GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hunt Electronic Co Ltd (ROCO:3297) » Definitions » Cyclically Adjusted Book per Share

Hunt Electronic Co (ROCO:3297) Cyclically Adjusted Book per Share : NT$23.73 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Hunt Electronic 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.

Hunt Electronic Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$15.740. 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$23.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hunt Electronic Co's average Cyclically Adjusted Book Growth Rate was -3.70% 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 Hunt Electronic Co was 0.60% per year. The lowest was 0.60% per year. And the median was 0.60% per year.

As of today (2024-05-26), Hunt Electronic Co's current stock price is NT$20.80. Hunt Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$23.73. Hunt Electronic Co's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hunt Electronic Co was 1.07. The lowest was 0.37. And the median was 0.67.


Hunt Electronic Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hunt Electronic 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.

Hunt Electronic Co Cyclically Adjusted Book per Share Chart

Hunt Electronic 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 24.21 23.80 24.38 24.62 23.78

Hunt Electronic 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 24.64 24.51 24.31 23.78 23.73

Competitive Comparison of Hunt Electronic Co's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, Hunt Electronic 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.


Hunt Electronic Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hunt Electronic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hunt Electronic 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, Hunt Electronic 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)
=15.74/131.7762*131.7762
=15.740

Current CPI (Mar. 2024) = 131.7762.

Hunt Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.058 100.560 30.216
201409 23.669 100.428 31.057
201412 24.675 99.070 32.821
201503 25.033 99.621 33.113
201506 23.089 100.684 30.219
201509 23.568 100.392 30.936
201512 23.981 99.792 31.667
201603 23.919 100.470 31.372
201606 23.882 101.688 30.948
201609 22.951 101.861 29.691
201612 22.630 101.863 29.276
201703 22.246 102.862 28.499
201706 21.391 103.349 27.275
201709 20.979 104.136 26.547
201712 20.472 104.011 25.937
201803 20.274 105.290 25.374
201806 20.050 106.317 24.851
201809 19.835 106.507 24.541
201812 19.520 105.998 24.267
201903 19.295 107.251 23.707
201906 19.085 108.070 23.272
201909 18.860 108.329 22.942
201912 18.681 108.420 22.705
202003 18.553 108.902 22.450
202006 17.920 108.767 21.711
202009 17.635 109.815 21.162
202012 16.279 109.897 19.520
202103 16.150 111.754 19.043
202106 16.372 114.631 18.821
202109 16.172 115.734 18.414
202112 15.912 117.630 17.826
202203 16.076 121.301 17.464
202206 15.990 125.017 16.855
202209 16.394 125.227 17.251
202212 16.127 125.222 16.971
202303 15.701 127.348 16.247
202306 15.686 128.729 16.057
202309 15.967 129.860 16.203
202312 15.766 129.419 16.053
202403 15.740 131.776 15.740

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


Hunt Electronic Co  (ROCO:3297) 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.

Hunt Electronic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.80/23.73
=0.88

* 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 Hunt Electronic Co was 1.07. The lowest was 0.37. And the median was 0.67.


Be Aware

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


Hunt Electronic Co Cyclically Adjusted Book per Share Related Terms

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


Hunt Electronic Co (ROCO:3297) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Gongjian Road, Qidu District, Keelung City, TWN
Hunt Electronic Co Ltd manufactures and markets surveillance solution system in Taiwan. It is engaged in design, production and trading of IP security cameras such as portable camera, IP speed domes, IP cameras, NVRs, analog solution, PoE switches, digital video recorders, peripheral and others.

Hunt Electronic Co (ROCO:3297) Headlines

No Headlines