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Chipbond Technology (ROCO:6147) Cyclically Adjusted Book per Share : NT$53.36 (As of Jun. 2024)


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What is Chipbond Technology 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.

Chipbond Technology's adjusted book value per share for the three months ended in Jun. 2024 was NT$65.704. 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$53.36 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Chipbond Technology's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Chipbond Technology was 9.90% per year. The lowest was 8.40% per year. And the median was 8.90% per year.

As of today (2024-09-24), Chipbond Technology's current stock price is NT$65.30. Chipbond Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$53.36. Chipbond Technology's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chipbond Technology was 2.14. The lowest was 1.06. And the median was 1.56.


Chipbond Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chipbond Technology'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.

Chipbond Technology Cyclically Adjusted Book per Share Chart

Chipbond Technology 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 36.94 38.44 43.11 47.68 51.08

Chipbond Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 49.79 50.74 51.08 52.49 53.36

Competitive Comparison of Chipbond Technology's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Chipbond Technology'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.


Chipbond Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Chipbond Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chipbond Technology 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, Chipbond Technology's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=65.704/132.5538*132.5538
=65.704

Current CPI (Jun. 2024) = 132.5538.

Chipbond Technology Quarterly Data

Book Value per Share CPI Adj_Book
201409 34.101 100.428 45.010
201412 35.685 99.070 47.746
201503 36.441 99.621 48.488
201506 34.436 100.684 45.336
201509 35.700 100.392 47.137
201512 36.106 99.792 47.959
201603 36.312 100.470 47.908
201606 34.660 101.688 45.180
201609 35.280 101.861 45.911
201612 36.452 101.863 47.435
201703 36.477 102.862 47.006
201706 35.306 103.349 45.283
201709 36.256 104.136 46.150
201712 37.430 104.011 47.702
201803 38.072 105.290 47.931
201806 36.902 106.317 46.009
201809 41.559 106.507 51.723
201812 42.602 105.998 53.275
201903 44.123 107.251 54.533
201906 42.183 108.070 51.740
201909 44.035 108.329 53.882
201912 45.382 108.420 55.484
202003 46.777 108.902 56.936
202006 43.607 108.767 53.143
202009 45.250 109.815 54.620
202012 47.709 109.897 57.545
202103 49.865 111.754 59.146
202106 48.634 114.631 56.238
202109 51.868 115.734 59.406
202112 56.420 117.630 63.578
202203 57.263 121.301 62.575
202206 51.065 125.017 54.144
202209 53.016 125.227 56.118
202212 55.356 125.222 58.597
202303 52.735 127.348 54.891
202306 56.816 128.729 58.504
202309 61.100 129.860 62.368
202312 65.104 129.419 66.681
202403 65.067 131.776 65.451
202406 65.704 132.554 65.704

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


Chipbond Technology  (ROCO:6147) 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.

Chipbond Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=65.30/53.36
=1.22

* 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 Chipbond Technology was 2.14. The lowest was 1.06. And the median was 1.56.


Be Aware

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


Chipbond Technology Cyclically Adjusted Book per Share Related Terms

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


Chipbond Technology Business Description

Traded in Other Exchanges
N/A
Address
No 3, Li Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 300
Chipbond Technology Corp along is engaged in the research, development, manufacturing, and sale of driver IC and non-driver IC packaging and testing services.

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