GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cayenne Entertainment Technology Co Ltd (ROCO:4946) » Definitions » Cyclically Adjusted Book per Share

Cayenne Entertainment Technology Co (ROCO:4946) Cyclically Adjusted Book per Share : NT$25.62 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Cayenne Entertainment 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.

Cayenne Entertainment Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$9.019. 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$25.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cayenne Entertainment Technology Co's average Cyclically Adjusted Book Growth Rate was -19.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.00% 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 Cayenne Entertainment Technology Co was -9.40% per year. The lowest was -13.00% per year. And the median was -11.20% per year.

As of today (2024-06-23), Cayenne Entertainment Technology Co's current stock price is NT$42.00. Cayenne Entertainment Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$25.62. Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cayenne Entertainment Technology Co was 2.28. The lowest was 0.40. And the median was 1.07.


Cayenne Entertainment Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cayenne Entertainment 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.

Cayenne Entertainment Technology Co Cyclically Adjusted Book per Share Chart

Cayenne Entertainment 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 44.05 41.11 37.70 32.78 27.07

Cayenne Entertainment Technology 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 31.69 30.46 28.88 27.07 25.62

Competitive Comparison of Cayenne Entertainment Technology Co's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Cayenne Entertainment 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.


Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cayenne Entertainment 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, Cayenne Entertainment 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)
=9.019/131.7762*131.7762
=9.019

Current CPI (Mar. 2024) = 131.7762.

Cayenne Entertainment Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 66.551 100.560 87.210
201409 67.433 100.428 88.482
201412 54.823 99.070 72.922
201503 51.961 99.621 68.733
201506 47.353 100.684 61.976
201509 38.425 100.392 50.438
201512 23.911 99.792 31.575
201603 22.429 100.470 29.418
201606 19.873 101.688 25.753
201609 18.210 101.861 23.558
201612 19.005 101.863 24.586
201703 18.918 102.862 24.236
201706 22.821 103.349 29.098
201709 23.016 104.136 29.125
201712 24.108 104.011 30.543
201803 23.425 105.290 29.318
201806 24.549 106.317 30.428
201809 23.258 106.507 28.776
201812 23.592 105.998 29.329
201903 23.196 107.251 28.500
201906 20.221 108.070 24.657
201909 17.447 108.329 21.223
201912 10.046 108.420 12.210
202003 9.044 108.902 10.944
202006 9.609 108.767 11.642
202009 10.829 109.815 12.995
202012 7.355 109.897 8.819
202103 8.688 111.754 10.245
202106 7.818 114.631 8.987
202109 11.320 115.734 12.889
202112 8.706 117.630 9.753
202203 8.284 121.301 8.999
202206 6.944 125.017 7.319
202209 5.380 125.227 5.661
202212 3.248 125.222 3.418
202303 3.257 127.348 3.370
202306 5.049 128.729 5.169
202309 7.138 129.860 7.243
202312 6.231 129.419 6.344
202403 9.019 131.776 9.019

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


Cayenne Entertainment Technology Co  (ROCO:4946) 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.

Cayenne Entertainment Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.00/25.62
=1.64

* 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 Cayenne Entertainment Technology Co was 2.28. The lowest was 0.40. And the median was 1.07.


Be Aware

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


Cayenne Entertainment Technology Co Cyclically Adjusted Book per Share Related Terms

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


Cayenne Entertainment Technology Co (ROCO:4946) Business Description

Traded in Other Exchanges
N/A
Address
Lane 583, Ruiguang Road, 3rd Floor, No. 31, Neihu District, Taipei, TWN
Cayenne Entertainment Technology Co Ltd is a provider of online casual games in Taiwan. It offers online air combat games, action games, shooting games, fighting games, basketball and baseball games, racing games, and dating games.

Cayenne Entertainment Technology Co (ROCO:4946) Headlines

No Headlines