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Haier Smart Home Co (Haier Smart Home Co) Cyclically Adjusted Book per Share : $3.55 (As of Mar. 2024)


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What is Haier Smart Home 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.

Haier Smart Home Co's adjusted book value per share for the three months ended in Mar. 2024 was $6.500. 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 $3.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Haier Smart Home Co's average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.10% 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 Haier Smart Home Co was 18.30% per year. The lowest was 7.60% per year. And the median was 14.20% per year.

As of today (2024-06-05), Haier Smart Home Co's current stock price is $15.05. Haier Smart Home Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.55. Haier Smart Home Co's Cyclically Adjusted PB Ratio of today is 4.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haier Smart Home Co was 8.33. The lowest was 3.00. And the median was 4.70.


Haier Smart Home Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Haier Smart Home 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.

Haier Smart Home Co Cyclically Adjusted Book per Share Chart

Haier Smart Home 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 - - 3.04 3.40 3.70

Haier Smart Home 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 3.46 3.48 3.55 3.70 3.55

Competitive Comparison of Haier Smart Home Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.


Haier Smart Home Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Cyclically Adjusted PB Ratio falls into.



Haier Smart Home 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, Haier Smart Home 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)
=6.5/115.2271*115.2271
=6.500

Current CPI (Mar. 2024) = 115.2271.

Haier Smart Home Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.931 98.200 2.266
201409 2.296 98.900 2.675
201412 2.611 99.000 3.039
201503 2.404 99.900 2.773
201506 2.637 99.500 3.054
201509 2.504 100.500 2.871
201512 2.303 100.600 2.638
201603 2.399 102.200 2.705
201606 2.537 101.400 2.883
201609 2.465 102.400 2.774
201612 2.506 102.600 2.814
201703 2.695 103.200 3.009
201706 2.828 103.100 3.161
201709 3.016 104.100 3.338
201712 3.312 104.500 3.652
201803 3.518 105.300 3.850
201806 3.579 104.900 3.931
201809 3.414 106.600 3.690
201812 3.787 106.500 4.097
201903 4.015 107.700 4.296
201906 4.012 107.700 4.292
201909 4.139 109.800 4.344
201912 4.329 111.200 4.486
202003 4.394 112.300 4.509
202006 4.327 110.400 4.516
202009 3.383 111.700 3.490
202012 4.669 111.500 4.825
202103 5.076 112.662 5.192
202106 5.040 111.769 5.196
202109 5.278 112.215 5.420
202112 5.503 113.108 5.606
202203 5.777 114.335 5.822
202206 5.616 114.558 5.649
202209 5.694 115.339 5.688
202212 5.844 115.116 5.850
202303 6.132 115.116 6.138
202306 5.891 114.558 5.925
202309 5.998 115.339 5.992
202312 6.326 114.781 6.351
202403 6.500 115.227 6.500

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


Haier Smart Home Co  (OTCPK:HSHCY) 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.

Haier Smart Home Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.05/3.55
=4.24

* 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 Haier Smart Home Co was 8.33. The lowest was 3.00. And the median was 4.70.


Be Aware

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


Haier Smart Home Co Cyclically Adjusted Book per Share Related Terms

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


Haier Smart Home Co (Haier Smart Home Co) Business Description

Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Haier Smart Home Co Ltd manufactures and distributes household electrical appliances. It offers products such as refrigerators, air conditioners, washing machine, microwave ovens, smoke exhausters, gas stoves, dishwashers, electrical water heaters and others under the brand name Haier, Casarte, Leader, AQUA and Fisher & Paykel. The company has three business segments namely China smart home business: Overseas home appliance and smart home business segment Other business segments. The products of the group are traded in mainland China and in other overseas markets including Hong Kong, Macau, and Taiwan.

Haier Smart Home Co (Haier Smart Home Co) Headlines