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Sun-Sea Construction (ROCO:5516) Cyclically Adjusted Book per Share : NT$12.55 (As of Mar. 2024)


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What is Sun-Sea Construction 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.

Sun-Sea Construction's adjusted book value per share for the three months ended in Mar. 2024 was NT$11.488. 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$12.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sun-Sea Construction's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Sun-Sea Construction was 5.20% per year. The lowest was 4.90% per year. And the median was 5.05% per year.

As of today (2024-05-17), Sun-Sea Construction's current stock price is NT$22.70. Sun-Sea Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$12.55. Sun-Sea Construction's Cyclically Adjusted PB Ratio of today is 1.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sun-Sea Construction was 2.37. The lowest was 0.92. And the median was 1.14.


Sun-Sea Construction Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sun-Sea Construction'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.

Sun-Sea Construction Cyclically Adjusted Book per Share Chart

Sun-Sea Construction 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 10.65 10.81 11.61 12.31 12.60

Sun-Sea Construction 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 12.53 12.66 12.67 12.60 12.55

Competitive Comparison of Sun-Sea Construction's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Sun-Sea Construction'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.


Sun-Sea Construction's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sun-Sea Construction's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sun-Sea Construction's Cyclically Adjusted PB Ratio falls into.



Sun-Sea Construction 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, Sun-Sea Construction'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)
=11.488/131.7762*131.7762
=11.488

Current CPI (Mar. 2024) = 131.7762.

Sun-Sea Construction Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.368 100.560 12.276
201409 9.541 100.428 12.519
201412 8.991 99.070 11.959
201503 8.843 99.621 11.697
201506 8.789 100.684 11.503
201509 8.704 100.392 11.425
201512 8.703 99.792 11.492
201603 8.574 100.470 11.246
201606 8.328 101.688 10.792
201609 8.468 101.861 10.955
201612 8.013 101.863 10.366
201703 7.986 102.862 10.231
201706 7.917 103.349 10.095
201709 8.082 104.136 10.227
201712 8.222 104.011 10.417
201803 8.284 105.290 10.368
201806 8.432 106.317 10.451
201809 8.765 106.507 10.845
201812 9.548 105.998 11.870
201903 9.764 107.251 11.997
201906 9.963 108.070 12.149
201909 9.955 108.329 12.110
201912 10.160 108.420 12.349
202003 10.418 108.902 12.606
202006 10.432 108.767 12.639
202009 10.723 109.815 12.867
202012 12.226 109.897 14.660
202103 12.554 111.754 14.803
202106 13.079 114.631 15.035
202109 13.199 115.734 15.029
202112 14.383 117.630 16.113
202203 14.733 121.301 16.005
202206 14.784 125.017 15.583
202209 15.642 125.227 16.460
202212 16.590 125.222 17.458
202303 17.231 127.348 17.830
202306 16.866 128.729 17.265
202309 12.816 129.860 13.005
202312 12.542 129.419 12.770
202403 11.488 131.776 11.488

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


Sun-Sea Construction  (ROCO:5516) 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.

Sun-Sea Construction's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.70/12.55
=1.81

* 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 Sun-Sea Construction was 2.37. The lowest was 0.92. And the median was 1.14.


Be Aware

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


Sun-Sea Construction Cyclically Adjusted Book per Share Related Terms

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


Sun-Sea Construction (ROCO:5516) Business Description

Traded in Other Exchanges
N/A
Address
186 Min Tsu Road, Hsin-chu City, TWN
Sun-Sea Construction Corp is engaged in the civil engineering and construction industry. The company constructs commercial buildings, parking lots, schools, technology factories, restaurants, houses, oads, bridges, tunnels and other related projects.

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