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B-Soft Co (SZSE:300451) Cyclically Adjusted Book per Share : ¥1.91 (As of Mar. 2024)


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What is B-Soft 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.

B-Soft Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥2.986. 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 ¥1.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, B-Soft Co's average Cyclically Adjusted Book Growth Rate was 15.10% 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.

As of today (2024-06-06), B-Soft Co's current stock price is ¥3.69. B-Soft Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.91. B-Soft Co's Cyclically Adjusted PB Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of B-Soft Co was 6.96. The lowest was 1.97. And the median was 3.87.


B-Soft Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for B-Soft 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.

B-Soft Co Cyclically Adjusted Book per Share Chart

B-Soft 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 - - - - 1.87

B-Soft 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 1.66 1.73 1.81 1.87 1.91

Competitive Comparison of B-Soft Co's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, B-Soft 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.


B-Soft Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, B-Soft Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B-Soft Co's Cyclically Adjusted PB Ratio falls into.



B-Soft 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, B-Soft 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)
=2.986/115.2271*115.2271
=2.986

Current CPI (Mar. 2024) = 115.2271.

B-Soft Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 0.384 99.000 0.447
201503 0.290 99.900 0.334
201506 0.463 99.500 0.536
201509 0.459 100.500 0.526
201512 0.487 100.600 0.558
201603 0.497 102.200 0.560
201606 0.494 101.400 0.561
201609 0.522 102.400 0.587
201612 0.587 102.600 0.659
201703 1.400 103.200 1.563
201706 1.315 103.100 1.470
201709 1.344 104.100 1.488
201712 1.434 104.500 1.581
201803 1.501 105.300 1.643
201806 1.508 104.900 1.656
201809 1.545 106.600 1.670
201812 1.631 106.500 1.765
201903 1.680 107.700 1.797
201906 1.711 107.700 1.831
201909 1.755 109.800 1.842
201912 1.723 111.200 1.785
202003 1.824 112.300 1.872
202006 1.830 110.400 1.910
202009 2.592 111.700 2.674
202012 2.670 111.500 2.759
202103 2.730 112.662 2.792
202106 2.743 111.769 2.828
202109 2.807 112.215 2.882
202112 2.943 113.108 2.998
202203 3.004 114.335 3.027
202206 2.985 114.558 3.002
202209 3.032 115.339 3.029
202212 2.965 115.116 2.968
202303 2.981 115.116 2.984
202306 2.991 114.558 3.008
202309 3.025 115.339 3.022
202312 2.973 114.781 2.985
202403 2.986 115.227 2.986

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


B-Soft Co  (SZSE:300451) 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.

B-Soft Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.69/1.91
=1.93

* 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 B-Soft Co was 6.96. The lowest was 1.97. And the median was 3.87.


Be Aware

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


B-Soft Co Cyclically Adjusted Book per Share Related Terms

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


B-Soft Co (SZSE:300451) Business Description

Traded in Other Exchanges
N/A
Address
No. 92, Yueda Lane, Changhe Street, 5th Floor, Entrepreneurship Building, Binjiang District, Zhejiang, Hangzhou, CHN, 310012
B-Soft Co Ltd is engaged in providing software and information technology services for the healthcare industry.
Executives
Zhang Lv Zheng Directors, executives
Ge Hang Director
Xu Sheng Securities Affairs Representative
Li Jun Supervisors
Fang Bao Lin Executives
Yu Yan Ping Executives
Zhang Song Executives
Sun Lie Feng Executives
Hu Yan Secretary, Director
Zhao Jian Xin Executives

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