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New Era Electronics Co (ROCO:4909) Cyclically Adjusted Book per Share : NT$32.80 (As of Mar. 2025)


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What is New Era 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.

New Era Electronics Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$34.593. 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$32.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, New Era Electronics Co's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of New Era Electronics Co was 4.60% per year. The lowest was 2.80% per year. And the median was 4.50% per year.

As of today (2025-06-30), New Era Electronics Co's current stock price is NT$74.20. New Era Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$32.80. New Era Electronics Co's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of New Era Electronics Co was 5.86. The lowest was 0.40. And the median was 0.71.


New Era Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for New Era 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.

New Era Electronics Co Cyclically Adjusted Book per Share Chart

New Era Electronics 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 27.88 29.81 31.43 31.84 32.42

New Era Electronics 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 32.23 32.32 32.41 32.42 32.80

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

For the Electronic Components subindustry, New Era 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.


New Era Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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New Era 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, New Era Electronics 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)
=34.593/134.9266*134.9266
=34.593

Current CPI (Mar. 2025) = 134.9266.

New Era Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.696 100.684 34.435
201509 27.429 100.392 36.865
201512 27.959 99.792 37.803
201603 28.443 100.470 38.197
201606 27.372 101.688 36.319
201609 27.450 101.861 36.361
201612 28.149 101.863 37.286
201703 27.552 102.862 36.141
201706 26.935 103.349 35.165
201709 27.209 104.136 35.254
201712 27.337 104.011 35.462
201803 27.273 105.290 34.950
201806 27.467 106.317 34.858
201809 27.556 106.507 34.909
201812 27.970 105.998 35.604
201903 28.376 107.251 35.698
201906 27.904 108.070 34.839
201909 27.710 108.329 34.513
201912 27.163 108.420 33.804
202003 27.052 108.902 33.517
202006 27.108 108.767 33.628
202009 27.190 109.815 33.408
202012 27.019 109.897 33.173
202103 26.859 111.754 32.428
202106 26.360 114.631 31.027
202109 25.822 115.734 30.104
202112 25.446 117.630 29.188
202203 25.677 121.301 28.561
202206 25.548 125.017 27.573
202209 25.971 125.227 27.983
202212 25.044 125.222 26.985
202303 24.991 127.348 26.478
202306 25.147 128.729 26.358
202309 25.832 129.860 26.840
202312 25.507 129.419 26.592
202403 27.281 131.776 27.933
202406 28.366 132.554 28.874
202409 32.858 133.029 33.327
202412 34.621 133.157 35.081
202503 34.593 134.927 34.593

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


New Era Electronics Co  (ROCO:4909) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.20/32.80
=2.26

* 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 New Era Electronics Co was 5.86. The lowest was 0.40. And the median was 0.71.


Be Aware

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


New Era Electronics Co Cyclically Adjusted Book per Share Related Terms

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


New Era Electronics Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
NO.45, 15th Chien, Wangjian Village, Sinwu Township, Taoyuan, TWN, 327
New Era Electronics Co Ltd is a Taiwan-based company that engages in the manufacture, and sale of printed circuit boards (PCB). The company is also engaged in the import and export of electronic products, electronic component manufacturing, telecommunications construction, wholesale of telecommunications apparatus, and wholesale and retail sales of electronic materials. The products of the company include high-frequency (HF) microwave communication substrates and printed circuit boards (PCBs).

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