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Vanfund Urban Investment and Development Co (SZSE:000638) Cyclically Adjusted Book per Share : ¥0.65 (As of Mar. 2024)


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What is Vanfund Urban Investment and Development 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.

Vanfund Urban Investment and Development Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥0.528. 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 ¥0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vanfund Urban Investment and Development Co's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.90% 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 Vanfund Urban Investment and Development Co was 63.60% per year. The lowest was -15.30% per year. And the median was 3.20% per year.

As of today (2024-06-10), Vanfund Urban Investment and Development Co's current stock price is ¥3.63. Vanfund Urban Investment and Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥0.65. Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio of today is 5.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vanfund Urban Investment and Development Co was 431.75. The lowest was 5.31. And the median was 9.03.


Vanfund Urban Investment and Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vanfund Urban Investment and Development 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.

Vanfund Urban Investment and Development Co Cyclically Adjusted Book per Share Chart

Vanfund Urban Investment and Development 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 0.74 0.72 0.69 0.68 0.65

Vanfund Urban Investment and Development 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 0.67 0.66 0.66 0.65 0.65

Competitive Comparison of Vanfund Urban Investment and Development Co's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, Vanfund Urban Investment and Development 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.


Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio falls into.



Vanfund Urban Investment and Development 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, Vanfund Urban Investment and Development 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)
=0.528/115.2271*115.2271
=0.528

Current CPI (Mar. 2024) = 115.2271.

Vanfund Urban Investment and Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.740 98.200 0.868
201409 0.725 98.900 0.845
201412 0.752 99.000 0.875
201503 0.744 99.900 0.858
201506 0.729 99.500 0.844
201509 0.727 100.500 0.834
201512 0.667 100.600 0.764
201603 0.705 102.200 0.795
201606 0.692 101.400 0.786
201609 0.708 102.400 0.797
201612 0.714 102.600 0.802
201703 0.702 103.200 0.784
201706 0.731 103.100 0.817
201709 0.795 104.100 0.880
201712 0.852 104.500 0.939
201803 0.826 105.300 0.904
201806 0.798 104.900 0.877
201809 0.796 106.600 0.860
201812 0.393 106.500 0.425
201903 0.439 107.700 0.470
201906 0.431 107.700 0.461
201909 0.451 109.800 0.473
201912 0.420 111.200 0.435
202003 0.467 112.300 0.479
202006 0.450 110.400 0.470
202009 0.448 111.700 0.462
202012 0.354 111.500 0.366
202103 0.406 112.662 0.415
202106 0.386 111.769 0.398
202109 0.370 112.215 0.380
202112 0.566 113.108 0.577
202203 0.514 114.335 0.518
202206 0.510 114.558 0.513
202209 0.514 115.339 0.514
202212 0.585 115.116 0.586
202303 0.574 115.116 0.575
202306 0.558 114.558 0.561
202309 0.567 115.339 0.566
202312 0.531 114.781 0.533
202403 0.528 115.227 0.528

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


Vanfund Urban Investment and Development Co  (SZSE:000638) 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.

Vanfund Urban Investment and Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.63/0.65
=5.58

* 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 Vanfund Urban Investment and Development Co was 431.75. The lowest was 5.31. And the median was 9.03.


Be Aware

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


Vanfund Urban Investment and Development Co Cyclically Adjusted Book per Share Related Terms

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


Vanfund Urban Investment and Development Co (SZSE:000638) Business Description

Traded in Other Exchanges
N/A
Address
No. 126 Zhonghua Road, Heping District, Liaoning Province, Shenyang, CHN, 100028
Vanfund Urban Investment and Development Co Ltd is engaged in medical information software development and sales business. The company provides health information solutions to improve people's medical experience and health.
Executives
Liu Ge Lin Directors, executives
Liu Yu Director
Yang Ke Ning Supervisors
Chen Bei Guo Executives

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