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Carnival Industrial (TPE:1417) Cyclically Adjusted Book per Share : NT$20.35 (As of Mar. 2025)


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What is Carnival Industrial 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.

Carnival Industrial's adjusted book value per share for the three months ended in Mar. 2025 was NT$12.571. 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$20.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Carnival Industrial's average Cyclically Adjusted Book Growth Rate was -7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.10% 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 Carnival Industrial was -0.90% per year. The lowest was -3.50% per year. And the median was -1.20% per year.

As of today (2025-05-29), Carnival Industrial's current stock price is NT$8.13. Carnival Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$20.35. Carnival Industrial's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Carnival Industrial was 0.72. The lowest was 0.32. And the median was 0.53.


Carnival Industrial Cyclically Adjusted Book per Share Historical Data

The historical data trend for Carnival Industrial'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.

Carnival Industrial Cyclically Adjusted Book per Share Chart

Carnival Industrial 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 22.71 22.91 22.78 21.91 20.60

Carnival Industrial 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 21.87 21.57 21.13 20.60 20.35

Competitive Comparison of Carnival Industrial's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Carnival Industrial'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.


Carnival Industrial's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Carnival Industrial 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, Carnival Industrial'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)
=12.571/134.9266*134.9266
=12.571

Current CPI (Mar. 2025) = 134.9266.

Carnival Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201506 23.976 100.684 32.130
201509 23.346 100.392 31.377
201512 22.320 99.792 30.178
201603 22.128 100.470 29.717
201606 21.489 101.688 28.513
201609 20.836 101.861 27.600
201612 20.417 101.863 27.044
201703 19.751 102.862 25.908
201706 19.542 103.349 25.513
201709 19.398 104.136 25.134
201712 18.538 104.011 24.048
201803 18.404 105.290 23.584
201806 18.366 106.317 23.308
201809 17.981 106.507 22.779
201812 17.795 105.998 22.652
201903 18.465 107.251 23.230
201906 19.120 108.070 23.872
201909 18.595 108.329 23.160
201912 16.506 108.420 20.541
202003 15.167 108.902 18.792
202006 14.992 108.767 18.598
202009 13.389 109.815 16.451
202012 13.470 109.897 16.538
202103 14.038 111.754 16.949
202106 14.436 114.631 16.992
202109 14.216 115.734 16.573
202112 14.137 117.630 16.216
202203 14.503 121.301 16.132
202206 14.320 125.017 15.455
202209 14.356 125.227 15.468
202212 14.240 125.222 15.344
202303 14.530 127.348 15.395
202306 13.943 128.729 14.614
202309 14.018 129.860 14.565
202312 13.630 129.419 14.210
202403 13.796 131.776 14.126
202406 13.308 132.554 13.546
202409 12.667 133.029 12.848
202412 12.198 133.157 12.360
202503 12.571 134.927 12.571

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


Carnival Industrial  (TPE:1417) 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.

Carnival Industrial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.13/20.35
=0.40

* 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 Carnival Industrial was 0.72. The lowest was 0.32. And the median was 0.53.


Be Aware

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


Carnival Industrial Cyclically Adjusted Book per Share Related Terms

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


Carnival Industrial Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, 25 Jen Ai Road.Sector 4, Da’an Dist, Taipei, TWN
Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms men's and women's garments including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. It has two reportable segments that include the Apparel sales department and the Garment production department. The majority of its revenue comes from the Apparel sales department.

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