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Baidu (BUE:BIDU) Cyclically Adjusted Book per Share : ARS0.00 (As of Mar. 2024)


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What is Baidu Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Baidu's adjusted book value per share for the three months ended in Mar. 2024 was ARS10,343.049. 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 ARS0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Baidu's average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 32.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Baidu was 46.70% per year. The lowest was 17.80% per year. And the median was 33.25% per year.

As of today (2024-05-17), Baidu's current stock price is ARS11207.00. Baidu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS0.00. Baidu's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Baidu was 46.59. The lowest was 1.40. And the median was 8.15.


Baidu Cyclically Adjusted Book per Share Historical Data

The historical data trend for Baidu'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.

Baidu Cyclically Adjusted Book per Share Chart

Baidu 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 - 521.49 919.71 1,790.37 5,809.11

Baidu 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 2,211.83 2,863.73 4,780.35 5,809.11 -

Competitive Comparison of Baidu's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Baidu'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.


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

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

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



Baidu 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, Baidu'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)
=10343.049/115.2271*115.2271
=10,343.049

Current CPI (Mar. 2024) = 115.2271.

Baidu Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.649 98.200 24.229
201409 23.697 98.900 27.609
201412 25.127 99.000 29.246
201503 27.451 99.900 31.663
201506 31.320 99.500 36.270
201509 29.969 100.500 34.361
201512 58.179 100.600 66.638
201603 66.720 102.200 75.225
201606 64.993 101.400 73.856
201609 71.119 102.400 80.028
201612 76.090 102.600 85.454
201703 75.844 103.200 84.683
201706 86.151 103.100 96.284
201709 104.683 104.100 115.872
201712 119.937 104.500 132.249
201803 142.337 105.300 155.756
201806 205.328 104.900 225.542
201809 307.420 106.600 332.299
201812 319.256 106.500 345.417
201903 340.747 107.700 364.562
201906 384.994 107.700 411.901
201909 448.390 109.800 470.553
201912 503.955 111.200 522.206
202003 522.794 112.300 536.421
202006 582.846 110.400 608.330
202009 704.273 111.700 726.512
202012 848.636 111.500 877.003
202103 1,143.710 112.662 1,169.755
202106 1,212.079 111.769 1,249.578
202109 1,158.074 112.215 1,189.155
202112 1,212.894 113.108 1,235.621
202203 1,298.883 114.335 1,309.021
202206 1,411.547 114.558 1,419.794
202209 1,537.642 115.339 1,536.154
202212 1,921.635 115.116 1,923.496
202303 2,358.577 115.116 2,360.861
202306 2,823.641 114.558 2,840.138
202309 4,144.067 115.339 4,140.057
202312 4,390.947 114.781 4,408.016
202403 10,343.049 115.227 10,343.049

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


Baidu  (BUE:BIDU) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Baidu was 46.59. The lowest was 1.40. And the median was 8.15.


Be Aware

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


Baidu Cyclically Adjusted Book per Share Related Terms

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


Baidu (BUE:BIDU) Business Description

Industry
Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.