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Nan Ren Lake Leisure Amusement Co (ROCO:5905) Cyclically Adjusted Book per Share : NT$13.93 (As of Sep. 2024)


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What is Nan Ren Lake Leisure Amusement 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.

Nan Ren Lake Leisure Amusement Co's adjusted book value per share for the three months ended in Sep. 2024 was NT$11.598. 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$13.93 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nan Ren Lake Leisure Amusement Co's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Nan Ren Lake Leisure Amusement Co was 3.20% per year. The lowest was 3.10% per year. And the median was 3.15% per year.

As of today (2024-12-11), Nan Ren Lake Leisure Amusement Co's current stock price is NT$14.85. Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$13.93. Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nan Ren Lake Leisure Amusement Co was 1.73. The lowest was 0.55. And the median was 0.90.


Nan Ren Lake Leisure Amusement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nan Ren Lake Leisure Amusement 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.

Nan Ren Lake Leisure Amusement Co Cyclically Adjusted Book per Share Chart

Nan Ren Lake Leisure Amusement 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 12.57 12.66 13.33 13.81 13.86

Nan Ren Lake Leisure Amusement Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14.02 13.86 13.99 13.96 13.93

Competitive Comparison of Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Nan Ren Lake Leisure Amusement 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.


Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted PB Ratio falls into.



Nan Ren Lake Leisure Amusement 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, Nan Ren Lake Leisure Amusement Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.598/133.0289*133.0289
=11.598

Current CPI (Sep. 2024) = 133.0289.

Nan Ren Lake Leisure Amusement Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 11.775 99.070 15.811
201503 11.890 99.621 15.877
201506 11.492 100.684 15.184
201509 11.746 100.392 15.565
201512 11.676 99.792 15.565
201603 11.795 100.470 15.617
201606 11.625 101.688 15.208
201609 11.879 101.861 15.514
201612 11.735 101.863 15.325
201703 11.848 102.862 15.323
201706 11.618 103.349 14.954
201709 11.908 104.136 15.212
201712 11.874 104.011 15.187
201803 11.932 105.290 15.076
201806 11.673 106.317 14.606
201809 11.810 106.507 14.751
201812 11.953 105.998 15.001
201903 11.994 107.251 14.877
201906 12.820 108.070 15.781
201909 12.168 108.329 14.942
201912 12.128 108.420 14.881
202003 11.965 108.902 14.616
202006 11.757 108.767 14.380
202009 12.178 109.815 14.752
202012 12.273 109.897 14.856
202103 12.153 111.754 14.467
202106 11.882 114.631 13.789
202109 11.479 115.734 13.194
202112 11.406 117.630 12.899
202203 11.143 121.301 12.220
202206 10.987 125.017 11.691
202209 10.914 125.227 11.594
202212 10.778 125.222 11.450
202303 10.693 127.348 11.170
202306 10.675 128.729 11.032
202309 11.014 129.860 11.283
202312 10.636 129.419 10.933
202403 10.514 131.776 10.614
202406 10.537 132.554 10.575
202409 11.598 133.029 11.598

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


Nan Ren Lake Leisure Amusement Co  (ROCO:5905) 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.

Nan Ren Lake Leisure Amusement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.85/13.93
=1.07

* 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 Nan Ren Lake Leisure Amusement Co was 1.73. The lowest was 0.55. And the median was 0.90.


Be Aware

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


Nan Ren Lake Leisure Amusement Co Cyclically Adjusted Book per Share Related Terms

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


Nan Ren Lake Leisure Amusement Co Business Description

Traded in Other Exchanges
N/A
Address
No. 206, Guanghua 1st Road, 21 Floor-2, Lingya District, Kaohsiung, TWN, 802
Nan Ren Lake Leisure Amusement Co Ltd is primarily engaged in the import and export of machinery and equipment for playgrounds, the operation of affiliated hotels and restaurants, the sale of tobacco and alcohol, the sale of daily-used commodities, the development, lease, and sale of housing and buildings and the import and export of building materials.

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