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Taisun Enterprise Co (TPE:1218) Cyclically Adjusted Book per Share : NT$16.28 (As of Mar. 2024)


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What is Taisun 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.

Taisun Enterprise Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$25.167. 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$16.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taisun Enterprise Co's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Taisun Enterprise Co was 10.20% per year. The lowest was 7.10% per year. And the median was 8.65% per year.

As of today (2024-06-07), Taisun Enterprise Co's current stock price is NT$23.25. Taisun Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.28. Taisun Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taisun Enterprise Co was 3.39. The lowest was 1.26. And the median was 2.11.


Taisun Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taisun 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.

Taisun Enterprise Co Cyclically Adjusted Book per Share Chart

Taisun 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 11.34 11.72 12.73 13.94 15.67

Taisun 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 14.52 14.97 15.40 15.67 16.28

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

For the Packaged Foods subindustry, Taisun 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.


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

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

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



Taisun 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, Taisun 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)
=25.167/131.7762*131.7762
=25.167

Current CPI (Mar. 2024) = 131.7762.

Taisun Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.172 100.560 12.019
201409 9.358 100.428 12.279
201412 9.253 99.070 12.308
201503 9.205 99.621 12.176
201506 9.173 100.684 12.006
201509 9.797 100.392 12.860
201512 9.401 99.792 12.414
201603 9.556 100.470 12.534
201606 9.758 101.688 12.645
201609 10.138 101.861 13.115
201612 9.585 101.863 12.400
201703 9.607 102.862 12.307
201706 9.595 103.349 12.234
201709 10.387 104.136 13.144
201712 11.237 104.011 14.237
201803 12.831 105.290 16.059
201806 12.704 106.317 15.746
201809 13.140 106.507 16.258
201812 13.155 105.998 16.354
201903 13.377 107.251 16.436
201906 12.867 108.070 15.690
201909 13.414 108.329 16.317
201912 13.571 108.420 16.494
202003 13.809 108.902 16.710
202006 13.409 108.767 16.246
202009 14.113 109.815 16.935
202012 14.448 109.897 17.324
202103 14.794 111.754 17.444
202106 15.121 114.631 17.383
202109 13.983 115.734 15.921
202112 14.365 117.630 16.093
202203 13.663 121.301 14.843
202206 13.933 125.017 14.686
202209 14.257 125.227 15.003
202212 25.832 125.222 27.184
202303 25.904 127.348 26.805
202306 24.418 128.729 24.996
202309 24.602 129.860 24.965
202312 24.837 129.419 25.289
202403 25.167 131.776 25.167

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


Taisun Enterprise Co  (TPE:1218) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.25/16.28
=1.43

* 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 Taisun Enterprise Co was 3.39. The lowest was 1.26. And the median was 2.11.


Be Aware

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


Taisun Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Taisun Enterprise Co (TPE:1218) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Xinggong Road, Tianzhong Township, Changhua County, Changhua, TWN, 520
Taisun Enterprise Co Ltd is engaged in the production and refining of cooking oil, salad oil and vegetable oil and beverages. The company's operating segments include Consumption; Commodity and Other. It generates maximum revenue from Consumption segment. Its products include olive oil, grape seed oil, sunflower oil, salad oil, soybean, animal feeds, soft drinks, frozen foods, and others.

Taisun Enterprise Co (TPE:1218) Headlines

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