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Avalue Technology (ROCO:3479) Cyclically Adjusted Book per Share : NT$39.42 (As of Mar. 2025)


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What is Avalue Technology 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.

Avalue Technology's adjusted book value per share for the three months ended in Mar. 2025 was NT$43.742. 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$39.42 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Avalue Technology's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Avalue Technology was 8.30% per year. The lowest was 7.00% per year. And the median was 7.20% per year.

As of today (2025-05-31), Avalue Technology's current stock price is NT$99.60. Avalue Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$39.42. Avalue Technology's Cyclically Adjusted PB Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Avalue Technology was 3.56. The lowest was 1.56. And the median was 2.34.


Avalue Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Avalue Technology'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.

Avalue Technology Cyclically Adjusted Book per Share Chart

Avalue Technology 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 28.87 31.63 34.50 36.67 38.76

Avalue Technology 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 37.52 38.04 38.48 38.76 39.42

Competitive Comparison of Avalue Technology's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Avalue Technology'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.


Avalue Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Avalue Technology 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, Avalue Technology'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)
=43.742/134.9266*134.9266
=43.742

Current CPI (Mar. 2025) = 134.9266.

Avalue Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.916 100.684 34.730
201509 27.858 100.392 37.441
201512 29.204 99.792 39.486
201603 30.086 100.470 40.404
201606 27.869 101.688 36.978
201609 28.759 101.861 38.095
201612 29.417 101.863 38.966
201703 29.434 102.862 38.609
201706 26.552 103.349 34.665
201709 28.100 104.136 36.409
201712 28.965 104.011 37.574
201803 29.470 105.290 37.765
201806 28.098 106.317 35.659
201809 28.847 106.507 36.544
201812 30.208 105.998 38.452
201903 31.166 107.251 39.208
201906 30.514 108.070 38.097
201909 32.115 108.329 40.000
201912 33.964 108.420 42.268
202003 31.528 108.902 39.063
202006 31.783 108.767 39.427
202009 32.431 109.815 39.847
202012 33.008 109.897 40.526
202103 30.714 111.754 37.083
202106 30.986 114.631 36.472
202109 31.819 115.734 37.096
202112 33.204 117.630 38.087
202203 32.487 121.301 36.136
202206 34.828 125.017 37.589
202209 37.706 125.227 40.627
202212 39.863 125.222 42.952
202303 37.312 127.348 39.533
202306 39.344 128.729 41.238
202309 42.481 129.860 44.139
202312 43.181 129.419 45.018
202403 40.503 131.776 41.471
202406 42.418 132.554 43.177
202409 44.004 133.029 44.632
202412 46.813 133.157 47.435
202503 43.742 134.927 43.742

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


Avalue Technology  (ROCO:3479) 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.

Avalue Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=99.60/39.42
=2.53

* 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 Avalue Technology was 3.56. The lowest was 1.56. And the median was 2.34.


Be Aware

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


Avalue Technology Cyclically Adjusted Book per Share Related Terms

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


Avalue Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 228 Liancheng Road, Zhonghe District, 7th Floor, New Taipei City, TWN, 235
Avalue Technology Inc designs, manufactures, processes, imports as well as exports PC-based industrial computer products. Its products include an embedded platform, industrial motherboard, applied panel computing, RISC platform and ODM service, industrial motherboard, intelligent system, and among others.

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