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Shanyuan Co (ROCO:4416) Cyclically Adjusted Book per Share : NT$37.85 (As of Mar. 2024)


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What is Shanyuan 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.

Shanyuan Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$29.272. 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$37.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanyuan Co's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 Shanyuan Co was 2.00% per year. The lowest was 1.80% per year. And the median was 1.90% per year.

As of today (2024-06-07), Shanyuan Co's current stock price is NT$96.10. Shanyuan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$37.85. Shanyuan Co's Cyclically Adjusted PB Ratio of today is 2.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shanyuan Co was 3.15. The lowest was 1.89. And the median was 2.30.


Shanyuan Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shanyuan 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.

Shanyuan Co Cyclically Adjusted Book per Share Chart

Shanyuan 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 36.01 35.21 37.44 38.03 37.33

Shanyuan 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 37.95 37.98 37.91 37.33 37.85

Competitive Comparison of Shanyuan Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Shanyuan 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.


Shanyuan Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanyuan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shanyuan 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, Shanyuan 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)
=29.272/131.7762*131.7762
=29.272

Current CPI (Mar. 2024) = 131.7762.

Shanyuan Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.745 100.560 36.358
201409 30.391 100.428 39.878
201412 30.714 99.070 40.854
201503 33.701 99.621 44.579
201506 43.936 100.684 57.504
201509 41.651 100.392 54.672
201512 44.159 99.792 58.312
201603 44.075 100.470 57.808
201606 35.434 101.688 45.918
201609 34.864 101.861 45.103
201612 36.133 101.863 46.744
201703 35.807 102.862 45.872
201706 33.377 103.349 42.558
201709 33.260 104.136 42.088
201712 33.312 104.011 42.204
201803 32.134 105.290 40.218
201806 29.949 106.317 37.121
201809 28.904 106.507 35.762
201812 28.883 105.998 35.907
201903 28.419 107.251 34.918
201906 25.815 108.070 31.478
201909 25.127 108.329 30.565
201912 24.385 108.420 29.638
202003 23.462 108.902 28.390
202006 22.014 108.767 26.671
202009 21.324 109.815 25.588
202012 21.138 109.897 25.346
202103 21.145 111.754 24.933
202106 20.321 114.631 23.360
202109 41.344 115.734 47.075
202112 39.911 117.630 44.711
202203 39.096 121.301 42.472
202206 33.453 125.017 35.262
202209 31.644 125.227 33.299
202212 30.423 125.222 32.015
202303 30.362 127.348 31.418
202306 28.902 128.729 29.586
202309 28.633 129.860 29.056
202312 28.803 129.419 29.328
202403 29.272 131.776 29.272

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


Shanyuan Co  (ROCO:4416) 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.

Shanyuan Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.10/37.85
=2.54

* 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 Shanyuan Co was 3.15. The lowest was 1.89. And the median was 2.30.


Be Aware

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


Shanyuan Co Cyclically Adjusted Book per Share Related Terms

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


Shanyuan Co (ROCO:4416) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.96 ,Section 2, Nanjing East Road, 104-8th Floor, Taipei, TWN
Shanyuan Co Ltd is engaged in the development, construction, and leasing of commercial, residential and industrial buildings, as well as the distribution of building materials. It also provides interior decoration design, engineering contract and import and export of decorative materials. The company's main business items have been entrusting construction factories to build commercial buildings, renting and selling national residences, and trading of related decoration materials.

Shanyuan Co (ROCO:4416) Headlines

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