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Nextronics Engineering (ROCO:8147) Cyclically Adjusted Book per Share : NT$25.45 (As of Dec. 2023)


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What is Nextronics Engineering 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.

Nextronics Engineering's adjusted book value per share for the three months ended in Dec. 2023 was NT$27.967. 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$25.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nextronics Engineering's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Nextronics Engineering was 8.80% per year. The lowest was 8.80% per year. And the median was 8.80% per year.

As of today (2024-05-01), Nextronics Engineering's current stock price is NT$104.50. Nextronics Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$25.45. Nextronics Engineering's Cyclically Adjusted PB Ratio of today is 4.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nextronics Engineering was 5.23. The lowest was 1.96. And the median was 2.58.


Nextronics Engineering Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nextronics Engineering'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.

Nextronics Engineering Cyclically Adjusted Book per Share Chart

Nextronics Engineering 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 - 19.74 21.68 23.82 25.45

Nextronics Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.82 24.47 24.91 25.33 25.45

Competitive Comparison of Nextronics Engineering's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Nextronics Engineering'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.


Nextronics Engineering's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Nextronics Engineering 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, Nextronics Engineering's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=27.967/129.4194*129.4194
=27.967

Current CPI (Dec. 2023) = 129.4194.

Nextronics Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.876 99.695 20.610
201406 15.834 100.560 20.378
201409 17.673 100.428 22.775
201412 17.634 99.070 23.036
201503 19.013 99.621 24.700
201506 17.703 100.684 22.755
201509 20.445 100.392 26.357
201512 23.690 99.792 30.723
201603 22.451 100.470 28.920
201606 20.874 101.688 26.567
201609 21.212 101.861 26.951
201612 21.781 101.863 27.673
201703 21.528 102.862 27.086
201706 19.991 103.349 25.034
201709 20.567 104.136 25.561
201712 21.434 104.011 26.670
201803 22.199 105.290 27.286
201806 20.328 106.317 24.745
201809 20.569 106.507 24.994
201812 21.120 105.998 25.787
201903 21.267 107.251 25.663
201906 20.629 108.070 24.704
201909 20.189 108.329 24.119
201912 20.108 108.420 24.003
202003 19.833 108.902 23.570
202006 20.597 108.767 24.508
202009 21.031 109.815 24.786
202012 21.134 109.897 24.888
202103 21.111 111.754 24.448
202106 21.808 114.631 24.621
202109 21.728 115.734 24.297
202112 21.987 117.630 24.191
202203 24.698 121.301 26.351
202206 24.569 125.017 25.434
202209 26.136 125.227 27.011
202212 26.965 125.222 27.869
202303 27.387 127.348 27.833
202306 25.972 128.729 26.111
202309 27.202 129.860 27.110
202312 27.967 129.419 27.967

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


Nextronics Engineering  (ROCO:8147) 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.

Nextronics Engineering's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=104.50/25.45
=4.11

* 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 Nextronics Engineering was 5.23. The lowest was 1.96. And the median was 2.58.


Be Aware

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


Nextronics Engineering Cyclically Adjusted Book per Share Related Terms

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


Nextronics Engineering (ROCO:8147) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.31, Lane 169, Kangning Street, 2nd floor, Xizhi District, New Taipei City, TWN, 221
Nextronics Engineering Corp is a Taiwan based system packaging manufacturer. It is primarily engaged in the manufacture and sales of systems, subrack, backplane, front panel and accessory, connector and press fit machine.

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