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GBTKF (Globetronics Technology Bhd) Cyclically Adjusted Book per Share : $0.51 (As of Jun. 2024)


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What is Globetronics Technology Bhd 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.

Globetronics Technology Bhd's adjusted book value per share for the three months ended in Jun. 2024 was $0.097. 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 $0.51 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Globetronics Technology Bhd's 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.

As of today (2024-09-22), Globetronics Technology Bhd's current stock price is $1.4115. Globetronics Technology Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $0.51. Globetronics Technology Bhd's Cyclically Adjusted PB Ratio of today is 2.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globetronics Technology Bhd was 4.77. The lowest was 1.04. And the median was 2.70.


Globetronics Technology Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Globetronics Technology Bhd'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.

Globetronics Technology Bhd Cyclically Adjusted Book per Share Chart

Globetronics Technology Bhd 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 - - - 0.62 0.45

Globetronics Technology Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.58 0.47 0.45 0.51 0.51

Competitive Comparison of Globetronics Technology Bhd's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Globetronics Technology Bhd'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.


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

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

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



Globetronics Technology Bhd 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, Globetronics Technology Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.097/132.5538*132.5538
=0.097

Current CPI (Jun. 2024) = 132.5538.

Globetronics Technology Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.141 100.428 0.186
201412 0.125 99.070 0.167
201503 0.116 99.621 0.154
201506 0.123 100.684 0.162
201509 0.110 100.392 0.145
201512 0.106 99.792 0.141
201603 0.104 100.470 0.137
201606 0.106 101.688 0.138
201609 0.104 101.861 0.135
201612 0.090 101.863 0.117
201703 0.088 102.862 0.113
201706 0.095 103.349 0.122
201709 0.097 104.136 0.123
201712 0.104 104.011 0.133
201803 0.107 105.290 0.135
201806 0.109 106.317 0.136
201809 0.108 106.507 0.134
201812 0.108 105.998 0.135
201903 0.104 107.251 0.129
201906 0.105 108.070 0.129
201909 0.107 108.329 0.131
201912 0.107 108.420 0.131
202003 0.100 108.902 0.122
202006 0.102 108.767 0.124
202009 0.107 109.815 0.129
202012 0.109 109.897 0.131
202103 0.105 111.754 0.125
202106 0.107 114.631 0.124
202109 0.107 115.734 0.123
202112 0.107 117.630 0.121
202203 0.103 121.301 0.113
202206 0.102 125.017 0.108
202209 0.099 125.227 0.105
202212 0.102 125.222 0.108
202303 0.097 127.348 0.101
202306 0.096 128.729 0.099
202309 0.097 129.860 0.099
202312 0.098 129.419 0.100
202403 0.095 131.776 0.096
202406 0.097 132.554 0.097

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


Globetronics Technology Bhd  (OTCPK:GBTKF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.4115/0.51
=2.77

* 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 Globetronics Technology Bhd was 4.77. The lowest was 1.04. And the median was 2.70.


Be Aware

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


Globetronics Technology Bhd Cyclically Adjusted Book per Share Related Terms

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


Globetronics Technology Bhd Business Description

Traded in Other Exchanges
Address
Plot 2, Phase 4, Free Industrial Zone, Bayan Lepas, PNG, MYS, 11900
Globetronics Technology Bhd develops and manufactures integrated circuits, light-emitting diode components, encoders and sensors, quartz crystal products, timing devices, and related products. Sensors are the leading revenue contributor for the company. Globetronics builds its sensors and encoders for a variety of automation and industrial applications. Sales volume is also significantly dependent on revenue generated from quartz crystal and timing devices. These devices are used in a multitude of electronic products, such as mobile devices, GPS, and PCs. Sales are primarily in Malaysia, Singapore and United States markets.

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