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Taiwan Takisawa Technology Co (ROCO:6609) Cyclically Adjusted Book per Share : NT$34.58 (As of Sep. 2024)


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What is Taiwan Takisawa 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.

Taiwan Takisawa Technology Co's adjusted book value per share for the three months ended in Sep. 2024 was NT$34.663. 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$34.58 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Taiwan Takisawa Technology Co's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Taiwan Takisawa Technology Co was 7.70% per year. The lowest was 7.00% per year. And the median was 7.35% per year.

As of today (2025-01-18), Taiwan Takisawa Technology Co's current stock price is NT$70.80. Taiwan Takisawa Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$34.58. Taiwan Takisawa Technology Co's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taiwan Takisawa Technology Co was 3.37. The lowest was 0.80. And the median was 1.06.


Taiwan Takisawa Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taiwan Takisawa 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.

Taiwan Takisawa Technology Co Cyclically Adjusted Book per Share Chart

Taiwan Takisawa Technology Co 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 26.11 26.84 29.44 32.00 33.51

Taiwan Takisawa Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 33.56 33.51 34.16 34.41 34.58

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

For the Electronic Components subindustry, Taiwan Takisawa 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.


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

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

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



Taiwan Takisawa 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, Taiwan Takisawa Technology Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=34.663/133.0289*133.0289
=34.663

Current CPI (Sep. 2024) = 133.0289.

Taiwan Takisawa Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 25.616 99.070 34.397
201503 25.981 99.621 34.694
201506 24.381 100.684 32.213
201509 25.729 100.392 34.094
201512 26.281 99.792 35.034
201603 26.349 100.470 34.888
201606 25.224 101.688 32.998
201609 25.159 101.861 32.857
201612 25.533 101.863 33.345
201703 25.152 102.862 32.528
201706 25.230 103.349 32.476
201709 25.960 104.136 33.163
201712 27.034 104.011 34.576
201803 28.100 105.290 35.503
201806 28.324 106.317 35.440
201809 28.981 106.507 36.198
201812 29.968 105.998 37.610
201903 30.802 107.251 38.205
201906 29.099 108.070 35.820
201909 29.261 108.329 35.933
201912 29.490 108.420 36.184
202003 29.514 108.902 36.053
202006 28.388 108.767 34.720
202009 28.553 109.815 34.589
202012 28.837 109.897 34.907
202103 29.132 111.754 34.678
202106 29.887 114.631 34.684
202109 29.717 115.734 34.158
202112 30.547 117.630 34.546
202203 31.960 121.301 35.050
202206 31.557 125.017 33.579
202209 32.948 125.227 35.001
202212 34.218 125.222 36.351
202303 34.549 127.348 36.090
202306 31.366 128.729 32.414
202309 32.451 129.860 33.243
202312 32.926 129.419 33.844
202403 33.118 131.776 33.433
202406 33.102 132.554 33.221
202409 34.663 133.029 34.663

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


Taiwan Takisawa Technology Co  (ROCO:6609) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.80/34.58
=2.05

* 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 Taiwan Takisawa Technology Co was 3.37. The lowest was 0.80. And the median was 1.06.


Be Aware

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


Taiwan Takisawa Technology Co Cyclically Adjusted Book per Share Related Terms

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


Taiwan Takisawa Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 505, Sec. 3, Yanping Road, Pingzhen District, Taoyuan, TWN, 324
Taiwan Takisawa Technology Co Ltd is a Taiwan-based company engaged in manufacturing and selling machinery equipment and other electronic components. The company derives revenue from the sale of goods and the rendering of services. It offers a Computer numerical control lathe, OEM lathe, PCB driller, Precision lathe, and other components, and after-sale services, of which key revenue is generated from the Computer numerical control lathe.

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