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Tradetool Auto Co (ROCO:3685) Cyclically Adjusted Book per Share : NT$14.71 (As of Mar. 2025)


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What is Tradetool Auto 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.

Tradetool Auto Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$9.960. 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$14.71 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tradetool Auto Co's average Cyclically Adjusted Book Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.00% 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 Tradetool Auto Co was -0.10% per year. The lowest was -1.80% per year. And the median was -0.60% per year.

As of today (2025-07-02), Tradetool Auto Co's current stock price is NT$11.60. Tradetool Auto Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$14.71. Tradetool Auto Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tradetool Auto Co was 2.60. The lowest was 0.76. And the median was 1.36.


Tradetool Auto Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tradetool Auto 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.

Tradetool Auto Co Cyclically Adjusted Book per Share Chart

Tradetool Auto 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 15.39 15.56 15.64 15.13 14.73

Tradetool Auto 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 15.14 15.04 14.92 14.73 14.71

Competitive Comparison of Tradetool Auto Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Tradetool Auto 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.


Tradetool Auto Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tradetool Auto Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tradetool Auto 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, Tradetool Auto 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)
=9.96/134.9266*134.9266
=9.960

Current CPI (Mar. 2025) = 134.9266.

Tradetool Auto Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.433 100.684 22.022
201509 15.871 100.392 21.331
201512 13.332 99.792 18.026
201603 13.260 100.470 17.808
201606 13.457 101.688 17.856
201609 13.370 101.861 17.710
201612 13.993 101.863 18.535
201703 13.100 102.862 17.184
201706 13.124 103.349 17.134
201709 13.199 104.136 17.102
201712 13.844 104.011 17.959
201803 13.211 105.290 16.930
201806 11.713 106.317 14.865
201809 12.434 106.507 15.752
201812 12.510 105.998 15.924
201903 12.570 107.251 15.814
201906 12.024 108.070 15.012
201909 11.959 108.329 14.895
201912 12.032 108.420 14.974
202003 11.906 108.902 14.751
202006 11.528 108.767 14.301
202009 11.634 109.815 14.294
202012 12.025 109.897 14.764
202103 11.928 111.754 14.401
202106 11.628 114.631 13.687
202109 11.520 115.734 13.430
202112 11.842 117.630 13.583
202203 12.031 121.301 13.382
202206 11.990 125.017 12.940
202209 11.913 125.227 12.836
202212 11.330 125.222 12.208
202303 11.153 127.348 11.817
202306 10.926 128.729 11.452
202309 10.908 129.860 11.334
202312 10.441 129.419 10.885
202403 10.400 131.776 10.649
202406 10.275 132.554 10.459
202409 10.171 133.029 10.316
202412 10.068 133.157 10.202
202503 9.960 134.927 9.960

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


Tradetool Auto Co  (ROCO:3685) 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.

Tradetool Auto Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.60/14.71
=0.79

* 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 Tradetool Auto Co was 2.60. The lowest was 0.76. And the median was 1.36.


Be Aware

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


Tradetool Auto Co Cyclically Adjusted Book per Share Related Terms

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


Tradetool Auto Co Business Description

Traded in Other Exchanges
N/A
Address
No. 213 Chaofu Road, Room No. 7, 4th Floor, Xitun District, Taichung City, TWN, 407
Tradetool Auto Co Ltd is engaged in manufacturing and trading light guide plates, automotive stamping and welding parts, and developing and trading related molds. The company's department includes: Optical Injection Component Department, Metal Parts Stamping Department, Solar Energy Business Department, and Investment Business Department. The company generates the majority of its revenue from the Metal Parts Stamping Department, which is engaged in body metal stamping and welding, trading, and the development and trading of related molds.

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