GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Shenhua Energy Co Ltd (OTCPK:CSUAY) » Definitions » Cyclically Adjusted Book per Share

China Shenhua Energy Co (China Shenhua Energy Co) Cyclically Adjusted Book per Share : $7.30 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is China Shenhua Energy 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.

China Shenhua Energy Co's adjusted book value per share for the three months ended in Mar. 2024 was $11.920. 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 $7.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Shenhua Energy Co's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 China Shenhua Energy Co was 8.30% per year. The lowest was 3.90% per year. And the median was 6.55% per year.

As of today (2024-06-09), China Shenhua Energy Co's current stock price is $20.09. China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.30. China Shenhua Energy Co's Cyclically Adjusted PB Ratio of today is 2.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Shenhua Energy Co was 2.43. The lowest was 0.93. And the median was 1.39.


China Shenhua Energy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted Book per Share Chart

China Shenhua Energy 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 7.04 6.66 6.98 7.30 7.85

China Shenhua Energy 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 7.93 7.07 7.42 7.85 7.30

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Cyclically Adjusted PB Ratio falls into.



China Shenhua Energy 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, China Shenhua Energy 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)
=11.92/115.2271*115.2271
=11.920

Current CPI (Mar. 2024) = 115.2271.

China Shenhua Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.956 98.200 10.509
201409 9.360 98.900 10.905
201412 9.594 99.000 11.167
201503 9.606 99.900 11.080
201506 9.407 99.500 10.894
201509 9.338 100.500 10.706
201512 9.130 100.600 10.457
201603 9.209 102.200 10.383
201606 9.086 101.400 10.325
201609 9.220 102.400 10.375
201612 9.078 102.600 10.195
201703 9.499 103.200 10.606
201706 8.272 103.100 9.245
201709 8.947 104.100 9.903
201712 9.196 104.500 10.140
201803 9.985 105.300 10.926
201806 9.586 104.900 10.530
201809 9.415 106.600 10.177
201812 9.576 106.500 10.361
201903 10.209 107.700 10.923
201906 9.763 107.700 10.445
201909 9.807 109.800 10.292
201912 10.091 111.200 10.456
202003 10.369 112.300 10.639
202006 9.867 110.400 10.298
202009 10.576 111.700 10.910
202012 11.077 111.500 11.447
202103 11.508 112.662 11.770
202106 11.004 111.769 11.344
202109 11.432 112.215 11.739
202112 11.907 113.108 12.130
202203 12.597 114.335 12.695
202206 11.107 114.558 11.172
202209 11.184 115.339 11.173
202212 11.375 115.116 11.386
202303 12.136 115.116 12.148
202306 10.708 114.558 10.771
202309 10.948 115.339 10.937
202312 11.523 114.781 11.568
202403 11.920 115.227 11.920

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


China Shenhua Energy Co  (OTCPK:CSUAY) 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.

China Shenhua Energy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.09/7.3
=2.75

* 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 China Shenhua Energy Co was 2.43. The lowest was 0.93. And the median was 1.39.


Be Aware

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


China Shenhua Energy Co Cyclically Adjusted Book per Share Related Terms

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


China Shenhua Energy Co (China Shenhua Energy Co) Business Description

Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

China Shenhua Energy Co (China Shenhua Energy Co) Headlines

From GuruFocus

Loving the Unloved Coal Company

By WGWJ1980 WGWJ1980 08-15-2013