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NEXCOM International Co (ROCO:8234) Cyclically Adjusted Book per Share : NT$21.98 (As of Mar. 2024)


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What is NEXCOM International 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.

NEXCOM International Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$22.779. 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$21.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NEXCOM International Co's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 NEXCOM International Co was 8.30% per year. The lowest was 7.30% per year. And the median was 7.80% per year.

As of today (2024-06-17), NEXCOM International Co's current stock price is NT$54.80. NEXCOM International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.98. NEXCOM International Co's Cyclically Adjusted PB Ratio of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NEXCOM International Co was 3.17. The lowest was 1.13. And the median was 1.49.


NEXCOM International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for NEXCOM International 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.

NEXCOM International Co Cyclically Adjusted Book per Share Chart

NEXCOM International 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 16.45 16.94 18.57 20.31 21.51

NEXCOM International 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 20.84 21.17 21.49 21.51 21.98

Competitive Comparison of NEXCOM International Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, NEXCOM International 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.


NEXCOM International Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



NEXCOM International 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, NEXCOM International 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)
=22.779/131.7762*131.7762
=22.779

Current CPI (Mar. 2024) = 131.7762.

NEXCOM International Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.119 100.560 19.812
201409 17.079 100.428 22.410
201412 17.550 99.070 23.344
201503 17.542 99.621 23.204
201506 15.742 100.684 20.603
201509 16.741 100.392 21.975
201512 16.937 99.792 22.365
201603 17.229 100.470 22.597
201606 16.429 101.688 21.290
201609 16.679 101.861 21.577
201612 17.275 101.863 22.348
201703 16.904 102.862 21.656
201706 16.040 103.349 20.452
201709 16.420 104.136 20.778
201712 16.701 104.011 21.159
201803 17.074 105.290 21.369
201806 16.620 106.317 20.600
201809 16.775 106.507 20.755
201812 17.334 105.998 21.550
201903 17.748 107.251 21.807
201906 17.607 108.070 21.469
201909 17.937 108.329 21.819
201912 18.284 108.420 22.223
202003 18.364 108.902 22.221
202006 17.809 108.767 21.576
202009 18.087 109.815 21.704
202012 18.530 109.897 22.219
202103 18.215 111.754 21.478
202106 18.248 114.631 20.977
202109 17.967 115.734 20.457
202112 18.627 117.630 20.867
202203 19.397 121.301 21.072
202206 19.118 125.017 20.152
202209 23.842 125.227 25.089
202212 24.366 125.222 25.641
202303 25.189 127.348 26.065
202306 22.425 128.729 22.956
202309 23.390 129.860 23.735
202312 22.690 129.419 23.103
202403 22.779 131.776 22.779

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


NEXCOM International Co  (ROCO:8234) 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.

NEXCOM International Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.80/21.98
=2.49

* 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 NEXCOM International Co was 3.17. The lowest was 1.13. And the median was 1.49.


Be Aware

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


NEXCOM International Co Cyclically Adjusted Book per Share Related Terms

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


NEXCOM International Co (ROCO:8234) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zhongzheng Rd, 9th Floor, No.920, Zhonghe District, New Taipei City, TWN, 23586
NEXCOM International Co Ltd is engaged in the research and development, and manufacture of computer peripheral equipment and electronic components in Taiwan. It offers industrial computers, network security products, onboard computer products, multimedia products, network communication products, customized products, and related application software, among others. The group has a presence in Taiwan, Asia, America, and Europe.

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