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Radiation Technology (ROCO:6514) Cyclically Adjusted Book per Share : NT$22.97 (As of Mar. 2024)


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What is Radiation Technology 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.

Radiation Technology's adjusted book value per share for the three months ended in Mar. 2024 was NT$20.404. 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$22.97 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 (2024-06-19), Radiation Technology's current stock price is NT$53.00. Radiation Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$22.97. Radiation Technology's Cyclically Adjusted PB Ratio of today is 2.31.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Radiation Technology was 2.34. The lowest was 2.15. And the median was 2.29.


Radiation Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Radiation Technology'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.

Radiation Technology Cyclically Adjusted Book per Share Chart

Radiation Technology 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 - - - - 22.63

Radiation Technology 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 - - 22.62 22.63 22.97

Competitive Comparison of Radiation Technology's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Radiation Technology'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.


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

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

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



Radiation Technology 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, Radiation Technology'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)
=20.404/131.7762*131.7762
=20.404

Current CPI (Mar. 2024) = 131.7762.

Radiation Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 14.910 99.070 19.832
201503 15.264 99.621 20.191
201506 14.205 100.684 18.592
201509 15.291 100.392 20.071
201512 17.923 99.792 23.667
201603 17.690 100.470 23.202
201606 16.395 101.688 21.246
201609 16.156 101.861 20.901
201612 16.697 101.863 21.600
201703 16.416 102.862 21.030
201706 16.941 103.349 21.601
201709 17.361 104.136 21.969
201712 17.640 104.011 22.349
201803 17.953 105.290 22.469
201806 17.678 106.317 21.911
201809 17.822 106.507 22.050
201812 18.526 105.998 23.031
201903 19.433 107.251 23.877
201906 19.942 108.070 24.317
201909 22.324 108.329 27.156
201912 22.652 108.420 27.532
202003 22.765 108.902 27.547
202006 20.511 108.767 24.850
202009 21.157 109.815 25.388
202012 21.998 109.897 26.378
202103 22.498 111.754 26.529
202106 19.655 114.631 22.595
202109 20.513 115.734 23.356
202112 21.520 117.630 24.108
202203 23.104 121.301 25.099
202206 20.809 125.017 21.934
202209 22.842 125.227 24.037
202212 22.853 125.222 24.049
202303 0.000 127.348 0.000
202306 20.383 128.729 20.866
202309 21.759 129.860 22.080
202312 21.786 129.419 22.183
202403 20.404 131.776 20.404

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


Radiation Technology  (ROCO:6514) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/22.97
=2.31

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Radiation Technology was 2.34. The lowest was 2.15. And the median was 2.29.


Be Aware

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


Radiation Technology Cyclically Adjusted Book per Share Related Terms

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


Radiation Technology (ROCO:6514) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2nd floor, Number 1, Gongjian Road, Qidu District, Keelung, TWN, 206
Radiation Technology Inc designs and manufactures antennas, cable assembly, and other communication products in Taiwan. It offers LTE/4G/BTS, IoT/Intelligent, Automotive, RFID/healthcare, GPS/transportation, and wireless communication antennas, as well as semi-rigid and flexible RF cable assembly products, RF connectors, wire harness, medical cables, computer cables, network cables, microwave devices, and others. It generates a vast majority of its revenues from the sales of antenna and component of communication equipment. The company has operations in Mainland China, Asia, America, Europe, and Oceania.

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