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Triocean Industrial Co (TPE:1472) Cyclically Adjusted Book per Share : NT$27.19 (As of Mar. 2025)


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What is Triocean Industrial 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.

Triocean Industrial Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$41.616. 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$27.19 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Triocean Industrial Co's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Triocean Industrial Co was 5.20% per year. The lowest was -3.10% per year. And the median was 0.30% per year.

As of today (2025-05-28), Triocean Industrial Co's current stock price is NT$101.00. Triocean Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$27.19. Triocean Industrial Co's Cyclically Adjusted PB Ratio of today is 3.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Triocean Industrial Co was 4.26. The lowest was 0.71. And the median was 1.54.


Triocean Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Triocean Industrial 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.

Triocean Industrial Co Cyclically Adjusted Book per Share Chart

Triocean Industrial Co 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 24.06 22.62 22.72 24.26 26.35

Triocean Industrial Co 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 24.98 25.43 25.92 26.35 27.19

Competitive Comparison of Triocean Industrial Co's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Triocean Industrial 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.


Triocean Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Triocean Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Triocean Industrial 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, Triocean Industrial Co'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)
=41.616/134.9266*134.9266
=41.616

Current CPI (Mar. 2025) = 134.9266.

Triocean Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.994 100.684 22.774
201509 16.417 100.392 22.065
201512 16.298 99.792 22.036
201603 19.976 100.470 26.827
201606 17.137 101.688 22.739
201609 16.852 101.861 22.322
201612 17.132 101.863 22.693
201703 16.244 102.862 21.308
201706 16.454 103.349 21.481
201709 26.328 104.136 34.113
201712 28.166 104.011 36.538
201803 26.165 105.290 33.530
201806 24.543 106.317 31.148
201809 23.944 106.507 30.333
201812 23.548 105.998 29.975
201903 25.596 107.251 32.201
201906 37.783 108.070 47.173
201909 35.923 108.329 44.743
201912 33.748 108.420 41.999
202003 25.664 108.902 31.797
202006 17.731 108.767 21.995
202009 12.337 109.815 15.158
202012 9.982 109.897 12.255
202103 9.132 111.754 11.026
202106 8.841 114.631 10.406
202109 9.105 115.734 10.615
202112 29.457 117.630 33.789
202203 8.218 121.301 9.141
202206 8.446 125.017 9.115
202209 8.022 125.227 8.643
202212 29.749 125.222 32.055
202303 30.026 127.348 31.813
202306 30.795 128.729 32.278
202309 30.917 129.860 32.123
202312 32.063 129.419 33.427
202403 33.114 131.776 33.906
202406 32.871 132.554 33.459
202409 37.157 133.029 37.687
202412 38.670 133.157 39.184
202503 41.616 134.927 41.616

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


Triocean Industrial Co  (TPE:1472) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.00/27.19
=3.71

* 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 Triocean Industrial Co was 4.26. The lowest was 0.71. And the median was 1.54.


Be Aware

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


Triocean Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Triocean Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 802
Triocean Industrial Corp Co Ltd, formerly Tri Ocean Textile Co Ltd is a Taiwan-based company that operates in the textile manufacturing industry. It is engaged in producing polypropylene filament yarns and fabrics.

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