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Ablerex Electronics Co (ROCO:3628) Cyclically Adjusted Book per Share : NT$41.04 (As of Mar. 2024)


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What is Ablerex Electronics 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.

Ablerex Electronics Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$35.898. 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$41.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ablerex Electronics Co's average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Ablerex Electronics Co was 2.80% per year. The lowest was 1.90% per year. And the median was 2.35% per year.

As of today (2024-05-16), Ablerex Electronics Co's current stock price is NT$46.00. Ablerex Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$41.04. Ablerex Electronics Co's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ablerex Electronics Co was 1.50. The lowest was 0.65. And the median was 1.00.


Ablerex Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ablerex Electronics 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.

Ablerex Electronics Co Cyclically Adjusted Book per Share Chart

Ablerex Electronics Co 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 38.50 38.05 39.31 40.78 41.34

Ablerex Electronics Co 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 41.25 41.53 41.72 41.34 41.04

Competitive Comparison of Ablerex Electronics Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Ablerex Electronics 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.


Ablerex Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ablerex Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ablerex Electronics 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, Ablerex Electronics Co'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)
=35.898/129.4194*129.4194
=35.898

Current CPI (Mar. 2024) = 129.4194.

Ablerex Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 34.923 100.560 44.946
201409 36.783 100.428 47.402
201412 38.317 99.070 50.055
201503 39.342 99.621 51.110
201506 36.299 100.684 46.659
201509 37.506 100.392 48.351
201512 38.270 99.792 49.632
201603 37.715 100.470 48.582
201606 35.286 101.688 44.909
201609 35.072 101.861 44.561
201612 36.286 101.863 46.102
201703 35.506 102.862 44.673
201706 33.130 103.349 41.487
201709 33.820 104.136 42.031
201712 34.691 104.011 43.165
201803 35.328 105.290 43.424
201806 33.329 106.317 40.571
201809 33.369 106.507 40.548
201812 33.725 105.998 41.177
201903 33.652 107.251 40.608
201906 32.422 108.070 38.827
201909 32.744 108.329 39.119
201912 32.638 108.420 38.959
202003 31.637 108.902 37.598
202006 31.941 108.767 38.006
202009 32.169 109.815 37.912
202012 32.576 109.897 38.363
202103 31.606 111.754 36.602
202106 31.610 114.631 35.688
202109 31.896 115.734 35.668
202112 33.057 117.630 36.370
202203 32.364 121.301 34.530
202206 32.567 125.017 33.714
202209 33.366 125.227 34.483
202212 38.582 125.222 39.875
202303 36.768 127.348 37.366
202306 37.286 128.729 37.486
202309 37.985 129.860 37.856
202312 37.449 129.419 37.449
202403 35.898 129.419 35.898

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


Ablerex Electronics Co  (ROCO:3628) 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.

Ablerex Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.00/41.04
=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 Ablerex Electronics Co was 1.50. The lowest was 0.65. And the median was 1.00.


Be Aware

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


Ablerex Electronics Co Cyclically Adjusted Book per Share Related Terms

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


Ablerex Electronics Co (ROCO:3628) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 7, Baogao Road, 1st Floor, New Taipei, Xindian District, Taipei, TWN, 23144
Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supplies, and power quality devices. Its operating segment includes First Business Division; Second Business Division; Technical Services Division and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring, and management system, and active power filter.

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