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Asia Plastic Recycling Holdings (TPE:1337) Cyclically Adjusted Book per Share : NT$31.07 (As of Mar. 2024)


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What is Asia Plastic Recycling Holdings 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.

Asia Plastic Recycling Holdings's adjusted book value per share for the three months ended in Mar. 2024 was NT$16.300. 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$31.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Plastic Recycling Holdings's average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.90% 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 Asia Plastic Recycling Holdings was -1.20% per year. The lowest was -2.90% per year. And the median was -2.05% per year.

As of today (2024-06-24), Asia Plastic Recycling Holdings's current stock price is NT$7.51. Asia Plastic Recycling Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$31.07. Asia Plastic Recycling Holdings's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Plastic Recycling Holdings was 0.28. The lowest was 0.10. And the median was 0.21.


Asia Plastic Recycling Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia Plastic Recycling Holdings'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.

Asia Plastic Recycling Holdings Cyclically Adjusted Book per Share Chart

Asia Plastic Recycling Holdings 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 34.93 34.40 34.28 33.65 31.53

Asia Plastic Recycling Holdings 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 33.18 32.54 32.25 31.53 31.07

Competitive Comparison of Asia Plastic Recycling Holdings's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Asia Plastic Recycling Holdings'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.


Asia Plastic Recycling Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Plastic Recycling Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asia Plastic Recycling Holdings's Cyclically Adjusted PB Ratio falls into.



Asia Plastic Recycling Holdings 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, Asia Plastic Recycling Holdings'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)
=16.3/115.2271*115.2271
=16.300

Current CPI (Mar. 2024) = 115.2271.

Asia Plastic Recycling Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.940 98.200 39.825
201409 35.862 98.900 41.782
201412 37.849 99.000 44.053
201503 37.732 99.900 43.521
201506 37.352 99.500 43.256
201509 39.290 100.500 45.047
201512 38.577 100.600 44.186
201603 38.765 102.200 43.706
201606 38.112 101.400 43.309
201609 37.347 102.400 42.025
201612 36.772 102.600 41.298
201703 35.382 103.200 39.505
201706 36.256 103.100 40.521
201709 36.859 104.100 40.799
201712 37.004 104.500 40.803
201803 37.157 105.300 40.660
201806 36.148 104.900 39.707
201809 34.267 106.600 37.040
201812 29.236 106.500 31.632
201903 29.253 107.700 31.297
201906 28.215 107.700 30.187
201909 26.657 109.800 27.975
201912 26.013 111.200 26.955
202003 25.304 112.300 25.964
202006 24.489 110.400 25.560
202009 24.495 111.700 25.268
202012 21.546 111.500 22.266
202103 20.966 112.662 21.443
202106 20.442 111.769 21.074
202109 19.896 112.215 20.430
202112 19.706 113.108 20.075
202203 20.029 114.335 20.185
202206 19.290 114.558 19.403
202209 18.902 115.339 18.884
202212 18.194 115.116 18.212
202303 17.958 115.116 17.975
202306 17.016 114.558 17.115
202309 17.093 115.339 17.076
202312 16.356 114.781 16.420
202403 16.300 115.227 16.300

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


Asia Plastic Recycling Holdings  (TPE:1337) 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.

Asia Plastic Recycling Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.51/31.07
=0.24

* 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 Asia Plastic Recycling Holdings was 0.28. The lowest was 0.10. And the median was 0.21.


Be Aware

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


Asia Plastic Recycling Holdings Cyclically Adjusted Book per Share Related Terms

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Asia Plastic Recycling Holdings (TPE:1337) Business Description

Traded in Other Exchanges
N/A
Address
Cricket Square, P.O. Box 2804, 4th Floor, Willow House, Grand Cayman, CYM, KY1-1112
Asia Plastic Recycling Holdings Ltd is engaged in the manufacturing, sale, research, and development of ethylene-vinyl acetate copolymer (EVA). EVA foam material is used in shoes, luggage (luggage trolley) linings, sporting goods, toys, car liners, home improvement building materials, and other fields.

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