GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunfar Computer Co Ltd (ROCO:6154) » Definitions » Cyclically Adjusted Book per Share

Sunfar Computer Co (ROCO:6154) Cyclically Adjusted Book per Share : NT$18.92 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Sunfar Computer 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.

Sunfar Computer Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$16.208. 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$18.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sunfar Computer Co's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Sunfar Computer Co was 3.40% per year. The lowest was 3.00% per year. And the median was 3.20% per year.

As of today (2024-05-22), Sunfar Computer Co's current stock price is NT$16.85. Sunfar Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$18.92. Sunfar Computer Co's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sunfar Computer Co was 1.18. The lowest was 0.62. And the median was 0.86.


Sunfar Computer Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sunfar Computer 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.

Sunfar Computer Co Cyclically Adjusted Book per Share Chart

Sunfar Computer 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 16.97 16.95 17.81 18.57 18.72

Sunfar Computer 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 18.77 18.87 18.92 18.72 18.92

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

For the Electronics & Computer Distribution subindustry, Sunfar Computer 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.


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

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

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



Sunfar Computer 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, Sunfar Computer 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)
=16.208/131.7762*131.7762
=16.208

Current CPI (Mar. 2024) = 131.7762.

Sunfar Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.432 100.560 20.223
201409 15.864 100.428 20.816
201412 16.152 99.070 21.484
201503 16.488 99.621 21.810
201506 15.375 100.684 20.123
201509 15.682 100.392 20.585
201512 15.804 99.792 20.869
201603 16.208 100.470 21.258
201606 15.456 101.688 20.029
201609 15.779 101.861 20.413
201612 15.927 101.863 20.604
201703 16.355 102.862 20.952
201706 15.553 103.349 19.831
201709 15.823 104.136 20.023
201712 16.003 104.011 20.275
201803 16.428 105.290 20.561
201806 15.801 106.317 19.585
201809 15.668 106.507 19.385
201812 15.696 105.998 19.513
201903 15.919 107.251 19.559
201906 14.921 108.070 18.194
201909 15.048 108.329 18.305
201912 15.078 108.420 18.326
202003 15.253 108.902 18.457
202006 14.697 108.767 17.806
202009 14.927 109.815 17.912
202012 15.003 109.897 17.990
202103 15.185 111.754 17.906
202106 15.365 114.631 17.663
202109 15.886 115.734 18.088
202112 16.238 117.630 18.191
202203 16.518 121.301 17.944
202206 15.775 125.017 16.628
202209 15.958 125.227 16.793
202212 16.207 125.222 17.055
202303 16.338 127.348 16.906
202306 15.704 128.729 16.076
202309 15.921 129.860 16.156
202312 16.007 129.419 16.298
202403 16.208 131.776 16.208

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


Sunfar Computer Co  (ROCO:6154) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.85/18.92
=0.89

* 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 Sunfar Computer Co was 1.18. The lowest was 0.62. And the median was 0.86.


Be Aware

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


Sunfar Computer Co Cyclically Adjusted Book per Share Related Terms

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


Sunfar Computer Co (ROCO:6154) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, Jianguo 2nd Road, Sanmin District, Kaohsiung, TWN, 807
Sunfar Computer Co Ltd is engaged mainly in selling and maintaining computer hardware, software, computer peripherals, electronic components, printers, communication products, and home appliances, renting real estate, advertising, and consulting in business operations.

Sunfar Computer Co (ROCO:6154) Headlines

No Headlines