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Ve Wong (TPE:1203) Cyclically Adjusted Book per Share : NT$25.05 (As of Mar. 2025)


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What is Ve Wong 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.

Ve Wong's adjusted book value per share for the three months ended in Mar. 2025 was NT$26.650. 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$25.05 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ve Wong's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Ve Wong was 6.50% per year. The lowest was 5.00% per year. And the median was 5.80% per year.

As of today (2025-05-27), Ve Wong's current stock price is NT$41.15. Ve Wong's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$25.05. Ve Wong's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ve Wong was 2.43. The lowest was 1.32. And the median was 1.62.


Ve Wong Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ve Wong'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.

Ve Wong Cyclically Adjusted Book per Share Chart

Ve Wong 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 19.73 21.31 22.87 23.82 24.68

Ve Wong 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 24.29 24.47 24.61 24.68 25.05

Competitive Comparison of Ve Wong's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Ve Wong'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.


Ve Wong's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ve Wong's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ve Wong 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, Ve Wong'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)
=26.65/134.9266*134.9266
=26.650

Current CPI (Mar. 2025) = 134.9266.

Ve Wong Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.453 100.684 23.389
201509 17.970 100.392 24.152
201512 17.803 99.792 24.071
201603 17.932 100.470 24.082
201606 17.403 101.688 23.091
201609 17.706 101.861 23.454
201612 18.432 101.863 24.415
201703 18.536 102.862 24.314
201706 18.132 103.349 23.672
201709 18.786 104.136 24.341
201712 19.117 104.011 24.799
201803 19.627 105.290 25.152
201806 18.954 106.317 24.055
201809 19.599 106.507 24.829
201812 19.903 105.998 25.335
201903 20.543 107.251 25.844
201906 20.258 108.070 25.292
201909 20.688 108.329 25.767
201912 21.024 108.420 26.164
202003 21.240 108.902 26.316
202006 20.946 108.767 25.984
202009 21.244 109.815 26.102
202012 21.688 109.897 26.628
202103 22.133 111.754 26.722
202106 22.489 114.631 26.471
202109 21.803 115.734 25.419
202112 22.169 117.630 25.429
202203 23.060 121.301 25.650
202206 21.881 125.017 23.615
202209 22.664 125.227 24.420
202212 23.281 125.222 25.085
202303 23.691 127.348 25.101
202306 23.032 128.729 24.141
202309 23.649 129.860 24.572
202312 24.274 129.419 25.307
202403 24.863 131.776 25.457
202406 24.315 132.554 24.750
202409 25.169 133.029 25.528
202412 25.996 133.157 26.341
202503 26.650 134.927 26.650

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


Ve Wong  (TPE:1203) 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.

Ve Wong's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.15/25.05
=1.64

* 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 Ve Wong was 2.43. The lowest was 1.32. And the median was 1.62.


Be Aware

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


Ve Wong Cyclically Adjusted Book per Share Related Terms

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


Ve Wong Business Description

Traded in Other Exchanges
N/A
Address
No. 79, Section 2, Zhongshan North Road, 5th Floor, Taipei, TWN
Ve Wong Corp manufactures and distributes food products. The company is engaged in the production and sales of monosodium glutamate, soy sauce, instant noodles, canned food, and beverages, as well as residential and building development, leasing and sales, industrial plant development, leasing and sales, investment and construction of public construction, and import of foreign tobacco, alcohol, and beverages. The operating segments of the company are; the Condiment business, Fast food business, and others. The majority of its revenue is generated from the Condiment business.

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