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Interactive Digital Technologies (ROCO:6486) Cyclically Adjusted Book per Share : NT$33.54 (As of Mar. 2024)


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What is Interactive Digital 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.

Interactive Digital Technologies's adjusted book value per share for the three months ended in Mar. 2024 was NT$35.427. 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$33.54 for the trailing ten years ended in Mar. 2024.

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 (2024-05-16), Interactive Digital Technologies's current stock price is NT$93.50. Interactive Digital Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$33.54. Interactive Digital Technologies's Cyclically Adjusted PB Ratio of today is 2.79.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Interactive Digital Technologies was 2.83. The lowest was 2.07. And the median was 2.25.


Interactive Digital Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Interactive Digital 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.

Interactive Digital Technologies Cyclically Adjusted Book per Share Chart

Interactive Digital 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 - - - - 33.49

Interactive Digital 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 - - 33.50 33.49 33.54

Competitive Comparison of Interactive Digital Technologies's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Interactive Digital 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.


Interactive Digital Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Interactive Digital 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, Interactive Digital 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)
=35.427/129.4194*129.4194
=35.427

Current CPI (Mar. 2024) = 129.4194.

Interactive Digital Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201312 24.475 98.326 32.215
201406 22.528 100.560 28.993
201412 26.355 99.070 34.429
201503 0.000 99.621 0.000
201506 22.919 100.684 29.460
201509 0.000 100.392 0.000
201512 25.729 99.792 33.368
201603 26.453 100.470 34.075
201606 23.651 101.688 30.101
201609 26.115 101.861 33.180
201612 28.094 101.863 35.694
201703 29.026 102.862 36.520
201706 25.442 103.349 31.860
201709 26.386 104.136 32.792
201712 28.276 104.011 35.183
201803 29.601 105.290 36.385
201806 26.447 106.317 32.194
201809 25.162 106.507 30.575
201812 27.129 105.998 33.123
201903 28.564 107.251 34.468
201906 25.835 108.070 30.939
201909 27.387 108.329 32.719
201912 29.474 108.420 35.183
202003 30.278 108.902 35.983
202006 26.187 108.767 31.159
202009 26.536 109.815 31.273
202012 31.283 109.897 36.840
202103 33.446 111.754 38.733
202106 33.904 114.631 38.278
202109 29.448 115.734 32.930
202112 32.434 117.630 35.685
202203 27.642 121.301 29.492
202206 28.805 125.017 29.819
202209 30.468 125.227 31.488
202212 32.691 125.222 33.787
202303 29.698 127.348 30.181
202306 33.374 128.729 33.553
202309 36.125 129.860 36.003
202312 40.330 129.419 40.330
202403 35.427 129.419 35.427

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


Interactive Digital Technologies  (ROCO:6486) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=93.50/33.54
=2.79

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Interactive Digital Technologies was 2.83. The lowest was 2.07. And the median was 2.25.


Be Aware

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


Interactive Digital Technologies Cyclically Adjusted Book per Share Related Terms

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


Interactive Digital Technologies (ROCO:6486) Business Description

Traded in Other Exchanges
N/A
Address
No.38-1, Wugong 5th Road, Wugu District, New Taipei Industrial Park, New Taipei City, TWN, 248020
Interactive Digital Technologies Inc is a Taiwan-based company involved in providing software application services. The company is mainly engaged in cable television network and broadband transmission, wireless network, media, IT & cloud services, geographical information system-related software, and hardware sales and maintenance.

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