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Hep Tech Co (ROCO:3609) Cyclically Adjusted Book per Share : NT$18.51 (As of Mar. 2025)


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What is Hep Tech 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.

Hep Tech Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$6.413. 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$18.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Hep Tech Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.20% 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 Hep Tech Co was -0.30% per year. The lowest was -3.90% per year. And the median was -1.30% per year.

As of today (2025-05-15), Hep Tech Co's current stock price is NT$39.80. Hep Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$18.51. Hep Tech Co's Cyclically Adjusted PB Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hep Tech Co was 3.11. The lowest was 0.76. And the median was 2.04.


Hep Tech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hep Tech 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.

Hep Tech Co Cyclically Adjusted Book per Share Chart

Hep Tech Co 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 21.18 21.20 21.30 20.39 18.82

Hep Tech Co 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 20.25 19.84 19.36 18.82 18.51

Competitive Comparison of Hep Tech Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Hep Tech 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.


Hep Tech Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Hep Tech 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, Hep Tech Co'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)
=6.413/134.9266*134.9266
=6.413

Current CPI (Mar. 2025) = 134.9266.

Hep Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.042 100.684 28.198
201509 21.441 100.392 28.817
201512 18.945 99.792 25.615
201603 18.232 100.470 24.485
201606 18.354 101.688 24.353
201609 18.076 101.861 23.944
201612 16.129 101.863 21.364
201703 15.757 102.862 20.669
201706 16.281 103.349 21.256
201709 16.560 104.136 21.456
201712 16.676 104.011 21.633
201803 16.982 105.290 21.762
201806 17.150 106.317 21.765
201809 16.925 106.507 21.441
201812 16.951 105.998 21.577
201903 17.122 107.251 21.540
201906 16.668 108.070 20.810
201909 16.399 108.329 20.425
201912 16.288 108.420 20.270
202003 16.288 108.902 20.180
202006 16.330 108.767 20.257
202009 16.225 109.815 19.935
202012 16.159 109.897 19.839
202103 15.838 111.754 19.122
202106 15.860 114.631 18.668
202109 14.401 115.734 16.789
202112 14.482 117.630 16.612
202203 14.390 121.301 16.006
202206 13.699 125.017 14.785
202209 16.869 125.227 18.176
202212 18.105 125.222 19.508
202303 14.724 127.348 15.600
202306 12.943 128.729 13.566
202309 11.618 129.860 12.071
202312 10.066 129.419 10.494
202403 8.803 131.776 9.013
202406 7.782 132.554 7.921
202409 6.669 133.029 6.764
202412 7.321 133.157 7.418
202503 6.413 134.927 6.413

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


Hep Tech Co  (ROCO:3609) 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.

Hep Tech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.80/18.51
=2.15

* 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 Hep Tech Co was 3.11. The lowest was 0.76. And the median was 2.04.


Be Aware

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


Hep Tech Co Cyclically Adjusted Book per Share Related Terms

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


Hep Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hep Tech Co Ltd (ROCO:3609) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
No. 20, Jingke 7th Road, Nautun District, Taichung, TWN
Hep Tech Co Ltd manufactures electronic lighting control gears for industrial and commercial purposes. Its products include LED driver, fluorescent ECG, emergency lighting units, electronic transformers, and other products.

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