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Shenzhen Tellus Holding Co (SZSE:000025) Cyclically Adjusted Book per Share : ¥2.72 (As of Mar. 2024)


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What is Shenzhen Tellus 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.

Shenzhen Tellus Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.803. 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 ¥2.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenzhen Tellus Holding Co's average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.30% 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 Shenzhen Tellus Holding Co was 19.10% per year. The lowest was -9.70% per year. And the median was 10.30% per year.

As of today (2024-05-23), Shenzhen Tellus Holding Co's current stock price is ¥14.63. Shenzhen Tellus Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.72. Shenzhen Tellus Holding Co's Cyclically Adjusted PB Ratio of today is 5.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shenzhen Tellus Holding Co was 89.30. The lowest was 5.22. And the median was 12.29.


Shenzhen Tellus Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shenzhen Tellus 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.

Shenzhen Tellus Holding Co Cyclically Adjusted Book per Share Chart

Shenzhen Tellus 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 1.52 1.76 2.03 2.35 2.63

Shenzhen Tellus 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 2.42 2.48 2.57 2.63 2.72

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

For the Auto & Truck Dealerships subindustry, Shenzhen Tellus 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.


Shenzhen Tellus Holding Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shenzhen Tellus Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shenzhen Tellus 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, Shenzhen Tellus 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)
=3.803/115.2271*115.2271
=3.803

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Tellus Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.616 98.200 0.723
201409 0.581 98.900 0.677
201412 0.601 99.000 0.700
201503 1.917 99.900 2.211
201506 1.933 99.500 2.239
201509 1.958 100.500 2.245
201512 2.014 100.600 2.307
201603 2.028 102.200 2.287
201606 2.055 101.400 2.335
201609 2.075 102.400 2.335
201612 2.077 102.600 2.333
201703 2.088 103.200 2.331
201706 2.137 103.100 2.388
201709 2.174 104.100 2.406
201712 2.235 104.500 2.464
201803 2.272 105.300 2.486
201806 2.297 104.900 2.523
201809 2.318 106.600 2.506
201812 2.436 106.500 2.636
201903 2.478 107.700 2.651
201906 2.540 107.700 2.718
201909 2.585 109.800 2.713
201912 2.948 111.200 3.055
202003 2.961 112.300 3.038
202006 2.966 110.400 3.096
202009 2.998 111.700 3.093
202012 3.040 111.500 3.142
202103 3.091 112.662 3.161
202106 3.124 111.769 3.221
202109 3.183 112.215 3.268
202112 3.324 113.108 3.386
202203 3.403 114.335 3.430
202206 3.400 114.558 3.420
202209 3.443 115.339 3.440
202212 3.493 115.116 3.496
202303 3.552 115.116 3.555
202306 3.567 114.558 3.588
202309 3.636 115.339 3.632
202312 3.721 114.781 3.735
202403 3.803 115.227 3.803

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


Shenzhen Tellus Holding Co  (SZSE:000025) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.63/2.72
=5.38

* 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 Shenzhen Tellus Holding Co was 89.30. The lowest was 5.22. And the median was 12.29.


Be Aware

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


Shenzhen Tellus Holding Co Cyclically Adjusted Book per Share Related Terms

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


Shenzhen Tellus Holding Co (SZSE:000025) Business Description

Traded in Other Exchanges
Address
No.56 Shui Bei Er Road, 3rd and 4th Floor, Tellus Building, Luohu District, Guangdong Province, Shenzhen, CHN, 518020
Shenzhen Tellus Holding Co Ltd is an automobile sales company. The company's operating segment includes Auto sales; Vehicle maintenance and inspection; Leasing and service and Sales and service of jewelry. It generates maximum revenue from the Auto sales segment.

Shenzhen Tellus Holding Co (SZSE:000025) Headlines

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