GURUFOCUS.COM » STOCK LIST » Technology » Software » CTCI Advanced Systems Inc (ROCO:5209) » Definitions » Cyclically Adjusted Book per Share

CTCI Advanced Systems (ROCO:5209) Cyclically Adjusted Book per Share : NT$26.60 (As of Jun. 2024)


View and export this data going back to 2002. Start your Free Trial

What is CTCI Advanced Systems 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.

CTCI Advanced Systems's adjusted book value per share for the three months ended in Jun. 2024 was NT$29.150. 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$26.60 for the trailing ten years ended in Jun. 2024.

During the past 12 months, CTCI Advanced Systems's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 CTCI Advanced Systems was 4.20% per year. The lowest was 2.00% per year. And the median was 3.10% per year.

As of today (2024-09-21), CTCI Advanced Systems's current stock price is NT$185.00. CTCI Advanced Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$26.60. CTCI Advanced Systems's Cyclically Adjusted PB Ratio of today is 6.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CTCI Advanced Systems was 8.26. The lowest was 1.78. And the median was 2.92.


CTCI Advanced Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for CTCI Advanced Systems'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.

CTCI Advanced Systems Cyclically Adjusted Book per Share Chart

CTCI Advanced Systems 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 23.91 23.04 24.26 25.38 26.05

CTCI Advanced Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 25.84 26.05 26.05 26.38 26.60

Competitive Comparison of CTCI Advanced Systems's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, CTCI Advanced Systems'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.


CTCI Advanced Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, CTCI Advanced Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CTCI Advanced Systems's Cyclically Adjusted PB Ratio falls into.



CTCI Advanced Systems 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, CTCI Advanced Systems's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=29.15/132.5538*132.5538
=29.150

Current CPI (Jun. 2024) = 132.5538.

CTCI Advanced Systems Quarterly Data

Book Value per Share CPI Adj_Book
201409 21.165 100.428 27.936
201412 21.554 99.070 28.839
201503 22.378 99.621 29.776
201506 20.455 100.684 26.930
201509 20.949 100.392 27.660
201512 21.796 99.792 28.952
201603 22.473 100.470 29.649
201606 20.940 101.688 27.296
201609 21.574 101.861 28.075
201612 22.087 101.863 28.742
201703 22.779 102.862 29.354
201706 21.258 103.349 27.265
201709 22.045 104.136 28.061
201712 22.771 104.011 29.020
201803 23.528 105.290 29.620
201806 21.612 106.317 26.945
201809 22.469 106.507 27.964
201812 22.962 105.998 28.715
201903 24.106 107.251 29.793
201906 22.537 108.070 27.643
201909 23.078 108.329 28.239
201912 39.674 108.420 48.505
202003 9.838 108.902 11.975
202006 8.769 108.767 10.687
202009 10.556 109.815 12.742
202012 18.589 109.897 22.421
202103 21.007 111.754 24.917
202106 18.666 114.631 21.584
202109 20.471 115.734 23.446
202112 25.330 117.630 28.544
202203 27.334 121.301 29.870
202206 18.884 125.017 20.022
202209 22.074 125.227 23.366
202212 25.139 125.222 26.611
202303 20.948 127.348 21.804
202306 24.405 128.729 25.130
202309 27.625 129.860 28.198
202312 32.062 129.419 32.839
202403 25.511 131.776 25.662
202406 29.150 132.554 29.150

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


CTCI Advanced Systems  (ROCO:5209) 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.

CTCI Advanced Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=185.00/26.6
=6.95

* 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 CTCI Advanced Systems was 8.26. The lowest was 1.78. And the median was 2.92.


Be Aware

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


CTCI Advanced Systems Cyclically Adjusted Book per Share Related Terms

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


CTCI Advanced Systems Business Description

Industry
Traded in Other Exchanges
N/A
Address
11th Floor, No.16, Fushan Road, Beitou District, Taipei, TWN, 112037
CTCI Advanced Systems Inc provides engineering research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware within computers and control systems, import and sales of computers software, hardware, and instruments. It also provides information software, data processing, digital information development and application services, providing energy technology and internet identification services, providing automation control, traffic tracking, communication engineering, safety equipment, piping engineering, mechatronics service, and consulting of engineering and management.

CTCI Advanced Systems Headlines

No Headlines