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Godex International Co (ROCO:4987) Cyclically Adjusted Book per Share : NT$33.53 (As of Mar. 2024)


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What is Godex International 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.

Godex International Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$32.126. 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$33.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Godex International Co's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Godex International Co was 7.90% per year. The lowest was 7.60% per year. And the median was 7.75% per year.

As of today (2024-06-07), Godex International Co's current stock price is NT$61.60. Godex International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$33.53. Godex International Co's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Godex International Co was 2.00. The lowest was 1.43. And the median was 1.77.


Godex International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Godex International 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.

Godex International Co Cyclically Adjusted Book per Share Chart

Godex International 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 25.19 26.17 28.72 31.36 32.92

Godex International 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 32.00 32.50 32.92 32.92 33.53

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

For the Computer Hardware subindustry, Godex International 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.


Godex International Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Godex International 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, Godex International 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)
=32.126/131.7762*131.7762
=32.126

Current CPI (Mar. 2024) = 131.7762.

Godex International Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.337 100.560 29.271
201409 23.873 100.428 31.325
201412 25.678 99.070 34.155
201503 26.560 99.621 35.133
201506 24.086 100.684 31.524
201509 26.739 100.392 35.098
201512 27.284 99.792 36.029
201603 28.010 100.470 36.738
201606 24.665 101.688 31.963
201609 25.251 101.861 32.667
201612 26.159 101.863 33.841
201703 25.864 102.862 33.134
201706 24.767 103.349 31.579
201709 26.021 104.136 32.928
201712 26.992 104.011 34.197
201803 28.212 105.290 35.309
201806 26.053 106.317 32.292
201809 26.862 106.507 33.235
201812 27.914 105.998 34.703
201903 28.679 107.251 35.237
201906 25.974 108.070 31.672
201909 27.491 108.329 33.441
201912 27.792 108.420 33.779
202003 27.991 108.902 33.870
202006 25.915 108.767 31.397
202009 27.337 109.815 32.804
202012 28.315 109.897 33.952
202103 29.008 111.754 34.205
202106 29.973 114.631 34.456
202109 29.515 115.734 33.606
202112 30.378 117.630 34.031
202203 32.352 121.301 35.146
202206 30.726 125.017 32.387
202209 32.625 125.227 34.331
202212 34.187 125.222 35.976
202303 30.847 127.348 31.920
202306 31.847 128.729 32.601
202309 33.438 129.860 33.932
202312 34.413 129.419 35.040
202403 32.126 131.776 32.126

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


Godex International Co  (ROCO:4987) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.60/33.53
=1.84

* 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 Godex International Co was 2.00. The lowest was 1.43. And the median was 1.77.


Be Aware

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


Godex International Co Cyclically Adjusted Book per Share Related Terms

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


Godex International Co (ROCO:4987) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13F., No.168, Jiankang Road, Zhonghe District, New Taipei City, TWN
Godex International Co Ltd operates as an engineering company that designs and manufactures barcode printing products. The company produces industrial printers, desktop printers, mobile printers, scanners, accessories, and ribbons. Its products are applied in telecommunication, financial services, energy, education, construction, and others.

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