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K World Computer Co (ROCO:3287) Cyclically Adjusted Book per Share : NT$12.14 (As of Mar. 2024)


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What is K World Computer 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.

K World Computer Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$13.582. 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$12.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, K World Computer Co's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 K World Computer Co was 3.30% per year. The lowest was 2.40% per year. And the median was 2.85% per year.

As of today (2024-06-05), K World Computer Co's current stock price is NT$47.90. K World Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$12.14. K World Computer Co's Cyclically Adjusted PB Ratio of today is 3.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of K World Computer Co was 4.20. The lowest was 0.55. And the median was 1.47.


K World Computer Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for K World Computer 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.

K World Computer Co Cyclically Adjusted Book per Share Chart

K World Computer Co 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 10.93 10.83 11.27 11.75 11.94

K World Computer Co 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 11.91 11.98 12.03 11.94 12.14

Competitive Comparison of K World Computer Co's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, K World Computer 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.


K World Computer Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where K World Computer Co's Cyclically Adjusted PB Ratio falls into.



K World Computer 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, K World Computer 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)
=13.582/131.7762*131.7762
=13.582

Current CPI (Mar. 2024) = 131.7762.

K World Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.614 100.560 13.909
201409 10.654 100.428 13.980
201412 10.700 99.070 14.232
201503 10.347 99.621 13.687
201506 10.261 100.684 13.430
201509 10.390 100.392 13.638
201512 10.050 99.792 13.271
201603 9.673 100.470 12.687
201606 9.322 101.688 12.080
201609 9.231 101.861 11.942
201612 9.200 101.863 11.902
201703 9.040 102.862 11.581
201706 8.740 103.349 11.144
201709 8.589 104.136 10.869
201712 8.725 104.011 11.054
201803 8.928 105.290 11.174
201806 8.896 106.317 11.026
201809 8.632 106.507 10.680
201812 8.544 105.998 10.622
201903 8.632 107.251 10.606
201906 8.653 108.070 10.551
201909 8.693 108.329 10.575
201912 8.755 108.420 10.641
202003 8.863 108.902 10.725
202006 9.215 108.767 11.164
202009 10.221 109.815 12.265
202012 10.406 109.897 12.478
202103 10.811 111.754 12.748
202106 11.012 114.631 12.659
202109 11.099 115.734 12.637
202112 11.585 117.630 12.978
202203 11.652 121.301 12.658
202206 11.473 125.017 12.093
202209 11.638 125.227 12.247
202212 11.627 125.222 12.236
202303 11.967 127.348 12.383
202306 11.993 128.729 12.277
202309 12.138 129.860 12.317
202312 12.545 129.419 12.773
202403 13.582 131.776 13.582

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


K World Computer Co  (ROCO:3287) 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.

K World Computer Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.90/12.14
=3.95

* 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 K World Computer Co was 4.20. The lowest was 0.55. And the median was 1.47.


Be Aware

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


K World Computer Co Cyclically Adjusted Book per Share Related Terms

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


K World Computer Co (ROCO:3287) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6 Floor, No.113, Jianer Road, Zhonghe District, New Taipei, TWN, 23585
K World Computer Co Ltd is engaged in the sales, manufacturing and research and development of computer peripheral products. Its products and services include, gaming earphones, wall charger, car charger, pure Analog TV tuner cards to Hybrid TV tuner sticks.

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