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Da-Li Development Co (TPE:6177) Cyclically Adjusted Book per Share : NT$18.34 (As of Mar. 2024)


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What is Da-Li Development 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.

Da-Li Development Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$22.231. 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$18.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Da-Li Development Co's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Da-Li Development Co was 10.50% per year. The lowest was 9.00% per year. And the median was 9.75% per year.

As of today (2024-05-24), Da-Li Development Co's current stock price is NT$55.10. Da-Li Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$18.34. Da-Li Development Co's Cyclically Adjusted PB Ratio of today is 3.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Da-Li Development Co was 3.73. The lowest was 1.48. And the median was 1.93.


Da-Li Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Da-Li Development 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.

Da-Li Development Co Cyclically Adjusted Book per Share Chart

Da-Li Development 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 12.66 13.16 14.70 16.40 17.74

Da-Li Development 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 16.85 17.19 17.52 17.74 18.34

Competitive Comparison of Da-Li Development Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Da-Li Development 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.


Da-Li Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Da-Li Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Da-Li Development Co's Cyclically Adjusted PB Ratio falls into.



Da-Li Development 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, Da-Li Development 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)
=22.231/131.7762*131.7762
=22.231

Current CPI (Mar. 2024) = 131.7762.

Da-Li Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.910 100.560 15.607
201409 14.315 100.428 18.783
201412 14.721 99.070 19.581
201503 15.509 99.621 20.515
201506 12.957 100.684 16.958
201509 12.928 100.392 16.970
201512 14.849 99.792 19.608
201603 15.480 100.470 20.303
201606 13.675 101.688 17.721
201609 13.699 101.861 17.722
201612 13.917 101.863 18.004
201703 13.620 102.862 17.449
201706 15.232 103.349 19.422
201709 16.660 104.136 21.082
201712 15.943 104.011 20.199
201803 15.612 105.290 19.539
201806 12.294 106.317 15.238
201809 11.906 106.507 14.731
201812 12.449 105.998 15.477
201903 14.328 107.251 17.604
201906 14.448 108.070 17.617
201909 14.753 108.329 17.946
201912 15.010 108.420 18.243
202003 15.804 108.902 19.124
202006 13.789 108.767 16.706
202009 16.069 109.815 19.283
202012 13.567 109.897 16.268
202103 13.515 111.754 15.936
202106 14.391 114.631 16.543
202109 15.277 115.734 17.395
202112 17.357 117.630 19.444
202203 19.066 121.301 20.712
202206 17.010 125.017 17.930
202209 18.354 125.227 19.314
202212 17.873 125.222 18.809
202303 18.245 127.348 18.879
202306 17.227 128.729 17.635
202309 18.424 129.860 18.696
202312 22.016 129.419 22.417
202403 22.231 131.776 22.231

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


Da-Li Development Co  (TPE:6177) 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.

Da-Li Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.10/18.34
=3.00

* 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 Da-Li Development Co was 3.73. The lowest was 1.48. And the median was 1.93.


Be Aware

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


Da-Li Development Co Cyclically Adjusted Book per Share Related Terms

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


Da-Li Development Co (TPE:6177) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 96, Jianguo North Road, 10th Floor, Section 1, Zhongshan District, Taipei, TWN, 104
Da-Li Development Co Ltd is engaged in the development of the residential building and rental industry. The company also invests in and constructs the public construction industry, new towns, new communities, urban renewal and reconstruction industry, real estate sales, and real estate leasing industry.

Da-Li Development Co (TPE:6177) Headlines

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