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Paragon Technologies Co (TPE:3518) Cyclically Adjusted Book per Share : NT$29.93 (As of Mar. 2024)


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What is Paragon 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.

Paragon Technologies Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$14.253. 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$29.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paragon Technologies Co's average Cyclically Adjusted Book Growth Rate was -9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.40% 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 Paragon Technologies Co was -4.00% per year. The lowest was -5.40% per year. And the median was -4.70% per year.

As of today (2024-06-09), Paragon Technologies Co's current stock price is NT$30.60. Paragon Technologies Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$29.93. Paragon Technologies Co's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paragon Technologies Co was 1.29. The lowest was 0.47. And the median was 0.77.


Paragon Technologies Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paragon 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.

Paragon Technologies Co Cyclically Adjusted Book per Share Chart

Paragon 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 37.81 35.92 34.87 33.41 30.45

Paragon 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 33.06 32.40 31.64 30.45 29.93

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

For the Specialty Industrial Machinery subindustry, Paragon 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.


Paragon Technologies Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paragon Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Paragon 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, Paragon 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)
=14.253/131.7762*131.7762
=14.253

Current CPI (Mar. 2024) = 131.7762.

Paragon Technologies Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 40.770 100.560 53.426
201409 40.914 100.428 53.685
201412 41.325 99.070 54.968
201503 41.400 99.621 54.763
201506 38.955 100.684 50.985
201509 39.785 100.392 52.223
201512 36.908 99.792 48.737
201603 35.080 100.470 46.011
201606 31.695 101.688 41.073
201609 31.230 101.861 40.402
201612 29.324 101.863 37.935
201703 27.174 102.862 34.812
201706 26.764 103.349 34.126
201709 26.340 104.136 33.331
201712 25.808 104.011 32.697
201803 24.943 105.290 31.218
201806 23.792 106.317 29.489
201809 21.959 106.507 27.169
201812 20.983 105.998 26.086
201903 21.235 107.251 26.091
201906 20.571 108.070 25.084
201909 19.404 108.329 23.604
201912 17.895 108.420 21.750
202003 17.198 108.902 20.810
202006 16.915 108.767 20.493
202009 17.121 109.815 20.545
202012 17.434 109.897 20.905
202103 17.298 111.754 20.397
202106 17.332 114.631 19.924
202109 17.336 115.734 19.739
202112 17.902 117.630 20.055
202203 18.535 121.301 20.136
202206 17.235 125.017 18.167
202209 17.052 125.227 17.944
202212 17.480 125.222 18.395
202303 17.625 127.348 18.238
202306 16.751 128.729 17.148
202309 15.276 129.860 15.501
202312 14.585 129.419 14.851
202403 14.253 131.776 14.253

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


Paragon Technologies Co  (TPE:3518) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.60/29.93
=1.02

* 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 Paragon Technologies Co was 1.29. The lowest was 0.47. And the median was 0.77.


Be Aware

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


Paragon Technologies Co Cyclically Adjusted Book per Share Related Terms

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


Paragon Technologies Co (TPE:3518) Business Description

Traded in Other Exchanges
N/A
Address
No. 86-52, Wenhua 1st Rd, Gueishan, Taoyuan, TWN, 333
Paragon Technologies Co Ltd is engaged in manufacturing EMI, Optoelectronic, and optical film, and research, development, manufacturing, processing, and trading of machinery and equipment, and components. The main business The project is vacuum coating surface treatment, vacuum equipment research and development, manufacturing, and trading, etc.

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