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Cofco Sugar Holding Co (SHSE:600737) Cyclically Adjusted Book per Share : ¥4.10 (As of Mar. 2024)


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What is Cofco Sugar 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.

Cofco Sugar Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥5.448. 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 ¥4.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cofco Sugar Holding Co's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Cofco Sugar Holding Co was 16.80% per year. The lowest was 3.00% per year. And the median was 7.70% per year.

As of today (2024-06-07), Cofco Sugar Holding Co's current stock price is ¥10.76. Cofco Sugar Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.10. Cofco Sugar Holding Co's Cyclically Adjusted PB Ratio of today is 2.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cofco Sugar Holding Co was 9.92. The lowest was 1.74. And the median was 2.57.


Cofco Sugar Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cofco Sugar 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.

Cofco Sugar Holding Co Cyclically Adjusted Book per Share Chart

Cofco Sugar 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 3.44 3.46 3.62 3.83 4.04

Cofco Sugar 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 3.92 3.93 4.01 4.04 4.10

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

For the Packaged Foods subindustry, Cofco Sugar 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.


Cofco Sugar Holding Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cofco Sugar Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cofco Sugar 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, Cofco Sugar 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)
=5.448/115.2271*115.2271
=5.448

Current CPI (Mar. 2024) = 115.2271.

Cofco Sugar Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.925 98.200 3.432
201409 2.934 98.900 3.418
201412 2.892 99.000 3.366
201503 2.668 99.900 3.077
201506 2.723 99.500 3.153
201509 2.844 100.500 3.261
201512 2.892 100.600 3.312
201603 3.012 102.200 3.396
201606 2.891 101.400 3.285
201609 3.127 102.400 3.519
201612 3.242 102.600 3.641
201703 3.343 103.200 3.733
201706 3.337 103.100 3.730
201709 3.373 104.100 3.734
201712 3.500 104.500 3.859
201803 3.619 105.300 3.960
201806 3.570 104.900 3.921
201809 3.754 106.600 4.058
201812 3.574 106.500 3.867
201903 3.726 107.700 3.986
201906 3.740 107.700 4.001
201909 3.729 109.800 3.913
201912 3.772 111.200 3.909
202003 3.693 112.300 3.789
202006 3.941 110.400 4.113
202009 4.048 111.700 4.176
202012 4.210 111.500 4.351
202103 4.395 112.662 4.495
202106 4.590 111.769 4.732
202109 4.844 112.215 4.974
202112 4.684 113.108 4.772
202203 4.823 114.335 4.861
202206 4.896 114.558 4.925
202209 4.975 115.339 4.970
202212 4.986 115.116 4.991
202303 4.704 115.116 4.709
202306 4.664 114.558 4.691
202309 5.193 115.339 5.188
202312 5.425 114.781 5.446
202403 5.448 115.227 5.448

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


Cofco Sugar Holding Co  (SHSE:600737) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.76/4.1
=2.62

* 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 Cofco Sugar Holding Co was 9.92. The lowest was 1.74. And the median was 2.57.


Be Aware

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


Cofco Sugar Holding Co Cyclically Adjusted Book per Share Related Terms

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


Cofco Sugar Holding Co (SHSE:600737) Business Description

Traded in Other Exchanges
N/A
Address
Xinjiang Uygur Autonomous Region, W101, 1st Floor, Building 54, Yutang Village, Daxiqu Town District, Changji Prefecture, Changji, CHN, 830000
Cofco Sugar Holding Co Ltd is engaged in sugar business and tomato processing business. The company also takes care of sugar imports, port sugar refining, and sugar storage and logistics. Some of the company's products are raw sugar, white sugar, organic white granulated sugar, refined sugar, brown sugar, molasses, beet ordinary granules, and plus honey granules.
Executives
Li Feng Chun senior management
Yu Tian Chi senior management
Yang Hong senior management

Cofco Sugar Holding Co (SHSE:600737) Headlines

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