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Allied Circuit Co (ROCO:8155) Cyclically Adjusted Book per Share : NT$38.94 (As of Mar. 2024)


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What is Allied Circuit 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.

Allied Circuit Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$42.506. 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$38.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Allied Circuit Co's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Allied Circuit Co was 9.80% per year. The lowest was 9.80% per year. And the median was 9.80% per year.

As of today (2024-05-24), Allied Circuit Co's current stock price is NT$154.00. Allied Circuit Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$38.94. Allied Circuit Co's Cyclically Adjusted PB Ratio of today is 3.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allied Circuit Co was 6.73. The lowest was 2.39. And the median was 3.94.


Allied Circuit Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allied Circuit 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.

Allied Circuit Co Cyclically Adjusted Book per Share Chart

Allied Circuit 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 - 28.68 32.17 35.65 37.96

Allied Circuit Co 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 36.49 37.17 37.79 37.96 38.94

Competitive Comparison of Allied Circuit Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Allied Circuit 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.


Allied Circuit Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Allied Circuit 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, Allied Circuit Co'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)
=42.506/131.7762*131.7762
=42.506

Current CPI (Mar. 2024) = 131.7762.

Allied Circuit Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.573 100.560 29.580
201409 25.389 100.428 33.314
201412 26.252 99.070 34.919
201503 27.033 99.621 35.759
201506 25.042 100.684 32.775
201509 25.213 100.392 33.095
201512 26.319 99.792 34.754
201603 27.069 100.470 35.503
201606 25.958 101.688 33.639
201609 26.607 101.861 34.421
201612 27.507 101.863 35.585
201703 28.236 102.862 36.173
201706 26.738 103.349 34.093
201709 28.642 104.136 36.244
201712 30.740 104.011 38.946
201803 32.868 105.290 41.136
201806 30.217 106.317 37.453
201809 31.817 106.507 39.366
201812 32.595 105.998 40.522
201903 32.739 107.251 40.226
201906 28.260 108.070 34.459
201909 29.626 108.329 36.038
201912 31.398 108.420 38.162
202003 34.321 108.902 41.530
202006 34.269 108.767 41.518
202009 36.587 109.815 43.904
202012 38.439 109.897 46.092
202103 40.298 111.754 47.518
202106 34.818 114.631 40.026
202109 36.529 115.734 41.592
202112 39.280 117.630 44.004
202203 42.810 121.301 46.507
202206 40.630 125.017 42.827
202209 42.088 125.227 44.289
202212 44.072 125.222 46.379
202303 38.167 127.348 39.494
202306 39.230 128.729 40.159
202309 40.165 129.860 40.758
202312 41.712 129.419 42.472
202403 42.506 131.776 42.506

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


Allied Circuit Co  (ROCO:8155) 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.

Allied Circuit Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=154.00/38.94
=3.95

* 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 Allied Circuit Co was 6.73. The lowest was 2.39. And the median was 3.94.


Be Aware

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


Allied Circuit Co Cyclically Adjusted Book per Share Related Terms

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


Allied Circuit Co (ROCO:8155) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 128, Gong 2nd Road, Wulin Village, Longtan Township, Taoyuan, TWN, 32559
Allied Circuit Co Ltd is a Taiwan based electronic components manufacturing company. It is engaged in wholesale and retail of electronic materials. It offers Rigid Type Multi-Layer PCB and High-Density Inverter.

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