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Taiwan Alpha Electronics Co (ROCO:6204) Cyclically Adjusted Book per Share : NT$35.51 (As of Mar. 2025)


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What is Taiwan Alpha Electronics 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.

Taiwan Alpha Electronics Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$14.926. 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$35.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Taiwan Alpha Electronics Co's average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.10% 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 Taiwan Alpha Electronics Co was 1.00% per year. The lowest was -3.50% per year. And the median was -0.20% per year.

As of today (2025-05-31), Taiwan Alpha Electronics Co's current stock price is NT$66.50. Taiwan Alpha Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$35.51. Taiwan Alpha Electronics Co's Cyclically Adjusted PB Ratio of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taiwan Alpha Electronics Co was 4.13. The lowest was 0.46. And the median was 1.75.


Taiwan Alpha Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taiwan Alpha Electronics 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.

Taiwan Alpha Electronics Co Cyclically Adjusted Book per Share Chart

Taiwan Alpha Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.52 40.00 39.78 38.27 35.93

Taiwan Alpha Electronics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 38.09 37.51 36.80 35.93 35.51

Competitive Comparison of Taiwan Alpha Electronics Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Taiwan Alpha Electronics 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.


Taiwan Alpha Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Taiwan Alpha Electronics Co's Cyclically Adjusted PB Ratio falls into.


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Taiwan Alpha Electronics 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, Taiwan Alpha Electronics Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14.926/134.9266*134.9266
=14.926

Current CPI (Mar. 2025) = 134.9266.

Taiwan Alpha Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 36.686 100.684 49.163
201509 38.252 100.392 51.411
201512 38.133 99.792 51.559
201603 37.786 100.470 50.745
201606 37.676 101.688 49.991
201609 37.803 101.861 50.074
201612 38.638 101.863 51.180
201703 38.101 102.862 49.978
201706 37.679 103.349 49.192
201709 38.464 104.136 49.837
201712 38.624 104.011 50.104
201803 38.214 105.290 48.971
201806 37.713 106.317 47.862
201809 38.477 106.507 48.744
201812 39.013 105.998 49.660
201903 39.243 107.251 49.370
201906 38.157 108.070 47.640
201909 32.782 108.329 40.831
201912 33.105 108.420 41.198
202003 32.718 108.902 40.537
202006 31.146 108.767 38.637
202009 32.017 109.815 39.338
202012 32.632 109.897 40.064
202103 33.611 111.754 40.580
202106 33.618 114.631 39.570
202109 19.683 115.734 22.947
202112 19.962 117.630 22.897
202203 15.218 121.301 16.927
202206 15.508 125.017 16.737
202209 13.913 125.227 14.991
202212 13.961 125.222 15.043
202303 12.484 127.348 13.227
202306 29.148 128.729 30.551
202309 13.399 129.860 13.922
202312 13.886 129.419 14.477
202403 13.430 131.776 13.751
202406 13.919 132.554 14.168
202409 14.343 133.029 14.548
202412 14.810 133.157 15.007
202503 14.926 134.927 14.926

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


Taiwan Alpha Electronics Co  (ROCO:6204) 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.

Taiwan Alpha Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.50/35.51
=1.87

* 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 Taiwan Alpha Electronics Co was 4.13. The lowest was 0.46. And the median was 1.75.


Be Aware

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


Taiwan Alpha Electronics Co Cyclically Adjusted Book per Share Related Terms

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


Taiwan Alpha Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1221, 1223, Zhongzheng Road, 9th Floor, Taoyuan, TWN
Taiwan Alpha Electronics Co Ltd is engaged in the e manufacturing, processing, and trading of variable resistors and switching silicon rectifiers, as well as the export of raw materials and products related to the preceding paragraph. operations and investments. Its products include potentiometers, switches, jacks, and encoders.

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