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Great Wall Motor Co (WBO:GRV) Cyclically Adjusted Book per Share : €0.80 (As of Dec. 2023)


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What is Great Wall Motor 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.

Great Wall Motor Co's adjusted book value per share for the three months ended in Dec. 2023 was €1.035. 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 €0.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Great Wall Motor Co's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Great Wall Motor Co was 12.10% per year. The lowest was 9.70% per year. And the median was 9.70% per year.

As of today (2024-06-09), Great Wall Motor Co's current stock price is €1.363. Great Wall Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.80. Great Wall Motor Co's Cyclically Adjusted PB Ratio of today is 1.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Great Wall Motor Co was 6.72. The lowest was 0.85. And the median was 1.56.


Great Wall Motor Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Great Wall Motor 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.

Great Wall Motor Co Cyclically Adjusted Book per Share Chart

Great Wall Motor 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 0.57 0.54 0.66 0.78 0.80

Great Wall Motor 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 0.79 0.79 0.83 0.80 -

Competitive Comparison of Great Wall Motor Co's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Great Wall Motor 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.


Great Wall Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Great Wall Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Great Wall Motor Co's Cyclically Adjusted PB Ratio falls into.



Great Wall Motor 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, Great Wall Motor Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.035/114.7809*114.7809
=1.035

Current CPI (Dec. 2023) = 114.7809.

Great Wall Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.385 98.600 0.448
201406 0.381 98.200 0.445
201409 0.430 98.900 0.499
201412 0.480 99.000 0.557
201503 0.584 99.900 0.671
201506 0.562 99.500 0.648
201509 0.513 100.500 0.586
201512 0.598 100.600 0.682
201603 0.617 102.200 0.693
201606 0.616 101.400 0.697
201609 0.642 102.400 0.720
201612 0.710 102.600 0.794
201703 0.733 103.200 0.815
201706 0.666 103.100 0.741
201709 0.657 104.100 0.724
201712 0.690 104.500 0.758
201803 0.720 105.300 0.785
201806 0.742 104.900 0.812
201809 0.703 106.600 0.757
201812 0.735 106.500 0.792
201903 0.772 107.700 0.823
201906 0.724 107.700 0.772
201909 0.741 109.800 0.775
201912 0.765 111.200 0.790
202003 0.752 112.300 0.769
202006 0.728 110.400 0.757
202009 0.741 111.700 0.761
202012 0.786 111.500 0.809
202103 0.795 112.662 0.810
202106 0.835 111.769 0.857
202109 0.841 112.215 0.860
202112 0.935 113.108 0.949
202203 1.005 114.335 1.009
202206 1.062 114.558 1.064
202209 1.120 115.339 1.115
202212 1.007 115.116 1.004
202303 1.011 115.116 1.008
202306 0.946 114.558 0.948
202309 0.994 115.339 0.989
202312 1.035 114.781 1.035

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


Great Wall Motor Co  (WBO:GRV) 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.

Great Wall Motor Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.363/0.8
=1.70

* 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 Great Wall Motor Co was 6.72. The lowest was 0.85. And the median was 1.56.


Be Aware

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


Great Wall Motor Co Cyclically Adjusted Book per Share Related Terms

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


Great Wall Motor Co (WBO:GRV) Business Description

Address
No. 2266 Chaoyang Road South, Hebei Province, Baoding, CHN, 071000
Chinese automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2022, the company sold over 615,000 Haval-branded SUVs and 160,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 12th year. It also sold more than 195,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 90% of Great Wall's revenue, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.

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