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Flexium Interconnect (TPE:6269) Cyclically Adjusted Book per Share : NT$70.92 (As of Mar. 2024)


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What is Flexium Interconnect 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.

Flexium Interconnect's adjusted book value per share for the three months ended in Mar. 2024 was NT$75.210. 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$70.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Flexium Interconnect's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.00% 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 Flexium Interconnect was 15.10% per year. The lowest was 13.90% per year. And the median was 14.10% per year.

As of today (2024-06-13), Flexium Interconnect's current stock price is NT$86.80. Flexium Interconnect's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$70.92. Flexium Interconnect's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Flexium Interconnect was 3.29. The lowest was 1.22. And the median was 1.98.


Flexium Interconnect Cyclically Adjusted Book per Share Historical Data

The historical data trend for Flexium Interconnect'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.

Flexium Interconnect Cyclically Adjusted Book per Share Chart

Flexium Interconnect 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 42.56 46.42 54.86 62.89 68.87

Flexium Interconnect 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 64.91 66.59 68.18 68.87 70.92

Competitive Comparison of Flexium Interconnect's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Flexium Interconnect'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.


Flexium Interconnect's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Flexium Interconnect 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, Flexium Interconnect'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)
=75.21/131.7762*131.7762
=75.210

Current CPI (Mar. 2024) = 131.7762.

Flexium Interconnect Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.629 100.560 40.137
201409 32.411 100.428 42.528
201412 36.106 99.070 48.026
201503 39.672 99.621 52.477
201506 41.761 100.684 54.657
201509 47.668 100.392 62.570
201512 50.449 99.792 66.618
201603 50.511 100.470 66.250
201606 46.690 101.688 60.505
201609 49.788 101.861 64.410
201612 53.016 101.863 68.585
201703 53.625 102.862 68.699
201706 50.665 103.349 64.601
201709 54.623 104.136 69.122
201712 58.061 104.011 73.560
201803 59.096 105.290 73.962
201806 54.355 106.317 67.371
201809 57.061 106.507 70.599
201812 62.297 105.998 77.447
201903 62.912 107.251 77.299
201906 58.465 108.070 71.290
201909 60.502 108.329 73.597
201912 66.354 108.420 80.648
202003 68.286 108.902 82.629
202006 64.154 108.767 77.725
202009 68.578 109.815 82.293
202012 70.723 109.897 84.803
202103 67.846 111.754 80.001
202106 66.405 114.631 76.337
202109 69.066 115.734 78.639
202112 73.106 117.630 81.898
202203 70.576 121.301 76.671
202206 70.124 125.017 73.915
202209 75.910 125.227 79.880
202212 77.285 125.222 81.330
202303 72.976 127.348 75.514
202306 73.938 128.729 75.688
202309 78.004 129.860 79.155
202312 78.735 129.419 80.169
202403 75.210 131.776 75.210

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


Flexium Interconnect  (TPE:6269) 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.

Flexium Interconnect's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.80/70.92
=1.22

* 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 Flexium Interconnect was 3.29. The lowest was 1.22. And the median was 1.98.


Be Aware

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


Flexium Interconnect Cyclically Adjusted Book per Share Related Terms

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


Flexium Interconnect (TPE:6269) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Shangfa 5th Road, Hefa Industrial Park, Daliao District, Kaohsiung, TWN, 831132
Flexium Interconnect Inc operates in manufacturing and sale of flexible PCBs. The company has a business presence in Asia, Europe, America, Taiwan and China.

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