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Eoptolink Technology (SZSE:300502) Cyclically Adjusted Book per Share : ¥3.50 (As of Mar. 2024)


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What is Eoptolink Technology 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.

Eoptolink Technology's adjusted book value per share for the three months ended in Mar. 2024 was ¥8.166. 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 ¥3.50 for the trailing ten years ended in Mar. 2024.

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 (2024-06-01), Eoptolink Technology's current stock price is ¥86.73. Eoptolink Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.50. Eoptolink Technology's Cyclically Adjusted PB Ratio of today is 24.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eoptolink Technology was 24.71. The lowest was 13.48. And the median was 19.81.


Eoptolink Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eoptolink Technology'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.

Eoptolink Technology Cyclically Adjusted Book per Share Chart

Eoptolink Technology 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 - - - - 3.28

Eoptolink Technology 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 - - - 3.28 3.50

Competitive Comparison of Eoptolink Technology's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Eoptolink Technology'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.


Eoptolink Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eoptolink Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eoptolink Technology 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, Eoptolink Technology'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)
=8.166/115.2271*115.2271
=8.166

Current CPI (Mar. 2024) = 115.2271.

Eoptolink Technology Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.542 95.237 0.656
201312 0.707 97.624 0.834
201412 0.900 99.000 1.048
201503 0.000 99.900 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 1.097 100.600 1.257
201603 1.427 102.200 1.609
201606 1.469 101.400 1.669
201609 1.519 102.400 1.709
201612 1.558 102.600 1.750
201703 1.605 103.200 1.792
201706 1.614 103.100 1.804
201709 1.667 104.100 1.845
201712 1.667 104.500 1.838
201803 1.673 105.300 1.831
201806 1.626 104.900 1.786
201809 1.667 106.600 1.802
201812 1.736 106.500 1.878
201903 1.789 107.700 1.914
201906 1.821 107.700 1.948
201909 1.919 109.800 2.014
201912 2.046 111.200 2.120
202003 2.141 112.300 2.197
202006 2.297 110.400 2.397
202009 2.535 111.700 2.615
202012 4.850 111.500 5.012
202103 5.009 112.662 5.123
202106 5.155 111.769 5.314
202109 5.355 112.215 5.499
202112 5.576 113.108 5.680
202203 5.763 114.335 5.808
202206 6.146 114.558 6.182
202209 6.572 115.339 6.566
202212 6.802 115.116 6.809
202303 6.956 115.116 6.963
202306 7.131 114.558 7.173
202309 7.330 115.339 7.323
202312 7.699 114.781 7.729
202403 8.166 115.227 8.166

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


Eoptolink Technology  (SZSE:300502) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.73/3.5
=24.78

* 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 Eoptolink Technology was 24.71. The lowest was 13.48. And the median was 19.81.


Be Aware

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


Eoptolink Technology Cyclically Adjusted Book per Share Related Terms

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


Eoptolink Technology (SZSE:300502) Business Description

Traded in Other Exchanges
N/A
Address
No.127 West Wulian Street, Gongxing Town, Shuangliu District, Chengdu, CHN, 610213
Eoptolink Technology Inc Ltd designs develops, manufactures, and markets a diverse portfolio of optical transceiver modules for all applications. Its products are used in various ICT applications, such as data centers, telecom networks, security monitoring, smart grid, and other industries. The firm's products include CFP & QSFP+; SFP+; XPF; X2; xPON; and CWDm SFP; among others.
Executives
Dai Xue Min Executives
Gao Guang Rong Director
Wang Cheng Directors, executives
Chen Wei Executives
Zhang Zhi Qiang Supervisors
Yuan Yin Supervisors
Director
Wan Ming Supervisors
Hu Xue Min Director
Wei Wei Supervisors, securities affairs representatives
Huang Xiao Lei Directors, executives
Li Jiang Directors, executives

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