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Tekom Technologies (ROCO:6294) Cyclically Adjusted Book per Share : NT$23.64 (As of Mar. 2024)


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What is Tekom Technologies 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.

Tekom Technologies's adjusted book value per share for the three months ended in Mar. 2024 was NT$22.414. 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$23.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tekom Technologies's average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 Tekom Technologies was 16.70% per year. The lowest was 16.60% per year. And the median was 16.65% per year.

As of today (2024-06-19), Tekom Technologies's current stock price is NT$101.00. Tekom Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$23.64. Tekom Technologies's Cyclically Adjusted PB Ratio of today is 4.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tekom Technologies was 9.52. The lowest was 4.25. And the median was 5.96.


Tekom Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tekom Technologies'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.

Tekom Technologies Cyclically Adjusted Book per Share Chart

Tekom Technologies 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 13.09 14.41 17.78 20.75 22.89

Tekom Technologies 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 21.13 21.78 22.43 22.89 23.64

Competitive Comparison of Tekom Technologies's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Tekom Technologies'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.


Tekom Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Tekom Technologies 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, Tekom Technologies'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)
=22.414/131.7762*131.7762
=22.414

Current CPI (Mar. 2024) = 131.7762.

Tekom Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.020 100.560 9.199
201409 7.044 100.428 9.243
201412 6.999 99.070 9.310
201503 7.937 99.621 10.499
201506 10.052 100.684 13.156
201509 10.782 100.392 14.153
201512 12.066 99.792 15.933
201603 14.526 100.470 19.052
201606 15.229 101.688 19.735
201609 17.108 101.861 22.132
201612 18.266 101.863 23.630
201703 20.293 102.862 25.997
201706 17.053 103.349 21.744
201709 18.625 104.136 23.569
201712 20.539 104.011 26.022
201803 22.643 105.290 28.339
201806 19.465 106.317 24.126
201809 21.048 106.507 26.042
201812 22.259 105.998 27.672
201903 24.088 107.251 29.596
201906 19.453 108.070 23.720
201909 20.976 108.329 25.516
201912 23.126 108.420 28.108
202003 17.532 108.902 21.215
202006 20.841 108.767 25.250
202009 23.451 109.815 28.141
202012 26.287 109.897 31.520
202103 29.014 111.754 34.212
202106 24.512 114.631 28.178
202109 26.712 115.734 30.415
202112 28.924 117.630 32.403
202203 21.055 121.301 22.873
202206 24.585 125.017 25.914
202209 26.484 125.227 27.869
202212 29.395 125.222 30.934
202303 22.192 127.348 22.964
202306 25.758 128.729 26.368
202309 27.284 129.860 27.687
202312 30.053 129.419 30.600
202403 22.414 131.776 22.414

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


Tekom Technologies  (ROCO:6294) 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.

Tekom Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.00/23.64
=4.27

* 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 Tekom Technologies was 9.52. The lowest was 4.25. And the median was 5.96.


Be Aware

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


Tekom Technologies Cyclically Adjusted Book per Share Related Terms

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


Tekom Technologies (ROCO:6294) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8F , No.156, Mingcheng 4th Road, Gushan District, Kaohsiung, TWN, 804
Tekom Technologies, Inc. is engaged in the design and production of touch panel and digital imaging products. The Company's main products include digital camera for compute, digital cameras, network cameras, GPS tracking services platform, etc.

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