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Amiccom Electronics (ROCO:5272) Cyclically Adjusted Book per Share : NT$21.14 (As of Mar. 2024)


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What is Amiccom Electronics 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.

Amiccom Electronics's adjusted book value per share for the three months ended in Mar. 2024 was NT$20.291. 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$21.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Amiccom Electronics's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Amiccom Electronics was 5.80% per year. The lowest was 5.80% per year. And the median was 5.80% per year.

As of today (2024-05-26), Amiccom Electronics's current stock price is NT$32.00. Amiccom Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.14. Amiccom Electronics's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amiccom Electronics was 2.47. The lowest was 1.14. And the median was 1.65.


Amiccom Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Amiccom Electronics'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.

Amiccom Electronics Cyclically Adjusted Book per Share Chart

Amiccom Electronics 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 - 17.60 19.03 20.30 20.84

Amiccom Electronics 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 20.64 20.84 20.97 20.84 21.14

Competitive Comparison of Amiccom Electronics's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Amiccom Electronics'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.


Amiccom Electronics's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Amiccom Electronics 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, Amiccom Electronics'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)
=20.291/131.7762*131.7762
=20.291

Current CPI (Mar. 2024) = 131.7762.

Amiccom Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.654 100.560 20.513
201409 16.186 100.428 21.238
201412 17.004 99.070 22.618
201503 17.387 99.621 22.999
201506 15.434 100.684 20.200
201509 15.324 100.392 20.115
201512 16.112 99.792 21.276
201603 17.740 100.470 23.268
201606 16.316 101.688 21.144
201609 16.651 101.861 21.541
201612 17.029 101.863 22.030
201703 18.115 102.862 23.207
201706 16.801 103.349 21.422
201709 17.905 104.136 22.658
201712 18.185 104.011 23.039
201803 18.334 105.290 22.946
201806 16.933 106.317 20.988
201809 16.882 106.507 20.887
201812 16.022 105.998 19.918
201903 17.151 107.251 21.073
201906 17.130 108.070 20.888
201909 17.130 108.329 20.838
201912 17.101 108.420 20.785
202003 16.513 108.902 19.982
202006 16.675 108.767 20.202
202009 16.264 109.815 19.517
202012 16.792 109.897 20.135
202103 17.539 111.754 20.681
202106 18.251 114.631 20.981
202109 18.906 115.734 21.527
202112 19.752 117.630 22.127
202203 19.261 121.301 20.924
202206 19.219 125.017 20.258
202209 19.760 125.227 20.794
202212 19.779 125.222 20.814
202303 20.310 127.348 21.016
202306 19.840 128.729 20.310
202309 19.942 129.860 20.236
202312 20.030 129.419 20.395
202403 20.291 131.776 20.291

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


Amiccom Electronics  (ROCO:5272) 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.

Amiccom Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.00/21.14
=1.51

* 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 Amiccom Electronics was 2.47. The lowest was 1.14. And the median was 1.65.


Be Aware

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


Amiccom Electronics Cyclically Adjusted Book per Share Related Terms

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


Amiccom Electronics (ROCO:5272) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Taiyuan Street, 10th Floor, Hsinchu County, Zhubei City, Hsinchu, TWN, 30265
Amiccom Electronics Corp is a Taiwan-based RF integrated circuits (ICs) vendor. The company focuses on chip design and marketing that is extended by six product lines of 2.4GHz RF data communication, Sub1GHz RF data communication, 5.8GHz RF data communication, Wireless audio system, Standard communication (Zigbee/RF4CE and BLE), and Satellite communication. Its core businesses are 2.4GHz TRx, sub-GHz TRx, PHS TRx, GPS Receiver IC, and Switch Matrix IC for LNB.

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