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Opnet Technologies Co (ROCO:8034) Cyclically Adjusted Book per Share : NT$10.60 (As of Mar. 2024)


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What is Opnet Technologies 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.

Opnet Technologies Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$12.163. 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$10.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Opnet Technologies Co's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Opnet Technologies Co was 6.70% per year. The lowest was 6.00% per year. And the median was 6.35% per year.

As of today (2024-05-16), Opnet Technologies Co's current stock price is NT$23.85. Opnet Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$10.60. Opnet Technologies Co's Cyclically Adjusted PB Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Opnet Technologies Co was 4.90. The lowest was 1.31. And the median was 1.93.


Opnet Technologies Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Opnet Technologies 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.

Opnet Technologies Co Cyclically Adjusted Book per Share Chart

Opnet Technologies 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 8.43 8.66 9.31 10.03 10.53

Opnet Technologies 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 10.22 10.37 10.50 10.53 10.60

Competitive Comparison of Opnet Technologies Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Opnet Technologies 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.


Opnet Technologies Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Opnet Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Opnet Technologies 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, Opnet Technologies 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)
=12.163/129.4194*129.4194
=12.163

Current CPI (Mar. 2024) = 129.4194.

Opnet Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.016 100.560 9.030
201409 6.861 100.428 8.842
201412 7.070 99.070 9.236
201503 7.094 99.621 9.216
201506 6.917 100.684 8.891
201509 6.896 100.392 8.890
201512 6.897 99.792 8.945
201603 6.837 100.470 8.807
201606 6.553 101.688 8.340
201609 7.303 101.861 9.279
201612 7.303 101.863 9.279
201703 7.881 102.862 9.916
201706 7.846 103.349 9.825
201709 7.789 104.136 9.680
201712 8.204 104.011 10.208
201803 8.355 105.290 10.270
201806 8.421 106.317 10.251
201809 8.439 106.507 10.254
201812 9.322 105.998 11.382
201903 9.178 107.251 11.075
201906 9.133 108.070 10.937
201909 8.946 108.329 10.688
201912 10.218 108.420 12.197
202003 10.069 108.902 11.966
202006 10.068 108.767 11.980
202009 10.074 109.815 11.872
202012 10.207 109.897 12.020
202103 10.077 111.754 11.670
202106 10.067 114.631 11.366
202109 10.235 115.734 11.445
202112 11.484 117.630 12.635
202203 11.505 121.301 12.275
202206 10.651 125.017 11.026
202209 10.772 125.227 11.133
202212 11.137 125.222 11.510
202303 11.219 127.348 11.402
202306 10.975 128.729 11.034
202309 11.177 129.860 11.139
202312 12.042 129.419 12.042
202403 12.163 129.419 12.163

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


Opnet Technologies Co  (ROCO:8034) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.85/10.6
=2.25

* 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 Opnet Technologies Co was 4.90. The lowest was 1.31. And the median was 1.93.


Be Aware

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


Opnet Technologies Co Cyclically Adjusted Book per Share Related Terms

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


Opnet Technologies Co (ROCO:8034) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd Floor Number 5, Industry E. Road, IX Hsinchu Science Park, Hsinchu, TWN, 30075
Opnet Technologies Co Ltd is primarily engaged in the research, development, production, manufacturing, and sales of optical fiber broadband user access network systems, synchronous and asynchronous digital transmission multiplexers, high-speed, asymmetric and symmetric of digital subscriber loop system, broadband modem, router and access system, broadband wireless communication equipment, digital data and voice integrated access equipment. The Company has two reportable segments: Access Network and Broadband Equipment and Transmission Equipment. The company generates majority of the revenue from Access Network and Broadband Equipment segment. Its products in Network Access include DLC, MSAN, IP DSLAM, G.SHDSL, VoIP gateway and GPON/EPON.

Opnet Technologies Co (ROCO:8034) Headlines

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