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Youngor Fashion Co (SHSE:600177) Cyclically Adjusted Book per Share : ¥6.12 (As of Mar. 2024)


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What is Youngor Fashion 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.

Youngor Fashion Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥8.690. 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 ¥6.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Youngor Fashion Co's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Youngor Fashion Co was 24.00% per year. The lowest was 7.10% per year. And the median was 10.50% per year.

As of today (2024-05-13), Youngor Fashion Co's current stock price is ¥8.10. Youngor Fashion Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥6.12. Youngor Fashion Co's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Youngor Fashion Co was 4.35. The lowest was 1.09. And the median was 1.52.


Youngor Fashion Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Youngor Fashion 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.

Youngor Fashion Co Cyclically Adjusted Book per Share Chart

Youngor Fashion 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 4.42 4.64 5.02 5.54 6.00

Youngor Fashion 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 5.66 5.76 5.91 6.00 6.12

Competitive Comparison of Youngor Fashion Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Youngor Fashion 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.


Youngor Fashion Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Youngor Fashion Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Youngor Fashion 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, Youngor Fashion 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)
=8.69/114.6694*114.6694
=8.690

Current CPI (Mar. 2024) = 114.6694.

Youngor Fashion Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.208 98.200 3.746
201409 3.319 98.900 3.848
201412 3.787 99.000 4.386
201503 4.257 99.900 4.886
201506 4.345 99.500 5.007
201509 4.375 100.500 4.992
201512 4.618 100.600 5.264
201603 4.005 102.200 4.494
201606 4.529 101.400 5.122
201609 4.521 102.400 5.063
201612 4.529 102.600 5.062
201703 4.597 103.200 5.108
201706 4.661 103.100 5.184
201709 4.721 104.100 5.200
201712 4.861 104.500 5.334
201803 4.950 105.300 5.390
201806 4.853 104.900 5.305
201809 5.166 106.600 5.557
201812 5.676 106.500 6.111
201903 5.807 107.700 6.183
201906 5.566 107.700 5.926
201909 5.377 109.800 5.615
201912 5.559 111.200 5.732
202003 5.728 112.300 5.849
202006 5.847 110.400 6.073
202009 6.000 111.700 6.160
202012 6.165 111.500 6.340
202103 6.530 112.662 6.646
202106 6.418 111.769 6.585
202109 6.944 112.215 7.096
202112 7.345 113.108 7.446
202203 7.890 114.335 7.913
202206 7.703 114.558 7.711
202209 7.907 115.339 7.861
202212 8.192 115.116 8.160
202303 8.540 115.116 8.507
202306 8.484 114.558 8.492
202309 8.149 115.339 8.102
202312 8.472 114.669 8.472
202403 8.690 114.669 8.690

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


Youngor Fashion Co  (SHSE:600177) 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.

Youngor Fashion Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.10/6.12
=1.32

* 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 Youngor Fashion Co was 4.35. The lowest was 1.09. And the median was 1.52.


Be Aware

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


Youngor Fashion Co Cyclically Adjusted Book per Share Related Terms

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


Youngor Fashion Co (SHSE:600177) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, West Section of Jingxian Avenue, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315153
Youngor Fashion Co Ltd is a China-based company is engaged in the development of textiles and apparels. The company's brands are YOUNGOR, MAYOR, Hart Schaffner Marx, and HAMP. In addition, the company is also involved in the real estate development business and financial investment business.

Youngor Fashion Co (SHSE:600177) Headlines

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