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Auden Techno (TPE:3138) Cyclically Adjusted Book per Share : NT$23.09 (As of Mar. 2024)


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What is Auden Techno 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.

Auden Techno's adjusted book value per share for the three months ended in Mar. 2024 was NT$39.917. 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$23.09 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), Auden Techno's current stock price is NT$129.50. Auden Techno's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$23.09. Auden Techno's Cyclically Adjusted PB Ratio of today is 5.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Auden Techno was 5.83. The lowest was 5.37. And the median was 5.63.


Auden Techno Cyclically Adjusted Book per Share Historical Data

The historical data trend for Auden Techno'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.

Auden Techno Cyclically Adjusted Book per Share Chart

Auden Techno Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Auden Techno 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 - - - - 23.09

Competitive Comparison of Auden Techno's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Auden Techno'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.


Auden Techno's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Auden Techno 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, Auden Techno'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)
=39.917/131.7762*131.7762
=39.917

Current CPI (Mar. 2024) = 131.7762.

Auden Techno Quarterly Data

Book Value per Share CPI Adj_Book
200912 11.165 91.111 16.148
201006 0.000 91.962 0.000
201012 10.844 92.474 15.453
201106 10.830 95.235 14.985
201112 11.630 95.213 16.096
201206 11.827 96.819 16.097
201212 11.671 96.871 15.876
201306 12.140 98.518 16.238
201312 12.491 98.326 16.740
201406 13.046 100.560 17.096
201412 13.946 99.070 18.550
201506 14.008 100.684 18.334
201512 14.814 99.792 19.562
201606 13.963 101.688 18.094
201612 14.419 101.863 18.653
201706 13.698 103.349 17.466
201712 14.363 104.011 18.197
201806 14.683 106.317 18.199
201812 15.047 105.998 18.706
201903 0.000 107.251 0.000
201906 15.056 108.070 18.359
201909 0.000 108.329 0.000
201912 15.881 108.420 19.302
202003 15.914 108.902 19.257
202006 15.806 108.767 19.150
202009 17.234 109.815 20.681
202012 23.541 109.897 28.228
202103 22.272 111.754 26.262
202106 23.410 114.631 26.911
202109 26.405 115.734 30.065
202112 27.937 117.630 31.297
202203 28.057 121.301 30.480
202206 28.374 125.017 29.908
202209 30.250 125.227 31.832
202212 33.902 125.222 35.677
202303 31.596 127.348 32.695
202306 32.573 128.729 33.344
202309 34.494 129.860 35.003
202312 35.010 129.419 35.648
202403 39.917 131.776 39.917

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


Auden Techno  (TPE:3138) 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.

Auden Techno's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=129.50/23.09
=5.61

* 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 Auden Techno was 5.83. The lowest was 5.37. And the median was 5.63.


Be Aware

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


Auden Techno Cyclically Adjusted Book per Share Related Terms

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


Auden Techno (TPE:3138) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Auden Techno Corp (TPE:3138) » Definitions » Cyclically Adjusted Book per Share
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Address
No 19, Lane 772, Heping Road, Bade District, Taoyuan, TWN
Auden Techno Corp is a Taiwan based company engaged in the design and manufacture of wired and wireless antennas, the performance verification and testing of communications products and the trading agent of precision instrument. Its products include CB electronic antenna to mobile phone GSM antenna to wireless local-area network antenna, from Ultra-Wideband antenna to RFID application antenna and from miniature multi-frequency antenna module to 4G LTE/MIMO technology and to biological electromagnetic wave. Its products application covers: mobile communications, automotive electronics, Internet communications, the digital family and industrial applications.

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