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Sunnic Technology & Merchandise (ROCO:3360) Cyclically Adjusted Book per Share : NT$15.79 (As of Mar. 2024)


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What is Sunnic Technology & Merchandise 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.

Sunnic Technology & Merchandise's adjusted book value per share for the three months ended in Mar. 2024 was NT$11.591. 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$15.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sunnic Technology & Merchandise's average Cyclically Adjusted Book Growth Rate was 2.60% 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 Sunnic Technology & Merchandise was 4.80% per year. The lowest was 4.40% per year. And the median was 4.60% per year.

As of today (2024-06-05), Sunnic Technology & Merchandise's current stock price is NT$17.75. Sunnic Technology & Merchandise's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$15.79. Sunnic Technology & Merchandise's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sunnic Technology & Merchandise was 1.54. The lowest was 0.73. And the median was 0.97.


Sunnic Technology & Merchandise Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sunnic Technology & Merchandise'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.

Sunnic Technology & Merchandise Cyclically Adjusted Book per Share Chart

Sunnic Technology & Merchandise 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 13.34 13.49 14.35 15.17 15.54

Sunnic Technology & Merchandise 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 15.39 15.50 15.62 15.54 15.79

Competitive Comparison of Sunnic Technology & Merchandise's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Sunnic Technology & Merchandise'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.


Sunnic Technology & Merchandise's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Sunnic Technology & Merchandise's Cyclically Adjusted PB Ratio falls into.



Sunnic Technology & Merchandise 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, Sunnic Technology & Merchandise'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)
=11.591/131.7762*131.7762
=11.591

Current CPI (Mar. 2024) = 131.7762.

Sunnic Technology & Merchandise Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.523 100.560 13.790
201409 13.508 100.428 17.725
201412 13.899 99.070 18.488
201503 14.050 99.621 18.585
201506 13.360 100.684 17.486
201509 13.472 100.392 17.684
201512 14.008 99.792 18.498
201603 13.572 100.470 17.801
201606 12.210 101.688 15.823
201609 13.613 101.861 17.611
201612 14.034 101.863 18.155
201703 14.178 102.862 18.163
201706 13.153 103.349 16.771
201709 12.921 104.136 16.351
201712 12.526 104.011 15.870
201803 12.527 105.290 15.678
201806 12.454 106.317 15.436
201809 12.560 106.507 15.540
201812 12.696 105.998 15.784
201903 12.924 107.251 15.879
201906 12.842 108.070 15.659
201909 13.007 108.329 15.822
201912 12.859 108.420 15.629
202003 13.213 108.902 15.988
202006 13.028 108.767 15.784
202009 13.336 109.815 16.003
202012 13.148 109.897 15.766
202103 13.443 111.754 15.851
202106 13.550 114.631 15.577
202109 12.847 115.734 14.628
202112 13.502 117.630 15.126
202203 14.033 121.301 15.245
202206 14.170 125.017 14.936
202209 14.518 125.227 15.277
202212 13.953 125.222 14.683
202303 13.484 127.348 13.953
202306 12.444 128.729 12.739
202309 12.038 129.860 12.216
202312 11.668 129.419 11.880
202403 11.591 131.776 11.591

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


Sunnic Technology & Merchandise  (ROCO:3360) 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.

Sunnic Technology & Merchandise's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.75/15.79
=1.12

* 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 Sunnic Technology & Merchandise was 1.54. The lowest was 0.73. And the median was 0.97.


Be Aware

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


Sunnic Technology & Merchandise Cyclically Adjusted Book per Share Related Terms

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


Sunnic Technology & Merchandise (ROCO:3360) Business Description

Traded in Other Exchanges
N/A
Address
No. 76, Zhouzi Street, 6th Floor, Neihu District, Taipei, TWN, 114
Sunnic Technology & Merchandise Inc is engaged in the operation including dealership and distribution of electronic parts and components and production equipment, technology solutions integration and marketing, product manufacturing technique counseling and consultation, product sale, and marketing, and after-sales technical service.

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