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Senao Networks (ROCO:3558) Cyclically Adjusted Book per Share : NT$70.68 (As of Mar. 2024)


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What is Senao Networks 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.

Senao Networks's adjusted book value per share for the three months ended in Mar. 2024 was NT$97.019. 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$70.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Senao Networks's average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% 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 Senao Networks was 13.10% per year. The lowest was 13.10% per year. And the median was 13.10% per year.

As of today (2024-06-20), Senao Networks's current stock price is NT$185.00. Senao Networks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$70.68. Senao Networks's Cyclically Adjusted PB Ratio of today is 2.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Senao Networks was 5.79. The lowest was 1.69. And the median was 2.67.


Senao Networks Cyclically Adjusted Book per Share Historical Data

The historical data trend for Senao Networks'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.

Senao Networks Cyclically Adjusted Book per Share Chart

Senao Networks 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 - 47.24 54.07 61.69 68.37

Senao Networks 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 63.40 65.51 67.52 68.37 70.68

Competitive Comparison of Senao Networks's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Senao Networks'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.


Senao Networks's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Senao Networks 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, Senao Networks'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)
=97.019/131.7762*131.7762
=97.019

Current CPI (Mar. 2024) = 131.7762.

Senao Networks Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.368 100.560 50.279
201409 41.690 100.428 54.703
201412 45.291 99.070 60.243
201503 48.920 99.621 64.710
201506 43.342 100.684 56.726
201509 48.734 100.392 63.969
201512 52.281 99.792 69.037
201603 55.414 100.470 72.681
201606 45.645 101.688 59.151
201609 47.867 101.861 61.925
201612 50.599 101.863 65.458
201703 52.413 102.862 67.146
201706 45.941 103.349 58.577
201709 48.593 104.136 61.491
201712 51.932 104.011 65.795
201803 54.460 105.290 68.160
201806 51.071 106.317 63.301
201809 53.525 106.507 66.224
201812 55.482 105.998 68.975
201903 56.967 107.251 69.994
201906 52.629 108.070 64.174
201909 55.495 108.329 67.506
201912 57.523 108.420 69.915
202003 59.260 108.902 71.708
202006 55.393 108.767 67.111
202009 57.404 109.815 68.884
202012 59.811 109.897 71.719
202103 61.651 111.754 72.696
202106 59.266 114.631 68.130
202109 61.730 115.734 70.286
202112 64.998 117.630 72.815
202203 69.900 121.301 75.936
202206 71.013 125.017 74.853
202209 77.632 125.227 81.692
202212 84.194 125.222 88.601
202303 89.293 127.348 92.398
202306 89.491 128.729 91.610
202309 94.163 129.860 95.553
202312 94.355 129.419 96.073
202403 97.019 131.776 97.019

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


Senao Networks  (ROCO:3558) 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.

Senao Networks's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=185.00/70.68
=2.62

* 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 Senao Networks was 5.79. The lowest was 1.69. And the median was 2.67.


Be Aware

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


Senao Networks Cyclically Adjusted Book per Share Related Terms

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


Senao Networks (ROCO:3558) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 500, Fusing 3rd Road, Hwa Ya Technology Park, Kuei-shan Hsiang, Taoyuan, TWN, 333001
Senao Networks Inc is engaged in the manufacture and sales of wireless communication products. The company produces integrated wireless and wireline connectivity products, data networking, and wireless voice communications products.

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