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TCC Group Holdings Co (TCC Group Holdings Co) Cyclically Adjusted Book per Share : $0.99 (As of Mar. 2024)


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What is TCC Group Holdings 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.

TCC Group Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was $0.993. 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 $0.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TCC Group Holdings Co's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 TCC Group Holdings Co was 7.50% per year. The lowest was 7.50% per year. And the median was 7.50% per year.

As of today (2024-06-07), TCC Group Holdings Co's current stock price is $0.9892. TCC Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.99. TCC Group Holdings Co's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TCC Group Holdings Co was 1.86. The lowest was 0.99. And the median was 1.47.


TCC Group Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for TCC Group Holdings 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.

TCC Group Holdings Co Cyclically Adjusted Book per Share Chart

TCC Group Holdings 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 - - - 0.89 0.89

TCC Group Holdings 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 0.83 0.81 0.94 0.89 0.99

Competitive Comparison of TCC Group Holdings Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, TCC Group Holdings 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.


TCC Group Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, TCC Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TCC Group Holdings 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, TCC Group Holdings 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)
=0.993/131.7762*131.7762
=0.993

Current CPI (Mar. 2024) = 131.7762.

TCC Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.717 100.560 0.940
201409 0.737 100.428 0.967
201412 0.750 99.070 0.998
201503 0.750 99.621 0.992
201506 0.707 100.684 0.925
201509 0.667 100.392 0.876
201512 0.656 99.792 0.866
201603 0.658 100.470 0.863
201606 0.631 101.688 0.818
201609 0.666 101.861 0.862
201612 0.665 101.863 0.860
201703 0.700 102.862 0.897
201706 0.699 103.349 0.891
201709 0.742 104.136 0.939
201712 0.788 104.011 0.998
201803 0.888 105.290 1.111
201806 0.872 106.317 1.081
201809 0.878 106.507 1.086
201812 0.924 105.998 1.149
201903 0.949 107.251 1.166
201906 0.923 108.070 1.125
201909 0.928 108.329 1.129
201912 1.005 108.420 1.221
202003 1.012 108.902 1.225
202006 0.969 108.767 1.174
202009 1.040 109.815 1.248
202012 1.137 109.897 1.363
202103 1.141 111.754 1.345
202106 1.183 114.631 1.360
202109 1.071 115.734 1.219
202112 1.085 117.630 1.215
202203 1.113 121.301 1.209
202206 1.006 125.017 1.060
202209 0.947 125.227 0.997
202212 0.985 125.222 1.037
202303 1.001 127.348 1.036
202306 0.965 128.729 0.988
202309 0.964 129.860 0.978
202312 0.973 129.419 0.991
202403 0.993 131.776 0.993

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


TCC Group Holdings Co  (OTCPK:TGBMF) 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.

TCC Group Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.9892/0.99
=1.00

* 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 TCC Group Holdings Co was 1.86. The lowest was 0.99. And the median was 1.47.


Be Aware

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


TCC Group Holdings Co Cyclically Adjusted Book per Share Related Terms

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


TCC Group Holdings Co (TCC Group Holdings Co) Business Description

Traded in Other Exchanges
Address
No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104
Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.