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Motech Industries Co (ROCO:6244) Cyclically Adjusted Book per Share : NT$25.06 (As of Dec. 2024)


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What is Motech Industries 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.

Motech Industries Co's adjusted book value per share for the three months ended in Dec. 2024 was NT$11.488. 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$25.06 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Motech Industries Co's average Cyclically Adjusted Book Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.30% 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 Motech Industries Co was -10.10% per year. The lowest was -11.80% per year. And the median was -10.75% per year.

As of today (2025-05-31), Motech Industries Co's current stock price is NT$19.80. Motech Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$25.06. Motech Industries Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Motech Industries Co was 1.27. The lowest was 0.14. And the median was 0.83.


Motech Industries Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Motech Industries 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.

Motech Industries Co Cyclically Adjusted Book per Share Chart

Motech Industries 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 41.56 36.48 33.07 29.24 25.06

Motech Industries Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 29.24 28.46 27.35 26.23 25.06

Competitive Comparison of Motech Industries Co's Cyclically Adjusted Book per Share

For the Solar subindustry, Motech Industries 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.


Motech Industries Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Motech Industries 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, Motech Industries Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=11.488/133.1571*133.1571
=11.488

Current CPI (Dec. 2024) = 133.1571.

Motech Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 42.220 99.621 56.433
201506 41.438 100.684 54.803
201509 42.144 100.392 55.899
201512 43.478 99.792 58.014
201603 45.684 100.470 60.547
201606 46.763 101.688 61.235
201609 43.351 101.861 56.670
201612 40.101 101.863 52.421
201703 36.341 102.862 47.044
201706 34.578 103.349 44.551
201709 33.909 104.136 43.359
201712 31.210 104.011 39.956
201803 28.295 105.290 35.784
201806 22.502 106.317 28.183
201809 18.643 106.507 23.308
201812 12.242 105.998 15.379
201903 11.342 107.251 14.082
201906 10.668 108.070 13.145
201909 10.452 108.329 12.847
201912 8.367 108.420 10.276
202003 8.090 108.902 9.892
202006 8.522 108.767 10.433
202009 8.951 109.815 10.854
202012 8.814 109.897 10.680
202103 8.796 111.754 10.481
202106 8.855 114.631 10.286
202109 8.899 115.734 10.239
202112 8.940 117.630 10.120
202203 9.486 121.301 10.413
202206 9.357 125.017 9.966
202209 10.837 125.227 11.523
202212 10.993 125.222 11.690
202303 11.407 127.348 11.927
202306 10.912 128.729 11.287
202309 11.200 129.860 11.484
202312 11.057 129.419 11.376
202403 11.456 131.776 11.576
202406 11.292 132.554 11.343
202409 11.391 133.029 11.402
202412 11.488 133.157 11.488

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


Motech Industries Co  (ROCO:6244) 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.

Motech Industries Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.80/25.06
=0.79

* 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 Motech Industries Co was 1.27. The lowest was 0.14. And the median was 0.83.


Be Aware

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


Motech Industries Co Cyclically Adjusted Book per Share Related Terms

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


Motech Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Pei-Shen Road, 6th Floor, No. 248, Section 3, Shen-Keng District, New Taipei City, TWN, 222
Motech Industries Co Ltd is a company whose activities are the manufacturing, marketing, and sale of solar cells, solar modules, photovoltaic inverters, the marketing, design, and engineering of photovoltaic (PV) power systems, and solar power generation.

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