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Xiamen Xiangyu Co (SHSE:600057) Cyclically Adjusted Book per Share : ¥5.92 (As of Mar. 2024)


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What is Xiamen Xiangyu 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.

Xiamen Xiangyu Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥10.290. 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 ¥5.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Xiamen Xiangyu Co's average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 31.10% 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 Xiamen Xiangyu Co was 49.50% per year. The lowest was -8.00% per year. And the median was 17.30% per year.

As of today (2024-06-05), Xiamen Xiangyu Co's current stock price is ¥7.60. Xiamen Xiangyu Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.92. Xiamen Xiangyu Co's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xiamen Xiangyu Co was 26.00. The lowest was 1.11. And the median was 2.39.


Xiamen Xiangyu Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xiamen Xiangyu 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.

Xiamen Xiangyu Co Cyclically Adjusted Book per Share Chart

Xiamen Xiangyu 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 2.94 3.52 4.25 4.97 5.68

Xiamen Xiangyu 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 5.13 5.28 5.51 5.68 5.92

Competitive Comparison of Xiamen Xiangyu Co's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Xiamen Xiangyu 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.


Xiamen Xiangyu Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Xiamen Xiangyu Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Xiamen Xiangyu 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, Xiamen Xiangyu 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)
=10.29/115.2271*115.2271
=10.290

Current CPI (Mar. 2024) = 115.2271.

Xiamen Xiangyu Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.463 98.200 1.717
201409 1.244 98.900 1.449
201412 2.330 99.000 2.712
201503 2.373 99.900 2.737
201506 2.444 99.500 2.830
201509 2.439 100.500 2.796
201512 3.301 100.600 3.781
201603 3.342 102.200 3.768
201606 3.380 101.400 3.841
201609 3.527 102.400 3.969
201612 3.657 102.600 4.107
201703 4.277 103.200 4.775
201706 4.829 103.100 5.397
201709 4.922 104.100 5.448
201712 5.073 104.500 5.594
201803 5.156 105.300 5.642
201806 5.189 104.900 5.700
201809 5.539 106.600 5.987
201812 5.598 106.500 6.057
201903 5.729 107.700 6.129
201906 5.951 107.700 6.367
201909 5.943 109.800 6.237
201912 6.296 111.200 6.524
202003 6.404 112.300 6.571
202006 6.292 110.400 6.567
202009 6.381 111.700 6.582
202012 6.936 111.500 7.168
202103 7.088 112.662 7.249
202106 7.138 111.769 7.359
202109 7.134 112.215 7.325
202112 7.979 113.108 8.129
202203 8.172 114.335 8.236
202206 7.559 114.558 7.603
202209 7.850 115.339 7.842
202212 7.582 115.116 7.589
202303 7.673 115.116 7.680
202306 8.492 114.558 8.542
202309 9.160 115.339 9.151
202312 9.188 114.781 9.224
202403 10.290 115.227 10.290

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


Xiamen Xiangyu Co  (SHSE:600057) 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.

Xiamen Xiangyu Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.60/5.92
=1.28

* 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 Xiamen Xiangyu Co was 26.00. The lowest was 1.11. And the median was 2.39.


Be Aware

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


Xiamen Xiangyu Co Cyclically Adjusted Book per Share Related Terms

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Xiamen Xiangyu Co (SHSE:600057) Business Description

Traded in Other Exchanges
N/A
Address
2F, Yinsheng Mansion, No.21 Xiangxing Forth Road, Free Trade Zone, Modern Logistic, Xiamen, Fujian, CHN, 361006
Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics.
Executives
Tong Xiao Qing senior management
Liao Jie senior management
Deng Qi Dong Director
Cheng Yi Liang senior management
Zhang Jun Tian senior management
Qi Wei Dong Directors, senior managers
Chen Dai Zhen senior management
Fan Cheng Yang senior management
Zhang Shui Li Director
Chen Fang Director
Xiao Jing Qin senior management
Zhang Yue Duan senior management
Gao Chen Xia senior management
Lu Jiang Supervisors
Ma Zhong Da Supervisors

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