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Advanced Microelectronic Products (ROCO:6287) Cyclically Adjusted Book per Share : NT$4.82 (As of Mar. 2024)


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What is Advanced Microelectronic Products 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.

Advanced Microelectronic Products's adjusted book value per share for the three months ended in Mar. 2024 was NT$1.373. 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$4.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Advanced Microelectronic Products's average Cyclically Adjusted Book Growth Rate was -29.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -30.60% 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 Advanced Microelectronic Products was -25.20% per year. The lowest was -30.60% per year. And the median was -27.90% per year.

As of today (2024-06-10), Advanced Microelectronic Products's current stock price is NT$12.00. Advanced Microelectronic Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$4.82. Advanced Microelectronic Products's Cyclically Adjusted PB Ratio of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advanced Microelectronic Products was 4.95. The lowest was 0.27. And the median was 2.85.


Advanced Microelectronic Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Advanced Microelectronic Products'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.

Advanced Microelectronic Products Cyclically Adjusted Book per Share Chart

Advanced Microelectronic Products 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 17.93 15.55 11.38 7.50 5.20

Advanced Microelectronic Products 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 6.86 6.26 5.71 5.20 4.82

Competitive Comparison of Advanced Microelectronic Products's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Advanced Microelectronic Products'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.


Advanced Microelectronic Products's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Advanced Microelectronic Products's Cyclically Adjusted PB Ratio falls into.



Advanced Microelectronic Products 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, Advanced Microelectronic Products'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)
=1.373/131.7762*131.7762
=1.373

Current CPI (Mar. 2024) = 131.7762.

Advanced Microelectronic Products Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.548 100.560 19.064
201409 13.023 100.428 17.088
201412 11.898 99.070 15.826
201503 10.445 99.621 13.816
201506 8.647 100.684 11.317
201509 7.132 100.392 9.362
201512 4.831 99.792 6.379
201603 2.932 100.470 3.846
201606 1.420 101.688 1.840
201609 1.444 101.861 1.868
201612 4.678 101.863 6.052
201703 3.913 102.862 5.013
201706 3.799 103.349 4.844
201709 3.478 104.136 4.401
201712 3.378 104.011 4.280
201803 3.222 105.290 4.033
201806 3.134 106.317 3.884
201809 3.111 106.507 3.849
201812 2.896 105.998 3.600
201903 2.208 107.251 2.713
201906 3.768 108.070 4.595
201909 3.061 108.329 3.724
201912 2.109 108.420 2.563
202003 1.593 108.902 1.928
202006 1.087 108.767 1.317
202009 0.946 109.815 1.135
202012 0.771 109.897 0.924
202103 0.552 111.754 0.651
202106 0.714 114.631 0.821
202109 1.376 115.734 1.567
202112 1.713 117.630 1.919
202203 2.325 121.301 2.526
202206 2.987 125.017 3.149
202209 3.771 125.227 3.968
202212 4.077 125.222 4.290
202303 4.096 127.348 4.238
202306 3.702 128.729 3.790
202309 3.143 129.860 3.189
202312 2.176 129.419 2.216
202403 1.373 131.776 1.373

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


Advanced Microelectronic Products  (ROCO:6287) 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.

Advanced Microelectronic Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.00/4.82
=2.49

* 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 Advanced Microelectronic Products was 4.95. The lowest was 0.27. And the median was 2.85.


Be Aware

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


Advanced Microelectronic Products Cyclically Adjusted Book per Share Related Terms

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


Advanced Microelectronic Products (ROCO:6287) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Yanfa Road. 2, Hsinchu Science Park, Hsinchu, TWN, 300
Advanced Microelectronic Products Inc is a Taiwan-based company mainly engaged in the research and development, production, manufacturing, marketing and after-sales servicing of various discrete components, power semiconductors, integrated circuit products and their application products.

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