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Syngen Biotech Co (ROCO:8279) Cyclically Adjusted Book per Share : NT$52.86 (As of Mar. 2024)


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What is Syngen Biotech 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.

Syngen Biotech Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$75.868. 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$52.86 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 (2024-06-17), Syngen Biotech Co's current stock price is NT$156.00. Syngen Biotech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$52.86. Syngen Biotech Co's Cyclically Adjusted PB Ratio of today is 2.95.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Syngen Biotech Co was 3.40. The lowest was 2.84. And the median was 2.99.


Syngen Biotech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Syngen Biotech 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.

Syngen Biotech Co Cyclically Adjusted Book per Share Chart

Syngen Biotech 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 - - - - 51.31

Syngen Biotech 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 - - 49.80 51.31 52.86

Competitive Comparison of Syngen Biotech Co's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Syngen Biotech 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.


Syngen Biotech Co's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Syngen Biotech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Syngen Biotech 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, Syngen Biotech 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)
=75.868/131.7762*131.7762
=75.868

Current CPI (Mar. 2024) = 131.7762.

Syngen Biotech Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 13.035 98.326 17.469
201406 14.056 100.560 18.419
201412 14.914 99.070 19.838
201503 0.000 99.621 0.000
201506 17.912 100.684 23.443
201509 0.000 100.392 0.000
201512 19.274 99.792 25.451
201603 19.966 100.470 26.187
201606 20.662 101.688 26.776
201609 26.104 101.861 33.770
201612 27.037 101.863 34.977
201703 27.903 102.862 35.746
201706 28.899 103.349 36.848
201709 31.358 104.136 39.681
201712 32.413 104.011 41.065
201803 32.902 105.290 41.179
201806 33.192 106.317 41.140
201809 35.223 106.507 43.580
201812 37.044 105.998 46.053
201903 38.483 107.251 47.283
201906 38.529 108.070 46.981
201909 51.618 108.329 62.790
201912 55.035 108.420 66.891
202003 53.511 108.902 64.751
202006 56.262 108.767 68.164
202009 58.463 109.815 70.155
202012 60.002 109.897 71.948
202103 57.995 111.754 68.385
202106 60.355 114.631 69.382
202109 62.894 115.734 71.612
202112 65.362 117.630 73.223
202203 63.976 121.301 69.501
202206 67.510 125.017 71.160
202209 70.884 125.227 74.591
202212 73.486 125.222 77.332
202303 71.183 127.348 73.658
202306 73.932 128.729 75.682
202309 76.528 129.860 77.658
202312 78.655 129.419 80.087
202403 75.868 131.776 75.868

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


Syngen Biotech Co  (ROCO:8279) 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.

Syngen Biotech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=156.00/52.86
=2.95

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Syngen Biotech Co was 3.40. The lowest was 2.84. And the median was 2.99.


Be Aware

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


Syngen Biotech Co Cyclically Adjusted Book per Share Related Terms

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


Syngen Biotech Co (ROCO:8279) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Building A, NO.154, Kai-Yuan Road, Xinying District, Tainan, TWN, 73055
Syngen Biotech Co Ltd is a biotechnology company. It is engaged in the manufacturing, sales, and trading of microbial pharmaceutical raw materials. It also provides the design and development of health food and biochemical nutrition. The company's products include pharmaceutical ingredients, nutritional ingredients, biology fermentation products, biology agriculture and aquaculture products.

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