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Suofeiya Home Collection Co (SZSE:002572) Cyclically Adjusted Book per Share : ¥5.22 (As of Mar. 2024)


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What is Suofeiya Home Collection 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.

Suofeiya Home Collection Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥7.354. 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 ¥5.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Suofeiya Home Collection Co's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 Suofeiya Home Collection Co was 13.10% per year. The lowest was 12.40% per year. And the median was 12.75% per year.

As of today (2024-05-28), Suofeiya Home Collection Co's current stock price is ¥17.72. Suofeiya Home Collection Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.22. Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio of today is 3.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suofeiya Home Collection Co was 10.34. The lowest was 2.98. And the median was 5.01.


Suofeiya Home Collection Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suofeiya Home Collection 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.

Suofeiya Home Collection Co Cyclically Adjusted Book per Share Chart

Suofeiya Home Collection 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 3.21 3.58 4.15 4.65 5.08

Suofeiya Home Collection 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 4.76 4.84 4.98 5.08 5.22

Competitive Comparison of Suofeiya Home Collection Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Suofeiya Home Collection 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.


Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio falls into.



Suofeiya Home Collection 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, Suofeiya Home Collection 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)
=7.354/115.2271*115.2271
=7.354

Current CPI (Mar. 2024) = 115.2271.

Suofeiya Home Collection Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.976 98.200 2.319
201409 2.099 98.900 2.446
201412 2.201 99.000 2.562
201503 2.245 99.900 2.589
201506 2.208 99.500 2.557
201509 2.371 100.500 2.718
201512 2.613 100.600 2.993
201603 2.424 102.200 2.733
201606 2.620 101.400 2.977
201609 3.899 102.400 4.387
201612 4.211 102.600 4.729
201703 4.294 103.200 4.794
201706 4.179 103.100 4.671
201709 4.484 104.100 4.963
201712 4.842 104.500 5.339
201803 4.949 105.300 5.416
201806 4.787 104.900 5.258
201809 5.127 106.600 5.542
201812 5.233 106.500 5.662
201903 4.853 107.700 5.192
201906 5.139 107.700 5.498
201909 5.570 109.800 5.845
201912 5.967 111.200 6.183
202003 5.947 112.300 6.102
202006 5.779 110.400 6.032
202009 6.143 111.700 6.337
202012 6.711 111.500 6.935
202103 6.859 112.662 7.015
202106 6.617 111.769 6.822
202109 6.964 112.215 7.151
202112 6.182 113.108 6.298
202203 6.304 114.335 6.353
202206 6.024 114.558 6.059
202209 6.448 115.339 6.442
202212 6.338 115.116 6.344
202303 6.451 115.116 6.457
202306 6.188 114.558 6.224
202309 6.333 115.339 6.327
202312 7.285 114.781 7.313
202403 7.354 115.227 7.354

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


Suofeiya Home Collection Co  (SZSE:002572) 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.

Suofeiya Home Collection Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.72/5.22
=3.39

* 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 Suofeiya Home Collection Co was 10.34. The lowest was 2.98. And the median was 5.01.


Be Aware

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


Suofeiya Home Collection Co Cyclically Adjusted Book per Share Related Terms

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


Suofeiya Home Collection Co (SZSE:002572) Business Description

Traded in Other Exchanges
N/A
Address
Ningxi Industrial Park, Xintang Town, Zengcheng District, Guangdong Province, Guangzhou, CHN, 511358
Suofeiya Home Collection Co Ltd is a China-based company, engaged in manufacturing, development, and sale of customized wardrobes and other related furniture. It is also involved in providing other professional services such as design and installation in a timely manner.
Executives
Ke Jian Sheng Director
Pan Wen Shan Secretary, Director
Wang Biao Directors, executives
Jiang Gan Jun Director
Chen Guo Wei Executives
Chen Jian Zhong Executives
Chen Man Qi Securities Affairs Representative
Zhang Ting Executives
Chen Ming Directors, executives

Suofeiya Home Collection Co (SZSE:002572) Headlines

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