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Wuhan Tianyu Information Industry Co (SZSE:300205) Cyclically Adjusted Book per Share : ¥3.20 (As of Mar. 2024)


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What is Wuhan Tianyu Information Industry 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.

Wuhan Tianyu Information Industry Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥3.452. 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 ¥3.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wuhan Tianyu Information Industry Co's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Wuhan Tianyu Information Industry Co was 4.60% per year. The lowest was 3.20% per year. And the median was 3.90% per year.

As of today (2024-06-01), Wuhan Tianyu Information Industry Co's current stock price is ¥7.00. Wuhan Tianyu Information Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.20. Wuhan Tianyu Information Industry Co's Cyclically Adjusted PB Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wuhan Tianyu Information Industry Co was 6.31. The lowest was 1.51. And the median was 4.14.


Wuhan Tianyu Information Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wuhan Tianyu Information Industry 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.

Wuhan Tianyu Information Industry Co Cyclically Adjusted Book per Share Chart

Wuhan Tianyu Information Industry 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 2.73 2.88 3.01 3.12 3.17

Wuhan Tianyu Information Industry 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 3.14 3.14 3.17 3.17 3.20

Competitive Comparison of Wuhan Tianyu Information Industry Co's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Wuhan Tianyu Information Industry 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.


Wuhan Tianyu Information Industry Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Tianyu Information Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wuhan Tianyu Information Industry Co's Cyclically Adjusted PB Ratio falls into.



Wuhan Tianyu Information Industry 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, Wuhan Tianyu Information Industry 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)
=3.452/115.2271*115.2271
=3.452

Current CPI (Mar. 2024) = 115.2271.

Wuhan Tianyu Information Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.556 98.200 2.999
201409 2.548 98.900 2.969
201412 2.581 99.000 3.004
201503 2.603 99.900 3.002
201506 2.578 99.500 2.985
201509 2.579 100.500 2.957
201512 2.585 100.600 2.961
201603 2.600 102.200 2.931
201606 2.615 101.400 2.972
201609 2.606 102.400 2.932
201612 2.578 102.600 2.895
201703 2.590 103.200 2.892
201706 2.724 103.100 3.044
201709 2.760 104.100 3.055
201712 2.852 104.500 3.145
201803 2.869 105.300 3.139
201806 2.928 104.900 3.216
201809 2.950 106.600 3.189
201812 2.979 106.500 3.223
201903 3.135 107.700 3.354
201906 3.096 107.700 3.312
201909 3.299 109.800 3.462
201912 3.324 111.200 3.444
202003 3.218 112.300 3.302
202006 3.250 110.400 3.392
202009 3.125 111.700 3.224
202012 3.087 111.500 3.190
202103 3.055 112.662 3.125
202106 3.056 111.769 3.151
202109 3.030 112.215 3.111
202112 3.254 113.108 3.315
202203 3.256 114.335 3.281
202206 3.283 114.558 3.302
202209 3.458 115.339 3.455
202212 3.459 115.116 3.462
202303 3.501 115.116 3.504
202306 3.483 114.558 3.503
202309 3.495 115.339 3.492
202312 3.441 114.781 3.454
202403 3.452 115.227 3.452

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


Wuhan Tianyu Information Industry Co  (SZSE:300205) 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.

Wuhan Tianyu Information Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.00/3.2
=2.19

* 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 Wuhan Tianyu Information Industry Co was 6.31. The lowest was 1.51. And the median was 4.14.


Be Aware

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


Wuhan Tianyu Information Industry Co Cyclically Adjusted Book per Share Related Terms

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


Wuhan Tianyu Information Industry Co (SZSE:300205) Business Description

Traded in Other Exchanges
N/A
Address
Tianyu Building, Huazhong University of Science and Technology Industry Park, East Lake Zone, Wuhan City, Hubei Province, CHN, 430223
Wuhan Tianyu Information Industry Co Ltd is engaged in the manufacture and distribution of smart cards and its related terminals and application systems in China. Its card products mainly include financial IC card, financial social security card, resident health card, an intelligent communication card, intelligent traffic card, eSE mode, networking card; Terminal products include mPOS, smart POS, mobile credit card equipment, tax control disk, and smart wearable device.
Executives
Sun Jing Executives
Wang Yi Ming Executives
Xiang Wen Directors, executives
Jiang Sui Directors, executives
Zhang Xin Fang Director
Liu Chun Executives
Wang Tong Yang Executives

Wuhan Tianyu Information Industry Co (SZSE:300205) Headlines

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