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ORG Technology Co (SZSE:002701) Cyclically Adjusted Book per Share : ¥2.66 (As of Mar. 2024)


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What is ORG Technology 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.

ORG Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.482. 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 ¥2.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ORG Technology Co's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 ORG Technology Co was 10.00% per year. The lowest was 10.00% per year. And the median was 10.00% per year.

As of today (2024-06-10), ORG Technology Co's current stock price is ¥4.43. ORG Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥2.66. ORG Technology Co's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ORG Technology Co was 3.52. The lowest was 1.45. And the median was 2.14.


ORG Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for ORG Technology 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.

ORG Technology Co Cyclically Adjusted Book per Share Chart

ORG Technology 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 - 1.96 2.23 2.44 2.61

ORG Technology 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 2.48 2.52 2.58 2.61 2.66

Competitive Comparison of ORG Technology Co's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, ORG Technology 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.


ORG Technology Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, ORG Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ORG Technology Co's Cyclically Adjusted PB Ratio falls into.



ORG Technology 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, ORG Technology 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)
=3.482/115.2271*115.2271
=3.482

Current CPI (Mar. 2024) = 115.2271.

ORG Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.443 98.200 1.693
201409 1.547 98.900 1.802
201412 1.592 99.000 1.853
201503 1.705 99.900 1.967
201506 1.657 99.500 1.919
201509 1.710 100.500 1.961
201512 1.851 100.600 2.120
201603 1.982 102.200 2.235
201606 1.928 101.400 2.191
201609 2.103 102.400 2.366
201612 2.170 102.600 2.437
201703 2.234 103.200 2.494
201706 2.341 103.100 2.616
201709 2.419 104.100 2.678
201712 2.413 104.500 2.661
201803 2.468 105.300 2.701
201806 2.389 104.900 2.624
201809 2.505 106.600 2.708
201812 2.282 106.500 2.469
201903 2.375 107.700 2.541
201906 2.489 107.700 2.663
201909 2.471 109.800 2.593
201912 2.433 111.200 2.521
202003 2.458 112.300 2.522
202006 2.577 110.400 2.690
202009 2.590 111.700 2.672
202012 2.888 111.500 2.985
202103 2.853 112.662 2.918
202106 2.929 111.769 3.020
202109 3.037 112.215 3.119
202112 3.083 113.108 3.141
202203 3.202 114.335 3.227
202206 3.132 114.558 3.150
202209 3.211 115.339 3.208
202212 3.207 115.116 3.210
202303 3.280 115.116 3.283
202306 3.280 114.558 3.299
202309 3.356 115.339 3.353
202312 3.394 114.781 3.407
202403 3.482 115.227 3.482

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


ORG Technology Co  (SZSE:002701) 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.

ORG Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.43/2.66
=1.67

* 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 ORG Technology Co was 3.52. The lowest was 1.45. And the median was 2.14.


Be Aware

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


ORG Technology Co Cyclically Adjusted Book per Share Related Terms

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


ORG Technology Co (SZSE:002701) Business Description

Traded in Other Exchanges
N/A
Address
YanQi Industrial Development Zone, Huai Rou District, Beijing, CHN, 101407
ORG Technology Co Ltd is engaged in providing internet information services. The firm engages in offering technology development, technical services, technology testing; product design; economic and trade consultation; automatic identification and identification systems development and application; development and application of visualization and cargo tracking system; development and application of intelligent management system. Geographically it operates through China however it also holds a presence in the international market.
Executives
Zhang Shao Jun Executives
Zhou Yuan Director
Zhang Liang De Executives
Shen Tao Directors, executives
Zhou Yun Jie Director
Jiang Xian Da Supervisors
Huang Zhi Feng Supervisors
Chen Yu Fei Executives
Ma Bin Yun Supervisors
Wang Dong Directors, executives
Wu Duo Quan Executives
Gao Shu Jun Executives, directors
Chen Zhong Ge Supervisors
Zhao Yu Hui Directors, executives

ORG Technology Co (SZSE:002701) Headlines

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