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Radiant Innovation (ROCO:3373) Cyclically Adjusted Book per Share : NT$23.90 (As of Mar. 2025)


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What is Radiant Innovation 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.

Radiant Innovation's adjusted book value per share for the three months ended in Mar. 2025 was NT$19.658. 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$23.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Radiant Innovation's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Radiant Innovation was 11.10% per year. The lowest was 6.50% per year. And the median was 10.40% per year.

As of today (2025-05-15), Radiant Innovation's current stock price is NT$21.80. Radiant Innovation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$23.90. Radiant Innovation's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Radiant Innovation was 9.18. The lowest was 0.78. And the median was 1.19.


Radiant Innovation Cyclically Adjusted Book per Share Historical Data

The historical data trend for Radiant Innovation'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.

Radiant Innovation Cyclically Adjusted Book per Share Chart

Radiant Innovation 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 16.96 19.56 21.60 22.85 23.66

Radiant Innovation 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 23.37 23.58 23.68 23.66 23.90

Competitive Comparison of Radiant Innovation's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Radiant Innovation'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.


Radiant Innovation's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Radiant Innovation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Radiant Innovation 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, Radiant Innovation'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)
=19.658/134.9266*134.9266
=19.658

Current CPI (Mar. 2025) = 134.9266.

Radiant Innovation Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.033 100.684 21.486
201509 16.859 100.392 22.659
201512 17.090 99.792 23.107
201603 17.483 100.470 23.479
201606 16.402 101.688 21.763
201609 16.253 101.861 21.529
201612 15.850 101.863 20.995
201703 15.491 102.862 20.320
201706 15.422 103.349 20.134
201709 15.644 104.136 20.270
201712 15.476 104.011 20.076
201803 15.572 105.290 19.955
201806 15.468 106.317 19.630
201809 15.326 106.507 19.416
201812 15.387 105.998 19.586
201903 15.557 107.251 19.571
201906 15.110 108.070 18.865
201909 15.174 108.329 18.900
201912 15.217 108.420 18.937
202003 18.773 108.902 23.259
202006 23.896 108.767 29.643
202009 29.082 109.815 35.732
202012 31.110 109.897 38.196
202103 34.860 111.754 42.088
202106 34.460 114.631 40.561
202109 24.180 115.734 28.190
202112 24.667 117.630 28.294
202203 24.948 121.301 27.750
202206 23.438 125.017 25.296
202209 23.860 125.227 25.708
202212 23.597 125.222 25.426
202303 22.861 127.348 24.222
202306 21.924 128.729 22.980
202309 21.965 129.860 22.822
202312 21.392 129.419 22.302
202403 21.413 131.776 21.925
202406 20.413 132.554 20.778
202409 20.125 133.029 20.412
202412 20.002 133.157 20.268
202503 19.658 134.927 19.658

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


Radiant Innovation  (ROCO:3373) 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.

Radiant Innovation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.80/23.90
=0.91

* 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 Radiant Innovation was 9.18. The lowest was 0.78. And the median was 1.19.


Be Aware

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


Radiant Innovation Cyclically Adjusted Book per Share Related Terms

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


Radiant Innovation Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, No. 3, Industrial East 9th Road, Science-Based Industrial Park, HsinChu, TWN, 300
Radiant Innovation Inc is engaged in the manufacture and distribution of medical instruments in Taiwan. It provides infrared ear thermometers, multi-function thermometers, infrared forehead thermometers as well as carbon dioxide detectors.

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