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Awea Mechantronic Co (TPE:1530) Cyclically Adjusted Book per Share : NT$35.75 (As of Mar. 2024)


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What is Awea Mechantronic 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.

Awea Mechantronic Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$34.440. 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$35.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Awea Mechantronic Co's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Awea Mechantronic Co was 7.00% per year. The lowest was 6.90% per year. And the median was 6.95% per year.

As of today (2024-06-15), Awea Mechantronic Co's current stock price is NT$31.95. Awea Mechantronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$35.75. Awea Mechantronic Co's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Awea Mechantronic Co was 1.41. The lowest was 0.84. And the median was 1.01.


Awea Mechantronic Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Awea Mechantronic 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.

Awea Mechantronic Co Cyclically Adjusted Book per Share Chart

Awea Mechantronic 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 27.69 28.62 31.35 33.78 35.10

Awea Mechantronic 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 34.40 34.80 35.19 35.10 35.75

Competitive Comparison of Awea Mechantronic Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Awea Mechantronic 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.


Awea Mechantronic Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Awea Mechantronic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Awea Mechantronic 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, Awea Mechantronic 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)
=34.44/131.7762*131.7762
=34.440

Current CPI (Mar. 2024) = 131.7762.

Awea Mechantronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.186 100.560 31.694
201409 25.023 100.428 32.834
201412 26.142 99.070 34.772
201503 26.783 99.621 35.428
201506 25.027 100.684 32.756
201509 26.947 100.392 35.371
201512 27.122 99.792 35.815
201603 27.326 100.470 35.841
201606 27.144 101.688 35.176
201609 27.117 101.861 35.081
201612 27.569 101.863 35.665
201703 26.990 102.862 34.577
201706 27.072 103.349 34.518
201709 27.846 104.136 35.237
201712 28.627 104.011 36.269
201803 29.290 105.290 36.658
201806 29.360 106.317 36.391
201809 29.598 106.507 36.620
201812 30.708 105.998 38.176
201903 31.449 107.251 38.641
201906 29.976 108.070 36.552
201909 29.905 108.329 36.378
201912 29.610 108.420 35.989
202003 32.917 108.902 39.831
202006 31.571 108.767 38.250
202009 31.937 109.815 38.324
202012 32.334 109.897 38.771
202103 32.525 111.754 38.352
202106 33.161 114.631 38.121
202109 30.865 115.734 35.143
202112 31.443 117.630 35.224
202203 32.339 121.301 35.132
202206 31.917 125.017 33.643
202209 33.492 125.227 35.244
202212 33.674 125.222 35.437
202303 33.856 127.348 35.033
202306 32.283 128.729 33.047
202309 34.149 129.860 34.653
202312 34.100 129.419 34.721
202403 34.440 131.776 34.440

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


Awea Mechantronic Co  (TPE:1530) 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.

Awea Mechantronic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.95/35.75
=0.89

* 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 Awea Mechantronic Co was 1.41. The lowest was 0.84. And the median was 1.01.


Be Aware

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


Awea Mechantronic Co Cyclically Adjusted Book per Share Related Terms

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


Awea Mechantronic Co (TPE:1530) Business Description

Traded in Other Exchanges
N/A
Address
629, Suezhetou Section, Kwanpu Road, Wenshan Li, Hsinpu Town, Hsinchu County, TWN, 305
Awea Mechantronic Co Ltd designs manufactures and sells computer numerically controlled machine tools. The company's products include bridge-type machines, CNC vertical machines, gantry-type machines, and horizontal boring machines.

Awea Mechantronic Co (TPE:1530) Headlines

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