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Bon Fame Co (ROCO:8433) Cyclically Adjusted Book per Share : NT$31.28 (As of Dec. 2023)


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What is Bon Fame 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.

Bon Fame Co's adjusted book value per share for the three months ended in Dec. 2023 was NT$42.005. 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$31.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bon Fame Co's average Cyclically Adjusted Book Growth Rate was 7.80% 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 Bon Fame Co was 7.70% per year. The lowest was 7.70% per year. And the median was 7.70% per year.

As of today (2024-04-30), Bon Fame Co's current stock price is NT$98.90. Bon Fame Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$31.28. Bon Fame Co's Cyclically Adjusted PB Ratio of today is 3.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bon Fame Co was 3.42. The lowest was 1.52. And the median was 1.94.


Bon Fame Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bon Fame 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.

Bon Fame Co Cyclically Adjusted Book per Share Chart

Bon Fame 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 - 25.02 26.45 29.03 31.28

Bon Fame Co 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 29.03 29.78 30.33 31.00 31.28

Competitive Comparison of Bon Fame Co's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Bon Fame 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.


Bon Fame Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bon Fame Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bon Fame 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, Bon Fame Co'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)
=42.005/129.4194*129.4194
=42.005

Current CPI (Dec. 2023) = 129.4194.

Bon Fame Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.999 99.695 27.260
201406 18.545 100.560 23.867
201409 20.026 100.428 25.807
201412 21.671 99.070 28.310
201503 22.727 99.621 29.525
201506 20.530 100.684 26.389
201509 22.937 100.392 29.569
201512 24.644 99.792 31.960
201603 26.149 100.470 33.683
201606 22.224 101.688 28.285
201609 23.434 101.861 29.774
201612 25.431 101.863 32.311
201703 25.039 102.862 31.504
201706 20.985 103.349 26.279
201709 23.196 104.136 28.828
201712 24.295 104.011 30.230
201803 25.242 105.290 31.027
201806 22.232 106.317 27.063
201809 23.583 106.507 28.656
201812 25.311 105.998 30.904
201903 26.595 107.251 32.092
201906 24.696 108.070 29.575
201909 25.525 108.329 30.494
201912 25.792 108.420 30.788
202003 26.448 108.902 31.431
202006 24.827 108.767 29.541
202009 25.931 109.815 30.560
202012 27.106 109.897 31.921
202103 27.798 111.754 32.192
202106 25.878 114.631 29.216
202109 27.213 115.734 30.431
202112 29.056 117.630 31.968
202203 31.352 121.301 33.450
202206 31.473 125.017 32.581
202209 35.935 125.227 37.138
202212 36.850 125.222 38.085
202303 38.539 127.348 39.166
202306 36.120 128.729 36.314
202309 41.232 129.860 41.092
202312 42.005 129.419 42.005

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


Bon Fame Co  (ROCO:8433) 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.

Bon Fame Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=98.90/31.28
=3.16

* 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 Bon Fame Co was 3.42. The lowest was 1.52. And the median was 1.94.


Be Aware

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


Bon Fame Co Cyclically Adjusted Book per Share Related Terms

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


Bon Fame Co (ROCO:8433) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No.17, Lane 360, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Bon Fame Co Ltd is a Taiwan-based company engaged in the business of fashion hair accessories, hair brushes and combs, fashion costume jewellery, fashion cosmetic bags, and fashion handbags.

Bon Fame Co (ROCO:8433) Headlines

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