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Kuo Toong International Co (ROCO:8936) Cyclically Adjusted Book per Share : NT$23.23 (As of Dec. 2024)


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What is Kuo Toong 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.

Kuo Toong International Co's adjusted book value per share for the three months ended in Dec. 2024 was NT$25.372. 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$23.23 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Kuo Toong International Co's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Kuo Toong International Co was 4.10% per year. The lowest was 2.80% per year. And the median was 3.50% per year.

As of today (2025-04-27), Kuo Toong International Co's current stock price is NT$56.30. Kuo Toong International Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$23.23. Kuo Toong International Co's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuo Toong International Co was 3.96. The lowest was 0.55. And the median was 1.11.


Kuo Toong International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuo Toong 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.

Kuo Toong International Co Cyclically Adjusted Book per Share Chart

Kuo Toong International Co 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 20.55 21.41 22.45 22.90 23.23

Kuo Toong International Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.90 23.23 23.29 23.29 23.23

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

For the Engineering & Construction subindustry, Kuo Toong 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.


Kuo Toong International Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kuo Toong International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kuo Toong 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, Kuo Toong International Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=25.372/133.1571*133.1571
=25.372

Current CPI (Dec. 2024) = 133.1571.

Kuo Toong International Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 21.768 99.621 29.096
201506 20.460 100.684 27.059
201509 21.599 100.392 28.648
201512 21.464 99.792 28.640
201603 21.622 100.470 28.656
201606 20.916 101.688 27.389
201609 19.943 101.861 26.070
201612 18.051 101.863 23.597
201703 17.667 102.862 22.870
201706 17.500 103.349 22.547
201709 17.077 104.136 21.836
201712 16.397 104.011 20.992
201803 16.598 105.290 20.991
201806 17.260 106.317 21.617
201809 17.170 106.507 21.466
201812 17.216 105.998 21.627
201903 17.643 107.251 21.905
201906 17.635 108.070 21.729
201909 17.866 108.329 21.961
201912 17.556 108.420 21.562
202003 17.588 108.902 21.505
202006 17.484 108.767 21.405
202009 17.454 109.815 21.164
202012 18.682 109.897 22.636
202103 18.217 111.754 21.706
202106 18.668 114.631 21.685
202109 18.766 115.734 21.591
202112 19.353 117.630 21.908
202203 19.590 121.301 21.505
202206 20.403 125.017 21.732
202209 21.016 125.227 22.347
202212 21.604 125.222 22.973
202303 22.311 127.348 23.329
202306 21.169 128.729 21.897
202309 22.062 129.860 22.622
202312 22.843 129.419 23.503
202403 23.275 131.776 23.519
202406 22.717 132.554 22.820
202409 23.863 133.029 23.886
202412 25.372 133.157 25.372

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


Kuo Toong International Co  (ROCO:8936) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.30/23.23
=2.42

* 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 Kuo Toong International Co was 3.96. The lowest was 0.55. And the median was 1.11.


Be Aware

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


Kuo Toong International Co Cyclically Adjusted Book per Share Related Terms

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


Kuo Toong International Co Business Description

Traded in Other Exchanges
N/A
Address
No. 91, Dashun 1st Road, 8th Floor, Zuoying District, Kaohsiung, TWN, 81357
Kuo Toong International Co Ltd is engaged in manufacturing and trading various prestressed concrete pipes, straight steel pipes, propelling steel pipes, ductile iron pipes, cement products, spare parts, assembling and embedding various water pipes, spare parts, and precision chemical material manufacturing. Its segments include Kuo Toong, Kuo Yang, Taiming, and other.

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