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Sea & Land Transportation Services (ROCO:5603) Cyclically Adjusted Book per Share : NT$15.04 (As of Mar. 2024)


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What is Sea & Land Transportation Services 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.

Sea & Land Transportation Services's adjusted book value per share for the three months ended in Mar. 2024 was NT$17.922. 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$15.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sea & Land Transportation Services's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Sea & Land Transportation Services was 9.70% per year. The lowest was 7.70% per year. And the median was 8.70% per year.

As of today (2024-06-14), Sea & Land Transportation Services's current stock price is NT$25.20. Sea & Land Transportation Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$15.04. Sea & Land Transportation Services's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sea & Land Transportation Services was 3.34. The lowest was 0.63. And the median was 1.52.


Sea & Land Transportation Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sea & Land Transportation Services'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.

Sea & Land Transportation Services Cyclically Adjusted Book per Share Chart

Sea & Land Transportation Services 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 10.92 11.08 12.32 13.63 14.63

Sea & Land Transportation Services 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 14.00 14.28 14.54 14.63 15.04

Competitive Comparison of Sea & Land Transportation Services's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Sea & Land Transportation Services'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.


Sea & Land Transportation Services's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sea & Land Transportation Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sea & Land Transportation Services's Cyclically Adjusted PB Ratio falls into.



Sea & Land Transportation Services 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, Sea & Land Transportation Services'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)
=17.922/131.7762*131.7762
=17.922

Current CPI (Mar. 2024) = 131.7762.

Sea & Land Transportation Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.813 100.560 12.859
201409 10.367 100.428 13.603
201412 11.094 99.070 14.757
201503 11.502 99.621 15.215
201506 10.733 100.684 14.047
201509 11.084 100.392 14.549
201512 11.195 99.792 14.783
201603 11.428 100.470 14.989
201606 10.818 101.688 14.019
201609 10.980 101.861 14.205
201612 11.160 101.863 14.437
201703 11.296 102.862 14.471
201706 10.989 103.349 14.012
201709 11.203 104.136 14.177
201712 11.270 104.011 14.278
201803 11.292 105.290 14.133
201806 10.911 106.317 13.524
201809 10.923 106.507 13.515
201812 10.822 105.998 13.454
201903 10.787 107.251 13.254
201906 10.811 108.070 13.183
201909 10.711 108.329 13.029
201912 10.708 108.420 13.015
202003 10.682 108.902 12.926
202006 10.442 108.767 12.651
202009 10.837 109.815 13.004
202012 11.641 109.897 13.959
202103 11.887 111.754 14.017
202106 12.436 114.631 14.296
202109 18.076 115.734 20.582
202112 17.993 117.630 20.157
202203 18.317 121.301 19.899
202206 15.551 125.017 16.392
202209 16.318 125.227 17.171
202212 16.565 125.222 17.432
202303 16.883 127.348 17.470
202306 16.452 128.729 16.841
202309 17.225 129.860 17.479
202312 17.526 129.419 17.845
202403 17.922 131.776 17.922

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


Sea & Land Transportation Services  (ROCO:5603) 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.

Sea & Land Transportation Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.20/15.04
=1.68

* 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 Sea & Land Transportation Services was 3.34. The lowest was 0.63. And the median was 1.52.


Be Aware

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


Sea & Land Transportation Services Cyclically Adjusted Book per Share Related Terms

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


Sea & Land Transportation Services (ROCO:5603) Business Description

Traded in Other Exchanges
N/A
Address
No. 171-1, Section 2, Datong Road, 12th Floor, Yuzhi District, New Taipei City, TWN
Sea & Land Transportation Services Inc is a Taiwan based company primarily engaged in the shipping and transportation industry. It provides in container yard and shipside container haulage services in Taiwan. The entity offers various container transportation services, such as warehousing, heavy machinery haulage, storage, erection and others. The company operates in three segments Transportation , Machinery transportation and hoisting , LPG Station segments. The company derives majority of revenue from Transportation segment.

Sea & Land Transportation Services (ROCO:5603) Headlines

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