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RichWave Technology (TPE:4968) Cyclically Adjusted Book per Share : NT$19.44 (As of Mar. 2024)


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What is RichWave Technology 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.

RichWave Technology's adjusted book value per share for the three months ended in Mar. 2024 was NT$24.984. 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$19.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, RichWave Technology's average Cyclically Adjusted Book Growth Rate was 13.60% 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.

As of today (2024-06-09), RichWave Technology's current stock price is NT$184.00. RichWave Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.44. RichWave Technology's Cyclically Adjusted PB Ratio of today is 9.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RichWave Technology was 25.26. The lowest was 5.69. And the median was 9.47.


RichWave Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for RichWave Technology'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.

RichWave Technology Cyclically Adjusted Book per Share Chart

RichWave Technology 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 - - 13.59 16.33 18.95

RichWave Technology 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 17.11 17.83 18.51 18.95 19.44

Competitive Comparison of RichWave Technology's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, RichWave Technology'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.


RichWave Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



RichWave Technology 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, RichWave Technology'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)
=24.984/131.7762*131.7762
=24.984

Current CPI (Mar. 2024) = 131.7762.

RichWave Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.498 100.560 5.894
201409 0.000 100.428 0.000
201412 5.029 99.070 6.689
201503 5.388 99.621 7.127
201506 5.992 100.684 7.842
201509 6.678 100.392 8.766
201512 9.507 99.792 12.554
201603 9.801 100.470 12.855
201606 10.068 101.688 13.047
201609 10.507 101.861 13.593
201612 11.134 101.863 14.404
201703 10.616 102.862 13.600
201706 10.474 103.349 13.355
201709 11.235 104.136 14.217
201712 11.982 104.011 15.181
201803 12.476 105.290 15.614
201806 12.696 106.317 15.736
201809 13.358 106.507 16.527
201812 13.845 105.998 17.212
201903 13.739 107.251 16.881
201906 13.630 108.070 16.620
201909 15.225 108.329 18.520
201912 15.741 108.420 19.132
202003 16.334 108.902 19.765
202006 17.638 108.767 21.369
202009 20.911 109.815 25.093
202012 24.612 109.897 29.512
202103 27.501 111.754 32.428
202106 30.331 114.631 34.867
202109 27.808 115.734 31.662
202112 27.006 117.630 30.254
202203 27.096 121.301 29.436
202206 24.079 125.017 25.381
202209 27.205 125.227 28.628
202212 26.313 125.222 27.690
202303 25.366 127.348 26.248
202306 24.948 128.729 25.539
202309 24.729 129.860 25.094
202312 24.324 129.419 24.767
202403 24.984 131.776 24.984

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


RichWave Technology  (TPE:4968) 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.

RichWave Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=184.00/19.44
=9.47

* 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 RichWave Technology was 25.26. The lowest was 5.69. And the median was 9.47.


Be Aware

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


RichWave Technology Cyclically Adjusted Book per Share Related Terms

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


RichWave Technology (TPE:4968) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tiding Boulevard, 3rd Floor, No. 1, Alley 20, Lane 407, Section 2, Taipei, TWN, 114
RichWave Technology Corp is a fabless IC design company. The company is engaged in the design, integration, and manufacturing of RF ICs for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications.

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