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Kunlun Tech Co (SZSE:300418) Cyclically Adjusted Book per Share : ¥6.30 (As of Mar. 2024)


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What is Kunlun Tech 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.

Kunlun Tech Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥12.344. 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 ¥6.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kunlun Tech Co's average Cyclically Adjusted Book Growth Rate was 16.50% 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 (2024-06-03), Kunlun Tech Co's current stock price is ¥34.98. Kunlun Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.30. Kunlun Tech Co's Cyclically Adjusted PB Ratio of today is 5.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kunlun Tech Co was 12.04. The lowest was 2.81. And the median was 6.35.


Kunlun Tech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kunlun Tech 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.

Kunlun Tech Co Cyclically Adjusted Book per Share Chart

Kunlun Tech 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 - - - 5.14 6.12

Kunlun Tech 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 5.66 5.86 6.12 6.30

Competitive Comparison of Kunlun Tech Co's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Kunlun Tech 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.


Kunlun Tech Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kunlun Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kunlun Tech 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, Kunlun Tech 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)
=12.344/115.2271*115.2271
=12.344

Current CPI (Mar. 2024) = 115.2271.

Kunlun Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.208 98.200 1.417
201409 1.170 98.900 1.363
201412 1.228 99.000 1.429
201503 2.190 99.900 2.526
201506 2.224 99.500 2.576
201509 2.204 100.500 2.527
201512 2.378 100.600 2.724
201603 2.480 102.200 2.796
201606 2.493 101.400 2.833
201609 2.732 102.400 3.074
201612 2.796 102.600 3.140
201703 3.520 103.200 3.930
201706 3.411 103.100 3.812
201709 3.573 104.100 3.955
201712 7.561 104.500 8.337
201803 6.496 105.300 7.108
201806 5.702 104.900 6.263
201809 5.100 106.600 5.513
201812 4.946 106.500 5.351
201903 5.148 107.700 5.508
201906 3.475 107.700 3.718
201909 3.853 109.800 4.043
201912 4.085 111.200 4.233
202003 4.709 112.300 4.832
202006 7.381 110.400 7.704
202009 7.704 111.700 7.947
202012 8.809 111.500 9.103
202103 8.838 112.662 9.039
202106 7.899 111.769 8.143
202109 9.079 112.215 9.323
202112 8.667 113.108 8.829
202203 8.971 114.335 9.041
202206 9.576 114.558 9.632
202209 10.156 115.339 10.146
202212 10.707 115.116 10.717
202303 10.701 115.116 10.711
202306 11.841 114.558 11.910
202309 11.789 115.339 11.778
202312 12.489 114.781 12.538
202403 12.344 115.227 12.344

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


Kunlun Tech Co  (SZSE:300418) 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.

Kunlun Tech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.98/6.3
=5.55

* 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 Kunlun Tech Co was 12.04. The lowest was 2.81. And the median was 6.35.


Be Aware

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


Kunlun Tech Co Cyclically Adjusted Book per Share Related Terms

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


Kunlun Tech Co (SZSE:300418) Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Xizongbu Hutong, Block B, Mingyang International Center, Dongcheng District, Beijing, CHN, 100005
Kunlun Tech Co Ltd engages in the development and distribution of online games in China. It also operates software application stores. The company develops and distributes web games, social games, mobile games, and software applications. Geographically the company distributes its products in domestic and overseas markets.
Executives
Zhou Ya Hui Director
Wang Li Wei Directors, executives
Fang Han Executives

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