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Ideal Bike (ROCO:8933) Cyclically Adjusted Book per Share : NT$14.43 (As of Mar. 2025)


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What is Ideal Bike 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.

Ideal Bike's adjusted book value per share for the three months ended in Mar. 2025 was NT$6.668. 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$14.43 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ideal Bike's average Cyclically Adjusted Book Growth Rate was -10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.30% 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 Ideal Bike was -2.90% per year. The lowest was -5.90% per year. And the median was -3.10% per year.

As of today (2025-06-01), Ideal Bike's current stock price is NT$6.59. Ideal Bike's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$14.43. Ideal Bike's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ideal Bike was 1.24. The lowest was 0.19. And the median was 0.62.


Ideal Bike Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ideal Bike'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.

Ideal Bike Cyclically Adjusted Book per Share Chart

Ideal Bike Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.85 17.71 17.37 16.26 14.78

Ideal Bike Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 16.07 15.73 15.31 14.78 14.43

Competitive Comparison of Ideal Bike's Cyclically Adjusted Book per Share

For the Leisure subindustry, Ideal Bike'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.


Ideal Bike's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ideal Bike 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, Ideal Bike's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.668/134.9266*134.9266
=6.668

Current CPI (Mar. 2025) = 134.9266.

Ideal Bike Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.756 100.684 27.815
201509 22.157 100.392 29.779
201512 22.626 99.792 30.592
201603 22.683 100.470 30.462
201606 21.310 101.688 28.276
201609 21.187 101.861 28.065
201612 21.678 101.863 28.715
201703 20.751 102.862 27.220
201706 20.837 103.349 27.204
201709 21.052 104.136 27.277
201712 20.057 104.011 26.019
201803 20.026 105.290 25.663
201806 20.006 106.317 25.390
201809 19.338 106.507 24.498
201812 6.891 105.998 8.772
201903 6.699 107.251 8.428
201906 5.468 108.070 6.827
201909 4.982 108.329 6.205
201912 5.038 108.420 6.270
202003 4.955 108.902 6.139
202006 4.954 108.767 6.145
202009 5.439 109.815 6.683
202012 5.387 109.897 6.614
202103 5.208 111.754 6.288
202106 6.375 114.631 7.504
202109 6.450 115.734 7.520
202112 6.600 117.630 7.571
202203 6.949 121.301 7.730
202206 7.254 125.017 7.829
202209 7.808 125.227 8.413
202212 7.876 125.222 8.486
202303 7.749 127.348 8.210
202306 7.580 128.729 7.945
202309 7.564 129.860 7.859
202312 7.031 129.419 7.330
202403 7.092 131.776 7.262
202406 7.254 132.554 7.384
202409 7.185 133.029 7.287
202412 6.703 133.157 6.792
202503 6.668 134.927 6.668

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


Ideal Bike  (ROCO:8933) 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.

Ideal Bike's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.59/14.43
=0.46

* 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 Ideal Bike was 1.24. The lowest was 0.19. And the median was 0.62.


Be Aware

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


Ideal Bike Cyclically Adjusted Book per Share Related Terms

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


Ideal Bike Business Description

Traded in Other Exchanges
N/A
Address
No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments. It derives maximum revenue from Manufacturing (OEM) segment.

Ideal Bike Headlines

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