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Poya International Co (ROCO:5904) Cyclically Adjusted Book per Share : NT$43.27 (As of Mar. 2024)


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What is Poya International Co 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.

Poya International Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$46.790. 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$43.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Poya International Co's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 Poya International Co was 13.60% per year. The lowest was 11.90% per year. And the median was 12.60% per year.

As of today (2024-05-04), Poya International Co's current stock price is NT$498.50. Poya International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$43.27. Poya International Co's Cyclically Adjusted PB Ratio of today is 11.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Poya International Co was 21.38. The lowest was 7.45. And the median was 14.40.


Poya International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Poya International Co'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.

Poya International Co Cyclically Adjusted Book per Share Chart

Poya International Co 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 27.42 29.22 33.69 39.12 42.79

Poya International Co 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 39.83 40.90 42.04 42.79 43.27

Competitive Comparison of Poya International Co's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Poya International Co'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.


Poya International Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Poya International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Poya International Co's Cyclically Adjusted PB Ratio falls into.



Poya International Co 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, Poya International Co'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)
=46.79/129.4194*129.4194
=46.790

Current CPI (Mar. 2024) = 129.4194.

Poya International Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.287 100.560 24.822
201409 21.581 100.428 27.811
201412 23.577 99.070 30.800
201503 25.904 99.621 33.652
201506 21.895 100.684 28.144
201509 24.574 100.392 31.679
201512 26.799 99.792 34.755
201603 0.000 100.470 0.000
201606 24.544 101.688 31.237
201609 27.890 101.861 35.436
201612 30.712 101.863 39.020
201703 33.925 102.862 42.684
201706 27.594 103.349 34.555
201709 31.724 104.136 39.426
201712 35.365 104.011 44.004
201803 39.686 105.290 48.781
201806 30.882 106.317 37.593
201809 35.573 106.507 43.226
201812 39.657 105.998 48.420
201903 43.834 107.251 52.895
201906 32.976 108.070 39.491
201909 37.859 108.329 45.230
201912 42.782 108.420 51.068
202003 31.320 108.902 37.221
202006 35.203 108.767 41.887
202009 41.898 109.815 49.378
202012 47.039 109.897 55.395
202103 35.149 111.754 40.705
202106 37.923 114.631 42.815
202109 44.423 115.734 49.676
202112 48.440 117.630 53.295
202203 53.347 121.301 56.917
202206 46.541 125.017 48.180
202209 52.405 125.227 54.160
202212 58.820 125.222 60.792
202303 41.528 127.348 42.204
202306 47.726 128.729 47.982
202309 54.482 129.860 54.297
202312 61.012 129.419 61.012
202403 46.790 129.419 46.790

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


Poya International Co  (ROCO:5904) 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.

Poya International Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=498.50/43.27
=11.52

* 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 Poya International Co was 21.38. The lowest was 7.45. And the median was 14.40.


Be Aware

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


Poya International Co Cyclically Adjusted Book per Share Related Terms

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


Poya International Co (ROCO:5904) Business Description

Traded in Other Exchanges
N/A
Address
No. 74, Minzu Road, Section 3, West Central District, Tainan, TWN
Poya International Co Ltd is engaged in selling fashion accessories, arts and crafts, food, and stationery products. Its products include cosmetics, jewelry, daily goods, hardware products, snacks, underwear, pajamas, and other products.

Poya International Co (ROCO:5904) Headlines

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