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Kuang-Chi Technologies Co (SZSE:002625) Cyclically Adjusted Book per Share : ¥3.11 (As of Mar. 2024)


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What is Kuang-Chi Technologies 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.

Kuang-Chi Technologies Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.128. 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 ¥3.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kuang-Chi Technologies Co's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Kuang-Chi Technologies Co was 15.10% per year. The lowest was 12.90% per year. And the median was 14.00% per year.

As of today (2024-05-22), Kuang-Chi Technologies Co's current stock price is ¥18.52. Kuang-Chi Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.11. Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio of today is 5.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuang-Chi Technologies Co was 15.49. The lowest was 3.70. And the median was 6.46.


Kuang-Chi Technologies Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuang-Chi Technologies 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.

Kuang-Chi Technologies Co Cyclically Adjusted Book per Share Chart

Kuang-Chi Technologies 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 1.79 2.10 2.40 2.73 3.02

Kuang-Chi Technologies 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 2.80 2.86 2.96 3.02 3.11

Competitive Comparison of Kuang-Chi Technologies Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Kuang-Chi Technologies 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.


Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio falls into.



Kuang-Chi Technologies 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, Kuang-Chi Technologies 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)
=4.128/115.2271*115.2271
=4.128

Current CPI (Mar. 2024) = 115.2271.

Kuang-Chi Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.908 98.200 1.065
201409 0.926 98.900 1.079
201412 0.926 99.000 1.078
201503 0.946 99.900 1.091
201506 0.977 99.500 1.131
201509 0.995 100.500 1.141
201512 1.035 100.600 1.185
201603 1.053 102.200 1.187
201606 1.081 101.400 1.228
201609 1.101 102.400 1.239
201612 1.179 102.600 1.324
201703 3.462 103.200 3.865
201706 3.477 103.100 3.886
201709 3.487 104.100 3.860
201712 3.493 104.500 3.852
201803 3.504 105.300 3.834
201806 3.504 104.900 3.849
201809 3.507 106.600 3.791
201812 3.525 106.500 3.814
201903 3.529 107.700 3.776
201906 3.548 107.700 3.796
201909 3.560 109.800 3.736
201912 3.578 111.200 3.708
202003 3.591 112.300 3.685
202006 3.611 110.400 3.769
202009 3.625 111.700 3.739
202012 3.654 111.500 3.776
202103 3.666 112.662 3.749
202106 3.696 111.769 3.810
202109 3.710 112.215 3.810
202112 3.784 113.108 3.855
202203 3.803 114.335 3.833
202206 3.867 114.558 3.890
202209 3.923 115.339 3.919
202212 3.823 115.116 3.827
202303 3.870 115.116 3.874
202306 3.963 114.558 3.986
202309 4.031 115.339 4.027
202312 4.094 114.781 4.110
202403 4.128 115.227 4.128

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


Kuang-Chi Technologies Co  (SZSE:002625) 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.

Kuang-Chi Technologies Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.52/3.11
=5.95

* 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 Kuang-Chi Technologies Co was 15.49. The lowest was 3.70. And the median was 6.46.


Be Aware

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


Kuang-Chi Technologies Co Cyclically Adjusted Book per Share Related Terms

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


Kuang-Chi Technologies Co (SZSE:002625) Business Description

Traded in Other Exchanges
N/A
Address
No.988, Yu Zhao Industrial Function Zone, Tonglu County, Zhejiang Province, Fuchunjiang, CHN
Kuang-Chi Technologies Co Ltd is involved in the research, manufacturing, and distribution of auto seat metal parts and components.

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