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Gish International Co (ROCO:8067) Cyclically Adjusted Book per Share : NT$17.93 (As of Mar. 2024)


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What is Gish International 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.

Gish International Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$8.252. 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$17.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gish International Co's average Cyclically Adjusted Book Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.50% 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 Gish International Co was -1.50% per year. The lowest was -1.50% per year. And the median was -1.50% per year.

As of today (2024-06-05), Gish International Co's current stock price is NT$16.60. Gish International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.93. Gish International Co's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gish International Co was 1.14. The lowest was 0.57. And the median was 0.85.


Gish International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gish International 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.

Gish International Co Cyclically Adjusted Book per Share Chart

Gish International Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 19.25 18.57 18.56 18.42

Gish International Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 18.42 18.39 18.26 18.08 17.93

Competitive Comparison of Gish International Co's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Gish International 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.


Gish International Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Gish International 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, Gish International 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)
=8.252/131.7762*131.7762
=8.252

Current CPI (Mar. 2024) = 131.7762.

Gish International Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.963 99.695 21.100
201406 16.323 100.560 21.390
201409 15.399 100.428 20.206
201412 18.588 99.070 24.725
201503 18.699 99.621 24.735
201506 18.068 100.684 23.648
201509 17.702 100.392 23.236
201512 16.994 99.792 22.441
201603 16.672 100.470 21.867
201606 16.267 101.688 21.080
201609 16.126 101.861 20.862
201612 16.209 101.863 20.969
201703 16.490 102.862 21.125
201706 16.209 103.349 20.667
201709 24.275 104.136 30.718
201712 23.134 104.011 29.309
201803 21.940 105.290 27.459
201806 20.208 106.317 25.047
201809 19.159 106.507 23.705
201812 17.238 105.998 21.430
201903 16.033 107.251 19.699
201906 14.808 108.070 18.056
201909 14.589 108.329 17.747
201912 13.301 108.420 16.166
202003 12.151 108.902 14.703
202006 12.001 108.767 14.540
202009 11.944 109.815 14.333
202012 11.728 109.897 14.063
202103 11.299 111.754 13.323
202106 10.852 114.631 12.475
202109 10.306 115.734 11.735
202112 10.058 117.630 11.268
202203 9.931 121.301 10.789
202206 9.217 125.017 9.715
202209 8.824 125.227 9.286
202212 8.613 125.222 9.064
202303 8.386 127.348 8.678
202306 8.896 128.729 9.107
202309 8.432 129.860 8.556
202403 8.252 131.776 8.252

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


Gish International Co  (ROCO:8067) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.60/17.93
=0.93

* 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 Gish International Co was 1.14. The lowest was 0.57. And the median was 0.85.


Be Aware

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


Gish International Co Cyclically Adjusted Book per Share Related Terms

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


Gish International Co (ROCO:8067) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Xinbei Boulevard, Sanchong District, 14th Floor. No. 260, Section 2, New Taipei, TWN
Gish International Co Ltd distributes optical storage and multi-media products. The Company's products include CD-RW (Compact Disc Rewritable), DVD-RW (Digital Video Disc Rewritable) and disks, as well as MP3 players. It has distribution network throughout Southeast Asia, concentrated in Taiwan and Japan.

Gish International Co (ROCO:8067) Headlines

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