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Chailease Holding Co (LUX:CLHRS) Cyclically Adjusted Book per Share : $8.87 (As of Mar. 2024)


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What is Chailease Holding 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.

Chailease Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was $15.431. 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 $8.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chailease Holding Co's average Cyclically Adjusted Book Growth Rate was 17.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.50% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Chailease Holding Co was 21.50% per year. The lowest was 20.20% per year. And the median was 20.85% per year.

As of today (2024-06-09), Chailease Holding Co's current stock price is $23.60. Chailease Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.87. Chailease Holding Co's Cyclically Adjusted PB Ratio of today is 2.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chailease Holding Co was 7.41. The lowest was 2.64. And the median was 4.49.


Chailease Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chailease Holding 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.

Chailease Holding Co Cyclically Adjusted Book per Share Chart

Chailease Holding 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 4.40 5.39 6.68 7.49 8.82

Chailease Holding 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 8.13 8.15 8.82 8.87

Competitive Comparison of Chailease Holding Co's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Chailease Holding 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.


Chailease Holding Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chailease Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chailease Holding 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, Chailease Holding 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)
=15.431/131.7762*131.7762
=15.431

Current CPI (Mar. 2024) = 131.7762.

Chailease Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.504 100.560 4.592
201409 3.776 100.428 4.955
201412 3.912 99.070 5.203
201503 4.074 99.621 5.389
201506 3.944 100.684 5.162
201509 4.022 100.392 5.279
201512 4.127 99.792 5.450
201603 4.313 100.470 5.657
201606 4.070 101.688 5.274
201609 4.293 101.861 5.554
201612 4.388 101.863 5.677
201703 4.705 102.862 6.028
201706 4.596 103.349 5.860
201709 4.949 104.136 6.263
201712 5.766 104.011 7.305
201803 6.245 105.290 7.816
201806 5.933 106.317 7.354
201809 6.062 106.507 7.500
201812 6.401 105.998 7.958
201903 6.828 107.251 8.389
201906 6.561 108.070 8.000
201909 6.876 108.329 8.364
201912 7.421 108.420 9.020
202003 7.738 108.902 9.363
202006 7.625 108.767 9.238
202009 9.801 109.815 11.761
202012 10.728 109.897 12.864
202103 11.234 111.754 13.247
202106 11.169 114.631 12.839
202109 11.830 115.734 13.470
202112 12.543 117.630 14.051
202203 13.338 121.301 14.490
202206 12.455 125.017 13.128
202209 13.354 125.227 14.052
202212 14.126 125.222 14.865
202303 14.874 127.348 15.391
202306 14.080 128.729 14.413
202309 14.399 129.860 14.612
202312 15.108 129.419 15.383
202403 15.431 131.776 15.431

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


Chailease Holding Co  (LUX:CLHRS) 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.

Chailease Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.60/8.87
=2.66

* 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 Chailease Holding Co was 7.41. The lowest was 2.64. And the median was 4.49.


Be Aware

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


Chailease Holding Co Cyclically Adjusted Book per Share Related Terms

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


Chailease Holding Co (LUX:CLHRS) Business Description

Traded in Other Exchanges
Address
No. 362, Ruiguang Road, Neihu District, Taipei, TWN
Chailease Holding Co Ltd provides various forms of financing and primarily operates in Taiwan and mainland China. The company also has a presence in the Western United States. Its main products and services include leasing, instalment sales, import/export financing, and direct financing to corporations and small and medium-sized enterprises. The company began operations by primarily providing asset-backed financing to companies in heavy industries to help with their property, plant, and equipment needs. The majority of the company's revenue is interest income. Geographically, the company's revenue is split nearly evenly between Taiwan, China, and ASEAN regions.

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