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Dimension Computer Technology Co (ROCO:6140) Cyclically Adjusted Book per Share : NT$11.53 (As of Dec. 2023)


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What is Dimension Computer Technology 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.

Dimension Computer Technology Co's adjusted book value per share for the three months ended in Dec. 2023 was NT$11.838. 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$11.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dimension Computer Technology Co's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Dimension Computer Technology Co was 4.50% per year. The lowest was 4.00% per year. And the median was 4.25% per year.

As of today (2024-05-15), Dimension Computer Technology Co's current stock price is NT$29.10. Dimension Computer Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$11.53. Dimension Computer Technology Co's Cyclically Adjusted PB Ratio of today is 2.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dimension Computer Technology Co was 4.18. The lowest was 0.74. And the median was 1.41.


Dimension Computer Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dimension Computer Technology 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.

Dimension Computer Technology Co Cyclically Adjusted Book per Share Chart

Dimension Computer Technology 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 10.02 10.10 10.68 11.28 11.53

Dimension Computer Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.28 11.44 11.52 11.60 11.53

Competitive Comparison of Dimension Computer Technology Co's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Dimension Computer Technology 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.


Dimension Computer Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dimension Computer Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dimension Computer Technology Co's Cyclically Adjusted PB Ratio falls into.



Dimension Computer Technology 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, Dimension Computer Technology Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.838/129.4194*129.4194
=11.838

Current CPI (Dec. 2023) = 129.4194.

Dimension Computer Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.891 99.695 12.840
201406 9.808 100.560 12.623
201409 9.919 100.428 12.782
201412 10.016 99.070 13.084
201503 9.684 99.621 12.581
201506 9.578 100.684 12.312
201509 9.882 100.392 12.739
201512 9.610 99.792 12.463
201603 9.290 100.470 11.967
201606 9.144 101.688 11.638
201609 8.860 101.861 11.257
201612 8.661 101.863 11.004
201703 8.276 102.862 10.413
201706 8.370 103.349 10.481
201709 8.610 104.136 10.700
201712 8.812 104.011 10.965
201803 8.768 105.290 10.777
201806 8.731 106.317 10.628
201809 8.639 106.507 10.498
201812 8.779 105.998 10.719
201903 8.756 107.251 10.566
201906 8.608 108.070 10.309
201909 8.547 108.329 10.211
201912 8.751 108.420 10.446
202003 8.856 108.902 10.525
202006 9.568 108.767 11.385
202009 10.050 109.815 11.844
202012 9.956 109.897 11.725
202103 9.986 111.754 11.564
202106 10.135 114.631 11.442
202109 10.189 115.734 11.394
202112 10.566 117.630 11.625
202203 10.702 121.301 11.418
202206 10.975 125.017 11.361
202209 13.118 125.227 13.557
202212 11.789 125.222 12.184
202303 11.727 127.348 11.918
202306 11.343 128.729 11.404
202309 11.969 129.860 11.928
202312 11.838 129.419 11.838

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


Dimension Computer Technology Co  (ROCO:6140) 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.

Dimension Computer Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.10/11.53
=2.52

* 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 Dimension Computer Technology Co was 4.18. The lowest was 0.74. And the median was 1.41.


Be Aware

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


Dimension Computer Technology Co Cyclically Adjusted Book per Share Related Terms

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


Dimension Computer Technology Co (ROCO:6140) Business Description

Traded in Other Exchanges
N/A
Address
No.147, Section 2, Jianguo North Road, 2nd Floor, Taipei, TWN
Dimension Computer Technology Co Ltd operates as an e-solution provider in Taiwan. It offers services and products in the field of system integration. The company engages in the distribution of computer servers; and the provision of ongoing support for hardware structures and software applications to various industries. It offers solutions including Virtualization solutions, Lotus Notes Coexistence and Migration Solutions, Networks solutions, and others.

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