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Tailyn Technologies (ROCO:5353) Cyclically Adjusted Book per Share : NT$17.59 (As of Mar. 2024)


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What is Tailyn Technologies 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.

Tailyn Technologies's adjusted book value per share for the three months ended in Mar. 2024 was NT$16.750. 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$17.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tailyn Technologies's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Tailyn Technologies was 5.30% per year. The lowest was 4.60% per year. And the median was 4.95% per year.

As of today (2024-05-24), Tailyn Technologies's current stock price is NT$33.10. Tailyn Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.59. Tailyn Technologies's Cyclically Adjusted PB Ratio of today is 1.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tailyn Technologies was 2.99. The lowest was 0.95. And the median was 1.31.


Tailyn Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tailyn Technologies'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.

Tailyn Technologies Cyclically Adjusted Book per Share Chart

Tailyn Technologies 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 14.61 14.80 15.77 16.74 17.30

Tailyn Technologies 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 17.00 17.19 17.34 17.30 17.59

Competitive Comparison of Tailyn Technologies's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Tailyn Technologies'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.


Tailyn Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Tailyn Technologies's Cyclically Adjusted PB Ratio falls into.



Tailyn Technologies 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, Tailyn Technologies'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)
=16.75/131.7762*131.7762
=16.750

Current CPI (Mar. 2024) = 131.7762.

Tailyn Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.881 100.560 16.880
201409 12.999 100.428 17.057
201412 13.454 99.070 17.896
201503 13.571 99.621 17.951
201506 13.079 100.684 17.118
201509 13.241 100.392 17.380
201512 13.241 99.792 17.485
201603 13.254 100.470 17.384
201606 13.059 101.688 16.923
201609 13.426 101.861 17.369
201612 13.731 101.863 17.763
201703 13.518 102.862 17.318
201706 13.371 103.349 17.049
201709 14.101 104.136 17.844
201712 14.201 104.011 17.992
201803 14.477 105.290 18.119
201806 14.685 106.317 18.202
201809 14.827 106.507 18.345
201812 14.897 105.998 18.520
201903 15.715 107.251 19.309
201906 14.848 108.070 18.105
201909 15.254 108.329 18.556
201912 15.514 108.420 18.856
202003 15.467 108.902 18.716
202006 14.541 108.767 17.617
202009 14.596 109.815 17.515
202012 14.883 109.897 17.846
202103 15.192 111.754 17.914
202106 15.446 114.631 17.756
202109 14.973 115.734 17.048
202112 15.335 117.630 17.179
202203 15.700 121.301 17.056
202206 15.226 125.017 16.049
202209 15.816 125.227 16.643
202212 16.199 125.222 17.047
202303 15.773 127.348 16.321
202306 16.734 128.729 17.130
202309 17.355 129.860 17.611
202312 17.604 129.419 17.925
202403 16.750 131.776 16.750

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


Tailyn Technologies  (ROCO:5353) 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.

Tailyn Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.10/17.59
=1.88

* 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 Tailyn Technologies was 2.99. The lowest was 0.95. And the median was 1.31.


Be Aware

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


Tailyn Technologies Cyclically Adjusted Book per Share Related Terms

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


Tailyn Technologies (ROCO:5353) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.10, Rungan Road, Luzhu Shiang District, Taoyuan, TWN
Tailyn Technologies Inc is engaged in providing communication products and services. The company offers product manufacturing, OEM, sales, and related software and hardware design services in communication and industrial applications.

Tailyn Technologies (ROCO:5353) Headlines

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