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I Yuan Precision Ind Co (ROCO:2235) Cyclically Adjusted Book per Share : NT$39.97 (As of Mar. 2024)


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What is I Yuan Precision Ind 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.

I Yuan Precision Ind Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$37.116. 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$39.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, I Yuan Precision Ind Co's average Cyclically Adjusted Book Growth Rate was 7.20% 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 (2024-06-05), I Yuan Precision Ind Co's current stock price is NT$59.10. I Yuan Precision Ind Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$39.97. I Yuan Precision Ind Co's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of I Yuan Precision Ind Co was 1.49. The lowest was 1.07. And the median was 1.18.


I Yuan Precision Ind Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for I Yuan Precision Ind 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.

I Yuan Precision Ind Co Cyclically Adjusted Book per Share Chart

I Yuan Precision Ind Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 33.58 37.27

I Yuan Precision Ind Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 37.27 38.24 38.92 39.18 39.97

Competitive Comparison of I Yuan Precision Ind Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, I Yuan Precision Ind 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.


I Yuan Precision Ind Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, I Yuan Precision Ind Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where I Yuan Precision Ind Co's Cyclically Adjusted PB Ratio falls into.



I Yuan Precision Ind 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, I Yuan Precision Ind 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)
=37.116/131.7762*131.7762
=37.116

Current CPI (Mar. 2024) = 131.7762.

I Yuan Precision Ind Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 21.947 100.560 28.760
201409 23.203 100.428 30.446
201412 28.210 99.070 37.523
201503 29.612 99.621 39.170
201506 31.024 100.684 40.605
201509 29.068 100.392 38.155
201512 30.385 99.792 40.123
201603 31.677 100.470 41.547
201606 28.075 101.688 36.382
201609 29.477 101.861 38.134
201612 31.029 101.863 40.141
201703 31.967 102.862 40.953
201706 29.276 103.349 37.329
201709 30.187 104.136 38.200
201712 30.960 104.011 39.225
201803 37.276 105.290 46.653
201806 34.547 106.317 42.820
201809 35.458 106.507 43.871
201812 36.222 105.998 45.031
201903 37.148 107.251 45.643
201906 35.108 108.070 42.809
201909 36.056 108.329 43.860
201912 36.272 108.420 44.086
202003 36.910 108.902 44.663
202006 34.203 108.767 41.438
202009 34.877 109.815 41.852
202012 35.301 109.897 42.329
202103 35.620 111.754 42.002
202106 35.836 114.631 41.196
202109 34.406 115.734 39.175
202112 34.692 117.630 38.864
202203 35.983 121.301 39.090
202206 35.892 125.017 37.833
202209 38.477 125.227 40.489
202212 37.802 125.222 39.781
202303 38.013 127.348 39.335
202306 34.908 128.729 35.734
202309 36.084 129.860 36.617
202403 37.116 131.776 37.116

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


I Yuan Precision Ind Co  (ROCO:2235) 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.

I Yuan Precision Ind Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=59.10/39.97
=1.48

* 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 I Yuan Precision Ind Co was 1.49. The lowest was 1.07. And the median was 1.18.


Be Aware

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


I Yuan Precision Ind Co Cyclically Adjusted Book per Share Related Terms

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


I Yuan Precision Ind Co (ROCO:2235) Business Description

Traded in Other Exchanges
N/A
Address
No.24, Dinghu Road, Guishan Township, Taoyuan, TWN
I Yuan Precision Ind Co Ltd is engaged in the manufacturing, production, and trade of automotive parts such as water jet motors and water jets. It is also involved in processing and trading of other auto parts.

I Yuan Precision Ind Co (ROCO:2235) Headlines

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