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Good Way Technology Co (ROCO:3272) Cyclically Adjusted Book per Share : NT$32.66 (As of Mar. 2025)


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What is Good Way Technology 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.

Good Way Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$24.920. 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$32.66 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Good Way Technology Co'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 8.90% 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 Good Way Technology Co was 8.90% per year. The lowest was 8.90% per year. And the median was 8.90% per year.

As of today (2025-05-31), Good Way Technology Co's current stock price is NT$27.00. Good Way Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$32.66. Good Way Technology Co's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Good Way Technology Co was 1.75. The lowest was 0.65. And the median was 1.09.


Good Way Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Good Way Technology 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.

Good Way Technology Co Cyclically Adjusted Book per Share Chart

Good Way Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 25.08 29.21 30.97 32.38

Good Way Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 31.87 32.37 32.45 32.38 32.66

Competitive Comparison of Good Way Technology Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Good Way Technology 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.


Good Way Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Good Way Technology Co's Cyclically Adjusted PB Ratio falls into.


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Good Way Technology 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, Good Way Technology Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.92/134.9266*134.9266
=24.920

Current CPI (Mar. 2025) = 134.9266.

Good Way Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.585 100.684 30.266
201509 24.222 100.392 32.554
201512 25.142 99.792 33.994
201603 25.311 100.470 33.991
201606 24.162 101.688 32.060
201609 24.305 101.861 32.195
201612 25.798 101.863 34.172
201703 25.093 102.862 32.915
201706 25.210 103.349 32.913
201709 26.451 104.136 34.272
201712 26.894 104.011 34.888
201803 26.881 105.290 34.448
201806 26.321 106.317 33.404
201809 26.519 106.507 33.595
201812 27.386 105.998 34.860
201903 27.765 107.251 34.930
201906 27.018 108.070 33.732
201909 27.009 108.329 33.640
201912 27.376 108.420 34.069
202003 26.952 108.902 33.393
202006 27.426 108.767 34.022
202009 30.329 109.815 37.264
202012 31.679 109.897 38.894
202103 31.803 111.754 38.397
202106 31.786 114.631 37.414
202109 29.988 115.734 34.961
202112 30.441 117.630 34.917
202203 29.934 121.301 33.296
202206 27.345 125.017 29.513
202209 30.951 125.227 33.348
202212 33.845 125.222 36.468
202303 30.722 127.348 32.550
202306 27.731 128.729 29.066
202309 28.117 129.860 29.214
202312 25.486 129.419 26.571
202403 26.934 131.776 27.578
202406 26.289 132.554 26.760
202409 24.900 133.029 25.255
202412 25.310 133.157 25.646
202503 24.920 134.927 24.920

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


Good Way Technology Co  (ROCO:3272) 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.

Good Way Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.00/32.66
=0.83

* 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 Good Way Technology Co was 1.75. The lowest was 0.65. And the median was 1.09.


Be Aware

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


Good Way Technology Co Cyclically Adjusted Book per Share Related Terms

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


Good Way Technology Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 135, Lane. 235, Baociao Road, 3rd Floor, Sindian District, New Taipei City, TWN, 231
Good Way Technology Co Ltd is engaged in the manufacture of computers and USB peripherals products, multifunctional docking stations, video and audio converters, wireless peripherals products, Internet of Things application products, design, research, and development of software and import and export business of related materials of products.

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