanda Film Holding Co's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Wanda Film Holding 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.


Wanda Film Holding Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wanda Film Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wanda Film Holding Co's Cyclically Adjusted PB Ratio falls into.



Wanda Film Holding 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, Wanda Film Holding 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)
=3.776/115.2271*115.2271
=3.776

Current CPI (Mar. 2024) = 115.2271.

Wanda Film Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.743 98.200 2.045
201409 1.915 98.900 2.231
201412 1.999 99.000 2.327
201503 2.724 99.900 3.142
201506 2.630 99.500 3.046
201509 2.815 100.500 3.228
201512 5.172 100.600 5.924
201603 5.494 102.200 6.194
201606 5.552 101.400 6.309
201609 5.786 102.400 6.511
201612 5.897 102.600 6.623
201703 6.241 103.200 6.968
201706 6.325 103.100 7.069
201709 6.537 104.100 7.236
201712 6.626 104.500 7.306
201803 6.851 105.300 7.497
201806 7.063 104.900 7.758
201809 7.174 106.600 7.755
201812 10.518 106.500 11.380
201903 7.359 107.700 7.873
201906 9.258 107.700 9.905
201909 9.390 109.800 9.854
201912 6.656 111.200 6.897
202003 6.204 112.300 6.366
202006 5.895 110.400 6.153
202009 5.187 111.700 5.351
202012 4.076 111.500 4.212
202103 4.346 112.662 4.445
202106 4.362 111.769 4.497
202109 4.156 112.215 4.268
202112 4.002 113.108 4.077
202203 4.053 114.335 4.085
202206 3.747 114.558 3.769
202209 3.861 115.339 3.857
202212 3.257 115.116 3.260
202303 3.370 115.116 3.373
202306 3.471 114.558 3.491
202309 3.708 115.339 3.704
202312 3.685 114.781 3.699
202403 3.776 115.227 3.776

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


Wanda Film Holding Co  (SZSE:002739) 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.

Wanda Film Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.13/5.44
=2.41

* 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 Wanda Film Holding Co was 2.95. The lowest was 1.93. And the median was 2.48.


Be Aware

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


Wanda Film Holding Co Cyclically Adjusted Book per Share Related Terms

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


Wanda Film Holding Co (SZSE:002739) Business Description

Traded in Other Exchanges
N/A
Address
No. 93 Jianguo Road, Tower B, Wanda Plaza, Chaoyang District, Beijing, CHN, 100022
Wanda Film Holding Co Ltd operates and manages cinema in China. Its business activities include cinema investment, and construction of cinemas, film distribution, film screening, rental of commercial facilities, ticketing agent, graphic design and advertising. It is also engaged in the theater-related derivatives businesses, including the sale of goods and food and drinks, as well as advertising publishing.
Executives
Yin Xiang Jin Director
Huang Shuo Executives
Liu Xiao Bin Directors, executives
Wang Hui Wu Secretary, Director
Ceng Mao Jun Directors, executives
Ceng Guang Executives
Bo Yi Fei Executives
Bao Wen Executives

Wanda Film Holding Co (SZSE:002739) Headlines

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