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Prosperity Dielectrics Co (ROCO:6173) Cyclically Adjusted Book per Share : NT$29.80 (As of Mar. 2024)


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What is Prosperity Dielectrics 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.

Prosperity Dielectrics Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$41.386. 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$29.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prosperity Dielectrics Co's average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.80% 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 Prosperity Dielectrics Co was 14.80% per year. The lowest was 13.10% per year. And the median was 13.95% per year.

As of today (2024-06-08), Prosperity Dielectrics Co's current stock price is NT$49.30. Prosperity Dielectrics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$29.80. Prosperity Dielectrics Co's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prosperity Dielectrics Co was 4.06. The lowest was 1.22. And the median was 2.49.


Prosperity Dielectrics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prosperity Dielectrics 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.

Prosperity Dielectrics Co Cyclically Adjusted Book per Share Chart

Prosperity Dielectrics 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 17.75 18.96 22.23 25.68 28.70

Prosperity Dielectrics 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 26.66 27.47 28.25 28.70 29.80

Competitive Comparison of Prosperity Dielectrics Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Prosperity Dielectrics 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.


Prosperity Dielectrics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Prosperity Dielectrics 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, Prosperity Dielectrics 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)
=41.386/131.7762*131.7762
=41.386

Current CPI (Mar. 2024) = 131.7762.

Prosperity Dielectrics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.704 100.560 17.958
201409 14.193 100.428 18.623
201412 14.737 99.070 19.602
201503 14.877 99.621 19.679
201506 14.382 100.684 18.823
201509 15.012 100.392 19.705
201512 14.902 99.792 19.678
201603 15.254 100.470 20.007
201606 15.103 101.688 19.572
201609 15.631 101.861 20.222
201612 15.997 101.863 20.695
201703 16.585 102.862 21.247
201706 16.490 103.349 21.026
201709 18.134 104.136 22.947
201712 19.235 104.011 24.370
201803 20.043 105.290 25.085
201806 21.793 106.317 27.012
201809 23.903 106.507 29.574
201812 25.269 105.998 31.414
201903 27.257 107.251 33.490
201906 23.484 108.070 28.636
201909 24.473 108.329 29.770
201912 25.985 108.420 31.583
202003 24.975 108.902 30.221
202006 25.171 108.767 30.496
202009 27.809 109.815 33.370
202012 30.300 109.897 36.332
202103 32.560 111.754 38.393
202106 35.220 114.631 40.488
202109 34.933 115.734 39.775
202112 39.129 117.630 43.835
202203 38.061 121.301 41.348
202206 35.753 125.017 37.686
202209 36.900 125.227 38.830
202212 37.254 125.222 39.204
202303 39.039 127.348 40.397
202306 38.457 128.729 39.367
202309 39.310 129.860 39.890
202312 39.729 129.419 40.452
202403 41.386 131.776 41.386

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


Prosperity Dielectrics Co  (ROCO:6173) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.30/29.8
=1.65

* 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 Prosperity Dielectrics Co was 4.06. The lowest was 1.22. And the median was 2.49.


Be Aware

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


Prosperity Dielectrics Co Cyclically Adjusted Book per Share Related Terms

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


Prosperity Dielectrics Co (ROCO:6173) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanshan Road, No.220-1 , Lujhu District, Taoyuan, TWN, 33860
Prosperity Dielectrics Co Ltd is a manufacturer and exporter of ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. It is engaged in the manufacture and sale of specific application electronic ceramic products. It's product portfolio consist of mutilayer ceramic capacitors; chip resistors; ceramic dielectrical powder, Wafer capacitance, chip resistance, dielectric porcelain powder, semi-conductive ceramic, coil and inductor.

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