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Taiw Fructose Co (ROCO:4207) Cyclically Adjusted Book per Share : NT$11.94 (As of Mar. 2025)


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What is Taiw Fructose 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.

Taiw Fructose Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$13.195. 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$11.94 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Taiw Fructose Co's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Taiw Fructose Co was 5.60% per year. The lowest was 4.40% per year. And the median was 5.00% per year.

As of today (2025-05-30), Taiw Fructose Co's current stock price is NT$16.25. Taiw Fructose Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$11.94. Taiw Fructose Co's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taiw Fructose Co was 1.61. The lowest was 0.73. And the median was 1.12.


Taiw Fructose Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taiw Fructose 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.

Taiw Fructose Co Cyclically Adjusted Book per Share Chart

Taiw Fructose 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 9.62 10.33 10.96 11.33 11.76

Taiw Fructose 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 11.53 11.61 11.70 11.76 11.94

Competitive Comparison of Taiw Fructose Co's Cyclically Adjusted Book per Share

For the Confectioners subindustry, Taiw Fructose 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.


Taiw Fructose Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiw Fructose Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Taiw Fructose 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, Taiw Fructose 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)
=13.195/134.9266*134.9266
=13.195

Current CPI (Mar. 2025) = 134.9266.

Taiw Fructose Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.297 100.684 11.119
201509 7.988 100.392 10.736
201512 8.140 99.792 11.006
201603 7.870 100.470 10.569
201606 7.975 101.688 10.582
201609 7.871 101.861 10.426
201612 8.607 101.863 11.401
201703 8.643 102.862 11.337
201706 8.862 103.349 11.570
201709 9.283 104.136 12.028
201712 9.471 104.011 12.286
201803 9.609 105.290 12.314
201806 9.150 106.317 11.612
201809 9.440 106.507 11.959
201812 9.516 105.998 12.113
201903 9.749 107.251 12.265
201906 9.715 108.070 12.129
201909 9.705 108.329 12.088
201912 9.725 108.420 12.103
202003 9.641 108.902 11.945
202006 9.648 108.767 11.968
202009 9.848 109.815 12.100
202012 10.023 109.897 12.306
202103 10.113 111.754 12.210
202106 9.568 114.631 11.262
202109 9.447 115.734 11.014
202112 10.621 117.630 12.183
202203 10.780 121.301 11.991
202206 10.785 125.017 11.640
202209 11.028 125.227 11.882
202212 11.363 125.222 12.244
202303 11.414 127.348 12.093
202306 11.578 128.729 12.135
202309 11.971 129.860 12.438
202312 12.190 129.419 12.709
202403 12.137 131.776 12.427
202406 12.506 132.554 12.730
202409 13.636 133.029 13.831
202412 13.667 133.157 13.849
202503 13.195 134.927 13.195

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


Taiw Fructose Co  (ROCO:4207) 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.

Taiw Fructose Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.25/11.94
=1.36

* 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 Taiw Fructose Co was 1.61. The lowest was 0.73. And the median was 1.12.


Be Aware

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


Taiw Fructose Co Cyclically Adjusted Book per Share Related Terms

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


Taiw Fructose Co Business Description

Traded in Other Exchanges
N/A
Address
No.265,Nankan Road, 5th Floor, Luzhu District, Taoyuan, TWN
Taiw Fructose Co Ltd is a Taiwan-based company engaged in the processing and manufacturing of fructose and maltose. It provides fructose, maltose, oligosaccharide, maltodextrin, cream, sorbierite, crystalline dextrose and starch, among others. It earns revenue from the sale of goods comprised of sales from fructose manufacturing and galvanized iron trading businesses.

Taiw Fructose Co Headlines

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