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De Poan Pneumatic (ROCO:1570) Cyclically Adjusted Book per Share : NT$16.91 (As of Mar. 2024)


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What is De Poan Pneumatic 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.

De Poan Pneumatic's adjusted book value per share for the three months ended in Mar. 2024 was NT$18.149. 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 NT$16.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, De Poan Pneumatic's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 De Poan Pneumatic was 11.20% per year. The lowest was 10.10% per year. And the median was 10.65% per year.

As of today (2024-05-24), De Poan Pneumatic's current stock price is NT$28.55. De Poan Pneumatic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.91. De Poan Pneumatic's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of De Poan Pneumatic was 2.40. The lowest was 1.02. And the median was 1.21.


De Poan Pneumatic Cyclically Adjusted Book per Share Historical Data

The historical data trend for De Poan Pneumatic'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.

De Poan Pneumatic Cyclically Adjusted Book per Share Chart

De Poan Pneumatic 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 11.42 11.97 13.55 15.24 16.45

De Poan Pneumatic 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 15.71 16.06 16.36 16.45 16.91

Competitive Comparison of De Poan Pneumatic's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, De Poan Pneumatic'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.


De Poan Pneumatic's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Poan Pneumatic's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where De Poan Pneumatic's Cyclically Adjusted PB Ratio falls into.



De Poan Pneumatic 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, De Poan Pneumatic'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)
=18.149/131.7762*131.7762
=18.149

Current CPI (Mar. 2024) = 131.7762.

De Poan Pneumatic Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.702 100.560 12.714
201409 10.047 100.428 13.183
201412 10.185 99.070 13.547
201503 10.557 99.621 13.965
201506 10.949 100.684 14.330
201509 11.761 100.392 15.438
201512 11.833 99.792 15.626
201603 12.108 100.470 15.881
201606 11.685 101.688 15.142
201609 11.880 101.861 15.369
201612 12.508 101.863 16.181
201703 12.653 102.862 16.210
201706 12.534 103.349 15.982
201709 13.282 104.136 16.807
201712 13.473 104.011 17.070
201803 13.675 105.290 17.115
201806 13.319 106.317 16.508
201809 13.840 106.507 17.124
201812 14.280 105.998 17.753
201903 14.471 107.251 17.780
201906 14.083 108.070 17.172
201909 14.479 108.329 17.613
201912 14.883 108.420 18.089
202003 15.234 108.902 18.434
202006 14.642 108.767 17.739
202009 14.759 109.815 17.711
202012 15.017 109.897 18.007
202103 15.338 111.754 18.086
202106 16.592 114.631 19.074
202109 16.271 115.734 18.526
202112 16.819 117.630 18.842
202203 17.459 121.301 18.967
202206 16.697 125.017 17.600
202209 17.204 125.227 18.104
202212 17.712 125.222 18.639
202303 18.219 127.348 18.853
202306 17.366 128.729 17.777
202309 17.275 129.860 17.530
202312 17.456 129.419 17.774
202403 18.149 131.776 18.149

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


De Poan Pneumatic  (ROCO:1570) 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.

De Poan Pneumatic's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.55/16.91
=1.69

* 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 De Poan Pneumatic was 2.40. The lowest was 1.02. And the median was 1.21.


Be Aware

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


De Poan Pneumatic Cyclically Adjusted Book per Share Related Terms

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


De Poan Pneumatic (ROCO:1570) Business Description

Traded in Other Exchanges
N/A
Address
No. 81, Museum Road, Ba-Li Shiang, Taipei, TWN, 24947
De Poan Pneumatic Corp is engaged in the manufacture and distribution of nailing and stapling products in Taiwan. Its products include coil nailer, cordless nailer, framing nailer, brad nailer, stapler, pinner, hand tool, air sanders and polishers among others.

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