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Zero One Technology Co (TPE:3029) Cyclically Adjusted Book per Share : NT$22.44 (As of Mar. 2024)


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What is Zero One Technology 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.

Zero One Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$24.381. 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$22.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zero One Technology Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Zero One Technology Co was 9.30% per year. The lowest was 8.10% per year. And the median was 8.70% per year.

As of today (2024-06-04), Zero One Technology Co's current stock price is NT$75.00. Zero One Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$22.44. Zero One Technology Co's Cyclically Adjusted PB Ratio of today is 3.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zero One Technology Co was 3.55. The lowest was 1.67. And the median was 2.41.


Zero One Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zero One Technology 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.

Zero One Technology Co Cyclically Adjusted Book per Share Chart

Zero One Technology 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 16.17 16.76 18.48 20.40 21.88

Zero One Technology 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 20.90 21.32 21.72 21.88 22.44

Competitive Comparison of Zero One Technology Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Zero One Technology 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.


Zero One Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Zero One Technology 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, Zero One Technology 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)
=24.381/131.7762*131.7762
=24.381

Current CPI (Mar. 2024) = 131.7762.

Zero One Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.341 100.560 17.482
201409 13.548 100.428 17.777
201412 13.984 99.070 18.601
201503 14.512 99.621 19.196
201506 14.677 100.684 19.209
201509 15.157 100.392 19.895
201512 15.450 99.792 20.402
201603 15.704 100.470 20.597
201606 15.075 101.688 19.535
201609 15.806 101.861 20.448
201612 16.338 101.863 21.136
201703 16.456 102.862 21.082
201706 15.652 103.349 19.957
201709 16.365 104.136 20.709
201712 16.778 104.011 21.257
201803 17.442 105.290 21.830
201806 16.640 106.317 20.625
201809 17.094 106.507 21.150
201812 17.622 105.998 21.908
201903 18.378 107.251 22.581
201906 17.613 108.070 21.477
201909 18.076 108.329 21.988
201912 19.149 108.420 23.274
202003 19.726 108.902 23.869
202006 19.161 108.767 23.214
202009 19.957 109.815 23.948
202012 20.855 109.897 25.007
202103 19.282 111.754 22.737
202106 19.891 114.631 22.866
202109 21.285 115.734 24.235
202112 25.717 117.630 28.810
202203 23.040 121.301 25.030
202206 23.811 125.017 25.098
202209 24.916 125.227 26.219
202212 25.800 125.222 27.150
202303 23.429 127.348 24.244
202306 24.639 128.729 25.222
202309 25.747 129.860 26.127
202312 26.791 129.419 27.279
202403 24.381 131.776 24.381

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


Zero One Technology Co  (TPE:3029) 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.

Zero One Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.00/22.44
=3.34

* 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 Zero One Technology Co was 3.55. The lowest was 1.67. And the median was 2.41.


Be Aware

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


Zero One Technology Co Cyclically Adjusted Book per Share Related Terms

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


Zero One Technology Co (TPE:3029) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8, Lane 360, Neihu Road, Section 1, 10th Floor, Neihu District, Taipei City, TWN, 114
Zero One Technology Co Ltd is engaged in the design, manufacturing, packaging, selling, consulting, and services of electronic information, computer software, hardware, accessories, components, and Chinese data processing. It provides system management, information security, network equipment, storage, backup, virtualization, video surveillance, cloud services, big data, and labor. It operates in two segments: Brand agent business division and Other.

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