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Easywell Biomedicals (ROCO:1799) Cyclically Adjusted Book per Share : NT$13.59 (As of Mar. 2024)


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What is Easywell Biomedicals 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.

Easywell Biomedicals's adjusted book value per share for the three months ended in Mar. 2024 was NT$6.195. 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$13.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Easywell Biomedicals's average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.30% 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 Easywell Biomedicals was -2.30% per year. The lowest was -3.50% per year. And the median was -2.90% per year.

As of today (2024-05-26), Easywell Biomedicals's current stock price is NT$105.00. Easywell Biomedicals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.59. Easywell Biomedicals's Cyclically Adjusted PB Ratio of today is 7.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Easywell Biomedicals was 7.73. The lowest was 0.74. And the median was 1.55.


Easywell Biomedicals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Easywell Biomedicals'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.

Easywell Biomedicals Cyclically Adjusted Book per Share Chart

Easywell Biomedicals 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 15.45 14.54 14.07 13.88 13.57

Easywell Biomedicals 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 13.94 13.93 13.81 13.57 13.59

Competitive Comparison of Easywell Biomedicals's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Easywell Biomedicals'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.


Easywell Biomedicals's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Easywell Biomedicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Easywell Biomedicals 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, Easywell Biomedicals'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)
=6.195/131.7762*131.7762
=6.195

Current CPI (Mar. 2024) = 131.7762.

Easywell Biomedicals Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.072 100.560 14.509
201409 15.339 100.428 20.127
201412 14.761 99.070 19.634
201503 20.605 99.621 27.256
201506 19.920 100.684 26.072
201509 19.655 100.392 25.800
201512 18.605 99.792 24.568
201603 17.784 100.470 23.325
201606 16.699 101.688 21.640
201609 15.342 101.861 19.848
201612 15.834 101.863 20.484
201703 15.086 102.862 19.327
201706 14.158 103.349 18.052
201709 12.876 104.136 16.294
201712 13.629 104.011 17.267
201803 12.713 105.290 15.911
201806 12.000 106.317 14.874
201809 11.528 106.507 14.263
201812 10.245 105.998 12.737
201903 9.852 107.251 12.105
201906 8.952 108.070 10.916
201909 8.277 108.329 10.068
201912 7.607 108.420 9.246
202003 7.109 108.902 8.602
202006 7.862 108.767 9.525
202009 7.311 109.815 8.773
202012 7.137 109.897 8.558
202103 7.189 111.754 8.477
202106 8.379 114.631 9.632
202109 7.943 115.734 9.044
202112 7.556 117.630 8.465
202203 7.188 121.301 7.809
202206 6.937 125.017 7.312
202209 6.836 125.227 7.194
202212 6.387 125.222 6.721
202303 5.955 127.348 6.162
202306 5.754 128.729 5.890
202309 5.546 129.860 5.628
202312 5.231 129.419 5.326
202403 6.195 131.776 6.195

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


Easywell Biomedicals  (ROCO:1799) 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.

Easywell Biomedicals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=105.00/13.59
=7.73

* 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 Easywell Biomedicals was 7.73. The lowest was 0.74. And the median was 1.55.


Be Aware

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


Easywell Biomedicals Cyclically Adjusted Book per Share Related Terms

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


Easywell Biomedicals (ROCO:1799) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Yanfa 2nd Rd, Hsinchu Science Park, 1st floor, Hsinchu, TWN, 30076
Easywell Biomedicals Inc is engaged in the design, manufacture, and sales of thermometers for measuring body temperature and other medical instruments such as digital clinical thermometers, infrared ear thermometers, probe covers, and blood/urine/total cholesterol metabolites monitoring systems, among others. It has a Drug development segment and Other segments.

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