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UniTTEC Co (SZSE:000925) Cyclically Adjusted Book per Share : ¥4.18 (As of Mar. 2024)


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What is UniTTEC 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.

UniTTEC Co's adjusted book value per share for the three months ended in Mar. 2024 was ¥4.839. 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 ¥4.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UniTTEC Co's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 UniTTEC Co was 23.80% per year. The lowest was 6.00% per year. And the median was 11.70% per year.

As of today (2024-06-19), UniTTEC Co's current stock price is ¥6.77. UniTTEC Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.18. UniTTEC Co's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of UniTTEC Co was 23.74. The lowest was 1.45. And the median was 2.62.


UniTTEC Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for UniTTEC 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.

UniTTEC Co Cyclically Adjusted Book per Share Chart

UniTTEC 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 3.19 3.44 3.66 3.90 4.10

UniTTEC 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 3.95 3.98 4.06 4.10 4.18

Competitive Comparison of UniTTEC Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, UniTTEC 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.


UniTTEC Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, UniTTEC Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



UniTTEC 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, UniTTEC 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)
=4.839/115.2271*115.2271
=4.839

Current CPI (Mar. 2024) = 115.2271.

UniTTEC Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.110 98.200 2.476
201409 2.137 98.900 2.490
201412 2.154 99.000 2.507
201503 2.599 99.900 2.998
201506 2.620 99.500 3.034
201509 2.639 100.500 3.026
201512 2.685 100.600 3.075
201603 2.640 102.200 2.977
201606 2.696 101.400 3.064
201609 2.665 102.400 2.999
201612 2.530 102.600 2.841
201703 2.456 103.200 2.742
201706 4.977 103.100 5.562
201709 4.146 104.100 4.589
201712 4.189 104.500 4.619
201803 4.187 105.300 4.582
201806 4.224 104.900 4.640
201809 4.295 106.600 4.643
201812 4.257 106.500 4.606
201903 4.306 107.700 4.607
201906 4.332 107.700 4.635
201909 4.325 109.800 4.539
201912 4.408 111.200 4.568
202003 4.162 112.300 4.270
202006 4.296 110.400 4.484
202009 4.422 111.700 4.562
202012 4.516 111.500 4.667
202103 4.565 112.662 4.669
202106 4.615 111.769 4.758
202109 4.626 112.215 4.750
202112 4.791 113.108 4.881
202203 4.818 114.335 4.856
202206 4.769 114.558 4.797
202209 4.832 115.339 4.827
202212 4.961 115.116 4.966
202303 4.922 115.116 4.927
202306 4.907 114.558 4.936
202309 4.969 115.339 4.964
202312 5.091 114.781 5.111
202403 4.839 115.227 4.839

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


UniTTEC Co  (SZSE:000925) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.77/4.18
=1.62

* 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 UniTTEC Co was 23.74. The lowest was 1.45. And the median was 2.62.


Be Aware

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


UniTTEC Co Cyclically Adjusted Book per Share Related Terms

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


UniTTEC Co (SZSE:000925) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051
UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.
Executives
Pan Li Chun Director
Luo Jian Qiang Executives
Bian Jin Fei Executives
He Hao Executives
Lou Hong Hai Directors, executives
Zhao Qin Directors, executives
Tang Xin Liang Director
Ling Zhu Jun Executives
Wang Zhen Yu Executives
Shi Xiu Xia Executives
Li Jun Directors, executives
Lu Xi Wei Executives
Pan Rong Executives
Chen Jun Directors, executives
Jiang Xiang Yang Executives

UniTTEC Co (SZSE:000925) Headlines

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