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International Carbide Technology Co (ROCO:4754) Cyclically Adjusted Book per Share : NT$12.05 (As of Mar. 2024)


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What is International Carbide Technology 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.

International Carbide Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$16.851. 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$12.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, International Carbide Technology Co's average Cyclically Adjusted Book Growth Rate was 12.70% 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.

As of today (2024-06-13), International Carbide Technology Co's current stock price is NT$44.50. International Carbide Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$12.05. International Carbide Technology Co's Cyclically Adjusted PB Ratio of today is 3.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of International Carbide Technology Co was 4.07. The lowest was 2.96. And the median was 3.70.


International Carbide Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for International Carbide Technology 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.

International Carbide Technology Co Cyclically Adjusted Book per Share Chart

International Carbide Technology 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 - - - 10.69 11.57

International Carbide Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 10.69 11.07 11.40 11.57 12.05

Competitive Comparison of International Carbide Technology Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, International Carbide Technology 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.


International Carbide Technology Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Carbide Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Carbide Technology Co's Cyclically Adjusted PB Ratio falls into.



International Carbide Technology 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, International Carbide Technology 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)
=16.851/131.7762*131.7762
=16.851

Current CPI (Mar. 2024) = 131.7762.

International Carbide Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201306 5.190 98.518 6.942
201312 5.495 98.326 7.364
201406 5.661 100.560 7.418
201412 6.236 99.070 8.295
201503 0.000 99.621 0.000
201506 5.929 100.684 7.760
201509 0.000 100.392 0.000
201512 6.812 99.792 8.995
201603 7.061 100.470 9.261
201606 6.638 101.688 8.602
201609 8.224 101.861 10.639
201612 8.554 101.863 11.066
201703 8.726 102.862 11.179
201706 7.831 103.349 9.985
201709 8.298 104.136 10.501
201712 8.751 104.011 11.087
201803 9.132 105.290 11.429
201806 8.402 106.317 10.414
201809 8.859 106.507 10.961
201812 9.536 105.998 11.855
201903 9.805 107.251 12.047
201906 10.124 108.070 12.345
201909 10.434 108.329 12.692
201912 10.815 108.420 13.145
202003 11.157 108.902 13.501
202006 10.545 108.767 12.776
202009 11.234 109.815 13.481
202012 11.641 109.897 13.959
202103 11.796 111.754 13.909
202106 12.231 114.631 14.060
202109 12.798 115.734 14.572
202112 13.216 117.630 14.805
202203 13.812 121.301 15.005
202206 13.421 125.017 14.147
202209 14.036 125.227 14.770
202212 14.390 125.222 15.143
202303 14.937 127.348 15.456
202306 14.887 128.729 15.239
202312 15.877 129.419 16.166
202403 16.851 131.776 16.851

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


International Carbide Technology Co  (ROCO:4754) 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.

International Carbide Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.50/12.05
=3.69

* 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 International Carbide Technology Co was 4.07. The lowest was 2.96. And the median was 3.70.


Be Aware

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


International Carbide Technology Co Cyclically Adjusted Book per Share Related Terms

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


International Carbide Technology Co (ROCO:4754) Business Description

Traded in Other Exchanges
N/A
Address
No. 176, Zhongzun Street, Luzhu District, Taoyuan, TWN, 33842
International Carbide Technology Co Ltd is a manufacturer and exporter of fire resistance chemicals, refractory materials & products in Taiwan. Some of its products include fire resistant adhesive, PVC smoke suppressant, and firestop putty, among others.

International Carbide Technology Co (ROCO:4754) Headlines

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