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Chinese Gamer International (ROCO:3083) Cyclically Adjusted Book per Share : NT$16.58 (As of Mar. 2024)


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What is Chinese Gamer International 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.

Chinese Gamer International's adjusted book value per share for the three months ended in Mar. 2024 was NT$15.689. 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$16.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chinese Gamer International's average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.00% 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 Chinese Gamer International was -2.80% per year. The lowest was -3.00% per year. And the median was -2.90% per year.

As of today (2024-06-20), Chinese Gamer International's current stock price is NT$51.60. Chinese Gamer International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.58. Chinese Gamer International's Cyclically Adjusted PB Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chinese Gamer International was 5.13. The lowest was 2.19. And the median was 2.81.


Chinese Gamer International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chinese Gamer International'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.

Chinese Gamer International Cyclically Adjusted Book per Share Chart

Chinese Gamer International 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 18.76 18.09 17.59 17.24 16.53

Chinese Gamer International 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 17.18 17.03 16.85 16.53 16.58

Competitive Comparison of Chinese Gamer International's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Chinese Gamer International'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.


Chinese Gamer International's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Chinese Gamer International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chinese Gamer International 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, Chinese Gamer International'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)
=15.689/131.7762*131.7762
=15.689

Current CPI (Mar. 2024) = 131.7762.

Chinese Gamer International Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.041 100.560 24.952
201409 18.397 100.428 24.140
201412 17.485 99.070 23.257
201503 16.547 99.621 21.888
201506 15.640 100.684 20.470
201509 14.857 100.392 19.502
201512 13.856 99.792 18.297
201603 13.334 100.470 17.489
201606 13.047 101.688 16.907
201609 12.726 101.861 16.463
201612 12.766 101.863 16.515
201703 12.608 102.862 16.152
201706 12.756 103.349 16.265
201709 12.703 104.136 16.075
201712 12.231 104.011 15.496
201803 12.083 105.290 15.123
201806 11.656 106.317 14.447
201809 11.388 106.507 14.090
201812 11.994 105.998 14.911
201903 12.814 107.251 15.744
201906 13.039 108.070 15.899
201909 13.460 108.329 16.373
201912 13.332 108.420 16.204
202003 12.854 108.902 15.554
202006 14.388 108.767 17.432
202009 13.484 109.815 16.181
202012 14.227 109.897 17.059
202103 14.513 111.754 17.113
202106 13.781 114.631 15.842
202109 13.306 115.734 15.150
202112 13.469 117.630 15.089
202203 13.155 121.301 14.291
202206 12.814 125.017 13.507
202209 12.520 125.227 13.175
202212 12.735 125.222 13.402
202303 13.138 127.348 13.595
202306 13.598 128.729 13.920
202309 13.591 129.860 13.792
202312 15.292 129.419 15.570
202403 15.689 131.776 15.689

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


Chinese Gamer International  (ROCO:3083) 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.

Chinese Gamer International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=51.60/16.58
=3.11

* 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 Chinese Gamer International was 5.13. The lowest was 2.19. And the median was 2.81.


Be Aware

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


Chinese Gamer International Cyclically Adjusted Book per Share Related Terms

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


Chinese Gamer International (ROCO:3083) Business Description

Traded in Other Exchanges
N/A
Address
4F, No.2, Lane 47, Nangang Road, Section 3, Taipei, TWN
Chinese Gamer International Corp is a Taiwan-based, online game research and development company. Its core business activities include the development and operation of online games, mobile games, and cross-platform games. Its products include Jing Yong Online, Three Kingdoms Online, TS Online, Love Box, and Jing Yong 2 Online.

Chinese Gamer International (ROCO:3083) Headlines

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