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Acter Group (ROCO:5536) Cyclically Adjusted Book per Share : NT$84.03 (As of Dec. 2024)


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What is Acter Group 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.

Acter Group's adjusted book value per share for the three months ended in Dec. 2024 was NT$88.411. 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$84.03 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Acter Group's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Acter Group was 8.60% per year. The lowest was 5.10% per year. And the median was 8.00% per year.

As of today (2025-05-29), Acter Group's current stock price is NT$380.50. Acter Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$84.03. Acter Group's Cyclically Adjusted PB Ratio of today is 4.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acter Group was 5.41. The lowest was 1.21. And the median was 2.84.


Acter Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Acter Group'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.

Acter Group Cyclically Adjusted Book per Share Chart

Acter Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.77 72.38 77.70 80.23 84.03

Acter Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 80.23 81.62 82.48 83.36 84.03

Competitive Comparison of Acter Group's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Acter Group'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.


Acter Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Acter Group 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, Acter Group's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=88.411/133.1571*133.1571
=88.411

Current CPI (Dec. 2024) = 133.1571.

Acter Group Quarterly Data

Book Value per Share CPI Adj_Book
201503 48.731 99.621 65.136
201506 49.489 100.684 65.451
201509 52.104 100.392 69.110
201512 54.151 99.792 72.256
201603 54.648 100.470 72.427
201606 51.309 101.688 67.187
201609 53.667 101.861 70.156
201612 56.067 101.863 73.292
201703 59.110 102.862 76.519
201706 57.122 103.349 73.597
201709 60.850 104.136 77.808
201712 71.042 104.011 90.949
201803 76.100 105.290 96.242
201806 72.886 106.317 91.286
201809 77.268 106.507 96.602
201812 79.783 105.998 100.225
201903 84.549 107.251 104.972
201906 74.809 108.070 92.175
201909 78.195 108.329 96.116
201912 82.641 108.420 101.496
202003 71.278 108.902 87.154
202006 76.106 108.767 93.172
202009 79.991 109.815 96.994
202012 94.970 109.897 115.071
202103 86.238 111.754 102.754
202106 87.106 114.631 101.183
202109 91.952 115.734 105.795
202112 98.528 117.630 111.534
202203 90.766 121.301 99.638
202206 47.995 125.017 51.120
202209 62.994 125.227 66.983
202212 65.991 125.222 70.173
202303 63.482 127.348 66.378
202306 66.408 128.729 68.693
202309 72.330 129.860 74.167
202312 71.017 129.419 73.068
202403 70.216 131.776 70.952
202406 78.787 132.554 79.146
202409 85.637 133.029 85.720
202412 88.411 133.157 88.411

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


Acter Group  (ROCO:5536) 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.

Acter Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=380.50/84.03
=4.53

* 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 Acter Group was 5.41. The lowest was 1.21. And the median was 2.84.


Be Aware

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


Acter Group Cyclically Adjusted Book per Share Related Terms

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


Acter Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 201, Wenxin Road, 19th Floor-1, Section 2, Xitun District, Taichung, TWN, 40758
Acter Group Corp Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The group has three reportable segments: Taiwan, Mainland China, and other countries. The Taiwan segment provides engineering, maintenance, sales, and other services in the Taiwan area. The Mainland China segment provides engineering services and sales in Mainland China. The other segment provides engineering services in Vietnam, Singapore, Malaysia, and other countries.

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