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Grand Hall Enterprise Co (ROCO:8941) Cyclically Adjusted Book per Share : NT$27.16 (As of Mar. 2024)


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What is Grand Hall Enterprise 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.

Grand Hall Enterprise Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$30.375. 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$27.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grand Hall Enterprise Co's average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Grand Hall Enterprise Co was 10.30% per year. The lowest was 6.40% per year. And the median was 8.35% per year.

As of today (2024-06-18), Grand Hall Enterprise Co's current stock price is NT$77.30. Grand Hall Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$27.16. Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grand Hall Enterprise Co was 3.06. The lowest was 1.57. And the median was 2.01.


Grand Hall Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grand Hall Enterprise 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.

Grand Hall Enterprise Co Cyclically Adjusted Book per Share Chart

Grand Hall Enterprise 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 19.04 19.41 20.30 22.96 26.02

Grand Hall Enterprise 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 23.90 24.74 25.52 26.02 27.16

Competitive Comparison of Grand Hall Enterprise Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Grand Hall Enterprise 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.


Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio falls into.



Grand Hall Enterprise 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, Grand Hall Enterprise 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)
=30.375/131.7762*131.7762
=30.375

Current CPI (Mar. 2024) = 131.7762.

Grand Hall Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.422 100.560 8.416
201409 13.807 100.428 18.117
201412 13.489 99.070 17.942
201503 13.014 99.621 17.215
201506 14.583 100.684 19.086
201509 16.406 100.392 21.535
201512 22.032 99.792 29.093
201603 22.218 100.470 29.141
201606 23.678 101.688 30.684
201609 24.325 101.861 31.469
201612 21.624 101.863 27.974
201703 21.873 102.862 28.021
201706 21.810 103.349 27.809
201709 27.128 104.136 34.329
201712 23.690 104.011 30.014
201803 23.922 105.290 29.940
201806 20.954 106.317 25.972
201809 21.365 106.507 26.434
201812 20.104 105.998 24.993
201903 18.647 107.251 22.911
201906 20.478 108.070 24.970
201909 20.682 108.329 25.158
201912 21.578 108.420 26.226
202003 19.701 108.902 23.839
202006 23.706 108.767 28.721
202009 25.023 109.815 30.027
202012 27.260 109.897 32.687
202103 27.158 111.754 32.024
202106 29.237 114.631 33.610
202109 25.659 115.734 29.216
202112 26.561 117.630 29.755
202203 27.919 121.301 30.330
202206 26.630 125.017 28.070
202209 29.452 125.227 30.992
202212 27.773 125.222 29.227
202303 27.707 127.348 28.670
202306 30.915 128.729 31.647
202309 29.239 129.860 29.671
202312 29.497 129.419 30.034
202403 30.375 131.776 30.375

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


Grand Hall Enterprise Co  (ROCO:8941) 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.

Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=77.30/27.16
=2.85

* 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 Grand Hall Enterprise Co was 3.06. The lowest was 1.57. And the median was 2.01.


Be Aware

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


Grand Hall Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Grand Hall Enterprise Co (ROCO:8941) Business Description

Traded in Other Exchanges
N/A
Address
Rueiguang Road, 9th Floor, No. 298, Neihu District, Taipei, TWN, 114
Grand Hall Enterprise Co Ltd is engaged in the research and development, manufacturing and trading of gas-related equipment. It manufactures gas barbecue stoves including outdoor stoves, smart convertible frequency water heaters, and indoor stoves. It markets its products to North America, Europe, and Australia.

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