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EJECTT (ROCO:3089) Cyclically Adjusted Book per Share : NT$17.56 (As of Sep. 2023)


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What is EJECTT 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.

EJECTT's adjusted book value per share for the three months ended in Sep. 2023 was NT$9.524. 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$17.56 for the trailing ten years ended in Sep. 2023.

During the past 12 months, EJECTT's average Cyclically Adjusted Book Growth Rate was -9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.80% 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 EJECTT was -4.80% per year. The lowest was -4.80% per year. And the median was -4.80% per year.

As of today (2024-06-23), EJECTT's current stock price is NT$81.00. EJECTT's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was NT$17.56. EJECTT's Cyclically Adjusted PB Ratio of today is 4.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EJECTT was 6.93. The lowest was 0.77. And the median was 1.62.


EJECTT Cyclically Adjusted Book per Share Historical Data

The historical data trend for EJECTT'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.

EJECTT Cyclically Adjusted Book per Share Chart

EJECTT 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 - 21.71 20.44 19.65 18.71

EJECTT Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 19.33 18.71 18.42 18.05 17.56

Competitive Comparison of EJECTT's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, EJECTT'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.


EJECTT's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



EJECTT 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, EJECTT's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=9.524/129.8595*129.8595
=9.524

Current CPI (Sep. 2023) = 129.8595.

EJECTT Quarterly Data

Book Value per Share CPI Adj_Book
201312 27.089 98.326 35.777
201403 34.829 99.695 45.367
201406 34.414 100.560 44.441
201409 33.471 100.428 43.280
201412 32.048 99.070 42.008
201503 30.989 99.621 40.395
201506 28.071 100.684 36.205
201509 27.670 100.392 35.792
201512 24.941 99.792 32.456
201603 23.790 100.470 30.749
201606 17.502 101.688 22.351
201609 8.595 101.861 10.958
201612 10.594 101.863 13.506
201703 10.025 102.862 12.656
201706 7.281 103.349 9.149
201709 7.225 104.136 9.010
201712 7.298 104.011 9.112
201803 8.494 105.290 10.476
201806 8.527 106.317 10.415
201809 8.443 106.507 10.294
201812 8.501 105.998 10.415
201903 8.604 107.251 10.418
201906 8.347 108.070 10.030
201909 8.301 108.329 9.951
201912 7.903 108.420 9.466
202003 7.396 108.902 8.819
202006 7.499 108.767 8.953
202009 9.830 109.815 11.624
202012 8.588 109.897 10.148
202103 8.576 111.754 9.965
202106 8.471 114.631 9.596
202109 8.025 115.734 9.004
202112 11.534 117.630 12.733
202203 11.480 121.301 12.290
202206 10.526 125.017 10.934
202209 9.279 125.227 9.622
202212 7.622 125.222 7.904
202303 8.180 127.348 8.341
202306 8.370 128.729 8.444
202309 9.524 129.860 9.524

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


EJECTT  (ROCO:3089) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.00/17.56
=4.61

* 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 EJECTT was 6.93. The lowest was 0.77. And the median was 1.62.


Be Aware

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


EJECTT Cyclically Adjusted Book per Share Related Terms

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


EJECTT (ROCO:3089) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EJECTT Inc (ROCO:3089) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
Neihu Road, Sector 1, 4th Floor, No. 118, Neihu District, Taipei City, TWN, 11493
EJECTT Inc is engaged in the manufacturing and processing of electrolytic capacitors, related materials, and components, solar power sales and engineering services, aerospace equipment assembly, installation, and sales, as well as the import and export of related products.

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