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Makalot Industrial Co (TPE:1477) Cyclically Adjusted Book per Share : NT$51.97 (As of Jun. 2024)


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What is Makalot 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.

Makalot Industrial Co's adjusted book value per share for the three months ended in Jun. 2024 was NT$57.126. 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$51.97 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Makalot Industrial Co's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 Makalot Industrial Co was 12.30% per year. The lowest was 10.70% per year. And the median was 11.50% per year.

As of today (2024-09-21), Makalot Industrial Co's current stock price is NT$373.50. Makalot Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$51.97. Makalot Industrial Co's Cyclically Adjusted PB Ratio of today is 7.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Makalot Industrial Co was 8.79. The lowest was 2.96. And the median was 5.42.


Makalot Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Makalot 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.

Makalot Industrial Co Cyclically Adjusted Book per Share Chart

Makalot Industrial 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 33.63 35.08 40.23 45.61 49.74

Makalot Industrial Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 48.00 49.15 49.74 51.03 51.97

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

For the Apparel Manufacturing subindustry, Makalot 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.


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

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

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



Makalot 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, Makalot Industrial Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=57.126/132.5538*132.5538
=57.126

Current CPI (Jun. 2024) = 132.5538.

Makalot Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 34.220 100.428 45.167
201412 36.350 99.070 48.636
201503 39.106 99.621 52.034
201506 34.381 100.684 45.264
201509 38.206 100.392 50.446
201512 40.177 99.792 53.367
201603 42.590 100.470 56.190
201606 35.484 101.688 46.255
201609 36.807 101.861 47.898
201612 37.931 101.863 49.360
201703 38.394 102.862 49.477
201706 33.287 103.349 42.693
201709 35.631 104.136 45.355
201712 36.610 104.011 46.657
201803 37.681 105.290 47.438
201806 33.861 106.317 42.217
201809 36.299 106.507 45.176
201812 38.220 105.998 47.795
201903 40.424 107.251 49.961
201906 35.593 108.070 43.657
201909 38.354 108.329 46.931
201912 39.647 108.420 48.472
202003 41.626 108.902 50.667
202006 38.050 108.767 46.371
202009 41.302 109.815 49.854
202012 43.961 109.897 53.024
202103 47.786 111.754 56.680
202106 49.677 114.631 57.444
202109 52.864 115.734 60.547
202112 55.585 117.630 62.637
202203 50.423 121.301 55.101
202206 53.932 125.017 57.183
202209 59.448 125.227 62.926
202212 62.252 125.222 65.897
202303 51.755 127.348 53.871
202306 55.364 128.729 57.009
202309 61.399 129.860 62.673
202312 64.125 129.419 65.678
202403 53.378 131.776 53.693
202406 57.126 132.554 57.126

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


Makalot Industrial Co  (TPE:1477) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=373.50/51.97
=7.19

* 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 Makalot Industrial Co was 8.79. The lowest was 2.96. And the median was 5.42.


Be Aware

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


Makalot Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Makalot Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110
Makalot Industrial Co Ltd is a Taiwan-based company. The company along with its subsidiaries is involved in the manufacturing and processing of garments. Geographically the company earns revenue from the American region and other regions with the majority earned from the American region.

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