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Nidec Chaun-Choung Technology (TPE:6230) Cyclically Adjusted Book per Share : NT$56.41 (As of Mar. 2024)


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What is Nidec Chaun-Choung 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.

Nidec Chaun-Choung Technology's adjusted book value per share for the three months ended in Mar. 2024 was NT$68.446. 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$56.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nidec Chaun-Choung Technology's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Nidec Chaun-Choung Technology was 10.90% per year. The lowest was 9.50% per year. And the median was 10.20% per year.

As of today (2024-06-08), Nidec Chaun-Choung Technology's current stock price is NT$306.50. Nidec Chaun-Choung Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$56.41. Nidec Chaun-Choung Technology's Cyclically Adjusted PB Ratio of today is 5.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nidec Chaun-Choung Technology was 7.51. The lowest was 1.93. And the median was 3.76.


Nidec Chaun-Choung Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nidec Chaun-Choung 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.

Nidec Chaun-Choung Technology Cyclically Adjusted Book per Share Chart

Nidec Chaun-Choung 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 38.57 40.20 45.37 50.69 54.83

Nidec Chaun-Choung 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 52.13 53.30 54.43 54.83 56.41

Competitive Comparison of Nidec Chaun-Choung Technology's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Nidec Chaun-Choung 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.


Nidec Chaun-Choung Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nidec Chaun-Choung Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nidec Chaun-Choung Technology's Cyclically Adjusted PB Ratio falls into.



Nidec Chaun-Choung 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, Nidec Chaun-Choung 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)
=68.446/131.7762*131.7762
=68.446

Current CPI (Mar. 2024) = 131.7762.

Nidec Chaun-Choung Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.493 100.560 42.580
201409 34.906 100.428 45.802
201412 37.094 99.070 49.340
201503 38.391 99.621 50.783
201506 35.260 100.684 46.149
201509 38.792 100.392 50.919
201512 40.470 99.792 53.441
201603 42.860 100.470 56.215
201606 39.951 101.688 51.772
201609 41.053 101.861 53.110
201612 43.802 101.863 56.665
201703 43.824 102.862 56.143
201706 37.838 103.349 48.246
201709 40.276 104.136 50.966
201712 41.679 104.011 52.805
201803 42.677 105.290 53.413
201806 40.640 106.317 50.372
201809 41.776 106.507 51.688
201812 44.454 105.998 55.265
201903 46.751 107.251 57.442
201906 44.465 108.070 54.219
201909 45.895 108.329 55.829
201912 47.011 108.420 57.138
202003 47.302 108.902 57.238
202006 44.123 108.767 53.457
202009 47.465 109.815 56.957
202012 51.107 109.897 61.282
202103 52.852 111.754 62.321
202106 53.015 114.631 60.944
202109 53.155 115.734 60.523
202112 54.065 117.630 60.567
202203 55.398 121.301 60.182
202206 56.396 125.017 59.445
202209 60.019 125.227 63.158
202212 62.060 125.222 65.308
202303 63.377 127.348 65.581
202306 63.305 128.729 64.804
202309 67.284 129.860 68.277
202312 66.426 129.419 67.636
202403 68.446 131.776 68.446

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


Nidec Chaun-Choung Technology  (TPE:6230) 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.

Nidec Chaun-Choung Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=306.50/56.41
=5.43

* 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 Nidec Chaun-Choung Technology was 7.51. The lowest was 1.93. And the median was 3.76.


Be Aware

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


Nidec Chaun-Choung Technology Cyclically Adjusted Book per Share Related Terms

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


Nidec Chaun-Choung Technology (TPE:6230) Business Description

Traded in Other Exchanges
N/A
Address
No. 184-3, Zhongxing North Street, Sanchong District, New Taipei, TWN, 241
Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipe and thermal module. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Singapore; Malaysia; the United States, and other countries. It generates maximum revenue from a thermal module.

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