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Weibo (BSP:W1BO34) Cyclically Adjusted Book per Share : R$11.17 (As of Mar. 2024)


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What is Weibo 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.

Weibo's adjusted book value per share for the three months ended in Mar. 2024 was R$65.674. 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 R$11.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Weibo's average Cyclically Adjusted Book Growth Rate was 13.20% 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 (2024-06-11), Weibo's current stock price is R$11.31. Weibo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$11.17. Weibo's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Weibo was 3.44. The lowest was 0.86. And the median was 1.79.


Weibo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Weibo'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.

Weibo Cyclically Adjusted Book per Share Chart

Weibo 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 - - - 10.15 10.22

Weibo 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 10.02 9.74 10.46 10.22 11.17

Competitive Comparison of Weibo's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Weibo'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.


Weibo's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Weibo 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, Weibo'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)
=65.674/115.2271*115.2271
=65.674

Current CPI (Mar. 2024) = 115.2271.

Weibo Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.232 98.200 7.313
201409 6.394 98.900 7.450
201412 7.254 99.000 8.443
201503 8.791 99.900 10.140
201506 8.980 99.500 10.399
201509 10.971 100.500 12.579
201512 11.352 100.600 13.003
201603 11.161 102.200 12.584
201606 10.723 101.400 12.185
201609 10.541 102.400 11.861
201612 11.585 102.600 13.011
201703 11.687 103.200 13.049
201706 13.532 103.100 15.124
201709 14.842 104.100 16.428
201712 17.645 104.500 19.456
201803 19.555 105.300 21.399
201806 24.231 104.900 26.616
201809 28.798 106.600 31.129
201812 30.148 106.500 32.618
201903 33.156 107.700 35.473
201906 34.703 107.700 37.128
201909 38.680 109.800 40.592
201912 41.411 111.200 42.911
202003 49.903 112.300 51.204
202006 58.038 110.400 60.576
202009 63.409 111.700 65.411
202012 63.548 111.500 65.672
202103 70.989 112.662 72.606
202106 66.069 111.769 68.113
202109 74.359 112.215 76.355
202112 85.912 113.108 87.522
202203 74.984 114.335 75.569
202206 73.436 114.558 73.865
202209 71.982 115.339 71.912
202212 74.592 115.116 74.664
202303 75.425 115.116 75.498
202306 64.454 114.558 64.831
202309 67.044 115.339 66.979
202312 68.641 114.781 68.908
202403 65.674 115.227 65.674

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


Weibo  (BSP:W1BO34) 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.

Weibo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.31/11.17
=1.01

* 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 Weibo was 3.44. The lowest was 0.86. And the median was 1.79.


Be Aware

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


Weibo Cyclically Adjusted Book per Share Related Terms

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


Weibo (BSP:W1BO34) Business Description

Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

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