GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ASolid Technology Co Ltd (ROCO:6485) » Definitions » Cyclically Adjusted Book per Share

ASolid Technology Co (ROCO:6485) Cyclically Adjusted Book per Share : NT$34.95 (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is ASolid Technology 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.

ASolid Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$41.388. 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$34.95 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ASolid Technology Co's average Cyclically Adjusted Book Growth Rate was 7.10% 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.

As of today (2025-05-30), ASolid Technology Co's current stock price is NT$55.40. ASolid Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$34.95. ASolid Technology Co's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ASolid Technology Co was 3.85. The lowest was 1.21. And the median was 2.40.


ASolid Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for ASolid Technology 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.

ASolid Technology Co Cyclically Adjusted Book per Share Chart

ASolid Technology 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 - - - 31.79 34.11

ASolid Technology 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 32.63 33.39 33.70 34.11 34.95

Competitive Comparison of ASolid Technology Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, ASolid Technology 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.


ASolid Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


;
;

ASolid Technology 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, ASolid Technology 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)
=41.388/134.9266*134.9266
=41.388

Current CPI (Mar. 2025) = 134.9266.

ASolid Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.127 100.684 24.292
201509 19.448 100.392 26.138
201512 21.195 99.792 28.657
201603 22.238 100.470 29.864
201606 22.648 101.688 30.051
201609 23.602 101.861 31.264
201612 23.731 101.863 31.434
201703 23.331 102.862 30.604
201706 21.454 103.349 28.009
201709 21.061 104.136 27.288
201712 20.651 104.011 26.789
201803 20.739 105.290 26.577
201806 21.123 106.317 26.807
201809 22.076 106.507 27.967
201812 22.752 105.998 28.961
201903 22.990 107.251 28.923
201906 23.457 108.070 29.286
201909 24.033 108.329 29.934
201912 24.441 108.420 30.416
202003 24.582 108.902 30.457
202006 24.086 108.767 29.879
202009 24.339 109.815 29.905
202012 25.015 109.897 30.712
202103 26.441 111.754 31.924
202106 28.974 114.631 34.104
202109 32.887 115.734 38.341
202112 40.263 117.630 46.184
202203 44.271 121.301 49.244
202206 42.319 125.017 45.674
202209 43.149 125.227 46.491
202212 45.151 125.222 48.650
202303 45.979 127.348 48.715
202306 42.941 128.729 45.008
202309 43.145 129.860 44.829
202312 43.210 129.419 45.049
202403 42.444 131.776 43.459
202406 41.099 132.554 41.835
202409 40.863 133.029 41.446
202412 40.730 133.157 41.271
202503 41.388 134.927 41.388

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


ASolid Technology Co  (ROCO:6485) 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.

ASolid Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.40/34.95
=1.59

* 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 ASolid Technology Co was 3.85. The lowest was 1.21. And the median was 2.40.


Be Aware

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


ASolid Technology Co Cyclically Adjusted Book per Share Related Terms

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


ASolid Technology Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, 7 Floor-1, Number 83, Section 2, Hsinchu, TWN, 300
ASolid Technology Co Ltd mainly designs and sells flash memory controllers and peripheral system applications. It operates in a single segment of integrated circuit design. Its products include Flash Controller, Packaged Controller, and Others. Geographically it operates in China, Taiwan, South Korea, and Others, with majority of the revenue deriving from China.

ASolid Technology Co Headlines

No Headlines