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Adda (ROCO:3071) Cyclically Adjusted Book per Share : NT$15.00 (As of Jun. 2024)


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What is Adda 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.

Adda's adjusted book value per share for the three months ended in Jun. 2024 was NT$13.322. 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$15.00 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Adda'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 3.10% 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 Adda was 3.10% per year. The lowest was 2.90% per year. And the median was 3.00% per year.

As of today (2024-09-22), Adda's current stock price is NT$31.00. Adda's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$15.00. Adda's Cyclically Adjusted PB Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adda was 2.97. The lowest was 0.97. And the median was 1.84.


Adda Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adda'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.

Adda Cyclically Adjusted Book per Share Chart

Adda 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 13.30 13.37 14.04 14.47 14.67

Adda 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 14.64 14.74 14.67 14.93 15.00

Competitive Comparison of Adda's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Adda'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.


Adda's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adda's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Adda 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, Adda'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)
=13.322/132.5538*132.5538
=13.322

Current CPI (Jun. 2024) = 132.5538.

Adda Quarterly Data

Book Value per Share CPI Adj_Book
201409 10.914 100.428 14.405
201412 11.151 99.070 14.920
201503 10.975 99.621 14.603
201506 10.919 100.684 14.375
201509 11.279 100.392 14.892
201512 11.111 99.792 14.759
201603 11.050 100.470 14.579
201606 11.050 101.688 14.404
201609 11.064 101.861 14.398
201612 11.121 101.863 14.472
201703 10.960 102.862 14.124
201706 11.811 103.349 15.149
201709 12.609 104.136 16.050
201712 12.927 104.011 16.474
201803 13.502 105.290 16.998
201806 12.946 106.317 16.141
201809 13.125 106.507 16.335
201812 13.443 105.998 16.811
201903 13.998 107.251 17.301
201906 13.090 108.070 16.056
201909 12.507 108.329 15.304
201912 12.719 108.420 15.550
202003 12.757 108.902 15.528
202006 11.766 108.767 14.339
202009 12.488 109.815 15.074
202012 12.984 109.897 15.661
202103 13.315 111.754 15.793
202106 13.583 114.631 15.707
202109 12.613 115.734 14.446
202112 13.152 117.630 14.821
202203 12.535 121.301 13.698
202206 13.039 125.017 13.825
202209 14.076 125.227 14.900
202212 14.165 125.222 14.994
202303 14.295 127.348 14.879
202306 12.950 128.729 13.335
202309 13.715 129.860 14.000
202312 13.420 129.419 13.745
202403 13.929 131.776 14.011
202406 13.322 132.554 13.322

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


Adda  (ROCO:3071) 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.

Adda's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.00/15
=2.07

* 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 Adda was 2.97. The lowest was 0.97. And the median was 1.84.


Be Aware

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


Adda Cyclically Adjusted Book per Share Related Terms

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


Adda Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 6, East Section Industry 6th Road, Pingtung County, Pingtung, TWN, 90049
Adda Corp is a Taiwan-based company that engages in the manufacturing and sales of computer fans, power switches, and electrical equipment. It has two reportable segments Fan division and Other division. It generate the majority of its revenue from Fan division. Its product include Fan series, Thermal modules, Applications, and Accessories.

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