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In Win Development (TPE:6117) Cyclically Adjusted Book per Share : NT$19.14 (As of Mar. 2024)


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What is In Win Development 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.

In Win Development's adjusted book value per share for the three months ended in Mar. 2024 was NT$15.007. 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$19.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, In Win Development's average Cyclically Adjusted Book Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.90% 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 In Win Development was -1.40% per year. The lowest was -1.90% per year. And the median was -1.65% per year.

As of today (2024-06-10), In Win Development's current stock price is NT$133.50. In Win Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.14. In Win Development's Cyclically Adjusted PB Ratio of today is 6.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of In Win Development was 7.50. The lowest was 0.53. And the median was 0.79.


In Win Development Cyclically Adjusted Book per Share Historical Data

The historical data trend for In Win Development'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.

In Win Development Cyclically Adjusted Book per Share Chart

In Win Development 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 20.87 20.28 20.22 20.00 19.15

In Win Development 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 19.95 19.77 19.58 19.15 19.14

Competitive Comparison of In Win Development's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, In Win Development'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.


In Win Development's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where In Win Development's Cyclically Adjusted PB Ratio falls into.



In Win Development 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, In Win Development'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)
=15.007/131.7762*131.7762
=15.007

Current CPI (Mar. 2024) = 131.7762.

In Win Development Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.052 100.560 28.898
201409 22.043 100.428 28.924
201412 22.295 99.070 29.655
201503 21.475 99.621 28.407
201506 19.985 100.684 26.157
201509 19.834 100.392 26.035
201512 19.116 99.792 25.243
201603 18.694 100.470 24.519
201606 18.124 101.688 23.487
201609 17.675 101.861 22.866
201612 16.697 101.863 21.600
201703 15.337 102.862 19.648
201706 14.783 103.349 18.849
201709 14.509 104.136 18.360
201712 19.563 104.011 24.785
201803 19.167 105.290 23.989
201806 17.487 106.317 21.675
201809 16.609 106.507 20.550
201812 15.913 105.998 19.783
201903 15.209 107.251 18.687
201906 14.746 108.070 17.981
201909 14.306 108.329 17.402
201912 13.860 108.420 16.846
202003 13.705 108.902 16.584
202006 13.509 108.767 16.367
202009 13.456 109.815 16.147
202012 13.029 109.897 15.623
202103 12.688 111.754 14.961
202106 12.395 114.631 14.249
202109 12.505 115.734 14.238
202112 11.925 117.630 13.359
202203 11.859 121.301 12.883
202206 12.034 125.017 12.685
202209 12.908 125.227 13.583
202212 12.760 125.222 13.428
202303 12.274 127.348 12.701
202306 12.162 128.729 12.450
202309 13.021 129.860 13.213
202312 13.704 129.419 13.954
202403 15.007 131.776 15.007

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


In Win Development  (TPE:6117) 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.

In Win Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=133.50/19.14
=6.97

* 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 In Win Development was 7.50. The lowest was 0.53. And the median was 0.79.


Be Aware

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


In Win Development Cyclically Adjusted Book per Share Related Terms

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


In Win Development (TPE:6117) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nanshang Road, No 57, Lane 350, Guishan District, Taoyuan, TWN
In Win Development Inc is a Taiwan-based company engaged in the design and manufacturing of professional computer chassis, power supplies and digital storage devices. The company provides PC cases, server cases, gaming chassis, fans, power supplies and storage kits.

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